vFacts October 2019

[Bossxr8]

Originally Posted by jpd80

People holding onto their money, not willing to commit too heavily at the moment. Cutting interest rates have almost no impact on those who are struggling financially at the moment.

Most people are probably like me and just put the savings from the interest rate cuts straight onto the mortgage, rather than pay less.

Sports cars and the like, which are more often than not indulgent purchases are the first to go. Just look how much Mustang has dropped.

Although the Everest has steadily improved in sales. Takes a while to build a new nameplate. Not sure if it's still the case but it had improved month over month year to date for quite a while.