Uk Vat Increase

[AygoYugo]

Looks like a 3-door manual Blue has had UK VAT increased by 200 UK pounds sterling.

... to 9494.

Is it worth nine and a half grand ???

[xanderglass]

Looks like a 3-door manual Blue has had UK VAT increased by 200 UK pounds sterling.

... to 9494.

Is it worth nine and a half grand ???

Probably not but I have also heard that Toyota are going to increase their prices as well.

Has anyone else heard about this?

[reece]

Probably not but I have also heard that Toyota are going to increase their prices as well.

Has anyone else heard about this?

There have been 7 price increases in Toyotas in the last 12 months. I’ve download the price lists every month so can compare.

A Yaris TR 1.33 (3 door) is £1708.05 more expensive than it was in January 2009 for exactly the same model (it looks like ALL the airbags are now included again for 2010)

That’s not counting any extras like paint VSC Style Packs etc

[Parts-King]

Toyota are not alone with these price increases, EVERY manufacturer has had to do it, a bog standard Ford KA is £9035 and thats without ANY extras like full air bags etc

Kingo

[PaulT]

A Yaris TR 1.33 (3 door) is £1708.05 more expensive than it was in January 2009 for exactly the same model (it looks like ALL the airbags are now included again for 2010)

That's pretty worrying. We are supposed to be in a recession, and you would think that people would have less spending power, so there would be less demand, and manufacturers would not be able to raise prices.

I'm not an economist, but we can speculate on what might have happened. The cumulative effect of the scrappage scheme, low interest rates, the VAT cut and the £200bn quantitative easing process has artificially given a big enough boost to consumer spending power that manufacturers have been able to raise prices and still sell cars.

Great for the car industry in 2009. You may have been supported very effectively by the taxpayer and have been able to take advantage. Now, scrappage is ending, QE should end soon, VAT is going up and interest rates are anybody's guess. What happens next?

Paul.

[ihpj]

There were genuine bargains available within the first few months of the Scrappage Scheme starting. Then came the plethora of reasons why prices had to go up...as with fuel: should it really be that expensive? Of course not. Greed - it got to The Bankers and now also the Car Manufacturers - no lessons learnt.

[SJandMR2]

A Yaris TR 1.33 (3 door) is £1708.05 more expensive than it was in January 2009 for exactly the same model (it looks like ALL the airbags are now included again for 2010)

That's pretty worrying. We are supposed to be in a recession, and you would think that people would have less spending power, so there would be less demand, and manufacturers would not be able to raise prices.

I'm not an economist, but we can speculate on what might have happened. The cumulative effect of the scrappage scheme, low interest rates, the VAT cut and the £200bn quantitative easing process has artificially given a big enough boost to consumer spending power that manufacturers have been able to raise prices and still sell cars.

Great for the car industry in 2009. You may have been supported very effectively by the taxpayer and have been able to take advantage. Now, scrappage is ending, QE should end soon, VAT is going up and interest rates are anybody's guess. What happens next?

Paul.

Pretty scary really but the recession has done this IMO. Silver lining being that second hand Aygo price will better.