more cars sold this year than 2009 ?

shane_rafferty

ok well i haven't got a chance to post this yet
busy :Z
well on the radio a few days a go they said more cars where sold this year compared to the same time frame in 2009 ?
i don't understand how when its going to take something like 90 years to pay off the IMF and the banks are not giving out loans how so many cars have been bought?
something like 500 a day? (maybe wrong)
thanks
shane

dotsman

shane_rafferty wrote: »

ok well i haven't got a chance to post this yet
busy :Z
well on the radio a few days a go they said more cars where sold this year compared to the same time frame in 2009 ?
i don't understand how when its going to take something like 90 years to pay off the IMF and the banks are not giving out loans how so many cars have been bought?
something like 500 a day? (maybe wrong)
thanks
shane

Lot of possible reasons. Off the top of my head...

• Not everybody is broke. The one thing about 14% unemployment is that it means 86% of people are in employment. Some will obviously be just getting by, but not all 86%!
• People stopped buying cars back in 2007 when the crisis started. That's four years ago. By now, it may not be case of "wanting" a new car, more a case of "needing" a new car.
• Banks are giving out loans. Not to the same extent as 2006. But they are still lending.
• Not familiar with report - does it say the value of the cars (ie more cars sold, but at the cheaper end of the market).
• Perhaps car dealers have reduced prices compared to last year in a bid to entice customers.
• The recession is over. A lot of people wanted it to continue, but it did actually end.

shane_rafferty

dotsman wrote: »

Lot of possible reasons. Off the top of my head...

• Not everybody is broke. The one thing about 14% unemployment is that it means 86% of people are in employment. Some will obviously be just getting by, but not all 86%!
• People stopped buying cars back in 2007 when the crisis started. That's four years ago. By now, it may not be case of "wanting" a new car, more a case of "needing" a new car.
• Banks are giving out loans. Not to the same extent as 2006. But they are still lending.
• Not familiar with report - does it say the value of the cars (ie more cars sold, but at the cheaper end of the market).
• Perhaps car dealers have reduced prices compared to last year in a bid to entice customers.
• The recession is over. A lot of people wanted it to continue, but it did actually end.

it just said more
thanks for clearing that up

Saila

dotsman wrote: »

Lot of possible reasons. Off the top of my head...

• Not everybody is broke. The one thing about 14% unemployment is that it means 86% of people are in employment. Some will obviously be just getting by, but not all 86%!
• People stopped buying cars back in 2007 when the crisis started. That's four years ago. By now, it may not be case of "wanting" a new car, more a case of "needing" a new car.
• Banks are giving out loans. Not to the same extent as 2006. But they are still lending.
• Not familiar with report - does it say the value of the cars (ie more cars sold, but at the cheaper end of the market).
• Perhaps car dealers have reduced prices compared to last year in a bid to entice customers.
• The recession is over. A lot of people wanted it to continue, but it did actually end.

/thread

fyp. threadkiller.

Kojak

Maybe with some of the scrappage deals coming to an end this year, people are wanting to avail of those deals before they expire?

goose2005

FF invented a nonsensical "scrappage scheme" to help out their car dealer cronies.

Daegerty

In a few years when things get really bad the only 'new' car we`ll get is a knackered English one brought over on the ferry that needs to be nursed back to health before it will even start

There'll be one working car with a VW TDI engine going on the journey to Ireland with a long rope towing about 20 others behind it