concept
Well-Known Member
- First Name
- Dave
- Joined
- Sep 1, 2023
- Threads
- 13
- Messages
- 693
- Reaction score
- 498
- Location
- Southern CA
- Car(s)
- 2024 Supra 45th, Mikan 2008 Mazda MX5 PRHT manual
- Thread starter
- #1
It could be easy to verify if you monitor Toyota.com. It did look like sales were slowing, but then again, loan interest rates have been very high.Seen this the other day. It says all allocated lots have been taken, but I firmly believe itās because theyāre not selling, I could be completely wrong though
I didn't see that one, thanks.Yea, about 4 days agoā¦
https://www.supramkv.com/threads/end-of-the-line-for-supra-in-the-uk.20244/
Hopefully I'm not talking out my ass here, but from what I saw on the news, UK home mortgages are not fixed rates for more than 3-5 years so UK households feel a lot more of the pain, not like here in the US where so many people are refinanced @ 2-4% interest for 30 yrs, so higher rates donāt hurt if they arenāt trying to move.It could be easy to verify if you monitor Toyota.com. It did look like sales were slowing, but then again, loan interest rates have been very high.
UK and Canada have 3-5 year adjustable rate mortgages and they are feeling the pain right now. The good news is with inflation coming down as we speak, interest rates should be lower in 2024 and 2025.Hopefully I'm not talking out my ass here, but from what I saw on the news, UK home mortgages are not fixed rates for more than 3-5 years so UK households feel a lot more of the pain, not like here in the US where so many people are refinanced @ 2-4% interest for 30 yrs, so higher rates donāt hurt if they arenāt trying to move.
Iām sure the UK members of this forum would have much more knowledge on this.
Canada has 1-5 year fixed or variable mortgages. I tried to tell my clients not to do 1 year mortgages near the end of covid but they thought they knee better now they're hurting. So many people are. And canada got a bs luxury tax so people kind of have to choose wisely where they put their fun money.UK and Canada have 3-5 year adjustable rate mortgages and they are feeling the pain right now. The good news is with inflation coming down as we speak, interest rates should be lower in 2024 and 2025.
Thanks for the correction. I don't have clients or know anyone in Canada. I wonder if these high interest rates are hurting the Supra in the UK or if the MKV in the UK just lost it's following. I feel like everything I see being built from people in the UK are BMWs like F80s, F87s and even the new G87 is getting popular on youtube it seems. I hope this isn't the end of the MKV due to declining sales.Canada has 1-5 year fixed or variable mortgages. I tried to tell my clients not to do 1 year mortgages near the end of covid but they thought they knee better now they're hurting. So many people are. And canada got a bs luxury tax so people kind of have to choose wisely where they put their fun money.
Doesn't change anything though. Supra is rumored to end in a couple of years regardless. Probably a slow wind down.Thanks for the correction. I don't have clients or know anyone in Canada. I wonder if these high interest rates are hurting the Supra in the UK or if the MKV in the UK just lost it's following. I feel like everything I see being built from people in the UK are BMWs like F80s, F87s and even the new G87 is getting popular on youtube it seems. I hope this isn't the end of the MKV due to declining sales.
Having a limited-edition model is fine with me, also. I just hope part supplies don't dwindle with production.Yea if sales get real slow for the manual or cease to exisist
our Subra s with go up in price Thats s fine with me
I think the few Toyota parts will indeed dwindle but the BMW bits (including the B58) will be around for a long while since they are common with many cars.Having a limited-edition model is fine with me, also. I just hope part supplies don't dwindle with production.
Good point!I think the few Toyota parts will indeed dwindle but the BMW bits (including the B58) will be around for a long while since they are common with many cars.