4WD’s Have Their Days Been Numbered?

Friday, 1. August 2008

If you are hell bent on driving a 4 wheel drive I would make the most of it now as auction house Manheim have reported exceptional losses sustained by leasing companies when re-selling end of contract 4WD cars. At the moment manufacturers are offsetting poor resale values with big discounts and bonuses but the long term view is that manufacturers will scale down production and switch the lines over to smaller more desirable ‘greener’ cars. This will mean that they will give away less by way of bonuses making the lease cost of gas guzzling 4WD cars very high.But whilst we are in this honeymoon period and you like 4WD’s now is the time to take one because by the end of the year rates will potentially be horendous and deliveries even worse. Hands up who wants a Hummer? By Graham Hill