Friday, 6 February 2009

predicted rate cut happens, price of used cars now!

I predicted a rate cut of 0.4-0.75%, in the end we got 0.5%, a pretty educated guess, that and my uncle happens to be on the Bank of England pay roll, (Only Joking) Sorry Unc didn't mean to drop you in it.

So how much will your next used car be going up to? Do you know that dealers can put their prices up as well as down and loads of them are doing that right now, so what's the reason for this change in tactic?

Well since the market was so quiet there was loads of available stock, infact a surplus, however now there is a shortfall as you Savvy customers come flooding back to the market.

Forget the SAD Syndrome, get out there and cheer yourself up, retail therapy big style, never mind the handbag or shoes, treat yourself to a nice used car, I haven't put my prices up I still offer the same brilliant value quality used cars as before.

But get in sooner rather than later as the wholesale prices that we have to pay are on the way up, this can only mean that the price to you will be higher, If you want to catch the best price which comes in between the lowest and the highest then ACT NOW, failure to do so will make your pocket/purse much lighter!

I have prophesised again, as with the rate cut this prophesy will also come true, used car prices are on the way up, if you intend to act in 2-3-4 months time then keep todays motoring adverts and compare them to the ones that are newly published when you are ready, you will kick yourself, O.K. I know that anatomically that is not possible, so instead kick the person, Husband/Wife that cost you all that extra money and while your doing just that remember, " I told you so".

Thanks for looking in again.

Regards.

Mark Duncan

acar2go

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