The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hi Mr Tibbles
I didn't know about the diagnostic checker information. The car is always looked after by a VW main dealer and it probably explains why the diagnostic check cost £50, providing a fault is found. It was used on the car a little while ago when the indicator came on. There was an ignition fault - misfiring. This time the indicator has come on but the car drives perfectly well. Perhaps they haven't cleared the memory although a similar thing happened a few years ago. The fault then was something to do with the engine breathing system.
I bought my car new in October 2005. It's a Golf Mk V 1.6 FSI and has been excellent over the years. I don't know much about the mechanical side of cars, but I have read that the Golf MkVI is probably the last Golf to have been built to last about 20 years with careful ownership. The new cars are rubbish, apparently; you'll get 5 years of use if you're lucky. I suppose that reflects how cars are purchased today - you tend to effectively lease rather than own one. So you're encouraged to change vehicles on a regular basis.
I bought a car magazine while on holiday the other week because it had an article on the new E10 petrol. Luckily, my car can use it although I'm am tempted to use the E5 super unleaded - at least for half the time. The car runs well on super unleaded; I tend to do about three consecutive fill-ups with super unleaded every 6 months to give the engine a clean.
I had wanted to wait until the new electric cars go more mainstream before buying a new one. I like the idea of the hydrogen fuel cell; I think they would be more like a petrol car in terms of practicality - five minutes to put the liquid hydrogen in and away you go. A battery electric would be no use to me at the moment - recharge time and distance restrictions. If my car starts to break down more frequently, I may need to get a stop gap car in the meantime. I have a double garage and I'll keep my Golf in there for retirement. Perhaps my daughters will inherit a classic in the years to come! Not quite an e-type Jag or Lotus Elan, but a willing horse. I'll even leave them the hollow stainless steel bar in the boot, that my dad gave me to put over the wheel nut wrench to help me leaver off the wheel nuts in case of a puncture. I just hope the Police never pull me over to take a look in the boot. 'There have been a lot of break-ins recently, madam, with what appears to be a metal bar!'
Talking of tyres, I need to get some before the next MOT. Goodyears!
https://elliottwave-forecast.com/stock-market/goodyear-tire-ramping/
I'll try to post a rant about Boaris - and all politicians - later today. That should annoy a few scamsters.
Hi Red,
Considering your car knowledge you may well know all of this , but in any case it may help if you aren't sure how important the warning light is
https://www.rac.co.uk/drive/advice/know-how/volkswagen-dashboard-warning-lights-what-they-mean/
It's not uncommon for engine management lights to come on after cars have been into some garages who plug in a fault code reader to get the initial fault code do the job , but either because their reader is'nt capable (not all garages want to pay as subscription to the service diagnostics weekly software updates) or because they forget fail to clear down the ECU fault code memory.
Basic fault code readers can be bought for around £15-£30 which are what they are ,OK to give an idea of basic easy to find faults ,but no use at all for much else, especially on newer cars with built in obsolescence as far ECU electronics go!
Bosch diagnostic kit is up there with the very best, if not some of the best, it copes with just about every car on the road, the technicians are required to attend specialised training g courses several times year and the update programme alone, the worship main diagnostics modules cost £4000- £10,000 each and all sorts of smaller units for battery, brake testing etc £60 -£150 each, then the software update subscription of around £4000- £5000 per year,plus technicians training and updating courses usually start at £250 a day plus accommodation if needed.
i have another friend who runs a Mercedes dealership and his manufacturer approved dedicated diagnostics set up started at £25,000, plus all the ongoing updates, however this is not any use at all on other car brands, although he has access to all new car software on the models release, Bosch have to wait 2-3 years to get some dealer only updates on latest models because of cars warranties.
So this puts in perspective the type of OBD readers that some car owners,mobile mechanics and even garages are using and may well be probably is why some car owners warning lights keep coming on.
