Used car prices 2022

Post Reply
User avatar
Broccers
Posts: 5666
Joined: Tue Apr 24, 2018 8:37 pm

Used car prices 2022

Post by Broccers »

Do we all reckon they will continue to rise?

Car production slumped to its worst performance since 1984 last month as manufacturers continue to wrestle with a shortage of semiconductors.

Output fell by 28.7pc in November to 75,756 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). It marks the fifth consecutive month of decline.

Mike Hawes, chief executive of the SMMT, described the figures as “incredibly worrying”.

Despite the overall decline, electric vehicle production continues to surge, accounting for roughly a third of all production over the month./i]
User avatar
Mito Man
Posts: 9879
Joined: Wed Apr 11, 2018 4:27 pm

Re: Used car prices 2022

Post by Mito Man »

Yep. The manufacturers have figured out that they can sell 25% fewer cars but make 50% more profit than in 2019 and customers are happy enough to pay that. Why change?
How about not having a sig at all?
User avatar
Broccers
Posts: 5666
Joined: Tue Apr 24, 2018 8:37 pm

Re: Used car prices 2022

Post by Broccers »

Mito Man wrote: Thu Dec 23, 2021 10:34 am Yep. The manufacturers have figured out that they can sell 25% fewer cars but make 50% more profit than in 2019 and customers are happy enough to pay that. Why change?
I think decent petrol sports cars will be a sound place to put money in the coming years. Who wants to keep a tesla long with a defunct battery? :D
User avatar
Beany
Posts: 6344
Joined: Wed Apr 11, 2018 5:27 pm

Re: Used car prices 2022

Post by Beany »

The batteries aren't a massive issue, are they, or has that changed recently?

Motors or drivetrain parts (logic boards etc) might be more of a pain longer term given how tight Tesla are on their parts reuse policies...
User avatar
Mito Man
Posts: 9879
Joined: Wed Apr 11, 2018 4:27 pm

Re: Used car prices 2022

Post by Mito Man »

I think for anything special and not used much I'd stick with an old fashioned combustion engine and keep the daily EV for as a lease...
Sadly during my research to buy a used supercar I've had to rule out the P1 and LaFerrari due to the replacement costs for a bricked battery which is becoming a common problem now ;)
https://www.scuderiacarparts.com/part-f ... 2509/48391
How about not having a sig at all?
User avatar
Broccers
Posts: 5666
Joined: Tue Apr 24, 2018 8:37 pm

Re: Used car prices 2022

Post by Broccers »

Beany wrote: Thu Dec 23, 2021 1:55 pm The batteries aren't a massive issue, are they, or has that changed recently?

Motors or drivetrain parts (logic boards etc) might be more of a pain longer term given how tight Tesla are on their parts reuse policies...
Did you see the fella blow up his tesla the other day as the replacement battery was like 20k. Reading more into it you can get it done for 5k. Even so its a big cost if your old car is only worth 15.

@Mito Man leasing, yes probably.
User avatar
Broccers
Posts: 5666
Joined: Tue Apr 24, 2018 8:37 pm

Re: Used car prices 2022

Post by Broccers »

User avatar
jamcg
Posts: 3868
Joined: Wed Apr 11, 2018 5:41 pm

Re: Used car prices 2022

Post by jamcg »

The chip shortage is fucking up more than cars now- Worcester are having major supply issues for boilers and their controls
User avatar
Broccers
Posts: 5666
Joined: Tue Apr 24, 2018 8:37 pm

Re: Used car prices 2022

Post by Broccers »

jamcg wrote: Thu Dec 23, 2021 8:42 pm The chip shortage is fucking up more than cars now- Worcester are having major supply issues for boilers and their controls
Boiler broke fella?
User avatar
jamcg
Posts: 3868
Joined: Wed Apr 11, 2018 5:41 pm

Re: Used car prices 2022

Post by jamcg »

Nope, fitting boilers is what I do for a living
User avatar
Broccers
Posts: 5666
Joined: Tue Apr 24, 2018 8:37 pm

Re: Used car prices 2022

Post by Broccers »

jamcg wrote: Thu Dec 23, 2021 10:41 pm Nope, fitting boilers is what I do for a living
Oh good as broken boiler at Christmas would be a right nightmare!
User avatar
McSwede
Posts: 3307
Joined: Wed Apr 11, 2018 10:04 pm

Re: Used car prices 2022

Post by McSwede »

jamcg wrote: Thu Dec 23, 2021 8:42 pm The chip shortage is fucking up more than cars now- Worcester are having major supply issues for boilers and their controls
It's been fucking up everything all year. We have a £7m back order book at work because of this alongside shortages of other stuff like ingredients for plastic. We are forward paying for components and raw materials through to the end of 2023 just to make sure we can secure supply. Even then it's bloody volatile!! Add to that the crazy freight costs and lack of availability by sea and air. It's crackers.
Post Reply