How much does the chancellor get?

Honest John Back Room » Motoring discussion
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Fri 28 Jul 2006 10:56
How much does the chancellor get? - barney100
I was idly thinking of buying a new car for swmbo to replace aging Volvo. Years ago we used to reckon that if you drove off the forcourt with a new car and returned the next day to px it for another you would lose around 25%. Does this apply today? I bought a couple of new Padas years ago but have gone the 2nd hand route for a long time now.
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Fri 28 Jul 2006 11:02
How much does the chancellor get? - artful dodger {P}
>>if you drove off the forcourt with a new car and returned the next day to px it for another you would lose around 25%.

I believe the same applies today. Part of it is that you have added an owner and a dealer has to make a profit on the resale. The resale value is almost always lower than the new price (with a few exceptions in very short supply with long delivery times).


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Roger
I read frequently, but only post when I have something useful to say.
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