EU (soon to be UK?) tariffs on Chinese cars

[Psychic Embers]

So, I assume like me, many on here have already ordered their Cybersters, I was just wondering what’s going to happen?

As of 4th July SAIC cars are subject to a whopping 38% tariff on import to EU countries. Now as a non EU country the UK isn’t currently applying this, but general consensus seems to be that whoever the new government is they may well choose to follow suit. So, my questions are….

Will it affect current orders already placed with dealers?

If so, how many of us would pay £85k for a Cyberster? I know I certainly wouldn’t be!

Will SAIC et al have to lower their prices considerably in the EU / UK to be priced competitively? If so, will it even be viable to sell there?

Just the thoughts and ponderings of someone who desperately wants to keep his Cyberster order but is seriously considering a Tesla M3 Performance that I could collect next day from Tesla Manchester before both are out of his price range!

 

[GranTurismoEra]

Even if they were to apply it theres a red taped process and appeals for court defense by affected brands. It would take time.

Worst case scenario can just get something else.

 

[Robf]

Of course this price hike will also affect MG second hand values

 

[Chris Bronsdon]

Of course this price hike will also affect MG second hand values

Is the impact on second hand values already being seen do you know?

 

[Paulie68]

Is the impact on second hand values already being seen do you know?

No, there is no price hike due to tariffs as yet and this isn't a UK proposal anyway, just EU. Maybe there is going to be at least one Brexit benefit after all!

 

[tsedge]

So, I assume like me, many on here have already ordered their Cybersters, I was just wondering what’s going to happen?

As of 4th July SAIC cars are subject to a whopping 38% tariff on import to EU countries. Now as a non EU country the UK isn’t currently applying this, but general consensus seems to be that whoever the new government is they may well choose to follow suit. So, my questions are….

Will it affect current orders already placed with dealers?

If so, how many of us would pay £85k for a Cyberster? I know I certainly wouldn’t be!

Will SAIC et al have to lower their prices considerably in the EU / UK to be priced competitively? If so, will it even be viable to sell there?

Just the thoughts and ponderings of someone who desperately wants to keep his Cyberster order but is seriously considering a Tesla M3 Performance that I could collect next day from Tesla Manchester before both are out of his price range!

Generally with such things, if the deal changes (due to external changes such as taxes / grants etc...), you do not have to honour the original deal on either side.

 

[GranTurismoEra]