The SA Vehicle Industry Thread

SA’s best-selling vehicle in the first half of 2017 is…

The first half of 2017 has come and gone. So, what was South Africa’s best-selling vehicle of the first six months of the year?

Well, the Ford Ranger tops the charts, with June’s haul of 3 333 units (out of the automaker’s 5 371-unit grand total for the month) boosting its half-year total to 17 014 units.

The Toyota Hilux is a mere 187 units behind on 16 827, while the Volkswagen Polo Vivo sits in third place with 14 464 units registered. The regular Volkswagen Polo is in fourth on 12 047, while the Toyota Corolla/Auris/Quest (the brand reports an overall figure rather than individual model sales) rounds out the top five with 9 610 units.

Interestingly, Ford says its locally built bakkie also leads export volumes in the light commercial sector, with 25 399 units shipped over the first six months of 2017.

“It is fantastic to end of the first half of 2017 with the Ford Ranger at the top of local sales, and entrenching its position as one of South Africa’s top exports,” said Neale Hill, director of marketing, sales and service for Ford Motor Company Sub-Saharan Africa Region.

“The investment Ford has made in the local assembly operations to deliver a world-class vehicle has clearly paid off, and the additional capacity afforded by the R125-million upgrade to the vehicle conveyor system at the Silverton assembly plant will help us meet this continued strong customer demand, both locally and internationally,” he added.

SA’s 5 best-selling vehicles in the first half of 2017:

1. Ford Ranger – 17 014
2. Toyota Hilux – 16 827
3. Volkswagen Polo Vivo – 14 464
4. Volkswagen Polo – 12 047
5. Toyota Auris/Corolla/Quest – 9 610

http://www.carmag.co.za/news_post/and-the-best-selling-vehicle-in-sa-for-2017-so-far-is/
 
Best-selling sports cars in SA: Can anyone catch Ford's Mustang?

The Ford Mustang has maintained its status as South Africa’s top selling sports car during June 2017, with 86 units sold.

Ford’s pony car sold nearly double the units of second place rival Porsche 911 (47 units). Another Porsche, the 718 Cayman/Boxster, sold the third most units - 16 models locally.

The middle order

Along with the three front runners, the Jaguar F-Type was the only other sports car in SA to register double digit figures with 12 models sold.

Ferrari has three of its models in the top 9 list though the newest edition to the range, the GTC4Lusso, has not yet been added.

Audi and Nissan are the two other manufacturers that have made the top 10 list the list with their respective sports cars: the R8 and GT-R.

http://www.wheels24.co.za/News/SA_v...in-sa-can-anyone-catch-fords-mustang-20170705

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UK car sales continue to decline in June

Diesel sales slumped again in June, whereas petrol and alternatively fuelled vehicles rose compared to last year

UK car sales declined for the third consecutive month in June with 243,454 cars sold.

However, the drop in sales slowed compared to the previous two months, which the Society of Motor Manufacturers and Traders attributed to stabilisation “following a record first quarter the subsequent market turbulence cause by recent changes to Vehicle Excise Duty”.

Appetite for diesel continued to drop with a 14.7% drop on last June. It accounted for 42.5% of market share this year, compared to 47.5% in 2016. Petrol sales remained buoyant up by 2.5%, making up 49.3% of sales.

Alternatively fuelled vehicles achieved an all-time high market share of 4.4% for the second month, as more than 10,700 cars hit the road, a rise of 20% on June 2016.

Overall, compact cars proved most popular with buyers with superminis and small family cars making up almost 60% of the market. These and SUVs were the only two segments to register growth in June, up 6% and 11.3% respectively.

The Volkswagen Golf outsold the Ford Fiesta as the most popular car, with 8,808 units sold versus 8,601. However, the Fiesta still holds its long-reigning position as overall best seller, having sold 58,380 models year-to-date.

In order, the top 10 cars sold in June are: Volkswagen Golf, Ford Fiesta, Ford Focus, Vauxhall Astra, Mini hatchback, Vauxhall Corsa, Nissan Qashqai, Volkswagen Polo, BMW 3 Series and Mercedes C-Class.

Year-to-date, sales have fallen by -1.3% to 1,401,811 units, which the SMMT said puts the market on track to meet 2017 forecasts.

SMMT chief executive Mike Hawes commented: “As forecast, demand for new cars has started to cool following five consecutive years of solid growth but the numbers are still strong and the first half of the year is the second biggest on record. Provided consumer and business confidence holds, we expect demand to remain at a similarly high level over the coming months.

