Comments on: Car sales drop again in April

By: The confused student

The confused student — Fri, 15 May 2009 02:16:26 +0000

I’m confused so why do car sales fall in the month of april every year?? is it really due to the fact that there are less trading days or something totally different. I know that sale increease in June each year due to the end of financial year sales but dont really understand why they slump in april and january. Cheers

By: Forza M

Forza M — Sat, 09 May 2009 10:37:59 +0000

why do people who drive CRVs actually read websites about cars?

By: Andrew M

Andrew M — Thu, 07 May 2009 10:40:03 +0000

Fair enough Jason, thanks.
If they are only 15K to buy out right, and if mazda resale is anything like it is here, you would still be better off buying out right me thinks.
I suppose the down side to having cheap cars and houses is not having any money to buy them.
No matter what the market, prices will be relative to wages

As for house prices, i think I know why they are so cheap…..
I saw on the news that they are bulldozing brand spanking $400K houses because they just cant sell them.
If you were gonna invest in their property I would say one would have to be prepared to sit on them for a while as i couldnt see their prices recovering any time soon.
But hey, with prices that low, you could probably afford to…..

By: Jason Smith

Jason Smith — Wed, 06 May 2009 07:07:00 +0000

As I mentioned, this is something I saw in the US. The Mazda3 sells for about US$15,000 there.

By: Andrew M

Andrew M — Wed, 06 May 2009 07:02:57 +0000

Oh and doesnt that make the car only worth about $14K???

By: Andrew M

Andrew M — Wed, 06 May 2009 07:01:50 +0000

Fair enough then, thanks for that.

How long were they asking you to lease tham for???

By: Jason Smith

Jason Smith — Wed, 06 May 2009 06:58:21 +0000

Andrew – it’s a lease – there’s no payment at the end. You hand the car back and get a new one. I did read the fine print and it did say that $3500 was due up front (which works out to nearly 25% of the car’s cost). However, on the Lexus lease the up-front payment was only $1500.

By: Andrew M

Andrew M — Wed, 06 May 2009 06:53:47 +0000

Well the low US house prices are partly a result of the homeowners handing back keys to the bank and walking away.

I’d also be watching the fine print on the $99/month car loans.
Watch for a massive balloon at the end.

By: Jason Smith

Jason Smith — Wed, 06 May 2009 05:49:36 +0000

Watch Hondas sales plummet. The Jazz and City are both overpriced for cars coming from Thailand. The CR-V is overpriced, underpowered, and ugly. The new Accord and Accord Euro are both bland (and underpowered in 4-cylinder form). I have only ever owned Hondas – my first car was a CR-V, and 3 years later, I bought another. However, I’m going to be looking to another brand for my next.

By: Yianni

Yianni — Wed, 06 May 2009 05:16:30 +0000

What the hell are Honda smoking! They put up prices yet again across the whole range.

Car sales continue to fall yet some manufacturers think it’s ok to put prices up in this climate?

Can’t they say that in times like this price is number 1 for the majority of buyers? All they have to do is look at Hyundai to see how much price matters right now.

You failed Honda.