Brexit effect on used prices

[eddie]

Our March order book is looking really healthy, so lots of people have ordered new motorhomes despite Brexit

 

[soreeyes]

Well at the moment your £ doesn't buy you many Euro so that's bound to affect the price of imported vans which will then have a knock on effect of bolstering the used market, if you look at importing from over the water everything is more expensive than it was a year or two ago when you have to buy your Euro's.

Martin

Not just imports ? UK motorhomes are only a assembled European components and as said any exchange rates will effect all the MH and caravan business new and secondhand .

I think if there is a fluctuation early next year we might see a mid season price adjustment .

 

[GWAYGWAY]

Motorhome manufacturers don't produce condoms for obvious reasons, the world would become over populated.

Some do and THEY leak badly, so do some German ones as well.

 

[Crazylegs]

Didn’t I read somewhere that Motorhome sales are up a staggering 17% ! So this sector of the motor trade is hardly “on its knees” car sales are a different matter. I believe it all depends on what you wish to buy, if your looking at a model that has been updated or one that hasn’t sold very well, then there is a good chance dealers will offer a discount to clear stock.
If on the other hand you have your heart set on a newish in demand model then discounts are unlikely. My brother spent the best part of a day sat in a showroom trying to get a discount on a Cathargo Liner for two recently, the sales staff were reluctant to offer any discount, perhaps an option or two but no discount, in an effort to get the deal done they phoned the boss who was on holiday. He wasn’t interested, his view was if my brother didn’t buy it someone else would.

 

[WillH]

As the forecourt prices drop so do the trade-in values.

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[Silver-Fox]

Our March order book is looking really healthy, so lots of people have ordered new motorhomes despite Brexit

Maybe the buyers just like you Eddie

 

[Pausim]

Our March order book is looking really healthy, so lots of people have ordered new motorhomes despite Brexit

Perhaps the March order book is buyers trying to get in before Brexit. A dealer told me that one manufacturer (Adria I think) is packing it’s 2019 production for the UK into the next few months to get them here before Brexit.

 

[gus-lopez]

Then why all the doom and gloom on tv about poor sales etc.

No idea, didn't know there was ? Mate just said it was very unusual to be up around double what they normally deklivered daily at these months of the year.

Delivering stock to garages for the new year or delivering to customers ?

No, new mercedes from Devon to customers all over Uk & Ireland,usually pcp but occasionally our right sale. This is Mercedes the manufacturer no dealer involvement normally.
You'd think they must have concerns about what will happen next year as they have around 100 vehicles a day delivered in to the 2 compounds they operate from.

 

[hilldweller]

>>> Brexit effect on used prices

Tell you what, the value of used Prime Ministers has gone through the floor.

 

[Bedspring]

What do you think will happen to used prices next year in all the uncertainty over Brexit etc. We are looking to buy (used) but...???

If we have another referendum, and the vote reverses, and the Pound moves up drastically against the € it could make things interesting. Used values seem to be propped up by the rise in new values due to the fall in the Pond v €.

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[Deleted member]

If we have another referendum, and the vote reverses, and the Pound moves up drastically against the € it could make things interesting. Used values seem to be propped up by the rise in new values due to the fall in the Pond v €.

The reverse is the more likely scenario. Pound will weaken further yet against the Euro, the worst is yet to come. If you purchase a new european manufactured MH you’ll get hammered. Even if not, the base vehicle and most of the components will be european manufactured so no escape. Add into that trade tariffs and prices are only going north! Will probably have a upward impact on used prices? The average UK residents buying power in europe ain’t what it used to be. I felt a bit like the poor relation in Greece this year!

 

[Pausim]

I know I am at risk having ordered a new Carthago for delivery in June/July. If we end up with WTO import tariffs I will take a hit but the manufacturer and dealer are at risk on exchange rates. However, the p/ex deal offered was good enough for me to consider the risk to the childrens inheritance worth taking. Time will tell.

 

[Pausim]

Apologies for straying off topic but has anyone else wondered how the residuals of motorhomes over 3500kg will fare in the future. I believe that at present about 50% of the population could have the grandfather rights that allow them to have the C1 license needed to drive heavier vehicles, without a further complicated test. By my guesstimate in 10 years time that population will have reduced to somewhere between 35% and 40% . At some point surely this must affect the residuals of the heavier motorhomes?

 

[Tea break]

Apologies for straying off topic but has anyone else wondered how the residuals of motorhomes over 3500kg will fare in the future. I believe that at present about 50% of the population could have the grandfather rights that allow them to have the C1 license needed to drive heavier vehicles, without a further complicated test. By my guesstimate in 10 years time that population will have reduced to somewhere between 35% and 40% . At some point surely this must affect the residuals of the heavier motorhomes?

 

[Tea break]

Why are you worrying about prices rising or falling just get on and buy it if it’s what you want. life is not all about how much money you can save it’s about making the best of the short time we all have cause if you don’t spend it others will.

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[Pausim]

Why are you worrying about prices rising or falling just get on and buy it if it’s what you want. life is not all about how much money you can save it’s about making the best of the short time we all have cause if you don’t spend it others will.

I agree with you and in practice that is exactly what I do. We have ordered a new mh despite the uncertainties.

 

[Wh05apk]

I agree with you and in practice that is exactly what I do. We have ordered a new mh despite the uncertainties.

Same here, pick it up in 27 days time!

 

[Lenny HB]

Apologies for straying off topic but has anyone else wondered how the residuals of motorhomes over 3500kg will fare in the future. I believe that at present about 50% of the population could have the grandfather rights that allow them to have the C1 license needed to drive heavier vehicles, without a further complicated test. By my guesstimate in 10 years time that population will have reduced to somewhere between 35% and 40% . At some point surely this must affect the residuals of the heavier motorhomes?

Does it really matter, if you want the van and have the money just buy and enjoy.

 

[Spriddler]

I agree with you and in practice that is exactly what I do. We have ordered a new mh despite the uncertainties.

Quite right; my philosophy entirely. I'm not intending that my lifetime's hard-earned will be spent by the kids on fast cars or by me in order to eat overcooked sprouts and be beaten up in a care home

 

[tacr2man]

The reverse is the more likely scenario. Pound will weaken further yet against the Euro, the worst is yet to come. If you purchase a new european manufactured MH you’ll get hammered. Even if not, the base vehicle and most of the components will be european manufactured so no escape. Add into that trade tariffs and prices are only going north! Will probably have a upward impact on used prices? The average UK residents buying power in europe ain’t what it used to be. I felt a bit like the poor relation in Greece this year!

If you felt that way in Greece , dont ever visit Monaco

Re residuals etc , I think after Brexit , and with a US FTD then American RVs might see a price drop , as its been going the other way , up to now

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