Waiting it out might turn out alright, I remember the inflation rate hitting about 8% in 1988, the party carried on for a bit then there was a bad recession. I bought a new pick-up in 1991, £2k deposit then £25 a month for four years on a 0% deal. The auto company's like any other company like chancing it while they can get away with it, ie people still buying. Once the sales dry up they have to start offering incentives, after all their business is to sell cars. I don’t know how cash rich Geely are, but they certainly seem big enough to offer in house finance if the shit really hits the fan this time roundI went to look at an Emira alternative today.
At 8.8% Apr for a brand new RS3 is simpley ludicrous for a new car even in this day of age of inflation.
it was coming out at £40 per month more with the same deposit as my "future" Emira.
An RS3 won't be happening and I have no plan C so looks like I'll be waiting another 14/18 months or so.......
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