Ceramicolive
Member
I had been looking for a fun car to add to the stable but with recent events I've had a rethink, maybe buying a car now it isn't the best move with the mother and father of recessions around the corner, If this recession is going to be as bad as the economists predict there will likely be some very good deals on cars to be had in the coming 6 months or so for cash buyers as the market inevitably slows down. You could bag a great car for significantly less if you keep your powder dry for the time being.
As a quantifier the financial times ran an article which stated during the 2008 crash GDP was down to - 8% and their study showed that it was predicted by leading economists that this crash could fall as low as -35%. Scary.
Scaremongering? Who knows but it's certainly food for thought I would say. Any thoughts?
As a quantifier the financial times ran an article which stated during the 2008 crash GDP was down to - 8% and their study showed that it was predicted by leading economists that this crash could fall as low as -35%. Scary.
Scaremongering? Who knows but it's certainly food for thought I would say. Any thoughts?