UK QUESTION: how to write a for sale advert for CAT C car easy repair?
Mar 02, 2010 by ~ | Posted in Buying & Selling
i have a 1999 ford escort 1.6 petrol with MOT and TAX, CAT C, Easy Repair.
this is the problem i have:
i bought a ford escort on 01/06/2009 for the sum of ВЈ550. the escort had a valid tax but not MOT.
for
i would just get in touch with your local scrap yard (car dismantlers) and arrange for it to be removed that way, they usually will pay you to take it away if you really want shut of it fast. I wouldn't personally spend anymore money on it i.e.advertising
| Mar 02, 2010
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Oil is a crucial factor in the price of petrol. With Brent crude at an 18-month high of about $87 (ВЈ56) a barrel, rises in the wholesale price of fuel have produced steady petrol price increases since the beginning of the year.
Having said that, the price of oil is a far cry from its peak of $147 reached in July 2008 – some 69% higher than today.
That spike was driven by soaring demand from China and other developing nations, dwindling petroleum reserves, increased unrest in the Middle East and greater pressure from oil speculators.
China is still displaying a healthy thirst for oil. This has helped to push Brent crude up by more than $35 (ВЈ23 at today’s exchange rate) or 67.6% in the past 12 months, according to figures from investment website Digital Look.
Speculators push up prices
Petrol refining companies and investment banks can push the price of petrol higher through speculation – that is, investing in a commodity to try to influence the price by limiting supply.
With global interest rates at a prolonged low and the stock market rally appearing to have run out of steam, speculators know that investors will be looking for returns from other asset classes such as commodities, including petrol.
Why oil prices are headed for a fall
Blame the weak pound… As oil is priced in dollars, movements in the dollar exchange rate affect the price of oil in other currencies.
If the dollar gets stronger against sterling, anyone using pounds to buy petrol will have to pay more than when the dollar is weak.
When the price of oil was $147 a barrel, ВЈ1 bought you $2. Now ВЈ1 buys you $1.55. That means to buy the same oil, we need to spend 22.5% more. This difference filters down to what we are charged when filling up.
Free guides on making money from exchange rates
…And the taxman
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