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New Car Sales Fell 7.9% In March

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Time for scrappage scheme mark 2?

Car sales slide again

Sales of the new 11-plate cars were down in March compared with the same month last year, figures show.

There were 366,101 new cars registered during the month, which was 7.9% down on March 2010, according to figures from industry body the SMMT.

Registrations in the first three months of the year were down 8.7% compared with the first quarter of 2010, at 558,336.

New car registrations have now declined in each of the last nine months.

The SMMT said that new cars registered in the first quarter had record low emissions, down 3.4% at 140.3g per km.

The Ford Fiesta was the best-selling car in the month, followed by the Ford Focus and Vauxhall Corsa.

March is traditionally the biggest month for car sales, with an average of almost 450,000 cars registered in the month between 2004 and 2008

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Offer everyone an incentive to buy a new car now rather than in a year or two and you end up with a hole in new car sales....

it's not rocket internal combustion engine science. :blink:

Politicians should keep out of free markets.

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Offer everyone an incentive to buy a new car now rather than in a year or two and you end up with a hole in new car sales....

it's not rocket internal combustion engine science. :blink:

Politicians should keep out of free markets.

You mean, boost the economy a little bit before the election at the expense of what happens to the economy after the election?

ooh, we're all so cynical on here, aren't we...?

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You mean, boost the economy a little bit before the election at the expense of what happens to the economy after the election?

ooh, we're all so cynical on here, aren't we...?

That's about the top and bottom of it - the 'seen to be doing something' political posturing minus the thinking it through.

How many deals were pushed through in that final year, long after the money had run through - aircraft carriers, PFI...

There should be a law against politicians meddling in the economy.

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The coalition could save on the admin costs and just divert 0.5% or 1% from everyone's pay packet direct to car manufacturers

Genius, and of course we already do that for banks, but where to stop?

I would draw the line at Estate Agents I think.

Maybe paedophiles, although that is more marginal.

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Most of the scrappage scheme cars were scrapped but a good number ended up being shipped to places abroad without

the required cutting in two Or even with it but made as easy as possible to put back together & layered over the best examples

to make it look like a shipping container of scrap for export to Angola, West, North Africa etc.

Not 100% sure if this is true but I hope it is, heard it somewhere.

mayflower4.jpg

http://www.aronline.co.uk/blogs/2009/10/11/scrappage-killed-by-greed/

Edited by northwestsmith2

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Not surprised it ties in with the data from the Govt which show the number of new cars on the road are declining for the first time since WW2!!!

Just think of the tax the Govt is no longer getting from the sale of the vehicle and lost fuel revenue!!!

I work in a car franchise - new car sales are dire at the moment.It is a struggle right now.We seem to have gone from feast to famine.

I already lost one job at end of 2008 in a very large dealership and dont want to lose another one.

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The coalition could save on the admin costs and just divert 0.5% or 1% from everyone's pay packet direct to car manufacturers

Ha, thankfully the days of monolithic socialist central planning went out with Brown et al and now we have a radical government dedicated to getting out of the way of the free market wherever possible giving £250m to housebuilders through FirstBuy. :(

Edited by Dorkins

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I work in a car franchise - new car sales are dire at the moment.It is a struggle right now. We seem to have gone from feast to famine.

I already lost one job at end of 2008 in a very large dealership and dont want to lose another one.

Then it's surprising that when I contact two Citroen dealerships about a test drive neither seem too worried about calling me back. I have been trying since mid February when MOT and Tax were up on my car. I have given car away in meantime, and called them back yet still not heard about a test drive. When I did get through the response I got was the demonstrator was out for a couple of weeks and I should call back another time.

Personally I'm happy enough without the car, but my wife keeps moaning about carrying home the shopping :lol: **

Always found it very hard to buy cars at a dealership, they often try to sell me what they have in the lot, but aren't that willing to negotiate on them. Once I stupidly bought one. I went in wanting the car in red and came out with a metallic grey! Bought my last car from Netherlands as I specified.

** She does have a small car, Fiat Panda, for the shopping. We are looking to just have one car rather than two, and with rapidly growing kids the Panda is too small

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Offer everyone an incentive to buy a new car now rather than in a year or two and you end up with a hole in new car sales....

I have been saying this for a long time. They should have paid people to scrap nearly-new cars, not old. That way there would not be so much trouble stored up for later ...

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Genius, and of course we already do that for banks, but where to stop?

I would draw the line at Estate Agents I think.

Maybe paedophiles, although that is more marginal.

