V8Druid
do it as well as you can,but learn to do it better
you an' me both .... knowing this bloke it'd have been a pretty fancy option pack ... dearest I see on their website is £111k
J
Jimoz
Well-known member
Like druid said elsewhere you've got to blame over a decade of cheap money. Property is the same
Lancs Lad
Well-known member
Never coming down either imo...can't get over that I thought 40k was Nuts on a car now you can't even get a new ranger for that
V8Druid
do it as well as you can,but learn to do it better
I tend to agree ... the manufacturers have gotten used their hugely inflated prices and maintaining them at these levels, by creating long lead times on their products ... dare say, if truth were told, they could 'fill the void' in weeksNever coming down either imo...can't get over that I thought 40k was Nuts on a car now you can't even get a new ranger for that
I can not believe the amount I have just had to part with for my Sportage ... 5 years ago I'd have said you were completely off your trolley, if you'd said what vehicles were going to cost in 2023
S
Smiffy
Well-known member
As posted on other threads noone thinks it's worth that and noone is paying that. All anyone looks at is the monthly payment. And when you consider it's broken down into 500 easy monthly payments then it doesn't look to bad.
If you can actually manage to buy something not necessarily new but ex demo kind of age it actually isn't to bad price wise as the depreciation from 1 year old to 5 years old on cars now seems to be miniscule. When I was looking for my wife's car we started from nothing as we scrapped her old car. Looked at every option and the cheapest I could come up with for a halfway decent motor was a 3yr old Sportage as it still had 4years warranty so hopefully few expenses and if sold after 4 years hoping on no more than a grand a year depreciation. Considering a banger with an MOT is a grand now and scrap after a year then it doesn't look to bad.
craig
Well-known member
S
Smiffy
Well-known member
Will a new Defender still be going in 41 odd years?
Can you still get fuel then...
AHH you see that's the trick because you hand it back after 4 years. And somehow most the country think they are the ones winning out of the deal
V8Druid
do it as well as you can,but learn to do it better
exactly what i've said elsewhere .... such a small percentage of cars are actually owned .. they're all effectively rented, 'cos virtually no one on the PCP 'scam' can ever actually afford the final payment of circa 50% of the initial purchase price, so simply ditch it in and go again on a.n.other PCP rental
was my reasoning exactly Smiffy .... they just don't seem to drop much at all and another reason I went for the new model ... plenty of the previous about, but all holding their price -- 6-7 month wait on a new one (not as I've ever bought a new car) and what I went for is as good as new, 2k on the clock, 5 months old demonstrator, which saved somewhere between £5 -7k on new price/what it originally cost and PCP-ing it'd have put another £7+k on it and still have to find £14.9+k after 35 months, if you wanted to keep it - no brainer really .. had to be had/done
6
6feetdown
Well-known member
You'll own nothing and be happy
Lancs Lad
Well-known member
Billionaire Issa brothers agree $1.5bn 'sale and leaseback' deal for EG Group
EG Group said it will use the net proceeds to help repay debt
You don't need to own anything
got a nasty feeling this could go badly wrong ....
V8Druid
do it as well as you can,but learn to do it better
hope the buyers have got them well and truly tied in for a good ten years ...Billionaire Issa brothers agree $1.5bn 'sale and leaseback' deal for EG Group
EG Group said it will use the net proceeds to help repay debtwww.manchestereveningnews.co.uk
You don't need to own anything
TiltyShaun
Well-known member
I would guess it is more than 10years. Depending on the original value of the assets it can be an effective way for these large Corps to free up cash. The interest they pay to the debt finance Co would be eye watering!!hope the buyers have got them well and truly tied in for a good ten years ...
Giles
Well-known member
They are worth $4bn but owe $9bn how does that work?
TiltyShaun
Well-known member
The value of there assets are seen as $13bn less 9bn = $4bn
It looks good until the servicing costs on the 9bn cost more than you make on the 13bn. So sale and leaseback of assets that you need…..(see above) can be good to get you out of a hole……until interest rates drop!!!
