Negative Equity Spreads from the Housing to the Car Market

Discussion in 'Current Affairs, News and Analysis' started by pombsen-armchair-warrior, Jan 6, 2009.

Welcome to the Army Rumour Service, ARRSE

The UK's largest and busiest UNofficial military website.

The heart of the site is the forum area, including:

  1. Car leasing has always been an expensive way for an individual to use/buy a car it is only really practically used as a tax write off.

    cars rarely maintain there value except the very high end of the market, so while i agree that there will no doubt be a glut of high quality ex lease soon its more a case of companies or individuals who are financially over extended.
  2. I would have thought that pretty much everything with a "second hand"" value is going to be affected. Especially with a lot of the "new" stuff similarly being slashed

    Saw some laptops in Currys that, quite frankly, would give a lot of the "refurbs" a run for their money. Brand new laptop for only a few pounds more than a refurb.

    Supply and demand, and demand is flagging at the moment.