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Buying a new Skoda and Brexit

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If I order a new Octavia in the next few weeks and the delivery is not scheduled until after our alleged departure from the European Union is it likely that the deal will be honoured at the price the dealer and I have agreed - does anyone know the rules if the price is forced up outside of Skoda's control?

9 minutes ago, YMe said:

If I order a new Octavia in the next few weeks and the delivery is not scheduled until after our alleged departure from the European Union is it likely that the deal will be honoured at the price the dealer and I have agreed - does anyone know the rules if the price is forced up outside of Skoda's control?

Best to get a written agreement from the dealer stating that if the price goes up from the original agreed price at the time that the order is placed then you have the option to cancel the order and get a full refund if any is required by the dealer unless you are trading in as part of the deposit.:nod:

I had the exact same concern when I was thinking of ordering mine.  According to the Skoda website and brokers such as CarWow or Drive The Deal any increase in price will be passed on.  I raised this with my local dealer and the advised that as they are regulated by the FCA should the price increase at any point up until delivery I would have the option to cancel my order, they even said I would have my deposit refunded.  Another dealer told me something similar, but as I was only at the time they didn't go in to detail.  When I placed my order I made sure to get this in writing.

 

Quote

from Drive the Deal website T's & C's. 

Any changes in the rate of VAT, Road Fund Licence, Vehicle Registration Charge, tariffs or other applicable taxes between the date you place your order and the date your car is registered to you will be passed on to you in full.

 

Thought orders for the Mk3 were off due to the impending Mk4 in september?

Most standard sales contracts only honour the pre-tax price.  

Any VAT or duty changes are your problem.

 

A much bigger problem is that if it looks like one of the leave with no deal fanclub becomes leader, your order may get postponed and not built.  Think about it, if you have a factory making orders for multiple countries, would you build a car that may sit on a dockside awaiting unknown paperwork and which you won’t get paid for until delivered for months. You would switch production to your waiting lists for other countries as they will get delivered and paid for.

 

Try looking up WTO for cars if you aren’t yet aware of what might happen.

 

 

 

9 hours ago, YMe said:

If I order a new Octavia in the next few weeks and the delivery is not scheduled until after our alleged departure from the European Union is it likely that the deal will be honoured at the price the dealer and I have agreed - does anyone know the rules if the price is forced up outside of Skoda's control?

 

I ordered a Kodiaq VRS in March and the dealer specifically told me that if Brexit caused any change in import taxes then Skoda would pass them on to me.

14 hours ago, shrikep15 said:

I had the exact same concern when I was thinking of ordering mine.  According to the Skoda website and brokers such as CarWow or Drive The Deal any increase in price will be passed on.  I raised this with my local dealer and the advised that as they are regulated by the FCA should the price increase at any point up until delivery I would have the option to cancel my order, they even said I would have my deposit refunded.  Another dealer told me something similar, but as I was only at the time they didn't go in to detail.  When I placed my order I made sure to get this in writing.

 

 

 

You did the correct thing.

 

Not sure what that DTD and Carwow quote is all about as it's not worth the paper it's written on. You buy the car from the dealership  (the dealership in turn then pay the broker).  Your contract is with the supplying dealer, not the broker.

 

In any case you'd be able to pull out the deal whether in writing or not if the price increases. Let's pretend you're American and you've just ordered a $30000 Honda (US cars built in Mexico). You then discover Mr Trump has implemented his threat of a 35% import tax. That $30000 car has now become a $40000 car.  On this side of the pond, nobody will hold a gun to your head for that $10000 increase, although they may happily pull the trigger in Trumps America. (then have a lawyer recoup the cost of the bullet from your estate).

But surely all the above is just Project Fear and won't ever happen.......🤐

 

We can just all buy British instead, can't we.

 

Scary to think that so many still believe what they read in The Express and is spouted by Trump and his cronies.

 

3 minutes ago, Flatjack said:

 

We can just all buy British instead, can't we.

 

There will be a lot of McLaren, Morgan and Caterham cars on the roads soon then, they’re the only British owned brands now. 

 

Don’t get me wrong, I’d really quite like a Caterham 7 but I don’t think it’s very practical on a daily basis :giggle: The whole thing is such a disaster. 

