Should I buy a new car now or wait until after Brexit?

I am in the market to change my two present cars for two new cars. It is more than likely that the lead times will be approx 12 weeks? Dealers are telling me that Brexit will have an impact on both delivery times and cannot guarantee delivery dates or price. As my car order would stagger the end of March 19 is it better to buy/order now or later once we all know what Brexit deal has been done?

Asked on 2 February 2019 by Shaun in the North West

Answered by Honest John

Who knows? I certainly don't. I can only tell you that over the past 10 years the value of sterling has plummeted to half its 2009 value, which makes imported cars twice as expensive, and that could get worse. People think that because the sterling value of their house has doubled they are richer. They aren't. All that has happened is that the value of sterling has halved.

Tags: buying new cars brexit

Dear Honest John,

Please help me choose my next car. I would like it to have:

Similar questions

I got a customs import and VAT bill for a delivery of parts from Europe. Is this right?

I purchased some window seals for my historic Mercedes recently. I was shocked to receive a customs import and VAT bill before delivery could be made. It's roughly 30% of the value of the window seals...

I'm a UK resident with a Spanish licence. Do I need a UK licence post-Brexit?

I'm a returned Expat from Spain (returned 2015). I passed my driving test in the UK many years ago. I have a Spanish Driving license right now, and as far as I can see on the UK Gov website, I have been...

Can I have a UK and a Spanish driving licence after the UK leaves the EU?

As a Spanish resident, I must exchange my UK driving licence for a Spanish one since, whilst in the EU, I can only have a licence from one country. After 1 January 2021, when we have completely left the...