Deja vu all over again

We saw Dr P last Monday. The PSA is continuing to creep up: 1.63 is the current score. Context is, as ever, important. At 4 weekly intervals, the last 3 readings were 1.29, 1.44, and 1.63. So the increases are less than 0.2 each time. Dr P said he was “pretty happy” with me, and that’s good enough for me! I still feel fine: the sleep is pretty good, a key component in well-being for me.

Things automotive have been the flavour of the last couple of weeks. Some of you will know that I gave the GT a scrape on the passenger side of the front bumper bar a few weeks ago. I had that fixed last week (coincidentally, the day before taking it in for a service). The guy in the paint shop recognised it as a 2014 model, and said his wife had just sold hers recently. He added that a local second-hand dealer was selling a 2015 GT for about $7,000 more than I paid for mine.

OK, I thought, and checked it out. What he said was spot on. I can’t give a link to that sale, however, as it appears the car has sold, even at that crazy price. As the paint shop guy said — demand for these cars has taken off. While looking through the site, I went down a bit of a rabbit hole. The dealer also had a 2016 Mercedes C180 coupe, with pretty low mileage, at a reduced price. I have always had a fantasy about owning a Benz, so I took it for a spin.

Despite having only a 1.6 litre 4 cylinder engine, it drove very well. The cosmetic condition was pretty good, with just a few minor scratches, which partly explained the reasonable asking price — pretty much in the middle of the Red Book indicated range. The car appears to have had all its required services. (I emphasise this because Benz service histories are now, apparently, entirely digital. So no more logbooks in the glovebox to check.) The salesman gave me a list of dates and kilometres he had obtained by ringing the dealerships at which the car had been serviced, and everything seemed to check out.

Anyway, I researched this and similar models for sale in Melbourne. C class Benzes are actually quite numerous, being Mercedes’ best seller in Australia. So there was a number of other examples for sale in a similar price range. Sense prevailed, however, when it occurred to me that a Benz that I could afford wasn’t one that I ought to be thinking about buying. Mercedes reliability has been extremely variable for the last several years. Fantasies are one thing, but the reality of buying a seven year old Euro car stuffed to the gills with expensive high tech gadgets was likely to be a lot less fun. I could have bought an extended warranty from the dealer, but I felt it was better to avoid trouble. The GT has had absolutely zip go wrong with it in the three years in which I’ve owned it — and it’s fun to drive. As the paint shop guy said — you can’t go wrong with Toyota.

Strange things are happening in the car market. I’m very glad that we paid a deposit in November for a Toyota RAV4 hybrid. At that time we were quoted a waiting period of 3 to 4 months. Had we gone for a Cruiser, which is the model underneath ours, we would have had a 10 month wait. Someone ordering a RAV4 now is being quoted delivery around Easter, 2023. Toyota has paused production at several of its Japanese factories. The one which produces RAV4s has, at this stage, only been paused for a couple of days. All these delays will obviously push out wait times, already pretty decent.

What’s going on here? Household savings have jumped under lockdown. One of the few things that people could spend their spare cash on was a new car in which to go travelling around their state (whenever they could actually do this). The crazy wait times for new cars have pushed up the prices of second hand ones. Specifically too, the RAV4 is a car that is in high demand. The reasons for this are apparent to everyone who takes one for a drive. It is just the right size — less hulking than a Land Cruiser, less poky than a C-HR. Its being available in a hybrid makes it even more attractive.

Apparently, also, there is a world-wide shortage of semiconductors, of which modern cars have an increasing number. Intel is building a couple of new factories to supply this demand, but they will take a couple of years to come on stream. Meanwhile, most semiconductors are manufactured in PRC. Someone posting to a discussion list muttered darkly that MG, now under Chinese ownership, doesn’t seem to be affected by this shortage. Conspiracy theorists take note –today your garage, tomorrow the world!

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