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| The Pub For General Automotive Related Talk |
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12-06-2013, 09:47 AM
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Regular Member
Join Date: Aug 2010
Location: Adelaide and Mindanao, Philippines
Posts: 166
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G'day ladies and gentlemen and Holden drivers.
I was driving down South Road in Adelaide this week and I could not help but notice the incredible amount of used empty display yards up for lease from once long standing used car dealers. It got me thinking - why? Do we no longer buy used cars? Likewise, automotive repair garages have closed down everywhere as well. Do our cars no longer break down? Gumtree adds seem to have the same cars being advertised for high prices. Do we have too many cars that people would rather hold than sell? It's just a pub topic of conversation but I am interested in listening to other peoples views on this. On the face of it, it seems we maybe in a Used Car Glut Bubble described as a market where nothing moves but prices are still high.
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Just Learning about Cars! Own a 1990 Fairmont and a 1991 Ford Corsair |
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Used Car Yards, Garages closed down everywhere in Adelaide
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