“It’s encouraging to see alternatively fuelled vehicles experiencing rapid growth but adoption is still at a relatively low level and more long term incentives are required if this new generation of vehicles is to be a more common sight on British roads.”

https://www.autocar.co.uk/car-news/industry/uk-car-sales-continue-decline-june
 
5 things you should know about the SA car industry

The South African motor industry is holding up surprisingly well in a tough economic environment that is being exacerbated by political turmoil, says economist Dr Azar Jammine, Director and chief economist at Econometrix.

Naamsa reported that 45 369 models were sold locally in June 2017, an increase of 418 units or 0.9% compared to 44 951 vehicles sold in June 2016. Export sales at 31 631 vehicles, registered a gain of 429 units, an improvement of 1.4% compared to the 31 202 vehicles exported in June 2016.

Here are five things you should know about the SA car industry.

1 SA auto industry - a bright spot in the economy

Jammine says that the decline in new vehicle sales in recent years affected retail sellers negatively but it would provide a boost for the after-sales market as buyers would keep their vehicles for longer. This means additional maintenance and servicing.

The economist said although the country was technically in a recession, with negative growth for two consecutive quarters, there were some bright points in the local economy with the motor industry being one of them. Encouragement also comes from a rise in the demand for electricity, a lower-than-expected inflation rate, vehicle price increases slowing, the price of fuel falling, a big improvement in the motor industry trade balance and a brighter outlook for the global economy.

2 Biggest vehicle market in Africa

He noted that South Africa remained the biggest vehicle market in Africa, accounting for 37% of new vehicle sales on the continent. North African countries Egypt, Morocco, Algeria, Tunisia, and Libya followed it. Interestingly, the island of Reunion, in seventh place, recorded more new vehicle sales (27 697) than eighth-placed Nigeria (20 000), which had been seen as Africa's powerhouse, but is now battling with a big downturn in its economy as the oil price stays comparatively low.

3 Unemployment - a major challenge for SA

Jammine said that unemployment remained a major challenge for economic growth in South Africa, while services continued growing faster than manufacturing, which provided proportionately more jobs.

He said: "Another inhibiting economic growth factor is the fact that education in South Africa has been found wanting, with very poor results in terms of learners matriculating with good marks for maths and science. Only one learner in 40 gets a matric with a maths mark of 60% or higher.

"Although the effect of the downgrade by the ratings agencies have not been unduly dramatic yet, they will obviously impact on future investment decisions as does the current political turmoil, which is affecting business confidence negatively."

4 New vehicles sales - Growth expected

The Econometrix Chief Economist said he expects new vehicle sales to move into "a growth phase" in 2018, while the vehicle manufacturing industry continued to grow its share within overall manufacturing and as a contributor to the gross domestic product (GDP).

5 Exports set to grow

He added that the local motor industry remained a very important player in terms of exports from South Africa of built-up vehicles, automotive components and replacement parts which was good news for the overall health of the industry.

Automotive exports increased 80.3% from 2012 to 2016, while the rate of imports was slower with an increase of 48.7%. This had resulted in a significant drop in the motor industry's trade deficit over the past five years, going from R42.3-billion in 2012 to R32.9-billion in 2016.

Automechanicaka Johannesburg

The biennial Automechanika Johannesburg trade fair for the automotive aftermarket will be held at the Expo Centre from September 27-30.

In 2017, it will be co-located with Futuroad, a truck, bus and trailer show and Scalex, a trade fair for transport systems, infrastructure, and logistics solutions.

2017 Automechanika Johannesburg at a glance:

Dates: September 27 - 30 2017
Venue: Johannesburg Expo Centre
Cnr Nasrec and Rand Show Roads, Nasrec, Johannesburg

http://www.wheels24.co.za/News/SA_v...hould-know-about-the-sa-car-industry-20170705
 
Isn't it unusual for the 2 smaller bakkies to be down the list and beaten by 4 big brothers? If so, any story behind it?
 
FiestaST said:
Best-selling sports cars in SA: Can anyone catch Ford's Mustang?

The Ford Mustang has maintained its status as South Africa’s top selling sports car during June 2017, with 86 units sold.

Ford’s pony car sold nearly double the units of second place rival Porsche 911 (47 units). Another Porsche, the 718 Cayman/Boxster, sold the third most units - 16 models locally.

