Reply to: Tory Brexit No Deal DOOM™: Cars

[WTFH]

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.

[milanbenes]

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.

[sal]

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.

[milanbenes]

Yes, it is in the EU interest and the UK's interest.
If the UK chooses to apply WTO rules and then puts a tariff on car imports, that applies to all cars, not just ones from the EU

Ok, ok, just a sec, I know we are all petrol heads and love cars even if we are in denial due to financial circumstances and try to advocate that cheapo Eye-goes are the future,

but nevertheless,

cars are not the only motor vehicles on the road,

what about,

Trucks and Vans

These are used in the supply chain, they add overhead to the price of household living, what percentage of the trucks and trailers, and vans on the road are made in the UK and what percentage are made in Europe ? WTO tariffs will apply to these too, this will push up household living costs

Why stop there, what about tractors, forklifts ?

These WTO rules are going to have a nice impact on the household budgets of Britain's hard working families

Milan.

[SueEllen]

Some obligations such as pensions are extending well into the future, does not seems unreasonable to me to ask for it.

Let's say they want £50 bln in total, of which at least half is hard to dispute, so the question is - why the FOOK antagonize them given that it's up to EU to offer good deal? If they FEEL that they did not get paid enough, then they would be VERY interested in getting their money back (plus more) via worse deal.

They are holding ALL the cards, May practically has to beg them now - what a humiliation!

May doesn't know what she wants.

[AtW]

The current budget period ends in 2020, so we are not obliged to pay anything beyond then. So how they manage to go from 1 years contribution (2019-2020) to "£20bn being not even halfway there" (Macron) is anyone's guess, but extortion is a pretty good place to start.

Some obligations such as pensions are extending well into the future, does not seems unreasonable to me to ask for it.

Let's say they want £50 bln in total, of which at least half is hard to dispute, so the question is - why the FOOK antagonize them given that it's up to EU to offer good deal? If they FEEL that they did not get paid enough, then they would be VERY interested in getting their money back (plus more) via worse deal.

They are holding ALL the cards, May practically has to beg them now - what a humiliation!

[Mordac]

Paying few years worth of AGREED contributions isn't an unreasonable ask, it's not like they ask 100 years worth of payments for nothing - the money that would go to EU could be used to secure transition period for the same duration. If leaving EU is so important then why resist few years of payments? It's bonkers this is a problem given how important it is to secure good deal.

Now leaving USSR was in theory possible, but in practice wasn't - member states were occupied and those who dreamed of independence were routinely killed in GULAGs.

Hence, comparing EU with USSR is a false analogy used by people who got no clue, also knows as Brexiters.

The current budget period ends in 2020, so we are not obliged to pay anything beyond then. So how they manage to go from 1 years contribution (2019-2020) to "£20bn being not even halfway there" (Macron) is anyone's guess, but extortion is a pretty good place to start.

[AtW]

Voluntary joining, but not voluntary leaving - not without paying billions in a great extortion racket, anyway...(and yes, I was referring to the USSR)

Paying few years worth of AGREED contributions isn't an unreasonable ask, it's not like they ask 100 years worth of payments for nothing - the money that would go to EU could be used to secure transition period for the same duration. If leaving EU is so important then why resist few years of payments? It's bonkers this is a problem given how important it is to secure good deal.

Now leaving USSR was in theory possible, but in practice wasn't - member states were occupied and those who dreamed of independence were routinely killed in GULAGs.

Hence, comparing EU with USSR is a false analogy used by people who got no clue, also knows as Brexiters.

[Mordac]

If you are implying here USSR, then you are wrong - that block was based on force, not voluntary joining with equal rights like it is in the EU.

USSR was built on the bones of millions people who were killed because they were deemed a risk to the superstate run from Moscow.

Voluntary joining, but not voluntary leaving - not without paying billions in a great extortion racket, anyway...

(and yes, I was referring to the USSR)

[AtW]

Remind me, which was the last political bloc to hold a similar priority...?

If you are implying here USSR, then you are wrong - that block was based on force, not voluntary joining with equal rights like it is in the EU.

USSR was built on the bones of millions people who were killed because they were deemed a risk to the superstate run from Moscow.

[Mordac]

No - EU key interest is to prevent any more states leaving, everything else is nice to have

Remind me, which was the last political bloc to hold a similar priority...?

[AtW]

Given the large number of Continental made imports do you not think it is also of interest to the EU to resolve this?

No - EU key interest is to prevent any more states leaving, everything else is nice to have

[sasguru]

This is sounding like an AGW debate....

Only because you’re terrible at numbers and maths.

[BrilloPad]

That's year to date, not just the month of September.
YTD overall UK sales are down 3.91%
Including:
Bentley: -11.38%
Lotus: -17.99%
McLaren: 0%
Vauxhall: -20.3%
Other British: - 8.28%

This is sounding like an AGW debate....

[sasguru]

That's year to date, not just the month of September.
YTD overall UK sales are down 3.91%
Including:
Bentley: -11.38%
Lotus: -17.99%
McLaren: 0%
Vauxhall: -20.3%
Other British: - 8.28%

I'm sure Benny wasn't trying to mislead, he's just not very good with numbers, like most on here.
You also need to take into account, that those who buy expensive German cars are not very price sensitive, they'll buy them anyway.