Translate Page To German Tranlate Page To Spanish Translate Page To French Translate Page To Italian Translate Page To Japanese Translate Page To Korean Translate Page To Portuguese Translate Page To Chinese
  Number Times Read : 1045    Word Count: 2008  
Categories

Arts & Entertainment
Business
Career
Cars and Trucks
Celebrities
Communications
Computers
Culture and Society
Disease & Illness
Environment
Fashion
Finance
Food & Beverage
Health & Fitness
Hobbies
Home & Family
Inspirational
Internet Business
Legal
Online Shopping
Pets & Animals
Politics
Product Reviews
Recreation & Sports
Reference & Education
Religion
Self Improvement
Travel & Leisure
Vehicles
Womens Issues
Writing & Speaking
 


   

Are We Being Priced Off The Road



[Valid RSS feed]  Category Rss Feed - http://articlespromoter.com/rss.php?rss=257
By : Catherine Harvey    99 or more times read
Submitted 0000-00-00 00:00:00
It's not so long ago that protests over the rising cost of fuel saw the streets bare after refineries were blockaded in an attempt to make the government listen to the public and reduce the tax burden on us. They say the rising costs are in aid of the environment but very few people believe this to be true any longer. And it looks as though the blockades will be happening again in the near future.

Today saw convoys of lorry's making their way to deliver a petition to number ten Downing Street and also slow moving convoys on the M4 in Wales all making protests at the fact that tax on diesel has seen prices rise from 70 pence per litre in 1999 to a ridiculous 114 pence this year. Unleaded fuel has gone from 73 pence per litre to 125 pence per litre in just nine years. Salaries have not increased to match the cost of getting to work and companies are not seeing that sort of hike in profits so everybody is losing out.

In fact, because of this recession the world is currently on the brink of, car manufacturer BMW have seen profits drop to such a degree that they have had to raise the price of their Series 5 and X5 sports utility vehicle sales in the US. They say this is because the dollar has dropped so much against the Euro and this now sees them with a 2,000 euro loss for each BMW sold in the US.

With 22 per cent of BMW car sales in the US, that equates to quite a loss on profits over the course of a year and this is the reason they've bumped up the price by one per cent. A BMW spokesperson say that this is the first price increase since March 2007 and will become effective on June 1st. The dollar fell eight per cent against the Euro and has stung the car manufacturers who make so much of their money in the US.

BMW have also raised the cost of lease vehicles by three per cent this last year and car hire companies have all raised their prices to make up for the rising cost of the vehicles themselves.

Not content with fleecing us with the price of new cars and petrol price hikes, here in the UK we now have to deal with the ever increasing road tax. A sliding scale is being introduced and will work out how much road tax you pay per year depending on many factors including the age of your vehicle and its engine size. This, at one point, didn't bother those of us with older cars but we will no longer be getting away with anything.

For many years, the Government have made old cars exempt from the painful costs of road tax but have now quietly withdrawn this privilege. Those older vehicles with the larger engine sizes will be just as prone to rising car tax prices as the rest of us.

So, that's the basic cost of buying a car that's increased. Try to lease one and that will see you out of pocket too. If you have one already you will be stung by the cost of road tax and if you get past this problem you then have no choice but to pay the ridiculous price of fuel. The government may well be trying to convince us that this is the answer to pollution and saving the environment but most people will be doubting that - especially when they can no longer afford to go to work or their bosses can no longer afford to run their companies. This will have the knock on effect of causing more down turn in the economy and more uprising against the Government. Somebody have a word!
Author Resource:- Transport expert Catherine Harvey looks at the reason behind the rising cost of a BMW and how difficult it will be to keep it on the road.
Article From Articles Promoter Article Directory

HTML Ready Article. Click on the "Copy" button to copy into your clipboard.




Firefox users please select/copy/paste as usual
New Members
select
Sign up
select
learn more
Affiliate Sign in
Affiliate Sign In
 
Nav Menu
Home
Login
Submit Articles
Submission Guidelines
Top Articles
Link Directory
About Us
Contact Us
Privacy Policy
RSS Feeds

Actions
Print This Article
Add To Favorites

 

Free Article Submission

Website Security Test