The middle order

Along with the three front runners, the Jaguar F-Type was the only other sports car in SA to register double digit figures with 12 models sold.

Ferrari has three of its models in the top 9 list though the newest edition to the range, the GTC4Lusso, has not yet been added.

Audi and Nissan are the two other manufacturers that have made the top 10 list the list with their respective sports cars: the R8 and GT-R.

http://www.wheels24.co.za/News/SA_v...in-sa-can-anyone-catch-fords-mustang-20170705

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You can +1 that 488 spider, someone wrecked his
 
SA’S PREMIUM BRANDS RANKED BY SALES IN JUNE 2017

When it comes to premium automakers, which brand reigns supreme in terms of total sales in South Africa?

Well, we’ve sifted through the latest sales statistics provided by Naamsa – after already identifying the best-selling passenger vehicles, best-selling bakkies and worst-selling cars – to reveal which luxury automakers are the most popular (and least popular) in South Africa.

In June 2017, Mercedes-Benz predictably took top spot, with its total sales figure of 2 445 units including a handful of units from the Smart brand. The BMW Group (which includes vehicles from Mini) settled for second, more than 900 units behind. Audi, meanwhile, placed third, about 550 units behind its Bavarian rival.

Jaguar Land Rover slotted into fourth place, with Land Rover/Range Rover products accounting for about 68% of the total. Volvo placed fifth, some 31 units ahead of Porsche in sixth (with the 911 proving its most popular product for the month).

Lexus took seventh, ahead of Maserati, Scuderia SA (Ferrari), Bentley and Infiniti, with the latter managing just a single sale in June (a QX80). Bear in mind that brands such as Aston Martin, Lamborghini, McLaren and Rolls-Royce do not report monthly sales figures to Naamsa.

Premium brands by sales in SA in June 2017:

1. Mercedes-Benz – 2 445
2. BMW Group – 1 525
3. Audi – 976
4. Jaguar Land Rover – 364
5. Volvo – 156
6. Porsche – 125
7. Lexus – 71
8. Maserati – 18
9. Scuderia SA – 8
10. Bentley – 5
11. Infiniti – 1

http://www.carmag.co.za/news_post/sas-premium-brands-ranked-by-sales-in-june-2017/
 
11 cheapest six-cylinder passenger vehicles in SA

We recently discovered that buying a new vehicle equipped with a four-cylinder engine is by no means a guarantee that it will be cheap (check out our list of the 8 most expensive four-cylinder vehicles in SA for confirmation). But what if you want six cylinders … and want to pay as little as possible?

Well, we’ve had a search through South Africa’s new passenger vehicle market (take note that we’ve excluded commercial vehicles from this list) to unearth the 11 least expensive six-pot vehicles currently on offer. Needless to say, specifying a sixsome of cylinders can be an expensive exercise, but these are the cheapest currently out there…

1. Dodge Journey 3,6 R/T: R512 900

Dodge Journey The cheapest six-cylinder new passenger vehicle in SA is the Dodge Journey equipped with a 3,6-litre V6. This engine is worth 206 kW and 353 N.m, which is sent to the front wheels via a six-speed automatic transmission.

2. Subaru Legacy 3,6 R-S Premium: R595 000

Subaru Legacy The horizontally opposed six-cylinder in the Legacy sedan sends 191 kW and 350 N.m to all four corners via Subaru’s surprisingly pleasant continuously variable transmission. The sprint to three figures takes a claimed 7,2 seconds.

3. Infiniti QX50 3,0d: R596 949

Infiniti QX50 A turbodiesel SUV from Infiniti slots in at number three, with its oil-burning V6 churning out 175 kW and 550 N.m, which Infiniti says is enough for a 7,9-second sprint to 100 km/h. Drive is to all four wheels via a seven-speed automatic transmission.

4. Jeep Wrangler 3,6L Sahara: R603 900

Jeep Wrangler Like the Journey above, the Wrangler employs a 3,6-litre V6. But in this application, the naturally aspirated petrol engine makes 209 kW and 347 N.m, and is mated to an all-wheel-drive system via an old-school five-speed auto. The dash to 100 km/h? A claimed 8,9 seconds…

5. Subaru Outback 3,6 R-S Premium: R617 000

Subaru Outback The flagship Outback shares its heart with the Legacy sedan above, and its peak outputs are thus identical. Thanks likely to its added heft, this Outback takes four-tenths longer (at 7,6 seconds) to hit 100 km/h from standstill.

