Posts Tagged ‘recession’

19 April

The Cost Of Fuel Is Too High

The world has only just come out of a recession and already fuel prices have started to go up and drastically at that and for what reasons, the recession is over, surely the prices should actually start to be falling now rather than doing the opposite?.

 

Most people know that oil is of course running out which means that the prices are going to increase but to this extent I do not think is fair, companies should spend more time in looking at other means to make fuel. Because of this fact it would seem that not only the consumers are panicking but many of the oil companies are too and are putting up the prices to try and sway people from actually buying the fuel. We have also seen a bit of a fall in car accessories because of this too.

 

The oil companies are getting more and more greedy with age and they of course know what is going on and they know they have full control on what they are doing which means that they can do whatever they want with the prices which again is very unfair.

 

oil companies also use natural disasters to their advantage as whenever a Hurricane hits the US you will always see the prices start to trickle up again. The most likely reason for this is the recession and now that the world is slowly moving out of it we could start to see a bit of a change in the wind.

 

The best way to avoid these massive increases is to actually get your car in full working order to save fuel wastage and make sure you have things like Gap insurance and bad credit car loans to protect you from paying out further.

So there you have it really, is this down to the fuel companies to put the prices down, will we ever see a decrease in prices?

 

11 March

Just Because There Was A Recession It Does Not Mean You Cannot Get A New Car

When it comes to doing something like buying a brand new car the recession has not helped when it comes to the confidence in people doing this. Getting a new car is certainly a big thing and a lot of thought process will have to go into this, at it stands at the moment prices are going up every single year despite the companies getting worse off, do they ever learn.

Currently the government has a car scrappage scheme that is going on but this ends at the end of the month so I would expect the prices to rocket in the near future, you will be ripped off very soon.

The recession has also put many people into serious debt meaning that the only way they are going to be able to get a hold of a new car is through things like bad credit car leasing and bad credit car finance and this usually tends to be a lot more expensive than if for example you were not in debt which sometimes isn’t fair.

Of course car leasing could be the solution to all of your problems and with a little help from something like gap insurance you could really look to save a lot of money. Showrooms are never really that great, you always get people trying to sell you the most expensive thing for that extra commission for them, look to the web to get your next car, it will help a lot.

Why are you looking down, the recession is over and things are getting back to normal, remember this when it comes to buying things. April is going to see some major price increases so make sure that you look into this and possibly take advantage of the last few weeks of the car scrappage scheme.

8 March

Price Stops Car Buying

A survey has recently come out that states that around half the people they asked would not be getting a new car this year simply because of how quickly the costs of a new car is rising. So what are the costs coming into play this year and is it really too much to stop someone from purchasing a car?

Emission Tax

Soon to come into play is the emission tax which actually adds up nearly £1,000 extra onto your car if you are after one of the models that guzzles up more fuel than a cross between a Jumbo Jet and a Mission to Mars. Safety should be in cars like the Audi Q5 and Audi TT Coupe. This actually to me almost seems like a fair tax and although the government are pretending to do it for the right reasons, we know it is simply down to the fact they are wanting more money as they are all in debt from the recession.

Even in the recession last year there were many companies that put up their price. Renault, SEAT as well as Vauxhall are three of the bigger companies that put their prices up on more than one occassion last year, Ford on the other hand put their prices up a massive four times meaning their Fiesta went up by £2,500. Why are companies wondering why people are not buying from them, it is so obvious?

On the plus side you can still get a new Audi for a reasonably good price so take into consideration that some manufacturers are a lot better than others. Make sure that you also take a good look on the internet because there are many sites out there that offer prices a lot cheaper than showrooms.

So don’t scrap the idea of getting a new car altogether, just look around!

16 February

Early 2010 Looks Good For Cars

The sales of cars has risen by a lot in January but is this because people are feeling the end of the recession or is something else at work?

The Reasons

Sales have risen by a lot, a massive 29.8% from 2009 which is brilliant but lets not forget how much of a state the world was in last year. Many people were so worried on what the recession was going to do to them that were just not going to risk spending money on a new car.

The car scrappage scheme has actually been extended even further to March and this is one of the big reasons people are spending money on cars. Basically this will allow motorists £2,000 to trade in an old care for a new one and the figures are that one in five car sales this January were made by this means.

Once the Christmas bills have been paid it is time to look at how much money is left over at the beginning of the year and some of this could go to a really nice car, after all if you have the money you would do it.

The Future?

Well it would certainly seem that overall the motor industry is set for another bad year. 1.82 million cars are expected to be sold this year which although sounding brilliant is actually a fall of nearly 10% since last year. The last time that the sales of cars got this low was 1995.

Although officially the recession is over, people are still going to be feeling the effects of it for a long time. The fact is that many people are spending their money on their homes now trying to fix them up because they haven't had the money in a long while.

Even bad credit car loans are going to be expensive. The best thing to do it look out for cheap car leasing and cheap van leasing.