SPECULATION IN MOTOR CARS.

Taihape Daily Times, Volume XI, Issue 3396, 29 January 1920, Page 2

SPECULATION IN MOTOR CARS.

The speculator is becoming -.1 menace in the English motor trade. Getting in early, anid securing supp.:i«-.< of the most popular makes of cap, he then passes them on to impatient. m.ote.ris~t.~' at prices greatly in ~.ldv:tn-.:e of :he makers’ retail figures. The RollsRoyce Company have been one of the victilns of this class of trade. =;lnd with a View of uendeavouring to minimise the trouble, have issiieél the following letter to the English press. “During the war our second nand cliztssis changed hands at fantastic prices. Now very lal'ge sums of money are being paid to people who liave Ordered their postwar chassis for the right of pie cedent in delivery secured by them. The abnorinal demland is exciting‘ the eupidity of speculators. We have for some time refused orders for our chassis from those ivho are obviously ordering with a view to -selling at a premium. We have done this solely" for the protection of the bona fide purclraser who intends. to use the car he ,buys.. We have inserted a clause in our order form whereby we claim the right to refuse delivery of :1 car if we find it has been ordered for the pur--13053 of‘ speculation, and we, in common with all reputable motor factories, are doing our best. to stamp out speculation and to protect the true motorist.”