6. Toyota FJ Cruiser: R622 700

Toyota FJ Cruiser There’s just a single derivative left in Toyota’s local FJ Cruiser line-up, and it’s powered by the Japanese brand’s familiar 4,0-litre V6. The free-breathing six-pot makes a pleasingly round 200 kW and 380 N.m, and comes connected to an all-wheel-drive system that includes low-range. Expect it to gallop to three figures in about 7,6 seconds.

7. BMW M140i 5-door: R640 726

BMW M140i The only hatch on this list, the M140i employs BMW’s familiar 3,0-litre inline-six, which sends its 250 kW and 500 N.m to the rear wheels via a six-speed manual gearbox (specifying an eight-speed auto will add a little more than R20 000 to the price). In stick-shift form, the M140i hits 100 km/h in a claimed 4,8 seconds.

8. Infiniti Q70 3,7 GT: R651 154

Infiniti Q70 The second Infiniti on the list, this Q70 sedan derivative uses a 3,7-litre V6 worth 235 kW and 360 N.m, sent to the rear rubber via a seven-speed automatic transmission. The claimed dash to three figures? Some 6,2 seconds…

9. Jeep Cherokee 3,2L Limited: R658 900

Jeep Cherokee This version of the Cherokee makes use of a V6 directing 200 kW and 315 N.m to the front wheels via a nine-speed automatic. The result is a claimed 8,1-second dash to 100 km/h.

10. BMW M240i coupé: R660 026

BMW M240i Sharing its 3,0-litre turbocharged inline-six with the M140i above, the coupé version makes 50 N.m less, but matches the 1 Series on with its 0-100 km/h when fitted with a manual gearbox.

11. Nissan 370Z coupé: R661 900

Nissan 370Z The final spot on the list belongs to the Nissan 370Z. The 3,7-litre V6 under this ageing model’s bonnet is mated to a six-speed manual transmission (going for the auto adds R19 000, in this case), and the Japanese automaker says it’ll reach three figures in 5,3 seconds.

http://www.carmag.co.za/news_post/11-cheapest-six-cylinder-passenger-vehicles-in-sa/
 
South Africans love bakkies, 2017 sales reveal why

Low growth, rampant state expenditure and credit downgrades have delivered South Africa into a technical recession.

New vehicle sales are an excellent barometer of economic activity, with strong private automotive purchasing indicative of consumer confidence in medium term government policy and economic growth prospects.

Interestingly, bakkie sales are an even more acute measure of this as they are used in many workhorse functions that passenger cars are not. The buying-patterns pertaining to bakkies are therefore a much truer reflection of operational spending health in the agricultural, mining and construction industries.

If we collate the numbers and attempt to chart the trends, what have bakkie sales revealed about the first half of 2017? Not what you’d assume, at all. The results are a startling reality which counters everything economists, financial advisors and the Rand’s trading bandwidth have been telling us about the health of our economy.

Bakkie and light commercial vehicles sales are up 20% from total January to June 2017, with the comparative numbers being 11486 versus 13784 for those months.

There are a few caveats, sure, but this trend is curiously positive in a market where passenger vehicles are down 29% when comparing January sales with those of June. That’s a rather stark assessment, isn’t it?

What could the possible reasons be for the local bakkie market outperforming passenger cars by such a monumental margin, if both segments are subject to similar economic conditions of enabling (credit allocation) in a market of parallel demand and distribution?

Agriculture is outperforming everything

Despite the crippling drought conditions prevalent in the Western half of the country, South African agriculture reports record crops at a time when mining and manufacturing is dwindling.

It's a year of record crops all-round (maize, soya, citrus) and we're exporting maize for the first time in years. The SA Agricultural Machinery Association (SAAMA) - like NAAMSA - has reported a 16.8% year-on-year increase in tractor sales.

Farmers and companies appear to be converting the windfall into vehicles and those purchases are most likely to be bakkies; both commercial single-cabs and double-cabs, the latter bought as family vehicles.

Serving this demand has been a selection of new bakkie launches during the first half of 2017, most noticeably the Nissan Navara and VW Amarok. Although Ranger and Hilux continue to absolutely dominate the market, with sales beyond 3000 units each, it’s worth noting that both Ford and Toyota field vast model ranges in South Africa – covering every eventuality, from rudimentary single-cabs to luxurious double-cabs.

