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PostPosted: Mon Jun 04, 2012 3:03 pm 
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Brummie Cabbie wrote:
Dusty Bin wrote:
toots wrote:
I don't think there was any comment about not getting finance on phvs in any area and to be fair people generally get finance on a vehicle when it's ph. They do not specifically go for a phv do they?

My point was in relation to the claim that vehicle finance depended on restricted taxi numbers, thus to that extent no finance would be available on any PH, new or old.

That's not what the guy said.


Well if his logic stacks up then surely that's the logical conclusion.


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PostPosted: Mon Jun 04, 2012 3:06 pm 
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Brummie Cabbie wrote:
That IMO does fall somewhat into the same category.

Except that we are talking about hiring a vehicle and driving that vehicle wherever you wish, as opposed to having to work, by the law of the land, for an operator on his terms, not yours.

Legalised slaves R Us!


Well there are numerous different scenarios, clearly, but even if a jockey hiring a car in a restricted area has it 24/7, full collar or whatever it's called, he clearly has more freedom than the average PH driver, but he's still not free to operate his own vehicle under his own name.


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PostPosted: Mon Jun 04, 2012 4:53 pm 
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toots wrote:
With regards to getting finance on WAVs it is difficult to obtain here and as far as I can make out, unless you have other means of obtaining a personal loan that is not for specific use, the only company that seems to be financing anyone here is Cab Direct.

Since the recession started I have got finance from two different specialist vehicle finance companies, and I suspect I could have got similar finance from the banks.

However the specialist taxi/PH financiers had a better rate. :?

You also only have to look in PHM to see firms guaranteeing finance (no-doubt a high rate %).

Which sort of flies in the face of what that vehicle man said at Coventry. :?

But what in effect the vehicle man said is akin to the banks saying lets give Greece zillions of euros because we did that in the past.

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PostPosted: Mon Jun 04, 2012 5:32 pm 
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Sussex wrote:
toots wrote:
With regards to getting finance on WAVs it is difficult to obtain here and as far as I can make out, unless you have other means of obtaining a personal loan that is not for specific use, the only company that seems to be financing anyone here is Cab Direct.

Since the recession started I have got finance from two different specialist vehicle finance companies, and I suspect I could have got similar finance from the banks.

However the specialist taxi/PH financiers had a better rate. :?

You also only have to look in PHM to see firms guaranteeing finance (no-doubt a high rate %).

Which sort of flies in the face of what that vehicle man said at Coventry. :?

But what in effect the vehicle man said is akin to the banks saying lets give Greece zillions of euros because we did that in the past.

What vehicle did you buy, it wasn't a Mondale was it. and how easy is that to resell as a second-hand vehicle.... a vast market, not like a second hand wheelchair accessible vehicle and no were near the price...

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PostPosted: Mon Jun 04, 2012 5:48 pm 
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What the Law Commission have to look into is the knock-on effect of their decisions, which are many, like the supply of wheelchair accessible vehicles, why should anybody buy one if they reduce the income of the taxi trade, people will simply discard the wheelchair accessible vehicle and buy a saloon vehicle, while the private hire drivers have the advantage of driving vehicles that are a great deal cheaper to run, where will this leave the council's, how will they fulfil their obligations to the disabled, private hire have been exempt from providing wheelchair accessible vehicles.

If drivers discards wheelchair accessible vehicles.... then the the cost to the disabled for Transport will greatly increase.. as people say supply and demand.... what will happen to the manufacturers... will they call it a day... No Demand..... or because of a shortage of demand will the price get higher.... supply and demand...

you have to make a comparison as to what would happen if all road markings were removed, all road signs, what would the chaos be then. if you got up in the morning and found that a car had been parked across your drive.. and you couldn't get your vehicle out you'd certainly have something to say.

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PostPosted: Mon Jun 04, 2012 6:11 pm 
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MR T wrote:
What vehicle did you buy, it wasn't a Mondale was it. and how easy is that to resell as a second-hand vehicle.... a vast market, not like a second hand wheelchair accessible vehicle and no were near the price...

I think it's quite easy to sell on to the second hand market the likes of TXs and Vito's, in the main to people who can't get credit.

