Brexit, and car buying habits
Discussion
I don't know about new car buying habits, but it seems to have killed off the cheap used car market.
I bought a new car to me about 5 weeks ago, so put my old one up for sale.
I've had virtually no interest in it, so have had to put my new on up for sale as well, as one of them needs to go.
Old, old one is an E46 328, new old one E46 330.
I bought a new car to me about 5 weeks ago, so put my old one up for sale.
I've had virtually no interest in it, so have had to put my new on up for sale as well, as one of them needs to go.
Old, old one is an E46 328, new old one E46 330.
mondeoman said:
CS Garth said:
Petrol prices will likely increase due to currency devaluation against dollars in which oil is obviously priced. Likely move to more fuel efficient although not diesel ok
More likely that uk cars may have tariffs imposed when imported into Europe wont happe, Merkel says so http://www.bbc.co.uk/news/world-europe-36630326
Mid term increase in interest rates to take increased inflation into hand - car finance more expensive more likely to decrease, as wages wont be going up
Greater uncertainty for individuals will delay big ticket car purchases maybe, but businesses will car ry on sa usual
Components for uk assembled cars will get more expensive driving up uk domestic car prices depends on whether its imported or not - adn THAT is not a simple question to answer, with components, sub components, sub-sub components, and then assembly
U.K. Will likely no longer have to follow block exemption ruling that warranty is not invalidated by independents although seems unlikely
On the plus side:
Prices of classic cars should cease to increase
Welcome to your local BBC correspondentMore likely that uk cars may have tariffs imposed when imported into Europe wont happe, Merkel says so http://www.bbc.co.uk/news/world-europe-36630326
Mid term increase in interest rates to take increased inflation into hand - car finance more expensive more likely to decrease, as wages wont be going up
Greater uncertainty for individuals will delay big ticket car purchases maybe, but businesses will car ry on sa usual
Components for uk assembled cars will get more expensive driving up uk domestic car prices depends on whether its imported or not - adn THAT is not a simple question to answer, with components, sub components, sub-sub components, and then assembly
U.K. Will likely no longer have to follow block exemption ruling that warranty is not invalidated by independents although seems unlikely
On the plus side:
Prices of classic cars should cease to increase
Interest rates wiill go up when inflation kicks in. Thats when stuff goes up in price. Like petrol. Priced in dollars. Which are now more expensive.
Which components are made in the UK - less than 5 percent of a car.
Edited by CS Garth on Sunday 26th June 07:31
ukkid35 said:
robemcdonald said:
I wonder how many other voters were so ill informed?
When the North East starts to see massive job losses, that won't be as a result of their votes, that will be because the EU/World/Everyone-else is being vindictive.'.
One thing the Brexiteers are going to have to face up to is the consequences of their actions. For years they have moaned about everything. Now they have got what they want they will need to stop blaming others. Unfortunately we'll see more of this, plonkers finding out the hard way what they voted for. Higher prices, lower house prices, fewer jobs.
It's like Alf Garnett is in charge
sim16v said:
I don't know about new car buying habits, but it seems to have killed off the cheap used car market.
I bought a new car to me about 5 weeks ago, so put my old one up for sale.
I've had virtually no interest in it, so have had to put my new on up for sale as well, as one of them needs to go.
Old, old one is an E46 328, new old one E46 330.
I bought a new car to me about 5 weeks ago, so put my old one up for sale.
I've had virtually no interest in it, so have had to put my new on up for sale as well, as one of them needs to go.
Old, old one is an E46 328, new old one E46 330.
CS Garth said:
ukkid35 said:
robemcdonald said:
I wonder how many other voters were so ill informed?
When the North East starts to see massive job losses, that won't be as a result of their votes, that will be because the EU/World/Everyone-else is being vindictive.'.
One thing the Brexiteers are going to have to face up to is the consequences of their actions. For years they have moaned about everything. Now they have got what they want they will need to stop blaming others. Unfortunately we'll see more of this, plonkers finding out the hard way what they voted for. Higher prices, lower house prices, fewer jobs.
It's like Alf Garnett is in charge
king laugh.AND we've had long periods of high prices, low house prices and fewer jobs IN the EU.
And sure for the next 50 years you can sit there wringing your hands and saying "if only we were still in the EU this wouldnt have happened" at every slight issue.
Edited by daemon on Sunday 26th June 09:44
sim16v said:
I don't know about new car buying habits, but it seems to have killed off the cheap used car market.
I bought a new car to me about 5 weeks ago, so put my old one up for sale.
