NarrowBandFtw
Honorary Master
Yes.. and no. It's basically inflation based.. so what would happen and has happen in SA is that the increases just freezes up while inflation or rather salary growth catches up and sales improve to an 'acceptable' level. I've never seen prices drop purely due to bad sales especially for cars unless dated. The knock on of course is that when costs no longer increase, salaries also will stagnate. thereby restoring the same situation haha
Our official inflation is 6%, not 10+ (yes I know in reality that 6% is bs, just saying car price hikes exceed official inflation)
I'm not proposing a "bad sales" scenario though, I'm talking a complete stop. We've never seen such a scenario and neither has the motor trade, it is guaranteed to bankrupt more than a few dealerships and whoever is stuck with thousands of units that they can't move will have to become creative.


