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Old 24-06-2020, 02:24 PM   #24
FTE217
T3/Sprint8
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Join Date: Jan 2005
Location: Australia
Posts: 16,865
Default Re: May 2020 car sales in Australia down 35%

Quote:
Originally Posted by Polyal View Post
In uncertain times you hold your cards and wait to see how it plays out.

Anyone buying a used car in the next couple of months is mad, there should be blood in the market place soon and people will be forced to reduce prices.
Really, it just wouldn't matter if you had to buy now you do - especially through May/June as mentioned above due to EOFY and tax rebates.

As you know I bought a low k euro last weekend, great covid deal and EOY, your not mad to wait, waiting at times you miss out or it may not even pan out as you quote.
You just do it when you can.
Tell you another thing due to covid, as we've seen Banks are making it much harder to borrow/loans etcetc, I'm re financing one of our buildings and the amount of paperwork required is like double, and luckily we have been a good payer and profitable business for years so our record is top and its still a bigger PIA.
Good luck to those not with good records wishing to lease a new bargain car in the future.
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