Buy cars before Brexit.

Mrhuth

You know that the dealers are rubbing their hands now waiting for Brexit so they can rip us off. Better buy it now before it's too late and there is an extra tax put on making it unfeasible

Cee-Jay-Cee

Mrhuth wrote: »

You know that the dealers are rubbing their hands now waiting for Brexit so they can rip us off. Better buy it now before it's too late and there is an extra tax put on making it unfeasible

They're not. Put the tinfoil hat back on...theyre on to you. :rolleyes:

Harry Palmr

Wut? Wait and import a nice low mileage autobahn stormer.

Mrhuth

Cee-Jay-Cee wrote: »

They're not. Put the tinfoil hat back on...theyre on to you. :rolleyes:

It's on already

peasant

Depending on what kind of Brexit we get in the end, it might not be possible anymore (at least for a while) to buy cars off them anyway and no longer lucrative either

Heres Johnny

How does a tax help a dealer?

ChippingSodbury

Mrhuth wrote: »

You know that the dealers are rubbing their hands now waiting for Brexit so they can rip us off. Better buy it now before it's too late and there is an extra tax put on making it unfeasible

I thought you were moving to the UK in a few months???

wexie

ChippingSodbury wrote: »

I thought you were moving to the UK in a few months???

Surely he'd have better things to do at this stage than trolling boards with nonsensical threads?

TheBody

If the pound loses value, would it not make it even cheaper to buy cars in the UK?

R.O.R

TheBody wrote: »

If the pound loses value, would it not make it even cheaper to buy cars in the UK?

Not when there's import duty for bringing the car in from outside the EU.

James Bond Junior

wexie wrote: »

Surely he'd have better things to do at this stage than trolling boards with nonsensical threads?

But BREXIT!!!!!!!!!

TheBody

R.O.R wrote: »

Not when there's import duty for bringing the car in from outside the EU.

Oh yea! I should have thought of that.

realitykeeper

Mrhuth wrote: »

You know that the dealers are rubbing their hands now waiting for Brexit so they can rip us off. Better buy it now before it's too late and there is an extra tax put on making it unfeasible

Anyone with a ship can import secondhand cars from Japan.

Jimmy.

There will be another referendum in the UK, Teresa May has shate her panties.

ted1

Heres Johnny wrote: »

How does a tax help a dealer?

Import duty from outside the EU with a country that doesn’t have trade agreements will increase second have car prices by possibly 30%. So people return to Irish dealers.

Apparently 100,000 cars were imported from the Uk last year.

demanufactured

Dung deal.

Jimmy.

dungdeal.ie is donedeal.ie who would have thought.

alias no.9

R.O.R wrote: »

Not when there's import duty for bringing the car in from outside the EU.

Import Duty @10% but more importantly VAT @23%. Now's the time to buy a keeper, something for 5 years or more.

When things have settled in a few years time, residuals will probably be higher due to lack of supply, you can have a bit more certainty about future transactions.

Final Approach

How long do we have? Until end of March 2019 I presume?

Grueller

Can someone explain to me why mrhuths viewpoint might be wrong?
I would have thought 10% import duty and 23% vat would certainly destroy any weakness in sterling for consumers?
Genuine question.

galwaytt

Grueller wrote: »

Can someone explain to me why mrhuths viewpoint might be wrong?
I would have thought 10% import duty and 23% vat would certainly destroy any weakness in sterling for consumers?
Genuine question.

It'll be interesting to see what happens, I'll grant you that.

And, if Irish buyers disappeared, that means an extra 100k cars on the used market within the uk: so what will that do to the (internal) UK market values ...

Cee-Jay-Cee

R.O.R wrote: »

Not when there's import duty for bringing the car in from outside the EU.

Cars registered before the full Brexit date will have tax paid and shouldn’t be liable for any further tax. Only cars registered after Brexit when the uk is no longer part of the EU will be liable to additional tax.

Atlantic Dawn

About 2 million people live in Malta and Cyprus combined, there will only be a tiny used car market to import from.

Kopparberg Strawberry and Lime

Atlantic Dawn wrote: »

About 2 million people live in Malta and Cyprus combined, there will only be a tiny used car market to import from.

I see a lot more Irish registered left hand drive cars on the roads these days.....

Henry Ford III

A lot of people are importing cars from the UK currently, and making a living out of it. Will Brexit mean an end to these imports?

Mc Love

How about we switch to the other side of the road and bring in cars from Europe! WIN! WIN!

biko

Henry Ford III wrote: »

A lot of people are importing cars from the UK currently, and making a living out of it. Will Brexit mean an end to these imports?

We really don't know yet, but feel free to panic now in case it won't be needed later

drunkmonkey

The UK has an export scheme like us so there'll be rebates there, you also won't be paying the 20% UK vat, so there will be a few % difference in total I'd guess. Nothing major that a drop in sterling wouldn't level out.

Henry Ford III

Mc Love wrote: »

How about we switch to the other side of the road and bring in cars from Europe! WIN! WIN!

Not such a bad idea, but the Healy Raes of this world will want such a change to be implemented gradually

CJhaughey

drunkmonkey wrote: »

The UK has an export scheme like us so there'll be rebates there, you also won't be paying the 20% UK vat, so there will be a few % difference in total I'd guess. Nothing major that a drop in sterling wouldn't level out.

What gets rebated in the UK? They don't have a punitive VRT rate like this country so I don't see what gets rebated?

biko

There is another Brexit thread on the frontpage.
One is enough