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Evolving
I currently have a Volvo S40 2-litre Sport with 72,00 miles. I am considering buying a new Volvo S40 and have been quoted prices by Volvo dealers meeting Drivethedeal terms. I would welcome your opinion if this is a good time to buy in view of the recession or do you think prices will fall further in 2009? I fully appreciate you can only give a view based on your knowledge of the business which obviously may not turn out to be accurate.
Asked on 7 February 2009 by
Answered by
Honest John
Very good time. The only way car prices can go is up, otherwise car makers will not be able to afford to make them. Bear in mind over the last year Sterling has dropped around 40% against the Euro, so I would not be surprised to see new car prices rise by 20% this year, along with everything else.
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