Well, now we have Brexited, I wonder if this will affect the price range and value for money of imported cars like ours?

Though I like my 1.4 TSi  a lot  I feel it had crept well away from the great value-for-money prices of my first 3 Octys.

Pound devaluation won't help

If the currency stays like it is, I am sure the costs will have to be passed on. Not only that be fuel prices will be going up as well, given that oil is priced in dollars. Separate changes to prices will be down to whatever trade deal we make with the EU over the next 2-3 years.

 

So unless the currency recovers, imports will be around 10% more expensive. Also expect increases for UK made cars, as they still buy materials from other countries.

Edited 24 June, 20169 yr by WayTooTall

way too early to tell

I guess Skoda Octavia price will be one of lesser problems to worry in years to come...

Whilst currency conversion rates will be one of the biggest factors, market trends play a large part in price too - if people aren't buying cars, prices drop to a level where people are prepared to pay for them.

I'm just gutted that I'll have to buy 4 new number plates without the EU flag...

Doesn't matter how the pound /Euro exchange rates change up or down new Skoda prices go up at least twice a year. They never go down in price.

What has the eu got to do with us buying crude oil we don't buy it off the eu don't believe all the b****hit that they are trying to scare you with, if the price goes up for our cars guess what we don't buy them then they are left with stock on the line, which to any business man is not good business, the markets will level off. Guess what people Europe still needs our market as does the world  

What has the eu got to do with us buying crude oil we don't buy it off the eu don't believe all the b****hit that they are trying to scare you with, if the price goes up for our cars guess what we don't buy them then they are left with stock on the line, which to any business man is not good business, the markets will level off. Guess what people Europe still needs our market as does the world

Oil is priced in dollars. Pound go down against dollar and oil price go up in pounds.

Pound go down against euro, skoda get more expensive.

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I'm left to wonder whether there will be any UK made cars without easy exports to the EU. I was considering buying a Qashqai before picking the Octy, but it may not make financial sense to build cars for what is now a tiny, glutted market. Without big subsidies UK car manufacturing will go the way of Aussie manufacturing.

I'm left to wonder whether there will be any UK made cars without easy exports to the EU. I was considering buying a Qashqai before picking the Octy, but it may not make financial sense to build cars for what is now a tiny, glutted market. Without big subsidies UK car manufacturing will go the way of Aussie manufacturing.

The UK makes plenty Jaguars and Land Rovers that are exported to countries outside the EU. This won't change.

The UK is also the biggest export market for most German brands, so I doubt they'll want to stop making cars for us.

Granted, there may be problems ahead with trade and exchange rates but it won't all be doom and gloom. Once the uncertainty is out of the way this may help the £ to recover some losses against other currencies and we can then start looking forward again. We will export and import to/from the countries that want to trade with us. The EU has plenty problems of its own to deal with besides negotiating our exit, most notably preventing other members from leaving and plugging a hole in its budget without UK contribution.

I figured JLR, RR, Bentley and other british luxury marques will remain. They can absorb the cost more readily and being British is a part of their identity. But the mainstream car makers, the ones that compete more directly with the likes of Skoda, will have a rougher time of it.

Not necessarily, the £ being weakened in the interim against the € will give them a competitive edge on exports against cars manufactured in the euro zone.

Not necessarily, the £ being weakened in the interim against the € will give them a competitive edge on exports against cars manufactured in the euro zone.

Assuming that exceeds the increase in the costs of raw materials (steel and aluminium etc) and components being imported.

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There is a massive international surplus in supplies of steel at the moment. The Chinese are practically giving it away. This will end in time but I'm sure if it changed and we struggled badly for long enough the closures of UK steel manufacturing plants would be reversed.

Whilst currency conversion rates will be one of the biggest factors, market trends play a large part in price too - if people aren't buying cars, prices drop to a level where people are prepared to pay for them.

I'm just gutted that I'll have to buy 4 new number plates without the EU flag...

That's why you get a plate with the English or British flag on in the first place, sod the EU

That's why you get a plate with the English or British flag on in the first place, sod the EU

Mine have Scottish flags on them. My plates were made by a Skoda dealer called Henry Bros in Glasgow.

Heres a pic

Quite right too. I remember being in Maryland just after 9/11 and just about every car and truck had a stars and stripes sticker somewhere on it.

 

And here folk get told off for putting up a union jack somewhere. Well, not any more maybe!!

Manufacturers charge whatever people will pay. Octavia VRS' are currently being imported by car supermarkets such as Motorpoint from Malta and Cyprus with savings of ~£7k over UK Dealers. Prices tend to mirror demand & supply rather than variations on exchange rates. If we all end up poorer prices will fall. If Brexit actually makes us richer (long-term) then they will rise.

Ironically we so loved buying euro cars for the last 30 odd years that our UK manufacturer went bust (mg rover).

As lovely as JLR products are, they aren't really affordable to the average person.

They market to the ever growing elite.

If car manufacturers or such want to sell their produce they'll do everything possible to make a sale..

My take is that the move in exchange rates will make the cars more expensive in pounds, As prices and offers are changed quarterly I don't see any change in price next week (they went up in April).

Interest rates are more difficult, they are likely to creep up to curb import led inflation, most imports are priced in dollars, however there might be a lot of uncertainty (lots of jobs are under threat of moving abroad) which delays purchases of big ticket items (cars, houses, furniture etc), so could easily see a collapse in car sales and lots of new offers in September.

My view is if you have a choice, wait 2 or 3 months as I think there is about to be a collapse of confidence so will be plenty of unsold stock once cars already on order are delivered, so expect a lot of offers, free fuel, extra deposit contribution, servicing, loyalty bonus etc in Autumn

Lets just imagine that prices did affect car imports from EU......

Would you buy a modern revamped MG if this offered a trade pricing advantage over imports from EU ?

 

I'm not that keen on their current line up, some aspects are tacky at the moment which is what people see and generalise seeing them as cheap and nasty,

but it would only take them to introduce some new ideas direction, e.g. more equivalent to vRS than bargain basement MG models, could generate a lot of interest if they produced reliable, stylish models withOUT the nasty electronic gimmicky and poor branding.

 

Then there is non EU models like Kia with there massive warranty....tons of options. Jap models too.

 

No need to hamper over pro EU brands if they levy an excess for buying, it just increases the reason not to buy something German for instance ( if you need any more reason not to than there already is !). Dieselgate anyone.....

Edited 27 June, 20169 yr by vRSAnt

Ironically we so loved buying euro cars for the last 30 odd years that our UK manufacturer went bust (mg rover).

As lovely as JLR products are, they aren't really affordable to the average person.

They market to the ever growing elite.

 

Except an XE isn't that much more than an Octy, so when you look at it it wouldn't take much to make an XE the same price for a lot more kit.

At that point we'll all be in Jaaags. (And Honda)

 

Frankly I think it's about time white van man moved over to vauxhall vans. The transit factor was shut down in southampton as grants were paid by our favourite EU body to move it to Turkey!

(Yes I don't get it either as they're not in the EU).

 

If we want our independence so much, then we're going to have to eat our own dog food. This means buying from british producers, then buying from countries that buy our stuff.

If the EU (Well a few of them, but not all) want to play silly buggers, then we'll be better out and when they've stopped damaging themselves and fallen apart we can set up trade deals with sensible countries.

 

I keep hearing more europe is the solution to Brexit, which clearly is madness.

 

Oh well.

Edited 27 June, 20169 yr by cheezemonkhai