PRICE DROP CAP / GLASS / WHOLESALE

[Walsall 0]

Afternoon all hope all is well and enjoying the long weekend.

I've generally been keeping eye on Cap prices which have dropped by 250/400 depending on  vehicle, is this likely to stay were is or would things go back up?

Either way we all have to go with the time!

 

Thanks

[justina3 518]

I tend to follow auction prices more than cap and they havent move a penny, anything half tidy still brings into book. 

 

[Lakeside 94]

https://youtube.com/watch?v=m1xiM2F1kH8&feature=share

Edited May 4, 2022 by Lakeside

[It's me 615]

1 hour ago, Lakeside said:

https://youtube.com/watch?v=m1xiM2F1kH8&feature=share

I think we should have tams opinion

 

[Halfpenny 114]

Recent pricing levels are not sustainable, its as simple as that. People have only got so much money to spend, its not rocket science. Looking at my own bills and already starting to feel the squeeze. Its going to be all about the timing, don't get stuck with a load of ugly stock.

[Casper 272]

7 hours ago, It's me said:

I think we should have tams opinion

 

 Me too lol

[Lakeside 94]

2 hours ago, Halfpenny said:

Recent pricing levels are not sustainable, its as simple as that. People have only got so much money to spend, its not rocket science. Looking at my own bills and already starting to feel the squeeze. Its going to be all about the timing, don't get stuck with a load of ugly stock.

Totally agree, it’s a bit like playing the stock market at the min. 
 

Over the last couple of years a mixture of lack of used stock on the market, joe public in a lot of cases having more spendable income due to no holidays or socialising etc and companies like BCA artificially inflating cap prices have all kept the prices high.

There comes a point where this will come to an end. The worlds opened back up, new vehicles are getting back up to speed and now a lot of people have been pushed closer to the breadline because of rising fuel costs etc.

You only need to watch BCA over the last couple of weeks. I’ve snatched a few way under cap and even the stuff that they still seam to be trying to get high prices for just keeps getting re-listed over and over again.