 

Back to the point, having ordered a VW in January, there was some cut off date that order prices were to be honoured for (end of Feb I think) but after that all potential increases would be payable by the customer, with the option to cancel with no penalty and refund of deposits. 

 

 

The frustration is that even if Skoda (or any European manufacturer) commissioned a TV advert series and explained the reality of No Deal (or in fact any Brexit probably) it would be immediately countered as wrong by the hard right. Aka "Prove it"

 

The reality really is for the millions of people who enjoy a choice of new cars at an affordable price with access to the European market this will END if we leave on WTO terms.

 

No more cheap lease deals, no more low rate Finance. 

 

And those 'leaders' that want No Deal want it because it will create an even bigger gulf between the have's and have not's.

 

And they can then exploit the poor even more.

 

Going off topic perhaps but the reality here is that Brexit is going to destroy the new car market.

 

43 minutes ago, Flatjack said:

The frustration is that even if Skoda (or any European manufacturer) commissioned a TV advert series and explained the reality of No Deal (or in fact any Brexit probably) it would be immediately countered as wrong by the hard right. Aka "Prove it"

 

The reality really is for the millions of people who enjoy a choice of new cars at an affordable price with access to the European market this will END if we leave on WTO terms.

 

No more cheap lease deals, no more low rate Finance. 

 

And those 'leaders' that want No Deal want it because it will create an even bigger gulf between the have's and have not's.

 

And they can then exploit the poor even more.

 

Going off topic perhaps but the reality here is that Brexit is going to destroy the new car market.

 

 

tenor.gif

1 hour ago, Flatjack said:

Going off topic perhaps but the reality here is that Brexit is going to destroy the new car market.

 

You weren't part of Cameron and Osborne's "Project Fear" scriptwriters, were you?

So you can counter the argument then?

1 hour ago, maffyou said:

There will be a lot of McLaren, Morgan and Caterham cars on the roads soon then, they’re the only British owned brands now. 

 

Don’t get me wrong, I’d really quite like a Caterham 7 but I don’t think it’s very practical on a daily basis :giggle: The whole thing is such a disaster. 

 

Back to the point, having ordered a VW in January, there was some cut off date that order prices were to be honoured for (end of Feb I think) but after that all potential increases would be payable by the customer, with the option to cancel with no penalty and refund of deposits. 

 

 

It was announced on March 9th 2019 that after 110years Morgan was to be sold to an Italian company called Investindustrial. No longer British owned.:D

1 minute ago, shyVRS245 said:

It was announced on March 9th 2019 that after 110years Morgan was to be sold to an Italian company called Investindustrial. No longer British owned.:D

Ah sh*te. Just Caterham and Mclaren it is then. 

 

I’ll spend most of my time in my 7 wet, cold and unable to transport anything bigger than a packet of fags, but I guess I’ll have a smile on my face at least. 

42 minutes ago, maffyou said:

Ah sh*te. Just Caterham and Mclaren it is then. 

 

I’ll spend most of my time in my 7 wet, cold and unable to transport anything bigger than a packet of fags, but I guess I’ll have a smile on my face at least. 

 

McLaren is owned by Bahrain Mumtalakat Holding Company, so not British either

 

 

1 minute ago, SurreyJohn said:

 

McLaren is owned by Bahrain Mumtalakat Holding Company, so not British either

 

 

I didn't want to mention that as he seemed upset hearing about Morgan.:blush

13 minutes ago, SurreyJohn said:

 

McLaren is owned by Bahrain Mumtalakat Holding Company, so not British either

 

 

 

11 minutes ago, shyVRS245 said:

I didn't want to mention that as he seemed upset hearing about Morgan.:blush

So Investindustrial (Italian company) hold an unspecified majority share in Morgan. 

 

And apparently a Malaysian entrepreneur purchased Caterham in 2011. 

 

Good luck buying British cars everyone!

Anyone want to reserect Triumph, Rover or such like? 

 

The asylum awaits those who do. 

1 minute ago, TheWanderer said:

Anyone want to reserect Triumph, Rover or such like? 

 

The asylum awaits those who do. 

These are now lovingly known as classics a bit like the 115bhp Ford Escort XR3i which was briefly infront of me yesterday. Progress sure is a wonderful thing unless you like driving something ancient and slow.;)

With the build quality of some of them, Flintstone power could be the order of the day. 

