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Old 14-09-2019, 06:42 PM   #926
Yellow_Festiva
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Join Date: Oct 2006
Location: Sydney
Posts: 8,893
Default Re: Australia housing bubble

Quote:
Originally Posted by Polyal View Post

New car sales are dropping, if it wasnt for the low dollar (a result of decrease confidence and other things) then we would be right up poo street.
My theory on car sales dropping is that we have had a decent run or new cars with 5 and 7 year warranties.

People probably holding onto their vehicle for longer to get what they can out of the warranty and spread out the depreciation.
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