V8Druid
do it as well as you can,but learn to do it better
EV: Wales' electric vehicle charging strategy embarrassing
What a load of bollaux
EV: Wales' electric vehicle charging strategy embarrassing - report
Out of 37,000 public charging devices across the UK, only 2,400 are in Wales, committee hears.
www.bbc.co.uk
6
6feetdown
Well-known member
Feck emEV: Wales' electric vehicle charging strategy embarrassing
What a load of bollaux
6.4% of all chargers in UK, but Wales only has 3.5% of general population of the UK... reckon it's well serviced personally ...... and how many of them drive electric cars anywayEV: Wales' electric vehicle charging strategy embarrassing - report
Out of 37,000 public charging devices across the UK, only 2,400 are in Wales, committee hears.
Grahams
Don't complain - suggest what's better
I’ve never charged on a public charger and don’t intend to. If I have to go that far I’ll use diesel.EV: Wales' electric vehicle charging strategy embarrassing
What a load of bollaux
6.4% of all chargers in UK, but Wales only has 3.5% of general population of the UK... reckon it's well serviced personally ...... and how many of them drive electric cars anywayEV: Wales' electric vehicle charging strategy embarrassing - report
Out of 37,000 public charging devices across the UK, only 2,400 are in Wales, committee hears.
sfrs4
Well-known member
My old man has bought a his second brand new Skoda Karoq, the only reason he bough it, " the first company to offer 0% gets my business" they had one before and liked it, took it in for a service and the sales bod came over to say hi and try the old sales pitch and my old man said exactly that to him, sales bod disappeared came back and said if you want a new one in march we can do that, that was last November, they picked it up march 1st.
V8Druid
do it as well as you can,but learn to do it better
“All-electric plant isn’t yet a realistic option for our bigger sites, or for heavy plant,” Balfour Beatty group sustainability director Jo Gilroy says. “Just as the range on electric cars isn’t there yet, so the length of time plant can operate flat-out is an issue for the construction sector. ........It’s very difficult to make electrification work for big pieces, especially without a mains grid connection – and we need to ensure that there is capacity in the network. The range when they are not plugged in is limited. These larger pieces of electric equipment can also be twice the price of standard plant, and customers are often not prepared to pay the increased hire charges for them. Our view is that, for heavy plant, the priority for the industry has to be to accelerate the energy transition to hydrogen rather than relying on electric to provide the solution. ....... Now she ( Jo Gilroy ) is seeking to shatter the hype that surrounds battery power. ”
www.theconstructionindex.co.uk
HM Gov. gonna love that
Balfour Beatty swings behind hydrogen for heavy plant
After trialling an array of battery-powered construction machinery on a site in Scotland, Balfour Beatty has concluded that hydrogen is a better fuel for heavy plant.
www.theconstructionindex.co.uk
HM Gov. gonna love that
TiltyShaun
Well-known member
JCB are spending a fortune on R&D and making great inroads into hydrogen in internal combustion engines.“All-electric plant isn’t yet a realistic option for our bigger sites, or for heavy plant,” Balfour Beatty group sustainability director Jo Gilroy says. “Just as the range on electric cars isn’t there yet, so the length of time plant can operate flat-out is an issue for the construction sector. ........It’s very difficult to make electrification work for big pieces, especially without a mains grid connection – and we need to ensure that there is capacity in the network. The range when they are not plugged in is limited. These larger pieces of electric equipment can also be twice the price of standard plant, and customers are often not prepared to pay the increased hire charges for them. Our view is that, for heavy plant, the priority for the industry has to be to accelerate the energy transition to hydrogen rather than relying on electric to provide the solution. ....... Now she ( Jo Gilroy ) is seeking to shatter the hype that surrounds battery power. ”
Balfour Beatty swings behind hydrogen for heavy plant
After trialling an array of battery-powered construction machinery on a site in Scotland, Balfour Beatty has concluded that hydrogen is a better fuel for heavy plant.
HM Gov. gonna love that
Ohhhh…….haven’t the EU just kicked all electric new cars by 2035 down the road with there rules this week!!
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