Incredibly as it may seem, prices on new cars are continuing to rise quite dramatically despite the manufacturers all still struggling for sales!
The reasons are unclear but probably due to the exchange rate and rising costs of metal etc. But whatever reason it's certainly not helping. Word on the streets is that dealers are again beginning to struggle despite the success of the scrappage scheme.
It's also having a knock on effect on used car sales of course, with really high prices now even being achieved on eBay and at car auctions - really hard to pick up a bargain now!
On a brighter note the scrappage scheme has already seen sales of over 60000 - so that's 60000 fewer old bangers on the road now. Still have mine of course....
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