I was talking to a prestige dealer today, car sales since Brexit announcement have been really really positive.
However, Corona has come along and things have fallen off a cliff.....would you buy a (Morgan) or a "daily" in these times?
very definitely for the daily. The dealers are on their backs, the market is dead, interest rates are silly low, and diesels are the spawn of the devil. What better time to buy a diesel car on finance?
As for toys like Morgan - wouldnt go near a new one but there will be some distressed sale of older ones going about whether the be estate sales or financial pressure. So yes there will be bargains.
The only caveat is that IMO this virus will do far more economic damage than the financial crisis, not least because the UK workforce has the option of as many paid 2 week holidays as they fancy, and the 300bn slush fund will generate a feeding frenzy of subsidy applications and scams.