Estate Agents, House builders and banks are getting our taxes via the First Buy scheme.

Car manafacturers = scrappage scheme

Boiler manfacturers = scrappage scheme

Universities= tutition fees (will go on salaries)

Electric car manufacturers = Electric car subsidy

Energy efficiency etc..

There are 168 hours in a week and lots of people only work 40, so they must think there is plenty of room for more thieving schemes

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We're told we shouldn't be using cars as much, that we should be using rail, and we should be keeping our cars for longer for the sake of the environment.

Then when we do, there's all manner of handwringing because it screws up manufacturing.

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We're told we shouldn't be using cars as much, that we should be using rail, and we should be keeping our cars for longer for the sake of the environment.

Then when we do, there's all manner of handwringing because it screws up manufacturing.

And when the scrappage cars are just exported to third world countries they carry on polluting there. Not very green is it!!

Meddling aside, the fact is we are quite likely to find the second quarter GDP turn out at very close to back in recession if not actually so. We ARE quite naturaly and as I expected all along, unable to just escape the deficit and appalling national debt. It will catch up with us whatever the govt does. Much better to allow the pain to work itself through without pathetic schemes like the expensive support for FTB who should not want that, BUT ACTUALLY WANT LOWER HOUSE PRICES. It would be a first step to reciovery to simply have normal interest rates. Lots of abanormal things would start to repair and the economy would rebalance much more quickly after a painful year.

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I have been looking and there are some good deals now , vw polo with free insurance, free services for 3 years . Fiat offering discounts plus low rate finance. We need a cheap low running cost motor.

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I have been looking and there are some good deals now , vw polo with free insurance, free services for 3 years . Fiat offering discounts plus low rate finance. We need a cheap low running cost motor.

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Time for scrappage scheme mark 2?

Dire sales now are the result of scrappage 1 bringing demand foward.

All liebour interventions have (un) intended consequences.

I don't think they could bring significant demand forward at this moment in time, although I'd agree Labour have sabotaged current demand.

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Most of the scrappage scheme cars were scrapped but a good number ended up being shipped to places abroad without

the required cutting in two Or even with it but made as easy as possible to put back together & layered over the best examples

to make it look like a shipping container of scrap for export to Angola, West, North Africa etc.

Not 100% sure if this is true but I hope it is, heard it somewhere.

http://www.aronline....illed-by-greed/

That post has so annoyed me. I hope Mandelslime meets a nasty end too.

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"in a surpring move by the minister of the environment, a bill was introduced today in parliament making road vehicles over 15 years old illegal."

March 2012

"in a surpring move by the minister of the environment, a bill was introduced today to tighten the rules on illegal cars, making road vehicles over 10 years old illegal."

March 2013

"in a surpring move by the minister of the environment, a bill was introduced today in parliament making road vehicles over 7 years old illegal."

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And when the scrappage cars are just exported to third world countries they carry on polluting there. Not very green is it!!

Meddling aside, the fact is we are quite likely to find the second quarter GDP turn out at very close to back in recession if not actually so. We ARE quite naturaly and as I expected all along, unable to just escape the deficit and appalling national debt. It will catch up with us whatever the govt does. Much better to allow the pain to work itself through without pathetic schemes like the expensive support for FTB who should not want that, BUT ACTUALLY WANT LOWER HOUSE PRICES. It would be a first step to reciovery to simply have normal interest rates. Lots of abanormal things would start to repair and the economy would rebalance much more quickly after a painful year.

That's spot on really.

To think the previous government through the kitchen sink in terms of artificially stimulating the economy so as to be able to crow that they 'grew' the economy and it emerged from recession: they basically loaded up the credit card (govt spending - even debt financed - is a GDP augmenter), damning the incumbents. Perhaps if governments tried to educate people to economic reality as opposed to conning them? I suppose if they expose the lies and the fraud, they won't be able to do it themselves.

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All liebour interventions have (un) intended consequences.

What about Tory interventions like a £250m taxpayer gift to housebuilders which will also sucker in 10,000 FTBs near the top of the market?

They're all as bad as each other.

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What about Tory interventions like a £250m taxpayer gift to housebuilders which will also sucker in 10,000 FTBs near the top of the market?

They're all as bad as each other.

Don't disagree with that.

The last thing you want to hear when trouble is brewing: 'I'm from the government, I'm here to help... myself... and my mates' :lol:

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  • 311 Brexit, House prices and Summer 2020

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      • down 5% +
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      • up 5%



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