Gransnet forums

News & politics

Inflation is now zero, will you delay purchases?

(17 Posts)
Nonnie Tue 24-Mar-15 13:08:33

It has been suggested that now inflation has ceased some will put of purchases in the hope that prices will drop further. What do you think? Will you delay in the hope of cheaper prices eventually or make the most of them as they are now?

janerowena Tue 24-Mar-15 14:24:40

If you can work like that with your finances, then good luck to you. I have to buy things we need in the months when there aren't at least ten family birthdays, or Christmas, to cope with.

Charleygirl Tue 24-Mar-15 15:29:34

Unfortunately I cannot. My car, washing machine and computer each decided to take a permanent holiday within a fortnight of each other and I cannot live without any of them so it has been hard since Christmas.

Nonnie Tue 24-Mar-15 15:32:32

I think the economy gas worked so all these indexes come at the right time so I won't be putting off any purchases. Don't think much improves after elections.

FlicketyB Tue 24-Mar-15 18:47:48

I buy things when I need them, not before, nor do I delay buying them once they are needed.

I think these delayed purchases refer to the kind of people who refit their kitchens/change all their appliances/buy a new car every time fashion changes or a new model comes out.

Ana Tue 24-Mar-15 18:49:07

Yes, hardly worth waiting about at our age! grin

jinglbellsfrocks Tue 24-Mar-15 18:51:41

Ana! shock grin

janerowena Wed 25-Mar-15 12:08:27

grin

rosequartz Wed 25-Mar-15 12:17:57

I want a new kitchen, the house to be re-furbished, ceilings plastered etc.

But that is want, not need, and I can't because I have just bought a new(ish) car! grin
At least I can sit in that if I feel fed up, I may even be able to afford some fuel for it!

J52 Wed 25-Mar-15 13:07:02

It's not always the cost of having work done that is the issue, it's the 20% VAT put that ups the price, £3000 to paint a house, suddenly becomes £3600!

x

harrigran Wed 25-Mar-15 13:36:02

I buy as and when needed, don't even think about inflation.

rosequartz Wed 25-Mar-15 14:00:09

Is that painting the outside of the house, J52?

Ours cost about a quarter of that (but perhaps your house is four times bigger than mine grin)

Oh - we are only half rendered, so perhaps our house is half as big!!

Jane10 Wed 25-Mar-15 14:02:46

Its hard to believe we actually have zero inflation. I just always assumed inflation would go up. Just used to it I guess. I read today that apparently its 'good' inflation though. So that's all right! (whatever that means)

J52 Wed 25-Mar-15 14:03:36

Yes it was painting the whole outside. I actually thought it was not a bad price, considering the work involved.

I know VAT is a tax that everyone pays etc. but it does seem like your paying for nothing at the time!

x

rosesarered Wed 25-Mar-15 14:07:46

We will buy a big item if we really need it, however we would like a new bathroom, but will wait awhile for that, as we just had a good holiday and you can't have everything.

rosequartz Wed 25-Mar-15 14:09:05

We did get a very good price and we are very pleased with it.
The 20% VAT is very annoying though, as George was not actually here himself wielding a paintbrush.

Teetime Wed 25-Mar-15 14:16:22

No we only replace things when they are needed not simply wanted. The really worrying thing is that this means no pension rise next year for those of us on index linked pensions but there will still be price rises.