John Moore

Chins/Jonathan
I agree with your comments my reply to you would be:-
1: The car dealer will certainly not make a loss on the car and the next owner will make a loss of 3-4k + the dealers mark up whatever that might be.
2: I thought when buying the STI UK Prodrive that it was a limited edition of 1000 cars which would hold its price at least for a couple of years then Subaru/IM bring out another modification in less than 12months reduce the price and Knock us poor suckers residual values down into the ground.
3 What is going to happen to those people that have bought their cars on finance with a balloon at the end of the finance agreement the cars value at the end of the term is not going to be as much as the baloon so the car goes back to the finance company, more cars on the market to sell, glut, price goes down, residual values drop one big long spiral.
4 My only hope is when the spiral ends in 2 years time that I will be able to buy my old car back for a pittence as a fun car not a car for work.
John

John Moore

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John Moore

thanks robbroy

[Edited by John Moore - 7/12/2003 2:42:17 PM]