41.
asked the Parliamentary Secretary to the Ministry of War Transport whether he is aware that second-hand motor-cars of small horse-power cost now twice their price new in 1939; and what action he proposes to take in the matter?
I am aware that the prices of second-hand motor vehicles of various classes have substantially increased. My Noble Friend is appointing a small panel of consulting engineers to investigate the facts and to report to me.
Will the Minister consider this as a matter of urgency as owners of high-powered cars are now being asked to economise in petrol by exchanging them for low-powered cars? Is he aware that such owners are being asked to make a big sacrifice, in view of the fact that high-powered cars can be sold only at "knock-down" prices whereas small-powered cars are selling at twice their value?
This matter is being treated as a matter of urgency. The committee of experts is to meet this week.
In what respect are the committee of consulting engineers experts on this matter?
They are engineers who have very special experience in regard to the value of motor cars, both second-hand and new.