Who would want to be in the new car business? Certainly not actual car buyers, who are either doing nothing at all or buying used. The most recent stats I’m looking at show that new car registrations have declined by 6.7% year on year and 10,348 fewer cars were registered last month than in October 2018. With that in mind, let’s present a proper business case for making a trip to the previously enjoyed forecourt and use the best-sellers as inspiration.
Ford’s Fiesta remains one of the constants at the top of the new car hit parade whether you are looking at the year-to-date or monthly sales figures. Why do you buy a Fiesta? Because it is small, reliable and very good value. Easy to fix and all that. So a 1.25 Zetec is economical and just about perfect. Old ones are easy to buy, but I would target a 2010 example, with the pre-‘Aston Martin’ upper grille, which can be bought for £2500 privately. For fun, the same money will buy a 2006 Fiesta ST with refurbished alloy wheels that really do pop out as something quite special.
The Volkswagen Golf remains the go-to family hatchback. Even at the end of its life, everyone still wants one and quite right, too. They’re great and there are so many to choose from. My eye was taken by a 2009 1.6 TDI S. It has a very contemporary front end, will do around 60mpg overall and in S spec has climate control. Its 102,000 mileage is backed up by a complete service history, too. How much? Yours for £2350 and here’s why: ULEZ (Ultra Low Emission Zone). Presumably, there are going to be a lot more distress sales like this.
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Old But not yet Dead
Poor new sales.
No doubt Brexit will be blamed, but maybe not the whole story. So many people I know are tied to PCP or Lease deals taken out over recent years that have lost almost all flexibility in their car dealings. As these deals end maybe we will see new sales rise as they are replaced and a glut of decent used cars on the market.
FM8
Old But not yet Dead wrote:
That makes no sense. Lease/PCP deals a continually starting/ending
SamVimes1972
A Nissan Squashy,
A Nissan Squashy, particularly with the dreaded 1.5 Renault lump should only be bought at that kind of mileage as long as you like handing over lots of money to garages.
As to Brexit (I'm discussing the journey not the outcome) it's a big factor as new cars sales have been driven by the company car market for a long time.
xxxx
Porsche service
What's the point of a running article on life with a Porsche without the costs involved.
Bimfan
It's a good thing.
All those millions of very usable cars laying around in used car lots are a waste of the planets resources used to create them.
So, don't buy new, go and get a nearly new or older model which is probably just as good and usually less than half new price.
If you do buy new now, you need to be looking at hybrid or electric cars, since in just a few years time all petrol/diesel cars likely to be villified.
scotty5
Nearly Knackered
Here we go again. The headline is '...not on the nearly new forecourt' and goes on to talk about a 2006 Ford Fiesta, a 2009 Golf with 102,000 miles on the clock and a 2014 Merc with 107,000 miles on the clock.
Shouldn't the headline be nearly knackered than nearly new?
artill
scotty5 wrote:
Agreed. Autocar have a very funny idea of what a 'nearly new' car is
Zeddy
scotty5 wrote:
That Golf will be covered in a few small dents as most people wouldn't touch it with a bargepole.
You'd need to be heroic (or a mechanic with time on your hands) to buy that mileage.
Neo32
A question of fairness
The disconnect between price and value of new cars became too wide. Therefore I switched to 1 year old cars and ended up with more car for less money.
autoindustryinsider
Yes Brexit is a massive factor.
Yes Brexit is a massive factor. How many false starts has it had? People are worried about the economy, even before we leave the EU. Ruppert was a used car dealer, and since then has only been a journalist, mainly writing about used cars. This does not make him the oracle on economics. And it's no surprise that he voted for this sh1t.
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