Just had a letter from Ford asking if we would consider either:
1. Selling your car back to us? Or...
2. Part exchanging for a newer model
It ends with " never again will we be able to offer you such a good price for your car"
Strange times...
Edited by Pugugly on 07/03/2009 at 08:57
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From Ford or do you mean a dealer?I had this in the past.I was offered a new Escort in place of the one I'd owned for nine months.Got cash in hand,new car and lower repayments-I paused long enough to ask what colours and picked the new one up next day.Susequently,I wished I hadn't changed-my TDX was replced with a gutless 1.6,car was OK just no performance but that was the only engine available on this offer.
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Spoke to a delivery driver at the Ford place I'm dealing with.
"Hardly anything in our main compound," he said. "What's there is nearly all sold, we just can't get the cars."
As I've remarked before, the dealership is clearly busy, there's always people coming and going on when I go there, deals being haggled over, cars being handed over,
So it's not all doom and gloom.
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So it's not all doom and gloom.
Sure, people are always buying cars, wether we are in recession or not. Good dealers will do well and bad ones will cease to exist - some dealers deserve to go bust, so yes I agree not all doom and gloom.
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"Hardly anything in our main compound " he said. "What's there is nearly all sold we just can't get the cars."
This would seem to be the case, I am looking for a 2008 08 Focus Style for my wife for sensible money, and this model seems to go up a couple of hundred quid a week !! The car supermarkets are charging nearly £9K for these now when they were £8200 ish a couple of months ago.
It looks as though the motor trade are succesful in limiting supply so as not to dillute prices' - what credit crunch !
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2nd hand cars (good ones) are actually more in demand than they have been for a long while; probably because more people are not buying new ones and thereby limiting availabilty on to the market.
Actual sales are still hard to complete for various reasons, including finance, but a good trader (dealer or independant) that has got good examples and can afford to be patient, knows they will sell for the price asked (or near to).
Better to make more off less cars than vice versa right now!
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