Leaderboard

Your spot on with the disruption to investors bank balances!!! Used car prices are an interesting one though, I can’t help but think that if the recession and fall in consumer demand continues to hit sales of new electric cars, just as it would appear that supply of these electric cars starts to increase. Then there will be massive pressure from the manufacturers and main dealers for another government scrappage scheme. Tesla has already dropped prices and I’m sure others will be following, manufacturers would much rather hide their discounts in a scrappage type deal than straight off list prices to help protect their residual values for those all important lower monthly payments and the government could save (environment) face with an increase in uptake of electric cars and polluting older cars taken off the road. In which case rather than fall used prices might actually stay very strong as once again really nice good quality low mileage older cars are removed from the road again.