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Car FTB - No VAT to stimulate the 2nd hand car market

03-02-2009 12:52pm

#1

hedgeh0g

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Just an idea.

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#2 03-02-2009 12:53pm

Anan1

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What's FTB? And why do we need to spend money stimulating the used car market?

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#3 03-02-2009 12:58pm

20goto10

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Let them all go bust. Problem solved.

p.s I'm not trolling, I'm being serious.

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#4 03-02-2009 1:01pm

CyberGhost

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No VAT and TAX would stimulate the car market.

Eh.... throw in a free insurance there aswell.

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#5 03-02-2009 1:04pm

Drummerboy08

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CyberGhost wrote: »

No VAT and TAX would stimulate the car market.

Eh.... throw in a free insurance there aswell.

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#6 03-02-2009 1:05pm

Drummerboy08

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20goto10 wrote: »

Let them all go bust. Problem solved.

p.s I'm not trolling, I'm being serious.

How would that work?

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#7 03-02-2009 1:06pm

-Chris-

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A drop in pricing of that magnitude would cause a similar drop in pricing of any trade-ins (and potential negative equity for the customer) and would therefore make little difference imho.

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#8 03-02-2009 1:14pm

ninty9er

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AudiChris wrote: »

A drop in pricing of that magnitude would cause a similar drop in pricing of any trade-ins (and potential negative equity for the customer) and would therefore make little difference imho.

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#9 03-02-2009 1:26pm

Cookie_Monster

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ninty9er wrote: »

Trade in is suddenly worth 21% less than it was yesterday

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#10 03-02-2009 1:29pm

EPM

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If they are not already in negative equity at the moment that is...

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#11 03-02-2009 1:32pm

Drummerboy08

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AudiChris wrote: »

A drop in pricing of that magnitude would cause a similar drop in pricing of any trade-ins (and potential negative equity for the customer) and would therefore make little difference imho.

It would end up causing negative equity, but any customer who thinks he will make money on his vehicle at the end of its life is a dreamer.

As far as im concerned, the minute you drive your new car out the showroom door, it becomes negative equity.

But i do understand, and see where your coming from AudiChris.

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#12 03-02-2009 1:34pm

OldmanMondeo

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20goto10 wrote: »

Let them all go bust. Problem solved.

p.s I'm not trolling, I'm being serious.

I don't work in the Motor sales, but from what you have said here, I really hope you lose your job.

Not nice is it.

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#13 03-02-2009 1:34pm

L-M

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The same arguementdiscussion is taking place over here lads.
http://boards.ie/vbulletin/showthread.php?p=58875351#post58875351

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#14 03-02-2009 1:42pm

20goto10

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OldmanMondeo wrote: »

I don't work in the Motor sales, but from what you have said here, I really hope you lose your job.

Not nice is it.

LOL. Let me elaborate. There are plenty of people buying cars. Enough to keep an industry going even during a recession. The problem is most of them are being bought in the UK. So, simply put, as with any other company on the planet at the moment, you drop your price to be competitive or you suffer the consequences. Some seem to think they can just carry on willy nilly and then get some kind of government stimulus package. Oh how we'd all like that.

So I make no apologies. Those who refuse to be competitive should be left to perish. And that, as far as I am aware, is all of them. There's plenty of would be entrepreneurs out there to take their place and do things properly.

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#15 03-02-2009 1:46pm

Darsad

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20goto10 wrote: »

Let them all go bust. Problem solved.

p.s I'm not trolling, I'm being serious.

Yet another myopic idiot

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#16 03-02-2009 1:49pm

Drummerboy08

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20goto10 wrote: »

LOL. Let me elaborate. There are plenty of people buying cars. Enough to keep an industry going even during a recession. The problem is most of them are being bought in the UK. So, simply put, as with any other company on the planet at the moment, you drop your price to be competitive or you suffer the consequences. Some seem to think they can just carry on willy nilly and then get some kind of government stimulus package. Oh how we'd all like that.

So I make no apologies. Those who refuse to be competitive should be left to perish. And that, as far as I am aware, is all of them. There's plenty of would be entrepreneurs out there to take their place and do things properly.

Thats why Peugeot, Ford, Nissan, Jaguar, Toyota, Saab, Land Rover, have cut the prices of certain models by thousands of euro?
Thats why dealers have blown out stock at a loss to clear their bad debts and allow for a more competitive market?

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#17 03-02-2009 2:00pm

unkel

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Chauffe, Marcel, chauffe!

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Limerick man wrote: »

The same arguementdiscussion is taking place over here lads.
http://boards.ie/vbulletin/showthread.php?p=58875351#post58875351

Indeed - and play nice, folks, you know who you are...

Lotus Elan turbo for sale:
https://www.donedeal.ie/vintagecars-for-sale/lotus-elan-turbo/38336785
My ads on adverts.ie:
https://www.adverts.ie/member/5856/ads

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