In comparison Mazda, Mitsubishi and VW are now effectively double-cab only bakkie brands, with a consequently limited offering, which accounts for their minor market share. Triton and BT-50 sales are down from 64 to 40, and 45 to 33, measured as months of January and June. The explanation for these decreases are evidently simple: Navara. In January Nissan wasn’t retailing any Navaras, yet in the month of June they had sold 137 of these new double-cabs, siphoning off market share from Mitsubishi and Mazda.

The amicable divorce settlement

And Isuzu? How is the most focussed of South African bakkie brands doing in the wake of its divorce from GMSA? Rather well, if we look at the numbers.

Isuzu’s KB range is the only true competitor for Ranger and Hilux in terms of derivative spread, and sales for June were 1178, up from 772 in January. True, that’s only a third of what Ford and Toyota are doing in total but a 52% increase remains a terrific balance sheet entry none the less.

The economy is in recession, new passenger vehicle sales are declining but the purchasing commitment for new bakkies remain undiminished. Supported by the fundamental reality of South Africa’s size and the necessity of reliable, rugged, light commercial transport - bakkies are unfailingly in demand for their workhorse characteristics.

Beyond the functional demand for single-cabs, there is another market force which cannot be ignored – and its influence on the passenger car market is clear. Some of the spend which would ordinarily have been destined for SUVs or D-segment cars are now being absorbed by the new range of more sophisticated, luxurious double-cab bakkies.

With double-cab bakkies having finally evolved to a standard of ergonomic sophistication and drivetrain refinement which makes them rather car-like inside and to drive, without any compromise to that hallowed 1t loadability, the bakkie’s aptness as a choice for South Africans who require a do-everything vehicle is unquestioned. Just look at the numbers.

http://www.wheels24.co.za/AutoTrade...s-love-bakkies-2017-sales-reveal-why-20170711
 
This is how many cars Porsche SA sold in 2017 so far

Earlier in July, Wheels24 reported that Porsche could be set for a record year in 2017; the automaker has recorded its best sixth-month sales figure yet.

With 126 497 vehicles sold worldwide, the automaker has exceeded its record figure set in 2016 by 7% in the first half of 2017.

But what about local sales?

According to Naamsa, Porsche has sold 645 units in South Africa from January to June 2017.

The automaker's best-selling model so far? The Cayenne, with 224 SUVs finding homes in SA.

The iconic 911 is in second place with 194 units. The rest of its top 5 best-sellers so far in 2017 include the 718, Macan and the Panamera.

We've listed the top 5 best-selling Porsche models as well as the automaker's global sales breakdown.

Here are the best selling Porsche cars January to June 2017: Info by Naamsa

http://www.wheels24.co.za/News/SA_v...-cars-porsche-sa-sold-in-2017-so-far-20170713

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Bentley sold how many SUVs?! 6 fun facts about SA car sales

Domestic car sales are "reasonably encouraging with new vehicle exports also achieving a modest year-on-year improvement," says the Naamsa.

Overall, 45 369 units were sold in June 2017, an increase of 418 units or 0.9% compared to 44 951 vehicles sold in June 2016. Export sales at 31 631 vehicles, registered a gain of 429 units, an improvement of 1.4% compared to the 31 202 vehicles exported in June 2016.

But how has the SA car market shaped-up during the first six-months of 2017?

It's no secret that South Africans love bakkies; in the perennial bakkie war, Ford's Ranger is SA's overall best-selling pick-up, besting the Toyota Hilux.

Toyota however has had a great first six months of 2017, selling more than 61 000 units. In terms of exports, Volkswagen shipped off a total of 34 708 new models.

Think we're in a recession? Not for the 15 local owners of Bentley's new Bentayga; the SUV is priced from R4-million!

Check out these 6 interesting facts about SA car sales: Info by *Naamsa

http://www.wheels24.co.za/News/Guid...-suvs-6-fun-facts-about-sa-car-sales-20170714

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Wow. 15 bentaygas. Wasn't a fan until I saw one. Very smart vehicle.
 
Here are the best-selling car brands by country…

In 2016, Volkswagen claimed the title of the world’s best-selling automaker. But, according to a British company’s analysis, Toyota was the most popular brand in nearly 50 countries across the globe last year.

Regtransfers, which bills itself as the UK’s largest numberplate dealer, has looked at the figures and created a nifty infographic showing the top-selling automakers by country. Of course, the image you see below (which is expandable by clicking) doesn’t include every single country on earth, likely because reliable sales statistics are hard to come by in some regions.

