Rate cut Thu 5th Feb used car prices on the way up!

Tomorrow, Thursday the 5th February will see another rate cut, I estimate that it will be in the region of 0.4 to 0.75%.

The situation in the Country is on the way up, I have already sold a third of the amount of used cars that I sold in the whole of January!

It gives me a great deal of satisfaction to hear customer feedback, one customer told me that he looked at a 54 plate old shape Zafira with 55,000 miles that was nearly £1,000 cheaper than my 55 plate new shape Zafira with 35,000 miles, the dealership margin comparison would have been nearer to £2,000 different.

He also told me that the car was very rough and that the guy wouldn't negotiate on price; I don't haggle either but my used cars are all very well presented and worth the money!

I also had a phone call from a lady in Reigate in Surrey, she asked me, what was wrong with the used car that she was enquiring upon, when I replied absolutely nothing she then said, "Well why is it so cheap" I Love it when people say that, she was just being a bit cautious with her money, she made an appointment to come in last weekend to see the car, problem is I sold it on Thursday.

Although people do come in at weekends, understandably because that is when all interested parties can be present, other people also come in on Monday, Tuesday, Wednesday, Thursday and Friday and buy cars, if they didn't then all Dealerships in the Country would close until the wekend.

There is a saying in the Motor Trade that is often quoted to Procrastinating Customers, "The car that you saw Today and are thinking about Buying Tomorrow, Somebody else saw Yesterday and will buy it today" However the Customer that sees Today and Buys Today will beat both of the aforementioned.

I am an eternal Optimist, I know that the Country will Bounce back, when we ascend into that time, the price of everything will go up including big ticket purchases, cars, white goods, etc, etc.

Come on there has never been a better time to buy a used car, mine are priced to sell everytime, I have not sold a car yet to a customer that hasn't been very Happy, come in and see my photo wall, full of smiling faces, Happy people and for a very good reason, they saved lots of their hard earned cash.

I already have 3 appointments for Saturday, one for Sunday, one for Friday and one for Thursday, come on give me a call, I can stilll fit you in, my diary is at the ready!

Thanks again for looking in.

Mark Duncan

acar2go