Jump to content

Brexit talks have collapsed


Remimax
 Share

Recommended Posts

  • Replies 149
  • Created
  • Last Reply

Top Posters In This Topic

51 minutes ago, Vince Green said:

No im not saying that, cars imported from outside the EU are subject to 10.8% import duty by the EU which the UK doesn't get.

HOWEVER, the invoice price for a car imported to UK from France and Germany is higher than it should be because of something called price balancing. Which means roughly they overcharge us because we are a captive market and they can get away with it.

Even allowing for VAT etc and local taxes there are a lot of places in the world where you can buy a Merc or BMW cheaper than you can here.

Once we stop being a captive market my guess is they will have to offer us the same discounts and inducements as they offer USA, Canada, Middle East, South Africa etc or we will just buy from Japan.

I understand global market dynamics and working in Automotive R&D am aware of the sector in particular. I’m not prepared to risk additional costs based on guess work especially since they could be as high as 10k GBP. I’m very confident the price of EU built cars imported into the U.K. are not going to go down as a result of Brexit and I’ve no burning desire to purchase anything made in Asia. By the time we come to renew, higher levels of automated driving will be prominent in the market and we’ll almost certainly be going EV. I intend to enjoy the driving time between now and then to the full.

Link to comment
Share on other sites

2 minutes ago, Raja Clavata said:

I understand global market dynamics and working in Automotive R&D am aware of the sector in particular. I’m not prepared to risk additional costs based on guess work especially since they could be as high as 10k GBP. I’m very confident the price of EU built cars imported into the U.K. are not going to go down as a result of Brexit and I’ve no burning desire to purchase anything made in Asia. By the time we come to renew, higher levels of automated driving will be prominent in the market and we’ll almost certainly be going EV. I intend to enjoy the driving time between now and then to the full.

Where are you going to be driving? It can't be in the UK as here driving and pleasure are now a contradiction of terms. I just hope that I can get where I'm going in one piece.

Link to comment
Share on other sites

28 minutes ago, enfieldspares said:

I wasn't old enough to vote in the 1975 Referendum...I was born in 1957...but would have voted "No". But in the 2016 Referendum although I voted "Leave" (as I my personal situation would have been impacted by Cameron's deal that he negotiated to end the right I had to bring my spouse's son from outside the EU into the EU to join us). 2016 is not 1976. Forty years have passed. Change has happened.

Things have changed. Ted Heath sold out the trading relationship we had with the Commonwealth, true "metal bashing" industry has collapsed in the UK thanks to a combination of Derek "Red Robbo" Robinson and later Thatcher's tax regimes and North Sea oil and gas isn't the pot of gold it once was and what it is is becoming uneconomic to exploit and depleted.

World trade has changed...as said...we no longer have a captive English speaking market in West Africa nor East Africa (all the infrastructure contracts there are Chinese as they can underbid - and out bribe - us. The Chinese know well that "dash" leads to ink on paper and signed contracts) and other than high end semi-bespoke vehicles I doubt that any motor car is wholly in every part and component now made in Britain.

Furthermore from experience with how the US was forced to back down in recent trade wars with Britain and the EU over non-US steel I know that Britain on it own....out of the EU bloc...will fare badly in any trade negotiation with the US. Anyone who still believes in a "special relationship" with the UK overcoming domestic US "special interests" probably also believes in fairies. So in I think that we would have been better off, still, in the EU for all its issues

 

Well said - and many of us are more aware of how we have been stuffed by MP's over the years thanks to the information highway that blair shot himself in the foot with.

Link to comment
Share on other sites

2 minutes ago, wymberley said:

Where are you going to be driving? It can't be in the UK as here driving and pleasure are now a contradiction of terms. I just hope that I can get where I'm going in one piece.

Almost exclusively in the U.K. There are plenty places where I’m able to enjoy the drive. Major concern locally is potholes, two tyres wrecked in my weekend car in 30 months.

3 minutes ago, Dave-G said:

Well said - and many of us are more aware of how we have been stuffed by MP's over the years thanks to the information highway that blair shot himself in the foot with.

If you’re not retired within the next five years you’re gonna really know what being stuffed by the MPs feels like. Everything before this was the warm up.

Link to comment
Share on other sites

1 hour ago, Raja Clavata said:

I understand global market dynamics and working in Automotive R&D am aware of the sector in particular. I’m not prepared to risk additional costs based on guess work especially since they could be as high as 10k GBP. I’m very confident the price of EU built cars imported into the U.K. are not going to go down as a result of Brexit and I’ve no burning desire to purchase anything made in Asia. By the time we come to renew, higher levels of automated driving will be prominent in the market and we’ll almost certainly be going EV. I intend to enjoy the driving time between now and then to the full.

If we have a no deal brexit the cost of eu cars will either come down or they will loose the UK as a customer, either way I win, the EU however will loose. 

Link to comment
Share on other sites

21 minutes ago, Raja Clavata said:

You seriously think they will be cheaper in 2021 under a no deal Brexit scenario than they are currently?

