Go Back   The 75 and ZT Owners Club Forums > Social Forums > Social Forum
Register FAQ Image Gallery Members List Calendar Mark Forums Read
Notices

Reply
 
Thread Tools Display Modes
Old 16th January 2021, 22:15   #1
macafee2
This is my second home
 
Rover 75 Saloon & Tourer

Join Date: Sep 2012
Location: Lincoln
Posts: 14,890
Thanks: 1,630
Thanked 3,032 Times in 2,181 Posts
Default He who hesitates is lost!

Last year I was after some Dexion 260 slotted angle. I found some but it was 230 miles away and they could not get a courier to deliver due to length and with lock down, I could not travel so I did not buy.

This week I rang again to see if the had a courier, still no but worse, they had sold 75% of what they had and I would have had all they had, 29 x 3m. I'd have it for life, never have to worry again. I bought what they had, 7 lengths for £116 inc vat and they will hold until I can collect.

Looking for another supplier, 5 lengths £150 + vat = £184 just a slight difference in price. Ebay is even more expensive. He who hesitates is lost! I hesitated and I am frustrated with myself and my wife, no cuddle for her tonight!

I should have asked last year if they would hold until I could collect, gggrrrrrr

The company I have ordered from buys in bulk and it will be a month or so before they re order, so I have a note to ring them near the end of Feb.


If the economy is shrinking and people are not spending money on all sorts of projects, why are DIY items not coming down in price, why is petrol/diesel not down in price?

Are prices down on anything? I only seem to see adverts for food where there is a price reduction.

macafee2
macafee2 is offline   Reply With Quote
Old 16th January 2021, 22:41   #2
planenut
Regional Secretary
 
planenut's Avatar
 
Rover 1.8T Tourer

Join Date: May 2007
Location: Heathrow
Posts: 6,935
Thanks: 1,551
Thanked 2,036 Times in 1,264 Posts
Default

Have you had a nose on Gumtree? Sadly a lot of companies are trying to clear shelving.
planenut is offline   Reply With Quote
Old 16th January 2021, 22:59   #3
Steamdrivenandy
Avid contributor
 
Thinking on

Join Date: Oct 2020
Location: Madeley, Staffs
Posts: 188
Thanks: 31
Thanked 37 Times in 25 Posts
Default

In economic theory lack of demand should lead to businesses cutting prices to sell stock. Trouble is that if the margin is tight then there is no room for a price cut. Unless you're in urgent need of cash to fund borrowing then there's no point at selling at a loss.

A large part of fuel prices are tax and the retail seller has a very small profit margin, which even if cut would make little difference to the end price.

Supplies are purchased from enormous companies who buy in crude oil and process it. To get a significant reduction in price requires them to reduce margins or force crude oil producers to accept lower prices. Producers need income and demand is reducing, partly because of Covid, so they are holding out for higher prices to keep overall income up.
__________________
Morris 8 S2 Convertible, Fiat 500C Topolino, 105E Anglia, 1071 Austin Cooper S, MK 3 Cortina, Mk 2 Escorts, Renault 6, Renault 12, Maestro, Talbot Alpine, Citroen BX19, Vauxhall Carltons, Ford Mondeos, RAV4, Volvo 850, Octavia Est., Yaris Verso, Transit Camper, Adria motorhome, Kia Sorento, Kia Cee'd Est., Volvo V70, Yeti, Skoda Scala but where will it end?
Steamdrivenandy is offline   Reply With Quote
Old 16th January 2021, 23:11   #4
trikey
Premium Trader
 
trikey's Avatar
 
Rover 75

Join Date: Nov 2010
Location: Devon
Posts: 33,711
Thanks: 8,837
Thanked 14,831 Times in 8,030 Posts
Default

DIY isn't coming down in price as its all joe public can do being in lockdown.
__________________
Lest we forget..
trikey is offline   Reply With Quote
Old 17th January 2021, 09:21   #5
macafee2
This is my second home
 
Rover 75 Saloon & Tourer

Join Date: Sep 2012
Location: Lincoln
Posts: 14,890
Thanks: 1,630
Thanked 3,032 Times in 2,181 Posts
Default

Quote:
Originally Posted by Steamdrivenandy View Post
In economic theory lack of demand should lead to businesses cutting prices to sell stock. Trouble is that if the margin is tight then there is no room for a price cut. Unless you're in urgent need of cash to fund borrowing then there's no point at selling at a loss.

A large part of fuel prices are tax and the retail seller has a very small profit margin, which even if cut would make little difference to the end price.

Supplies are purchased from enormous companies who buy in crude oil and process it. To get a significant reduction in price requires them to reduce margins or force crude oil producers to accept lower prices. Producers need income and demand is reducing, partly because of Covid, so they are holding out for higher prices to keep overall income up.
Last year during lockdown fuel prices fell. This lockdown they do not seem to have fallen, are there more people buying fuel this lock down?

macafee2
macafee2 is offline   Reply With Quote
Old 17th January 2021, 09:37   #6
Steamdrivenandy
Avid contributor
 
Thinking on

Join Date: Oct 2020
Location: Madeley, Staffs
Posts: 188
Thanks: 31
Thanked 37 Times in 25 Posts
Default

Quote:
Originally Posted by macafee2 View Post
Last year during lockdown fuel prices fell. This lockdown they do not seem to have fallen, are there more people buying fuel this lock down?

macafee2
I don't think fuel sales got back to anywhere near normal levels, even after L1. They were depressed all year, apart from Jan/Feb. I suspect any earlier price reductions were from the base oil price dropping, not from retailers reducing their already slim margins. So unless the producers drop prices again there isn't room for pump reductions.
__________________
Morris 8 S2 Convertible, Fiat 500C Topolino, 105E Anglia, 1071 Austin Cooper S, MK 3 Cortina, Mk 2 Escorts, Renault 6, Renault 12, Maestro, Talbot Alpine, Citroen BX19, Vauxhall Carltons, Ford Mondeos, RAV4, Volvo 850, Octavia Est., Yaris Verso, Transit Camper, Adria motorhome, Kia Sorento, Kia Cee'd Est., Volvo V70, Yeti, Skoda Scala but where will it end?
Steamdrivenandy is offline   Reply With Quote
Old 18th January 2021, 00:33   #7
steve-45
This is my second home
 
steve-45's Avatar
 
Rover 75 Saloon CDTi

Join Date: Oct 2015
Location: Belvedere
Posts: 4,076
Thanks: 108
Thanked 1,089 Times in 774 Posts
Default

Quote:
Originally Posted by macafee2 View Post
Last year during lockdown fuel prices fell. This lockdown they do not seem to have fallen, are there more people buying fuel this lock down?

macafee2
During last years lockdown there were virtually no cars on the road, a tank of fuel lasted nearly 2 months. It was really noticeable when out walking that to see a car drive past was a an event, but under the current lockdown whilst traffic is lighter there are still a lot of cars on the road.
steve-45 is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 16:56.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Copyright © 2006-2023, The Rover 75 & MG ZT Owners Club Ltd