Asthehills Posted December 11, 2022 Share Posted December 11, 2022 10 minutes ago, Max Power said: That's correct, the lead time for a new car can be up to a year! Although these PCPs are subsidised, they have inflated the price of new cars to cover the finance charges, so we all pay towards those costs, even if we don't take manufacturer finance! If you think the lead time for a new car can be “up to a year” then you clearly have no idea about the current market. There are many, many cars which are way over that for a new order, and they aren’t expensive or unusual 1 Quote Link to comment Share on other sites More sharing options...
offshoremanxman Posted December 11, 2022 Share Posted December 11, 2022 15 minutes ago, Asthehills said: If you think the lead time for a new car can be “up to a year” then you clearly have no idea about the current market. Says the man driving a 1988 Lada Riva. 3 1 Quote Link to comment Share on other sites More sharing options...
Asthehills Posted December 11, 2022 Share Posted December 11, 2022 6 minutes ago, offshoremanxman said: Says the man driving a 1988 Lada Riva. That does 60mpg plus which is, according to you, impossible on the island? 😂 Quote Link to comment Share on other sites More sharing options...
NoTailT Posted December 11, 2022 Share Posted December 11, 2022 (edited) 25 minutes ago, Asthehills said: If you think the lead time for a new car can be “up to a year” then you clearly have no idea about the current market. There are many, many cars which are way over that for a new order, and they aren’t expensive or unusual 20 months on my 911 Apparently it's 24months for a Dacia Duster, so clearly I made the sensible choice. Edited December 11, 2022 by NoTailT 1 Quote Link to comment Share on other sites More sharing options...
Asthehills Posted December 11, 2022 Share Posted December 11, 2022 10 minutes ago, offshoremanxman said: Says the man driving a 1988 Lada Riva. Currently at least a year for a Kia Sportage or a Skoda Enyaq amongst others. Assuming you are happy with a certain spec/colour. Dont even start looking at the high end / luxury stuff. Quote Link to comment Share on other sites More sharing options...
Banker Posted December 11, 2022 Share Posted December 11, 2022 4 minutes ago, NoTailT said: 20 months on my 911 Apparently it's 24months for a Dacia Duster, so clearly I made the sensible choice. Similar for my Aston Martin but 2 years for a Hyundai so I also made correct decision 😀 Quote Link to comment Share on other sites More sharing options...
genericUserName Posted December 11, 2022 Share Posted December 11, 2022 11 minutes ago, NoTailT said: Apparently it's 24months for a Dacia Duster, so clearly I made the sensible choice. The car you are most likely to get stuck behind at 28mph on the "mountain" road Quote Link to comment Share on other sites More sharing options...
NoTail Posted December 11, 2022 Share Posted December 11, 2022 My Fiat Ducato based motorhome has been off the road since May. The chip based gearbox part is simply not available. Quote Link to comment Share on other sites More sharing options...
Nellie Posted December 11, 2022 Share Posted December 11, 2022 2 minutes ago, NoTail said: My Fiat Ducato based motorhome has been off the road since May. The chip based gearbox part is simply not available. Are you joining this thread from Moscow? 😉 1 Quote Link to comment Share on other sites More sharing options...
Max Power Posted December 11, 2022 Share Posted December 11, 2022 1 hour ago, Asthehills said: If you think the lead time for a new car can be “up to a year” then you clearly have no idea about the current market. There are many, many cars which are way over that for a new order, and they aren’t expensive or unusual I'm actually quite in touch, about a year for a Golf GTI was what I was basing it on, Porsche etc was eight months from allocation, now it's two years or more. Some cars are easier than others but as you say, some not very special cars are seriously wrong. I guess it's down to the influence of the manufacturer? Quote Link to comment Share on other sites More sharing options...
Max Power Posted December 11, 2022 Share Posted December 11, 2022 1 hour ago, offshoremanxman said: The fact that they are still trading suggests they are still making money. The structure that owns it is listed so should be easily trackable. I don’t like their sales practices at all but they’re still here. They are still here because it suits the parent organisation, I can pretty much guarantee that they are making huge losses. Quote Link to comment Share on other sites More sharing options...
Happier diner Posted December 11, 2022 Share Posted December 11, 2022 1 hour ago, finlo said: £400 for an oil change that's where! I didn't say I would give them my custom. I did once and got totally ripped off. £1000 for an injector. But then no one is forced to buy cars from them nor trade in their own cars. All I am saying is that, as others have said, paying back what that place must have cost means making money or going bust. Quote Link to comment Share on other sites More sharing options...
Banker Posted December 11, 2022 Share Posted December 11, 2022 10 minutes ago, Max Power said: They are still here because it suits the parent organisation, I can pretty much guarantee that they are making huge losses. The amount of cars including very expensive ones they shift in a year is massive so not sure that’s true, perhaps you can show the figures to prove statements? 1 Quote Link to comment Share on other sites More sharing options...
Max Power Posted December 11, 2022 Share Posted December 11, 2022 22 minutes ago, Banker said: The amount of cars including very expensive ones they shift in a year is massive so not sure that’s true, perhaps you can show the figures to prove statements? What's your idea of massive though, the island's new car market has shrunk considerably in the past 20 years, it's less than half of what it was. You have to sell a lot of big ticket cars, even lower priced ones, to cover the costs of each franchise. To be fair, I haven't seen the registration breakdown by manufacturer for the island for a couple of years now, but I have no reason to think that the market has increased from the 900 cars from then. Jacksons share was around 500 cars at that point, with the manufacturers they represent. However, people are still purchasing quite a lot from UK dealers, so that figure will be even less. To put it in perspective, a medium sized UK dealer with a decent franchise will expect to sell c.1250 new cars per annum. Jacksons are not a medium sized dealer. Back of a fag packet calculation suggests that they need to sell 1500 new and 1500 used cars per annum, retaining an average of £2,000 par car. They are probably retaining more per unit than that at present on some franchises but certainly not enough, even with the up to say £10,000 on the few, and I mean a few, top flight cars such as Porsche. They have some very high cost franchises without a big enough market to sell into! Quote Link to comment Share on other sites More sharing options...
finlo Posted December 11, 2022 Share Posted December 11, 2022 18 minutes ago, Max Power said: What's your idea of massive though, the island's new car market has shrunk considerably in the past 20 years, it's less than half of what it was. You have to sell a lot of big ticket cars, even lower priced ones, to cover the costs of each franchise. To be fair, I haven't seen the registration breakdown by manufacturer for the island for a couple of years now, but I have no reason to think that the market has increased from the 900 cars from then. Jacksons share was around 500 cars at that point, with the manufacturers they represent. However, people are still purchasing quite a lot from UK dealers, so that figure will be even less. To put it in perspective, a medium sized UK dealer with a decent franchise will expect to sell c.1250 new cars per annum. Jacksons are not a medium sized dealer. Back of a fag packet calculation suggests that they need to sell 1500 new and 1500 used cars per annum, retaining an average of £2,000 par car. They are probably retaining more per unit than that at present on some franchises but certainly not enough, even with the up to say £10,000 on the few, and I mean a few, top flight cars such as Porsche. They have some very high cost franchises without a big enough market to sell into! A few Porsche Taycan first service's will see them right, £1200 for new wiper blades and a pollen filter! 1 Quote Link to comment Share on other sites More sharing options...
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