6 hours ago, Flatjack said:

The reality really is for the millions of people who enjoy a choice of new cars at an affordable price with access to the European market this will END if we leave on WTO terms.

 

No more cheap lease deals, no more low rate Finance.

 

Going off topic perhaps but the reality here is that Brexit is going to destroy the new car market.

 

 

Wonder if you'd care to explain why there will be no more cheape lease deals and low rate finance if we leave on WTO terms?

 

1: Mr Carney and his financial experts at the Bank of England told you that if the UK voted leave, the very next morning the markets would go in to meltdown, the pound would crash, interest rates would rise and unemployment would rise. That was nearly 3 years ago now.

 

2: Canada is outside the EU but they enjoy cheap lease deals and low rates of finance, as do many other non EU countries.

 

I'm just curious how the rest of the world manages to operate if they're not part of the EU.

 


 

 

 

 

1 hour ago, Scot5 said:

 

Wonder if you'd care to explain why there will be no more cheape lease deals and low rate finance if we leave on WTO terms?

 

1: Mr Carney and his financial experts at the Bank of England told you that if the UK voted leave, the very next morning the markets would go in to meltdown, the pound would crash, interest rates would rise and unemployment would rise. That was nearly 3 years ago now.

 

2: Canada is outside the EU but they enjoy cheap lease deals and low rates of finance, as do many other non EU countries.

 

I'm just curious how the rest of the world manages to operate if they're not part of the EU.

The British automotive trade body think it will increase costs: https://www.theguardian.com/business/2018/sep/19/no-deal-brexit-to-fuel-1500-rise-in-cost-of-eu-car-in-uk-says-motor-trade

 

Fortune thinks it will increase costs too: fortune.com/2019/01/31/brexit-uk-auto-industry-damage/

 

Also the pound did crash following the referendum, although the markets didn't quite go into meltdown. The big problem with Brexit is that it's completely unprecedented so no one really knows exactly what will happen, but it's hard to rationally conceive that the outcome can be advantageous to the economy.

What is wrong with our relationship with Europe today?

 

What rational reason is there to risk the economy for key supply chains e.g. cars?

 

Buying a European car will go up in cost if Brexit happens and far far more so in case of no deal.

 

So that impacts us all for no obvious benefit.

 

So who actually does gain from Brexit?

 

I have been struggling with this question for three years!

 

One argument I hear is “buy British” but with a nation addicted to cheap supply from Amazon Prime and cheap finance car deals from overseas manufacturers there are going to be some nasty shocks if this ever happens.

 

Why are one nation tories so against Brexit I wonder?

Edited by Flatjack

11 hours ago, maffyou said:

The British automotive trade body think it will increase costs: https://www.theguardian.com/business/2018/sep/19/no-deal-brexit-to-fuel-1500-rise-in-cost-of-eu-car-in-uk-says-motor-trade

 

Fortune thinks it will increase costs too: fortune.com/2019/01/31/brexit-uk-auto-industry-damage/

 

Also the pound did crash following the referendum, although the markets didn't quite go into meltdown. The big problem with Brexit is that it's completely unprecedented so no one really knows exactly what will happen, but it's hard to rationally conceive that the outcome can be advantageous to the economy.

 

Well let me give some advice to the British Automative Industry, Fortune and others with tunnel vision...

 

I bought my first house in 1987. A few years later I was fortunate I didn't loose it because with interest rates of 15%, most of my income was being spent on a mortgage. Many others were less fortunate and lost their homes. If you wanted to buy a car, you'd be looking to pay around 20% interest. As far as I can remember, we were not trading under WTO rules in the early 90's, we were part of the EU.

 

Interest rates are at a historic low right now, and it has nothing whatsoever to do with being part of the EU. Some folk cannot appreciate that. Are interest rates going to increase at some point? Well of course they are but it's got nothing to do with Brexit etc. As I keep saying, how does the rest of the world manage to get buy being outside the EU?

 

Please don't try to re-write history - the pound did not crash after the referendum. The pound increases / decrease for many reasons, all of which are out of our control. As for exchange rates - I first visited the USA in 1979. From memory the pound was worth just under $4.   The UK was part of the EU in 1979. 

 

What sickens me about the Brexit debate is that all sides are guilty of tunnel visioned short-term views, the financial sector being worst of all, and will blame Brexit for everything.

Edited by Guest

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