R1200RS + R1250RS Forum
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Wed Oct 16, 2019 8:03 pm (Last edited: Wed Oct 16, 2019 8:03 pm)
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Not wanting to spread panic and confusion, but as someone with a PCP deal coming to an end in early 2020 I have been monitoring the Br**it chaos with a view to how it will affect BMW prices. Double Lupin owner |
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what with that and the 2020 colour choice
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Hold until the agreement ends. |
Zitat von Clifton im Beitrag #4 British cars? I can't afford or want a Lotus, would love a Morgan but tin worm and wood worm all in the same car, no thanks 
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Zitat von Fugly im Beitrag #5Zitat von Clifton im Beitrag #4 Geely (Chinese co) own Lotus. There are no volume GB Car Co's that are British owned - Honda/Nissan/Toyota (Japanese), Ford (US), Vauxhall (French PSA), JLR (Indian), Mini (BMW), London Taxis (Geely Chinese), Morgan (Italian VC group).......Aston Martin might still be owned by Prodrive UK (not sure). Buying Japanese or Korean is a reasonable option.....but bear in mind that many are built somewhere in the EU27 or elsewhere...........ie Kia in Slovenia, Toyota - Czech republic, Turkey and Russia, Nissan - Spain, Honda - Turkey |
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Audi and others are not "punishing" the UK by raising prices - the UK is punishing itself by withdrawing from the single market and the customs union. As Raab (yes, he who did not know that we trade through the port of Dover) said of the latest "deal" with regard to Northern Ireland - "this is a cracking deal because it leaves them with access to the single market". You couldn't make it up. Bridgestone 175 Hurricane Scrambler - Royal Enfield 250 Crusader - Norton Atlas 750 (two, first one stolen) - 25 years - F800ST - F800GT - R1200RS - R1250RT |
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It is not the vehicle importers who will be raising prices as such - they will just be passing on the 10% tariff that the UK customs will impose on them in the event of a no-deal Brexit, or any other form of Brexit that involves us trading on WTO (World Trade Organisation) terms with the EU. The money raised by such import tariffs then goes to the exchequer alongside all the other taxes which we pay, so it is effectively just additional taxation which OUR government will be imposing on US if they get into a situation where we are trading with the EU without a trading agreement to eliminate tariffs. Will they reduce income tax to compensate us - no don't be silly, of course they won't! |
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Zitat von Clifton im Beitrag #4 do you really think these would be unaffected by currency fluctuations and import duties? The vehicles may have British or Japanese brands but most of the raw materials are sourced overseas; Vauxhall is owned by the French; Nissan is part owned by the French; Mini by BMW; Jaguar Land Rover by Tata from India; Ford are from US. |
Zitat von Clifton im Beitrag #4 No - we are punishing ourselves, see my previous post, and as Wessie says, good luck with finding a GB built car without EU sourced component parts. As for Japanese cars - when we leave the EU we will lose the benefit of the recently concluded EU-Japan trade deal. Until/if we can replicate this with an equivalent UK-Japan deal I presume our government will be obliged to impose the WTO 10% import tariffs on car imports from Japan - so OUR government will be charging us an extra 10% in tax on Japanese cars. The only reason we don't pay this on most Japanese cars at the moment is that they are built in the EU - why do you think the Japanese invested in factories within the EU, including the UK, and why they will close down all their UK plants if we leave the EU without a zero tariff EU import/export deal. The Japanese importers may decide to lower their prices a little to reduce the impact of this, but they are not obliged to do so, and why would they if imports from the EU are also subject to 10% tariffs. |
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Happy days are here again. Join the club. Here in the U.S. we love to shoot our own feet just for the fun of it. The only thing that tariffs do is to raise the prices of everything, crimp the profits of businesses and ruin economies. But at least the government is happy with the additional taxes and seem to have no lack of ideas for spending the extra money collected.
Current motorcycle collection: 2002 Yamaha FZ1; 2005 Triumph Bonneville T-100; 2011 Royal Enfield Bullet 500; 2009 BMW F650GS; 2016 BMW R1200RS; 2018 Zero S 16.6 kWh
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Zitat von Yoda im Beitrag #7 In fact some manufacturers/importers will absorb the cost . Its not about good guys and bad guys , its about politics and financial reality.
Double Lupin owner
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I have learnt the hard way recently to keep my mouth shut about all this, in public at least, and do not wish to stir it up here!
DJBee
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Zitat von andygriff im Beitrag #1 Probably a good idea to close this thread - sorry everyone for bringing it up
Double Lupin owner
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Zitat von Richard230 im Beitrag #11 If any extra money has been collected on Tariffs, it sure hasn't showed up in the form of gov't revenues. It seems those individual and corporate tax cuts have only generated additional revenue shortfalls during this period of economic growth. Pretty amazing......a growing economy, producing less tax revenue and increasing budget deficits. What will happen when the economy cools? I'm sure I hear someone, of in the distance, saying...........Austerity will save you!
Old Forum Orphan
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