New car prices

[verytalldave]

Drove past a Ford dealer last night. A well speced new Mondeo priced at circa £25K.
No wonder so many are sitting in giant car parks.
How many private buyers can afford to lose at least £10K in a years ownership?
Madness.
I wonder which BIG name will be the first to actually go under and not come back up for air?

 

[C240Sport97]

Drove past a Ford dealer last night. A well speced new Mondeo priced at circa £25K.
No wonder so many are sitting in giant car parks.
How many private buyers can afford to lose at least £10K in a years ownership?
Madness.
I wonder which BIG name will be the first to actually go under and not come back up for air?

Vauxhall

 

[verytalldave]

You could be right there.
See VERY few new Vauxhalls on the road.
Dont think I have ever seen one of the new models..................

 

[DSLiverpool]

Loads round here - Corsas and astras by the hundred mainly in a car park in Ellesmere port

 

[fuzzer]

You could be right there.
See VERY few new Vauxhalls on the road.
Dont think I have ever seen one of the new models..................

Ive seen loads of insignias, i might just have been lucky...


saw a lovely one with huge wheels and in bright white yesterday! stunning

 

[verytalldave]

Thats the one. I couldnt remember its name. Dont think I ever seen one.

 

[fnkhan68]

Not sure about that, ive ordered an Insignia as a company car back in Jan, due date for it now is August. Inchape have spoken to Vauxhall as to why due date is so long and the reason they have given is that 30,000 build slots were allocated for the Insignia this year and they have all been taken!!! If that is the case then they seem to be doing well in this current climate. The other thing to bear in mind is that the fleet prefer Vauxhalls over Fords so they always have demand for new cars.

 

[hawk20]

I don't think it will be Vauxhall but who knows so hard to predict who will prop up whom.

Easy to say who should go bust: Saab, Jaguar, Aston Martin, Volvo, possibly LandRover, --all the firms that lose money year in year out and just keep the continued excess capacity going.

But govts will interfere......

And if they don't, there is nearly always some rich outfit where optimism rules and they think they can pull round these historic makes.

 

[flango]

Not sure about that, ive ordered an Insignia as a company car back in Jan, due date for it now is August. Inchape have spoken to Vauxhall as to why due date is so long and the reason they have given is that 30,000 build slots were allocated for the Insignia this year and they have all been taken!!! If that is the case then they seem to be doing well in this current climate. The other thing to bear in mind is that the fleet prefer Vauxhalls over Fords so they always have demand for new cars.

Reason the deliveries have gone out on the Insignia is that Vauxhall have offered them to the major car rental firms and big fleet users at a rediculous dicount, just to shift them and generate cashflow in a time of crisis. I know one fleet manager for a very large UK company that runs 1000's of cars and he is paying nearly 10% less for a higher spec Insignia than he was for the outgoing Vectra.

On a separate note it looks as though a stake in Opel is about to get bought out by an investment group, and I agree if a mainstream manufacturer goes because of the business climate it is very likely to be Vauxhall. As GM's financial underpinnings are not as secure as Ford's

But back to the OP, Just because the car has a £25k sticker on it does not mean you have to pay £25k for the car. Now is the time for negotiating and getting a great deal, a salesman wont let you walk if he thinks you are serious.

 

[wemorgan]

With large cuts in production shifts, OEMs are able to quickly slow down supply. But their business models are still looking shaky, as the capital costs to buy the tools & equipment would most likely have been based on simply selling more cars than they are now.

 

[crockers]

I don't think it will be Vauxhall but who knows so hard to predict who will prop up whom.

Easy to say who should go bust: Saab, Jaguar, Aston Martin, Volvo, possibly LandRover, --all the firms that lose money year in year out and just keep the continued excess capacity going.

But govts will interfere......

And if they don't, there is nearly always some rich outfit where optimism rules and they think they can pull round these historic makes.

I thoought Volvo was the one profitable part of the Ford operation....but I stand to be corrected.

 

[James Rothwell]

GM is pretty likely to be broken down and sold off.

 

[NewMB]

... Saab

But govts will interfere......

Not the case with Saab. The Swedish government said no to buy.... pity of the car side of Saab will go down. Really great cars but soooo old design!

 

[flango]

I thoought Volvo was the one profitable part of the Ford operation....but I stand to be corrected.

Nope Volvo is a loss maker too and about to be sold of to Geely a Chinese company. Ford have been trying to offload it for over 2 years. Thats why I got my new one so cheap

 

[crockers]

Nope Volvo is a loss maker too and about to be sold of to Geely a Chinese company. Ford have been trying to offload it for over 2 years. Thats why I got my new one so cheap

I went into my local Volvo/Mazda dealer today to look at the XC60....looked as though they were either preparing for a refurbishment or couldnt afford any cars to put in the showroom...so perhaps Volvo is going the way of Saab too... hope not