I've had virtually no interest in it, so have had to put my new on up for sale as well, as one of them needs to go.
Old, old one is an E46 328, new old one E46 330.
So one is up for 400 quid, the other one for 500? I bought a new car to me about 5 weeks ago, so put my old one up for sale.
I've had virtually no interest in it, so have had to put my new on up for sale as well, as one of them needs to go.
Old, old one is an E46 328, new old one E46 330.
Definitely must be Brexit-related and nothing to do with the quality/ rarity/ perceived value of a 15 year old BMW - sorry mate, just pulling your leg.
daemon said:
Consequences being we wont have a bureacracy heavy EU treating us will mild disdain at best. Something like 10,000 bureaucrats paid MORE than we pay our PM. They're having a fking laugh.
So... that number of bureaucrats and their salaries? Pretty well informed there, mate.king laugh.Edited by daemon on Sunday 26th June 09:44
Did Nigel tell you? The guy who now isn't so sure about his 350m a week to your NHS?
Or is it from one of your quality morning reads (Sun, Mirror and the sort)?
Maybe your current PM has a performance based salary so ends up at minimum wage and rightly so
EnglishTony said:
A proportion of (virtually) all cars built in Britain contain parts made in the EU. Therefore they will be more expensive.
Also worth considering, how much EU money was going into the new TVR plant in Wales? And the Aston one?
EU parts was EU law for local content to avoid non eu tarifs so now honda etc will free to buy from whoever we chose to trade with , my hope is Japan but it could be US or far east country ,,,Also worth considering, how much EU money was going into the new TVR plant in Wales? And the Aston one?
Maybe if the sums add up TVR etc will get help from the UK gov??
mondeoman said:
V88Dicky said:
Iirc, JLR's biggest external markets are outside of the EU already (North America, China, India etc).
Happy to be corrected though
It depends...Happy to be corrected though
JLR aren't going anywhere soon - they've just invested billions in a new engine plant, assembly plant, engineering centres.
qska said:
I'm struggling to shift a 2003 CLK convertible at the moment, the ad had 1200 views, but no serious interest.
I dropped the price from £4k to 3.75k already... that's the sort of car my Polish compatriots would love to buy, but the confidence isn't there at the moment.
The cheapest 2003 CLK is £1750 on eBay, that's the sort of car your Polish compatriots are buying.I dropped the price from £4k to 3.75k already... that's the sort of car my Polish compatriots would love to buy, but the confidence isn't there at the moment.
Well, we can all be vindictive and if the manufacturers exit the UK, we can stop buying them.
Meanwhile, aston are still in: http://www.cityam.com/244086/aston-martin-go-ahead...
Meanwhile, aston are still in: http://www.cityam.com/244086/aston-martin-go-ahead...
DamnKraut said:
daemon said:
Consequences being we wont have a bureacracy heavy EU treating us will mild disdain at best. Something like 10,000 bureaucrats paid MORE than we pay our PM. They're having a fking laugh.
So... that number of bureaucrats and their salaries? Pretty well informed there, mate.king laugh.Edited by daemon on Sunday 26th June 09:44
Did Nigel tell you? The guy who now isn't so sure about his 350m a week to your NHS?
Or is it from one of your quality morning reads (Sun, Mirror and the sort)?
Maybe your current PM has a performance based salary so ends up at minimum wage and rightly so
http://www.telegraph.co.uk/news/worldnews/europe/e...
http://www.uslux.eu/sites/default/files/article_at...
http://www.iii.co.uk/investment/detail?code=cotn:B...
Try to keep up at the back
Older if my Friday's experience is anything to go by.
I work in construction. The company's core projects are inner city regeneration programs. A lot of the jobs involve the reclaimation and development of brownfield sites which are not financially viable due to prohibitive land remediation (soil decontamination) costs. Till now we have been able to make the jobs pay thanks to EU regional funding. All our ongoing work is safe but every contract for future works had a "Brexit" clause leaving them null and void and my employer with no work from about a year and a half on.
As all is now all up in the air we were called into a meeting on Friday morning and told no training courses, no new plant, no replacing of any staff who leave, no promotions, no changes in terms and conditions, no pay rises, no new plant and that all car and van leases will be extended leaving us in our old vehicles rather than getting new ones.
I work in construction. The company's core projects are inner city regeneration programs. A lot of the jobs involve the reclaimation and development of brownfield sites which are not financially viable due to prohibitive land remediation (soil decontamination) costs. Till now we have been able to make the jobs pay thanks to EU regional funding. All our ongoing work is safe but every contract for future works had a "Brexit" clause leaving them null and void and my employer with no work from about a year and a half on.
