Looks like it Zac.
The problem is the Bounce Back Loan scheme for smaller businesses. Meant to keep your business afloat during the disruption if the pandemic. However all the money is invested in new cars and machinery.
If you are looking to buy a new mini digger at the moment then earliest delivery is sometime next year! Indespension trailers have a backlog of 30000 trailers and they built roughly 1000 a week.
Prices will come down when smaller businesses have to start paying back the loan. First 12 months you don’t pay anything. Won’t be surprised if it puts some out of business.
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