Vehicle Prices Take a Dip While Fuel Prices Rise

by on 2009/06/29

A few weeks ago the whole nation thought fuel costs were becoming more reasonable, but this has drastically changed once again.

It seems really strange to me, just because of the fact that the vehicle industry have been suffering somewhat and they have now seen a rescue package in the form of the scrappage system. This is simply where the government give you £1000 for new cars and the manufacturers give you another £1000, so in total you get £2000 towards a new car if your vehicle is older than a decade.

It leads you to wonder as to whether or not the increase in fuel prices has been planned to cover the losses incurred from the scrappage scheme. I mean we all know that no one will ever give money for free, especially the government, so there must be something behind this all.

In a sense by increase the tax of fuel the government could be getting their money back from that avenue. We are currently in a huge recession and the cost should be really low, but they are infact higher then ever.

Although the government have stated that they are doing this to help protect the environment, that statement could in fact be true, but I in no way see them losing money to save the planet because that is just not the way that things seem to work in the world.

So to sum up if you are looking to buy a new vehicle that I would literally go for a smaller more economical one as fuel prices will rise further and further.

Do you want to Buy a Smart Car or Buy a Renault


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