CAR PRICE PROPHETS
New car prices continue to go up with the increased cost of labour and materials, and, of course, sec-ond-hand values rise correspondingly. Many a person who in the last five years attempted to forecast the future trend has been sadly off the mark, but one really wonders how long the gradual increases will, or can, go on. So many -new adverse factors have cropped up of late. The big percentage of new cars directed overseas is one of the main causes of high prices for secondhand cars in Britain, since the whole trouble can be resolved to a case of supply and demand. ,Andthe serious coal shortage threatens to cut production materially. Many English agents are still quoting one and a-half to two years for delivery of new cars ordered now. In the meantime Ford has gained world attention again by announcing the first reduction in price in the U.S.A.
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Bay of Plenty Beacon, Volume 11, Issue 57, 23 July 1947, Page 4
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153CAR PRICE PROPHETS Bay of Plenty Beacon, Volume 11, Issue 57, 23 July 1947, Page 4
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