Well, it really depends on whether people see the need to have a brand new car on PCP to commute. If they don’t, then secondhand prices for interesting stuff (for enthusiasts))and cheap runabouts (for everyone else) will rise as occasional-use cars will become more in demand. Also bear in mind that the appeal of public transport is also diminished.
The end of furlough + Brexit might prompt a fire sale through those who financed interesting car purchases through the boom years, but people might just hold on to them or stick them on SOR as ‘free’ storage until things bounce back. Otherwise, if you have storage that doesn’t cost a fortune, you might as well keep hold of what you’ve got.
I wouldn’t buy a diesel at the moment, mind.
Which is a pity as there’s an Alpina D4 up for grabs at the mo in metallic teal that, if I was launching a magazine in any other business year, would make a reasonable choice as a financed ‘commuter’.
For me personally, with most meetings on zoom and the occasional photoshoot, a GranSport makes more sense. Only convincing the wife is more of a challenge - ‘why not just use my Beemer?’ She now no longer uses it at all, and sadly her pragmatism is hard to argue with. Sigh.