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Tory Brexit No Deal DOOM™: Cars

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    #31
    Originally posted by original PM View Post
    I should try that again

    in 100 words or less provide a sensible explanation of why the average UK citizens next car purchase will be influenced by Brexit.
    The correct question is "in 100 words or less provide a sensible explanation of why the average UK resident next car purchase will be influenced by Brexit.

    Giving the fact that the majority of the 3.5mil EU nationals in the UK are of working age and employed - a.k.a. the people likely to buy a new car, keeping them on edge about their future in the UK is likely to influence their decision to make a financial commitment of any sort, let alone in a RHD vehicle.

    Then there is the devaluation of the £ and inflation, that is reducing the purchasing power of everyone. And they are definitely caused by Brexit, no matter how hard you try to hide under a rock and not admit it.

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      #32
      Originally posted by sal View Post
      The correct question is "in 100 words or less provide a sensible explanation of why the average UK resident next car purchase will be influenced by Brexit.

      Giving the fact that the majority of the 3.5mil EU nationals in the UK are of working age and employed - a.k.a. the people likely to buy a new car, keeping them on edge about their future in the UK is likely to influence their decision to make a financial commitment of any sort, let alone in a RHD vehicle.

      Then there is the devaluation of the £ and inflation, that is reducing the purchasing power of everyone. And they are definitely caused by Brexit, no matter how hard you try to hide under a rock and not admit it.

      since they are watching their salaries fall in their home country's terms, they will leave the UK

      Milan.

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        #33
        Originally posted by milanbenes View Post
        since they are watching their salaries fall in their home country's terms, they will leave the UK

        Milan.
        Which will keep many happy - house prices will fall so more landlords can buy more property.
        Fewer people to do the work will drive up salaries, which is good for lower paid workers.
        This will drive up the cost of production, which will hit the bottom line of businesses, unless they are able to pass it on to consumers. If they can’t pass it on then it will hit their profit margin and their shareholders won’t be happy.

        Consumers want cheap tulip, so they will purchase from abroad, unless the tariffs put on the products are so high as to make buying local the less expensive option.
        …Maybe we ain’t that young anymore

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