Wednesday, February 16, 2011

New cars to now cost higher

The prices of new cars are now increasing and the first raise was observed last year in the fourth quarter of the financial year 2010. But he increasing prices are not due to the booming economy, experts believe that the rising prices are not due to the booming economy but car dealers have increased prices considering the new vehicle emission tax in the third quarter of the financial year 2010. But Mr. Mike von Höne, the chief executive for TransUnion says he did not expect the prices to increase in 2010. He said as observed car prizes increase each year and the rise is mainly observed in the fourth quarter with a hike of 4.7 percent and an overall hike each year is observed to be 4.3 percent. But there was an exceptional price increase in 2009 which made him believe that the prices should not go up this year in 2010.

But the figures by Econometric revealed higher figures. Econometric calculates the price of the vehicle before any discounts or promotional deals and compares the growth based on these prices. So according to them the prices of new cars increase by 6.06 percent every fourth quarter of the year whereas last year this figure was observed to be 7 percent.Though TransUnion and Econometric both observed an increase in the prices of new cars TransUnion also said that the cars of used cars continued to fall further. Used cars are not able to hold their value even though the prices for the new cars increase. Mr. Mike von Höne said that this may be due to the increasing stock of used cars. He says that the number of used cars is increasing each day giving the consumers more choice in the same category. Thus the demand and supply ratio being in favour of the consumers has made the prices drop even further.

With motorpark new car dealers you can buy a new car more easily than you think. You can search your desired potential car by just entering your post code and budget with motorparks car dealers.

Previous Post : Mazda gets better

Mazda gets better

Mazda launches three new model for Mazda5, Mazda2 and Mazda3 range all to make it better and beat the competition. The facelift involves a lot if changes mechanically and technically.Mazda5 gets even powerful with increased torque and increased horsepower of 115bhp. Surprisingly it's diesel engine size is now reduced by 400cc to 1.6 litre from the old engine of 2 litre and still the car runs faster than the old one. The lower engine size of this MUV will give a lot of advantage to the Environment and the consumers; the environment because the CO2 emission is reduced by almost to 138 grams per kilometre driven which previously was 158g/km. The figures are impressive as the car can accommodate seven people comfortably.

The lower engine size also means lower taxes as the Mazda5 now falls in Tax B category with a yearly tax of just €156. This will also benefit the consumers in terms of insurance as the reduced engine size will mean lower insurance as well. You can make the Mazda5 yours in €24,995 and the top end will cost you €29,995.The Mazda3 too gets more powerful with 115bhp which was previously 109bhp. The Mazda3 too gets more economical friendly with lower emissions and less CO2 emissions. Prices for the Mazda3 will start at €21,295.

Mazda car has enjoyed a huge success globally, this car has dealers overall UK. You can find all Mazda dealers online who offer you widest range of quality Mazda cars as per your budget.

The Mazda2 has not undergone major changes but a few alterations have been done to the suspensions of the car. The two variants of the car will give you an option of two different engines. Both of them are 1.3 litter petrol engine but with different power of 75 and 84bhp.There was another big news from Mazda as during the launch of Mazda5, Mazda announced it's new country manager for Ireland, Michael Howe. Mr. Howe is very positive about the business is year and reviled that Mazda sales are already up by 42 percent as compared to last years sales till this period. He also added that the models are all with a perfect range and prices to suit all the different consumers in the market. Mazda, he says will be able to satisfy all the different motorist.

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