(02-12-2011 08:24am)Alex Wrote: I’m amazed at how well the Evoque is doing in the current economic climate, but from what I have read car sales in general have risen compared to last year. Perhaps this positive trend in an uncertain economic climate is due to finance deals, either way is doesn’t appear to reflect the same negative mood seen on the news day in and day out.
Unfortunately despite the economic climate my finance deal with LR is not as good as the one I had from Ford four years previous! My APR is coming in around 9.9%, but none the less I’m still in a position to afford the vehicle. However last month I was questioning whether I should cancel my order wondering if buying a new vehicle in current conditions is a smart thing to do (have to admit this is mainly driven by the speculation we are seeing in the media).
But none the less, when I read about all the recent current sales/future sales that the Evoque has generated, sales for the Focus, Fiesta, VW Golf, BMW 3 Series (plus many others) and the future market not looking to healthy I’m puzzled why this has not been escalated as a positive trend on the news circuit.
We have had recessions before - it seems this one is effecting sectors of society that have a voice/are of topical interest to the media. I work in IT sales and have done so for nearly 25 years now - back in the post Y2k period 2001-2005 many of us had a torrid time with multiple redundancies as our industry had its own dark days.
If you put the bad news in the media to one side for a moment and look outside it somehow seems to not be reflected elsewhere - restaurants and theatres are sold out rapidly and many car brands have 5 month lead-times. The world of commerce is changing away from the high street shops to the internet - many fashion brands will tell you that more than 50% of their sales are on-line now - more shops will close for sure. The media report retail high street closures negatively because of the impact on employment but never say 'but the web side of their business from some warehouse in the back of beyond is going exceptionally well'.
There is more uncertainty around not helped by media coverage and people are more cautious with discretionary expenditure but the money is still there all the same.
I looked a LR Finance (to do a Lease Purchase) via my local dealer who was also offering deals through Black Horse who were much nearer the real world (and less than your 9.9%) - would respectfully suggest you get a quote there too.
Evoque sales in economic climate