I do genuinely believe that, maybe not 2021 but over time. But for the first time in many years I do not drive a German car

Edited by Vince Green
Link to comment
Share on other sites

30 minutes ago, Raja Clavata said:

You seriously think they will be cheaper in 2021 under a no deal Brexit scenario than they are currently?

Not necessarily, but if they're not, they won't be selling many here because people will be buying Japanese and other cars outside the EU at a much cheaper price, I'll certainly be one of them. 

16 minutes ago, oowee said:

What is an EU car? 

One manufactured in the EU trading block, I.e german, Italian, French ect. 

Link to comment
Share on other sites

1 hour ago, 12gauge82 said:

Not necessarily, but if they're not, they won't be selling many here because people will be buying Japanese and other cars outside the EU at a much cheaper price, I'll certainly be one of them. 

One manufactured in the EU trading block, I.e german, Italian, French ect. 

mmm you have to look at where the parts come from too. Parts moving backwards and forwards just bumps the price of everything up. BMW engines made in Wolverhampton, Mini cars made in Germany Toyota Corolla engines made in Poland. All the movement adds cost wherever the car is finally produced. Of course you can opt for the cheapest option but given the parts are likely to have crossed EU borders the price will have gone up. 

Link to comment
Share on other sites

1 minute ago, oowee said:

mmm you have to look at where the parts come from too. Parts moving backwards and forwards just bumps the price of everything up. BMW engines made in Wolverhampton, Mini cars made in Germany Toyota Corolla engines made in Poland. All the movement adds cost wherever the car is finally produced. Of course you can opt for the cheapest option but given the parts are likely to have crossed EU borders the price will have gone up. 

You miss the point, currently any cars we buy outside the EU have an import duty attached to them, this stops better cars which are built more efficiently and therefore cheaply out-competing and killing the EU cars, once we're out, we don't have to pay that duty, therefore the EU will either have to sell us their cars cheaper or as in any competive market, the UK will buy elsewhere cheaper and its the same for many things outside the EU, they protect inefficient businesses by stopping us shopping elsewhere, the EU gravy train is about to be derailed. Can't wait for the hardest brexit possible, I just pray to God we don't get a so called "deal" at the eleventh hour. 

Link to comment
Share on other sites

9 minutes ago, oowee said:

Considering that manufacturers and resellers have a vested interest in you buying a car now rather than in the future I treat these forecasts with a pinch of salt. 
 

the market will define prices. 

Link to comment
Share on other sites

I'm expecting imported goods to rise in price from 1st of January.   

Maybe it wouldn't have been so noticeable if C19 hadn't shown up but now the Chancellor is going to have raise taxes to recover £3Tn of debt,  so import duties are an easy and lucrative target.  I fear bleak times are ahead, the calculated risk of 2016 is about to bite us in ways that simply were not envisaged back then. 

Link to comment
Share on other sites

2 hours ago, 12gauge82 said:

 the UK will buy elsewhere cheaper and its the same for many things outside the EU, they protect inefficient businesses by stopping us shopping elsewhere, the EU gravy train is about to be derailed. Can't wait for the hardest brexit possible, I just pray to God we don't get a so called "deal" at the eleventh hour. 

Ah yes, the level playing field they want to weigh us down with.

Link to comment
Share on other sites

44 minutes ago, Cosmicblue said:

I'm expecting imported goods to rise in price from 1st of January.   

Maybe it wouldn't have been so noticeable if C19 hadn't shown up but now the Chancellor is going to have raise taxes to recover £3Tn of debt,  so import duties are an easy and lucrative target.  I fear bleak times are ahead, the calculated risk of 2016 is about to bite us in ways that simply were not envisaged back then. 

They're two separate issues and repaying the Covid crisis will cost a fortune, Brexit however will be fantastic for the county if they actually let us leave. 

Link to comment
Share on other sites

2 minutes ago, Yellow Bear said:

At least we will only be paying for our own and not half of Europe.

Fingers crossed although we're not out of the woods yet, I've a horrible feeling we'll get a "deal" at the last minute which of course will be like we never left. In many ways our best hope is the EUs sheer unreasonablness as hopefully they'll force a no deal with their ridiculous demands. 

Link to comment
Share on other sites

10 hours ago, Cosmicblue said:

I'm expecting imported goods to rise in price from 1st of January.   

Maybe it wouldn't have been so noticeable if C19 hadn't shown up but now the Chancellor is going to have raise taxes to recover £3Tn of debt,  so import duties are an easy and lucrative target.  I fear bleak times are ahead, the calculated risk of 2016 is about to bite us in ways that simply were not envisaged back then. 

I would rather be paying more taxes that go to the UK treasury and used to pay off the covid debts than give it to EU

Link to comment
Share on other sites

1 hour ago, Yellow Bear said:

At least we will only be paying for our own and not half of Europe.

 

8 minutes ago, Vince Green said:

I would rather be paying more taxes that go to the UK treasury and used to pay off the covid debts than give it to EU

Two posts that nail it perfectly 👍

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.

×
×
  • Create New...