Boris was good at getting in the press/media as London Mayor, as to doing the job from what people i know who still work in the council have told me, as London Mayor Boris never ever bothered discussing things properly with anyone, or bothering with the detail on anything, he never read emails or memos properly, spent money without considering if there was a budget and lied or bluffed his way out of trouble and if that failed then blamed others.
Problem is he thought he could do the same with the EU and Ireland, Boris has made an awful mess of Brexit and is fortunate that he has the pandemic to divert peoples attention,
The UK is down the lavatory pan, the EU may have problems but they are in a better place than we,Boris has made the the pound and the UK both a joke, just like flying union jacks all over the place when Scotland wants independence,the Welsh,well those stupid buggers are now crying because they voted Brexit, and Ireland, what a
Hi Mr Tibbles
Oh dear, the VW parts story sounds a bit ominous. On Thursday, a warning indicator started glowing on my Golf. I'm taking it in on Tuesday morning next week; the receptionist said lots of the mechanics were pinged, so Tuesday was the earliest time. I hope it's not too expensive.
Yes, I read that our Boaris had to be stopped from employing the 'nuclear option' on article 16 over NI. I bet he took a lot of pursuading (not) - tool.
https://www.telegraph.co.uk/politics/2021/07/24/boris-johnson-talked-triggering-nuclear-option-northern-ireland/
Wall Street Breakfast: Brexit Tensions Resurface
23 July 2021
The Brexit drama is far from over, with the U.K. and EU on a collision course over the rules for Northern Ireland. It was only seven months ago that the two sides came to an agreement on a Brexit deal, but Britain now wants to overhaul the trading system for the territory. The special arrangement was previously inked to avoid a hard border on the island of Ireland and prevent a backdoor for smuggling into the bloc, but the protocol has subsequently resulted in a fractious relationship.
Why is it still an issue? Northern Ireland's status is somewhat of a hybrid as it is still part of the United Kingdom, as well as the European Single Market. That means checks need to be done on goods that are traveling from Great Britain to Northern Ireland to block items from leaking into the EU. Most of the checks are carried out on the Irish sea border, which has caused tensions among the pro-U.K. unionist community in Northern Ireland, which doesn't like the idea of a barrier with the mainland.
U.K. Brexit Minister David Frost now sees the situation as untenable and has proposed a plan to substantially rewrite the Northern Ireland protocol. The deal would largely be based on a light-touch regime and the honesty of traders, whereby businesses would register their transactions and agree to inspections of their supply chains. Meanwhile, a deadline is looming at the end of September, when a series of so-called grace periods come to an end and the full weight of checks are supposed to be applied across Irish sea traffic.
Going further: Frost wants to extend the waiver periods indefinitely, and if the EU doesn't put the current arrangements on hold, he's holding back the option of overriding the entire treaty unilaterally. If that would happen, the EU would likely retaliate with tariffs and sanctions, while the relationship would deteriorate even further. European Commission President Ursula von der Leyen said the EU will be "creative and flexible," but has ruled out renegotiation.
Hi RED,
The UK is already in on ongoing train crash caused by driver Boris and his cabinet of liars , its well under way in Ireland and the shortages on the UK supermarket shelves are more to do with shortage of stock , the mangers of our local Co-op and Lidl stores both confirmed they are receiving a third of their usual deliveries because the distribution warehouses have been told to ration stock to each store so they at least have something put-on the shelves!
My friend who owns the local Bosch car repair franchise has 3 x BMW's , 2 x Audis and 3 x VW 's 3 x Alpha's, 2 x Merc's and Range Rover parked up in the back showroom awaiting outstanding parts deliveries that DHL say are held up due to having to undergo new import procedures which will incur extra charges, incidentally none of he parts were available from main dealers either countrywide.
Two of his best fitters a German and an Italian who waked for him for over 5 years each have both gone home and he can't find suitable replacements , also two of his reception staff are self isolating although they don't know way they were pinged!