spongebob squarepants
Yas Marina
- Joined
- 20 Dec 2009
- Messages
- 8,949
bludger said:I'm interested in buying a 911 and have been monitoring the market for some months.
We've had years of easy credit and low interest rates and this has affected car values along with a lot of other things. I'm fairly sure we'll have a financial crash and recession in the next two years at most and things could get very sticky indeed and car values will be affected along with a lot of other things.
Now you can pooh pooh this but we have rates at zero so they can't be cut further and there are an awful lot of folk who appear well off but are hocked up to the eyeballs and debt levels are far higher than ten years ago.
This slowdown, which most acknowledge, could be a canary in the coal mine.
I'm waiting to buy; now is not the time.
You're putting me off now!!! About to pull the trigger :nooo: