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Author Credit Crunch?
Nath
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Registered: 3rd Apr 02
Location: MK
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21st Sep 08 at 22:17   View User's Profile U2U Member Reply With Quote

What credit crunch?

There are no less than 4 'I've got a new car' threads on the 1st page in GC*

People been buying up shares in HBOS or something?!



*at time of writing at least.
Colin
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Registered: 4th Apr 02
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21st Sep 08 at 22:25   View User's Profile U2U Member Reply With Quote

Im tempted to get a new car too, just think i'll be shocked (disgusted) at what I get offered for mine!
Nath
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Registered: 3rd Apr 02
Location: MK
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21st Sep 08 at 22:26   View User's Profile U2U Member Reply With Quote

That's the drawback I reckon. PX will be shiiiiiiiiiite.
Hammer
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Registered: 11th Feb 04
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21st Sep 08 at 22:27   View User's Profile U2U Member Reply With Quote

Stu sells cocaine, Robin sells his hair to loft insulating companies.

Can't legislate for the rest.
Colin
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Registered: 4th Apr 02
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21st Sep 08 at 22:30   View User's Profile U2U Member Reply With Quote

Yeah Im so indecisive, unsure whether I should just keep the golf & burn it into the ground!

If I had a set of balls id have bought this already!! - http://www.pistonheads.com/sales/594497.htm

BUT, I suppose ive got a wedding to be saving for now!

[Edited on 21-09-2008 by Colin]
Anty
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Registered: 19th Mar 08
Location: droitwich
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21st Sep 08 at 22:56   View Garage View User's Profile U2U Member Reply With Quote

im trying to sell mine, i want another micra !!! nippy very good on fuel... would put the corsa to shame
James
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Registered: 1st Jun 02
Location: Surrey
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22nd Sep 08 at 09:28   View User's Profile U2U Member Reply With Quote

I guess people are confident they aren't going to get made redundant.

Interesting
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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22nd Sep 08 at 09:30   View User's Profile U2U Member Reply With Quote

New cars or just second hand cars?
Daniel_Corsa
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Registered: 21st Apr 04
Location: Wigton, Cumbria
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22nd Sep 08 at 09:31   View Garage View User's Profile U2U Member Reply With Quote

Don't see what the worry is personally.


April '06' Corsasport Feature Car | Aug '08' Total Vauxhall Feature Car | Spring '09' Fast Car Feature Car
James
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Registered: 1st Jun 02
Location: Surrey
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22nd Sep 08 at 09:31   View User's Profile U2U Member Reply With Quote

Irrelevant TBH. I would be surprised if most of these people haven't financed themselves up to the eyeballs.



[Edited on 22-09-2008 by James]
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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22nd Sep 08 at 09:35   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by James
Irrelevant TBH. I would be surprised if most of these people haven't financed themselves up to the eyeballs.



Not really, the prices of second hand cars have fallen hugely recently, so for some who wont be greatly effected by the credit crunch its a good time to buy.
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
22nd Sep 08 at 09:41   View User's Profile U2U Member Reply With Quote

If you've got the money saved up, then it's totally a buyers market out there. Especially less economical cars and houses.

Wish I was a good few years older with hefty mortgage deposit and mortgage lined up. Can get a lot more for your money down here now.
Colin
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Registered: 4th Apr 02
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22nd Sep 08 at 09:47   View User's Profile U2U Member Reply With Quote

Ive got savings, & im in possibly the safest sector in the UK at the moment.....I just like maintaining a healthy bank account until all this blows over
Brabus
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Registered: 25th Oct 07
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22nd Sep 08 at 10:08   View User's Profile U2U Member Reply With Quote

I have been wating a 182 for a long time, for the money i had i would have been lucky to get a 54 plate high milage, common black from some ex chav. However with the state of the second hand market at the moment i managed to get an 05, racing blue, 10.5K miles with 1 previous woman owner at trade with 12 month warrenty. As its already been said, its now a buyers market.
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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22nd Sep 08 at 10:12   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Colin
Yeah Im so indecisive, unsure whether I should just keep the golf & burn it into the ground!

If I had a set of balls id have bought this already!! - http://www.pistonheads.com/sales/594497.htm

BUT, I suppose ive got a wedding to be saving for now!

[Edited on 21-09-2008 by Colin]


Brides parents ftw. Keep taunting Kirsty's Mum about that
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
22nd Sep 08 at 10:15   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by pow
Brides parents ftw. Keep taunting Kirsty's Mum about that

You're getting married congratulations.
Dione J
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Registered: 22nd Sep 04
Location: West Midlands Drives: Leon Cupra Turbo
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22nd Sep 08 at 10:39   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Brabus
I have been wating a 182 for a long time, for the money i had i would have been lucky to get a 54 plate high milage, common black from some ex chav. However with the state of the second hand market at the moment i managed to get an 05, racing blue, 10.5K miles with 1 previous woman owner at trade with 12 month warrenty. As its already been said, its now a buyers market.
How much did you pick it up for?
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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22nd Sep 08 at 10:42   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by deano87
quote:
Originally posted by pow
Brides parents ftw. Keep taunting Kirsty's Mum about that

You're getting married congratulations.


No
Brabus
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Registered: 25th Oct 07
User status: Offline
22nd Sep 08 at 10:45   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Dione J
quote:
Originally posted by Brabus
I have been wating a 182 for a long time, for the money i had i would have been lucky to get a 54 plate high milage, common black from some ex chav. However with the state of the second hand market at the moment i managed to get an 05, racing blue, 10.5K miles with 1 previous woman owner at trade with 12 month warrenty. As its already been said, its now a buyers market.
How much did you pick it up for?

1 owner
10.5k miles
Just serviced by Reanult
Racing blue
Both Cup packs
Recarros

Trade, was on the fourcourt for £7,250, got it for £6,900.
Dione J
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Registered: 22nd Sep 04
Location: West Midlands Drives: Leon Cupra Turbo
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22nd Sep 08 at 10:49   View User's Profile U2U Member Reply With Quote

did you get that from the Renault actual dealer garage i take it? Everytime I go dealers they only ever have BRAND NEW cars
Brabus
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Registered: 25th Oct 07
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22nd Sep 08 at 10:56   View User's Profile U2U Member Reply With Quote

I got it from a Audi garage, the woman had traded it in for an A4 convertible so they were selling in on cheap to get rid. I just happened to be driving past on the day it came in
micra_pete
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Registered: 23rd Apr 03
Location: West Yorkshire
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22nd Sep 08 at 10:57   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by 4NTHONY
im trying to sell mine, i want another micra !!! nippy very good on fuel... would put the corsa to shame


RichR
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Registered: 17th Oct 01
Location: Waterhouses, Staffordshire
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22nd Sep 08 at 11:06   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by James
I guess people are confident they aren't going to get made redundant.

Interesting


Strength of the Euro against the £ has made us really competitive abroad.
Last year was hte worst year in 10 years on the books, we took £2.5million over 12 months to March. In the last 8 weeks alone, we've had orders placed for over £3million plus loads of servicing and re-fitting work coming off.

I feel fairly secure in my position for at least the next 2 years
Robin
Premium Member

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Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
User status: Offline
22nd Sep 08 at 11:53   View Garage View User's Profile U2U Member Reply With Quote

I'm supporting the economy by not chickening out of spending monies.
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
22nd Sep 08 at 12:04   View User's Profile U2U Member Reply With Quote

I'm not supporting the economy by only paying the minimum repayment on my credit card

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