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Could considering changes to public transport costs affect the prices of leased Ford models?
Could considering changes to public transport costs affect the prices of leased Ford models?
A press release explaining the rumour that there could be an increase in public transport costs and the effect this could have on mid-sized companies. The impact of these proposed changes is also discussed in relation to how it will affect Ford leasing prices and how this could affect rental companies on the whole. Numerous quotes are incorporated from specialists in the industry, like those working within prominent as well as small scale leasing firms and car showrooms.
Stoke-on-Trent,
Staffordshire,
United Kingdom
(prbd.net)
12/12/2010
Current figures and reports have revealed that during the following weeks there could be an increase in public transport costs meaning the more UK motorists will be upgrading their vehicle to a newer model.
This will be of specific importance for leasing companies and could very well have an effect on the overall sales figures within the industry. This is an area that needs to be watched closely by leasing firms so that they can be confident of setting car prices at the best level for British buyers.
Damon Ford, staffer at lease car company McDowells said, It appears that an increase in public transport costs could be extremely significant for mid-sized leasing companies. This will occur because any movement in public transport costs is the sort of thing that changes the habits of consumers and will therefore either make or break the less well know leasing companies.
Even though statistics and reports are a little vague and unsubstantiated at present, it is worth spending some time to figure out how this type of change might affect the field of car leasing as well as the automotive industry as a whole. This is because by looking for possible changes, people in the industry can be in a stronger position to begin changes that allow for the UK public as they contend with the change to public transport costs.
If these changes are implemented then it is expected that driving and spending habits may alter significantly. This is due to motorists, particularly new motorists being greatly influenced by costs like public transport costs meaning that if a different situation comes about it may cause big problems for those who make a profit from the sale and leasing of cars.
Cliff Bryson, from the web magazine Auto Updates, said, These movements could very much affect the rental and sales numbers of specific companies and models. One example of this is the data or the sale of Ford models might show an increase over the coming months, which would inevitably affect the price that lesser firms are offering for these cars.
This could well be if there is in fact an increase in public transport costs then different sales numbers will often lead onto a movement in the price of Ford models and also the availability of deals that many businesses offer. This may be something that could change the habits of consumers and as a result help companies to reach expected sales and leasing targets.
CentralContracts.com Tony Wallace said, Even though there are changes to public transport costs we set our price range at regular intervals they will not fluctuate too wildly in the next quarter. As an example, we stock various different Ford brands which are on offer and indeed Ford leasing deals should be just as popular as ever.
Even if this is the case for CentralContracts.com it might be an unachievable goal for many of the smaller leasing companies as they may be more at the mercy of social change and consumer habits. For those small scale family leasing companies and car showrooms we may see an increase in car prices as they try to make the most of the situation by sustaining the standing of their company.
As of yet, these changes have not been implemented however it is thought that leasing prices may change as of February. Nevertheless some companies have already shifted the price of various models in response to the proposed changes to public transport costs. All of this means that you should shop around before committing to any specific leasing deal as the proposed changes may make prices fluctuate until February, when more is known about the proposed changes to public transport costs.
For more information see following link:
http://www.centralcontracts.com/
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Central Contracts can offer a wide range of funding options to give you the best deal to suit you. We offer all types of financial options including business contract hire, personal contract hire, hire purchase and personal contract purchases. We also offer funding for leasing options including finance lease and lease purchase.
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