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Reference documents
Recession bargains
posted by Rob on February 4, 2009 09:03 AM

This is a bit anecdotal, but every day I read in the paper about jobs lost and profits evaporating. And I read about prices slashed and record discounts offered. But strangely, I haven't managed to pay less for anything yet. Not that I look upon a recession just as a way of snapping up some bargains. I just find it strange that nothing I've wanted to buy in the last few months has been reduced. Perhaps I'm buying the 'wrong' things. But weirdly, my mum is trying to buy a new car at the moment and we all know that the car industry is really struggling with its mountains of unsold inventory.
She's visited dealers for four different makes of car and none of them were interested in doing any sort of deal on a mid-sized SUV. Full list price only. The fifth dealership did offer her a deal, which was scuppered by the fact that they were out of stock of what she wanted and couldn't find any stock anywhere else in the UK. Weird, huh? So have any of you found a silver lining yet and picked up a recession bargain?
Comments: 3
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Cars will probably go up: the pound's slide means imports have increased in cost, and we import many of our cars and most of our raw materials. I think GM announced a price increase yesterday.
The only thing I've noticed that's got cheaper recently is my broadband. Only a couple of quid, but no complaints from me.
Posted by: RobC on February 4, 2009 10:34 AM
Petrol is going up and down like a yo-yo, although at least I'm now saving £10 on a tankful compared to it's peak last year.
Posted by: NaomiM on February 4, 2009 11:04 AM
I know just what you mean. My life is pretty much exactly the same as it was a year ago, before any of the panic started. (Our firm has a bit less money to throw around, but it's not a consequence of the recession at all.)
Posted by: KatharineC on February 4, 2009 01:03 PM