As all is now all up in the air we were called into a meeting on Friday morning and told no training courses, no new plant, no replacing of any staff who leave, no promotions, no changes in terms and conditions, no pay rises, no new plant and that all car and van leases will be extended leaving us in our old vehicles rather than getting new ones.
Tannedbaldhead said:
Older if my Friday's experience is anything to go by.
I work in construction. The company's core projects are inner city regeneration programs. A lot of the jobs involve the reclaimation and development of brownfield sites which are not financially viable due to prohibitive land remediation (soil decontamination) costs. Till now we have been able to make the jobs pay thanks to EU regional funding. All our ongoing work is safe but every contract for future works had a "Brexit" clause leaving them null and void and my employer with no work from about a year and a half on.
As all is now all up in the air we were called into a meeting on Friday morning and told no training courses, no new plant, no replacing of any staff who leave, no promotions, no changes in terms and conditions, no pay rises, no new plant and that all car and van leases will be extended leaving us in our old vehicles rather than getting new ones.
So they're reducing costs until they get work to plug the gap, then its BAU again.I work in construction. The company's core projects are inner city regeneration programs. A lot of the jobs involve the reclaimation and development of brownfield sites which are not financially viable due to prohibitive land remediation (soil decontamination) costs. Till now we have been able to make the jobs pay thanks to EU regional funding. All our ongoing work is safe but every contract for future works had a "Brexit" clause leaving them null and void and my employer with no work from about a year and a half on.
As all is now all up in the air we were called into a meeting on Friday morning and told no training courses, no new plant, no replacing of any staff who leave, no promotions, no changes in terms and conditions, no pay rises, no new plant and that all car and van leases will be extended leaving us in our old vehicles rather than getting new ones.
Seems logical and not necessarily an indication of how things are going to be forever.
Tannedbaldhead said:
As all is now all up in the air we were called into a meeting on Friday morning and told no training courses, no new plant, no replacing of any staff who leave, no promotions, no changes in terms and conditions, no pay rises, no new plant and that all car and van leases will be extended leaving us in our old vehicles rather than getting new ones.
Don't worry Boris will save the day, we will have unlimited access to the European markets within a few weeks, because they won't jeopardise any current revenue.Phew - that's that sorted.
ukkid35 said:
Tannedbaldhead said:
As all is now all up in the air we were called into a meeting on Friday morning and told no training courses, no new plant, no replacing of any staff who leave, no promotions, no changes in terms and conditions, no pay rises, no new plant and that all car and van leases will be extended leaving us in our old vehicles rather than getting new ones.
Don't worry Boris will save the day, we will have unlimited access to the European markets within a few weeks, because they won't jeopardise any current revenue.Phew - that's that sorted.
Tannedbaldhead said:
Older if my Friday's experience is anything to go by.
I work in construction. The company's core projects are inner city regeneration programs. A lot of the jobs involve the reclaimation and development of brownfield sites which are not financially viable due to prohibitive land remediation (soil decontamination) costs. Till now we have been able to make the jobs pay thanks to EU regional funding. All our ongoing work is safe but every contract for future works had a "Brexit" clause leaving them null and void and my employer with no work from about a year and a half on.
As all is now all up in the air we were called into a meeting on Friday morning and told no training courses, no new plant, no replacing of any staff who leave, no promotions, no changes in terms and conditions, no pay rises, no new plant and that all car and van leases will be extended leaving us in our old vehicles rather than getting new ones.
With the greatest of respect to your livelyhood basicly the company are no longer getting funding for work and projects that are economically unviable without massive subsidies? Ulimately this funding your company will now not receive came from the EU and we were funding that as tax payers. Therefore the tax payer was subsidising your private company to carry out unprofitable work?I work in construction. The company's core projects are inner city regeneration programs. A lot of the jobs involve the reclaimation and development of brownfield sites which are not financially viable due to prohibitive land remediation (soil decontamination) costs. Till now we have been able to make the jobs pay thanks to EU regional funding. All our ongoing work is safe but every contract for future works had a "Brexit" clause leaving them null and void and my employer with no work from about a year and a half on.
As all is now all up in the air we were called into a meeting on Friday morning and told no training courses, no new plant, no replacing of any staff who leave, no promotions, no changes in terms and conditions, no pay rises, no new plant and that all car and van leases will be extended leaving us in our old vehicles rather than getting new ones.
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