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NEW CAR SALES in Ireland have jumped by 24% in the first six months of the year, with almost 66,000 vehicles sold so far in 2014.
Industry website motorcheck.ie said that if the trend continues to the end of the year new car sales could clear 90,000 for the year.
The increase is largely being driven by positive consumer sentiment returning to the economy in the latter stages of last year, with many buyers deciding to go ahead with purchases that they had been putting off during the recession.
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Data from the CSO shows that the auto trade has been among the strongest performing sectors in the economy, with spending on cars a main driver of resurgent retail spending so far this year.
Motorcheck.ie managing director Michael Rochford said that the market is also being helped by trade-in and vendor finance offers currently being pushed by major manufacturers.
He said that around 26% of new vehicle purchases are completed with the aid of some sort of vendor finance.
The top selling brands in Ireland so far this year are Volkswagen, Toyota, Ford and Hyundai, with the VW Golf, Nissan Quashqai, Ford Focus and Toyota Corrolla the most popular models.
Businesses are also re-investing in commercial fleets, with a 43% increase in units shifted during the first half of 2014, with the Ford Transit, Volkswagen Caddy, Citroen Berlingo and Land Rover discovery leading the pack in sales.
Could you afford to buy a new car this year?
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I can’t believe how people will knowingly try to take advantage of an honest mistake made by another party, and then seem outraged and victimised when their attempts fail.
Have you met the people/public?
Here we have an example of mr perfect.goodie 2 shoes 2012..
Im sure of it was an item that you wanted and similar happened to you,you would have a rant..
A lot of Mothers are going to be disappointed on Sunday…..
Every little helps my ass….
iPaid
Well so long as they are getting every little bit
Or even Every Lidl helps !!!!!!!!!
I’m sure that if a transaction was completed they’re legally obliged to fulfill the order.
This has happened a few times. Didn’t Aer Lingus once sell flights to New York for next to nothing because of an IT error and they had to honor the purchases?
That’s unfortunately not true.
“If a retailer makes a mistake and the actual price for the item is more than that displayed the retailers have certain rights. They do not automatically have to sell you the goods at the price stated”
€5 business class to New York, I don’t think Aer Lingus ended up giving them anything. I really got no problem with any company canceling orders when the prices are so unbelievable that it is extremely unlikely not to have been an error.
Tesco is not your friend
Basic contract law at play here. When a seller offers an item for sale he is inviting the buyer to pay a stated price. The seller does not legally have to accept the offer from the buyer. This is why Tesco have no legal obligation in this instance.
But by accepting the €50 does that mean the deal is done?
The seller invited to treat at that price. The purchaser offered to buy. The seller accepted the offer by accepting the €50 in some instances. Tesco have a problem, I reckon.
They have a secondary problem with Apple.
In fairness anyone who tried to order one of them at 50 was just chancing there arm!! As far as Tesco’s goes I reckon the cheesier the ad they or any other big company put on tv saying how much the care about customers the less they actually give a shit. Step forward VHI.
Guess they can’t afford it. Not!!!!!!!!!!!!!!!!!!!!!!!!!
I.T. Error? Some idiot typed the wrong price in.
very little helps
Well it seems to have generated a lot of FREE publicity. Smart move Tesco marketeers!!
It would be illegal to sell it at £50 anyway. Under pricing.
The ban on below cost selling ended when the groceries order act was repealed. That said, retailers are motivated by profit and don’t want to sell at a loss
If some one is over-technical at the self checkout next time you have a problem ….. It’s the guy who got demoted after this cock up .
I wonder if some idiot input the price of the iPad that tesco buys it for? That would be some mark-up! Wouldn’t surprise me though.
Jason. I studied business and contract law in a simpler time… pre-Internet selling. I don’t know exactly. Good point.
Their “terms and conditions” form
part of the offer to treat. By accepting the offer you accept these conditions which include their exemption or “get out clause”
I wasn’t having a dig, just curious. Theres so much laws out there i cant make heads or tails of most of them.
I’m sure there’s a P45 floating around Tesco’s I.T. dept. this morning, looking for some poor unfortunate’s desk to land on.
or he may get a rise; no such thing as bad publicity apparently.
or ‘she’!
The invitation to treat principle should get them off..
Advertising
Is there not some law regarding false advertising?
The courts will accept a defence of genuine mistake.
I suspect the page was a mock up ready to go live as soon as the product is made available for sale and the retail price agreed , with ” any old price” for the mockup. And then someone pressed the wrong button…………..
I’m sure it was.
Just thinking though that if you saw a product advertised at a price, bought it at that price are you not entering a legal contract to purchase the item at the advertised price? Mistake or not would they not be guilty of false advertising?
Just teasing it out…
If money has changed hands they have to honour it
Iwish I paid €50 for my iPad I guess every little helps them.
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