PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
thewayIzeeit
 
Comments: 11
Article views: 1009
 
 
Latest Badges:



 
View all thewayIzeeit's badges.
 

Blowing a gasket over high car prices!

15 March 2014, 19:30

I am hopeful that soon, someone will be blowing the lid off what I am convinced is a collusion in the car industry. It maybe me, it may be you, but all I know, is that we should stand together and stop this highway robbery, and that it should happen soon

The same way it took a small business man, who wanted to offer cheaper bread to his customers to take on Industry Giants and win (YAY!) it should take us (the struggling consumer) to take on, what must surely boil down to price-fixing in the true sense.

Acutely aware of “industry norms” the “blue book value” and “market-related” jargon that is spewed at you when querying high prices, I still feel that the current high prices are not justified at all.

It is RIDICULOUS how high, unaffordable and over-priced, OLD cars are, not withstanding the new or later models. What IS consistent is that ALL dealerships and manufacturers sell at the same price (or insist on doing so) - was this not the problem in the bread industry??

I have been for a while looking for car (used) – not even second-hand, but third or fourth-hand is all I could afford. My research has shown that the same car and model that I bought 9 years ago, and at the time was 10 years old, is TODAY (19 years later) STILL selling for the same price! How can that be??

Is depreciation not a factor? The increased mileage surely should determine that this 19 year old car cannot still be selling at R35 000??

No matter how “popular” or “in demand” that car can be – surely the high prices cannot be justified?

In an advert today:  A 2000 model Nissan Sentra with 268 408kms on the clock is for sale at R79 995! Or if that’s too expensive, try the 1993 (21 yrs old) Nissan with 187 775kms for “only” R69 995!

In contrast, a “like new” 2012/13 - Hyundai or Chevrolet Spark with an average of 30 000kms is available at less than R40 000!

Why is no one squealing about this??

I don’t even want to talk about the expensive, SUV’s, the latest entry level new cars or the luxury market.

My dream car is the Rav4 2005 (125 000+kms) and it will cost me about R149 000, yet the NEW one is double that price??

IF I am crazy enough to finally heavily indebt myself for my dream car, it means that I will have to come up with about R3700 per month for the next 5 years.

Once I am done paying, my dream car would then be 14 years old – with probably 300 000kms on the clock. And should I sell then, I may be able to demand the same buying price!

How can this be possible?

I am sure that this letter, will get all sorts of “expert” advice from those “in the industry” that will be all too eager to “school me” and tell me just where to get off.

I may even get some to make me an offer on that dream car. But even then, no-one will be willing to offer it at much less than the next guy.

Cars more than 25 years old should not be selling for what they are – unless “classics” in the original sense.

How has the Competition Tribunal, The Ombudsman, the Consumer Protection Act or the Public Protector not yet taken this on??

All this research has shown me is that “THEY” are all in it together.  And that WE should start standing together and put a stop to this.

The Way I Zee It…Where there’s smoke…(the oil rings probably needs to be changed )

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
11 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Gerard Denzil Boyce
Being all we can be this Africa D...

Coming as soon as it does after yet another outbreak of xenophobic violence in SA and amidst reports of the horrors faced by desperate African migrants, few Africans are likely to be in celebratory mood this coming Africa Day. Read more...

5 comments 456 views
“Creating million jobs for SA You...

Unemployment among young South Africans rose significantly over the past six years and a lot of companies are busy retrenching employees. Read more...

15 comments 1246 views
Submitted by
Fired up
Leftist-Liberalism often the anti...

It’s difficult to fathom ivory-tower academic Wilmot James’s objections to the Democratic Alliance’s value charter with its emphasis on values in context of the family.  Read more...

6 comments 527 views
Submitted by
DesertGirl
Namibia must prepare for loadshed...

Namibians will have to prepare for the country's first ever possible load shedding, the boss of that national power utility, Paulinus Shilamba has announced.  Read more...

3 comments 1167 views
Submitted by
PeterTracey
Captain’s log: Windhoek

Fortuitously I found myself in Windhoek, Namibia for a few days this week. Read more...

7 comments 983 views
Submitted by
Anton Dekker
What a great compasionate nation ...

We are so caring, it brings a tear to my eye! Read more...

17 comments 634 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on your iPhone Get News24 headlines on your iPhone.

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

 
Interactive Advertising Bureau
 
© 2015 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.