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Thread: Is it my imagination .....

  1. #1
    Gold Member daveob's Avatar
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    Is it my imagination .....

    Is it my imagination, or is there a sudden flood of high priced vehicles ( BMWs, Merc and 4x4's ) on the used car showroom floors lately ?

    Just noticed it on the way back from the shop this afternoon and passed 4 dealers - all look overstocked with bling.

    Maybe it's a sign of the credit crunch ?
    Watching the ships passing by.

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    Site Caretaker Dave A's Avatar
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    Definitely!

    I noticed it when we were replacing some of our Corsa utilities. The car dealers were saying it was coming from the auctions (repos) and people coming in to sell because their debt burden was too high.

    And it definitely seemed to be mostly upper end stuff.

    The showroom floor prices didn't reflect the glut, though
    I was hoping to find a bargain
    The trouble with opportunity is it normally comes dressed up as work.

  3. #3
    Gold Member garthu's Avatar
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    Absolutely credit and fuel (well was). One of our attorneys decided rushing around in there X5 wasnt so beneficial anymore.... The challenge really got worse when no wanted to trade it in! Overstocked with upper market ... stil got an X5!
    Garth

    Electric fence Installation : www.midrand-electronics.co.za
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