I thi
Dont forget as well as the customer being limited in their trade in options, they are also cutting themselves off from potential new brand cutomers. Thats not sustainable long term.
Just the same as some used car places wont touch JLR product because its just too much hassle with faults and warranty etc.
It will pass.
I think you are reading too much into it. They are just protecting themselves from market volatility. It will settle down in some form or other.I've never heard of Inchcape etc! (Though not surprised there are massive corporations operating behind the already massive brands).
I wasn't actually thinking that the Mfrs were necessarily driving the decision of your Group Company - nevertheless the fact that what is clearly a very big car retailer has felt the need to protect itself from the poor resale value & risk of taking in EV's in part-exchange..... is not exactly a promising and confidence-inspiring thing I'd have thought.
Dont forget as well as the customer being limited in their trade in options, they are also cutting themselves off from potential new brand cutomers. Thats not sustainable long term.
Just the same as some used car places wont touch JLR product because its just too much hassle with faults and warranty etc.
It will pass.