YABVU @FirmNavyCat - this policy needs to happen.
30 years ago was my teenage years.
It was a blissful time when PCP finance didn’t exist and the BMW X5 was a twinkle in the manufacturer’s eye,
There was the Range Rover, the Cherokee, the Land Cruiser (a rare sight but still) and memory tells me a Shogun or two. The UK had very few models available - maybe a dozen at most.
And that was it. Because cars couldn’t be financed according to depreciation with a PCP deal, only people who either had the purpose to want to own one, or the money, had one of these things
Statistics tell us only 4.5 % of new cars registered in 2000, were SUVs.
So what happened?!
The BMW X5 and Range Rover Sport came along. In the same decade, PCP starts to flourish.
It’s a deadly cocktail for the UK car buyer - they can buy huge flashy motors now, but not have to own £20k in deposit to do a bank loan. They can just pay £400 monthly and look wealthy without risking as much.
It’s the ego of British people that has led us to this place where fewer people want to buy a Golf Estate or a Superb for family transport, but salivate over Mercedes GLEs and Defender 110s.
I wish some SUV drivers would stop talking about boot space or their dogs or whatever. Many of us in rural areas got by very happily (and still do) in Corolla estates or Volvo wagons. We don’t need an Audi Q7 to do things!
Is anyone who owns an SUV honest enough to say they want the automotive equivalent of Tomberland boots?