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PostPosted: Mon Jun 04, 2012 6:13 pm 
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Sussex wrote:
MR T wrote:
What vehicle did you buy, it wasn't a Mondale was it. and how easy is that to resell as a second-hand vehicle.... a vast market, not like a second hand wheelchair accessible vehicle and no were near the price...

I think it's quite easy to sell on to the second hand market the likes of TXs and Vito's, in the main to people who can't get credit.

and how many have you sold

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PostPosted: Mon Jun 04, 2012 6:30 pm 
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Sussex wrote:
MR T wrote:
What vehicle did you buy, it wasn't a Mondale was it. and how easy is that to resell as a second-hand vehicle.... a vast market, not like a second hand wheelchair accessible vehicle and no were near the price...

I think it's quite easy to sell on to the second hand market the likes of TXs and Vito's, in the main to people who can't get credit.


If they can't get credit how are they going to buy it, new or 2nd hand, they shoot money outta their ass ffs :lol:

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PostPosted: Mon Jun 04, 2012 6:33 pm 
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Dusty Bin wrote:
Brummie Cabbie wrote:
That IMO does fall somewhat into the same category.

Except that we are talking about hiring a vehicle and driving that vehicle wherever you wish, as opposed to having to work, by the law of the land, for an operator on his terms, not yours.

Legalised slaves R Us!


Well there are numerous different scenarios, clearly, but even if a jockey hiring a car in a restricted area has it 24/7, full collar or whatever it's called, he clearly has more freedom than the average PH driver, but he's still not free to operate his own vehicle under his own name.


Same scenario as having to rent premises, I can work 24/7 if I want but I'll never own them where I want them, lives a bitch

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PostPosted: Mon Jun 04, 2012 7:31 pm 
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MR T wrote:
and how many have you sold

None, but I don't see 100s of them sitting around gathering dust.

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PostPosted: Mon Jun 04, 2012 7:33 pm 
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toots wrote:
If they can't get credit how are they going to buy it, new or 2nd hand, they shoot money outta their ass ffs :lol:

If they can't get the money for second hand vehicles, then they wont be able to fund a new vehicle no matter how many finance companies there are.

Which was the point the dealer was pursuing at Coventry.

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PostPosted: Mon Jun 04, 2012 8:12 pm 
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Sussex wrote:
toots wrote:
If they can't get credit how are they going to buy it, new or 2nd hand, they shoot money outta their ass ffs :lol:

If they can't get the money for second hand vehicles, then they wont be able to fund a new vehicle no matter how many finance companies there are.

Which was the point the dealer was pursuing at Coventry.

No it was not.

The dealer at the Coventry Show stated that finance companies have pulled out of taxi finance, period.

They don't want the business because they believe the risks are now unacceptable as a business venture.

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PostPosted: Mon Jun 04, 2012 8:17 pm 
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Brummie Cabbie wrote:
No it was not.

The dealer at the Coventry Show stated that finance companies have pulled out of taxi finance, period.

They don't want the business because they believe the risks are now unacceptable as a business venture.

But he was pointed the blame, or at least part of it, to the unrestricted/restricted market issue.

And in my view that's bollocks.

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PostPosted: Mon Jun 04, 2012 8:20 pm 
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Sussex wrote:
Brummie Cabbie wrote:
No it was not.

The dealer at the Coventry Show stated that finance companies have pulled out of taxi finance, period.

They don't want the business because they believe the risks are now unacceptable as a business venture.

But he was pointed the blame, or at least part of it, to the unrestricted/restricted market issue.

And in my view that's bollocks.

You have a right to your view.

I don't agree with your logic.

And the bottom line is, he is the dealer, he knows his business, which is selling taxis.

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Type a message, post your news,
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PostPosted: Mon Jun 04, 2012 9:18 pm 
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Sussex wrote:
Brummie Cabbie wrote:
No it was not.

The dealer at the Coventry Show stated that finance companies have pulled out of taxi finance, period.

They don't want the business because they believe the risks are now unacceptable as a business venture.

But he was pointed the blame, or at least part of it, to the unrestricted/restricted market issue.

And in my view that's bollocks.


But was that his view or the slant put on it by the messenger?

BTW, I think it's bollocks as well.

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