Still, it makes for interesting reading, and suggests that Toyota dominated the market in 49 countries, with Volkswagen (14) and Ford (eight) next in line. Renault and Skoda followed with six countries apiece, while Dacia and Fiat were tops in five countries each.

Check out the infographic below (click the image to expand and then zoom in)…

http://www.carmag.co.za/news_post/here-are-the-best-selling-car-brands-by-country/

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'Significant drop' in SA car price inflation - TransUnion

TransUnion says its latest Vehicle Pricing Index "should be music to the ears of consumers who’ve been itching to buy a new vehicle".

The organisation adds: "However, consumers are still concerned if they’ll be able to meet their debt repayments, and as a result, are holding back on replacing their existing vehicles."

Next VPI for 2017

The VPI report examines the link between the year-on-year increase in vehicle pricing for new and used vehicles, drawing data from a basket of passenger vehicles incorporated from the top 15 volume manufacturers.

Data is collected from across the industry and used to create the VPI.

TransUnion’s Q2 2017 report shows that the VPI for new passenger vehicles has decreased from 8.4% in Q2 2016 to 5.4% in Q2 2017, while the VPI for used vehicles increased from 2.7% to 3.6% over the same period.

These results, says TransUnion, suggest that used vehicles aren’t necessarily "as affordable as they were a year ago, while buying new vehicles is becoming easier and more reasonably priced".

Derick de Vries, CEO of Auto Information Solutions at TransUnion, said: "In part, the increasing affordability of new vehicles and the corresponding rise of prices in the used market can be explained by the cyclical nature of the industry,”

"Availability of quality used vehicles fluctuates often, and with it, their prices. In times when used vehicles are in high demand and short supply – as we currently appear to be experiencing – the option of purchasing a new vehicle instead can often amount to a better deal for the buyer.”

For the past six quarters, consumers have been faced with price increases at a rate well above that of the Consumer Pricing Index (CPI). Due to the deflation in GDP South Africa experienced in Q1, more and more buyers opted for used models rather than new.

In anticipation of a slow sales period, total financial agreement volumes between manufacturers and dealers dropped by a sharp 14% between Q1 and Q2.

De Vries said: "Despite the recent political and economic uncertainty gripping the country, interest rates have remained stable and the rand is performing surprisingly well.

"And while there’s no telling what could change over the next few months or years, those consumers who manage to secure a fixed – rather than linked – interest rate when financing their new vehicles should be in a better future financial position."

Financed vehicle deals

Financed deals on new passenger vehicles has declined by 12% from Q1 to Q2 2017, while financed deals on used vehicles declined by 15% within the same period. The used-to-new ratio has decreased marginally from 2.49 in Q1 2017 to 2.41 in Q2 2017.

TransUnion adds: 'Since quality used vehicles under 2 years old, are currently going through a period of high demand, their newfound popularity is also bound to drive prices up somewhat. The VPI shows that 44% of used vehicles financed are under two years old – strong evidence that South Africans are still finding better value in younger, well-maintained used vehicles."

'Put buyers in a strong position'

De Vries: "In response, dealers and manufacturers are leveraging all available marketing initiatives to boost sales, hoping to overcome their vulnerable sales position. From discounts and favourable repayment terms to trade assistance, and other incentives, manufacturers are under increasing pressure to provide value to prospective buyers. This puts buyers in a strong position to negotiate a better deal on new vehicles – and we anticipate an increase in the sale of new vehicles in upcoming months, along with a marginal decrease in used vehicle sales as the quality of supply diminishes."

http://www.wheels24.co.za/News/SA_v...nificant-drop-in-car-price-inflation-20170720
 
FiestaST said:
'Significant drop' in SA car price inflation
Click to expand...
I'll just quote myself from the N&CA section where this was also posted:
NarrowBandFtw said:
There shouldn't be ANY increase AT ALL, prices should be dropping if any market fundamentals were to apply.

But no, we prefer the collusion and protectionism afforded under the guise of APDP right?
Prices that rise slightly slower are great, much better than having lower prices!
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also ... burn mthrfcker, burn!
 
FiestaST said:
TransUnion says its latest Vehicle Pricing Index "should be music to the ears of consumers who’ve been itching to buy a new vehicle".
Click to expand...
Not a chance! I'll rather buy a used car, preferable something that has been drastically depreciated.
 
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