10 per cent surcharge in the event of ‘no deal’
The gift that keeps on giving just gave a little more. Porsche has indicated that it may apply a 10 per cent tariff to cars sold in the UK after it leaves the EU and in the event of a no exit deal. Porsche is asking buyers to sign up to a clause to that effect for cars likely to be delivered after the UK leaves the EU. For now, Porsche is describing the move as precautionary.
Speaking to the BBC, Porsche said, “as one potential outcome of the Brexit negotiations, there is a possibility that a duty of up to 10% may be applied to cars imported into the UK by us after March 29. In light of this, we have chosen to inform customers whose cars are likely to arrive after Brexit occurs to warn them that they may be affected by this tariff – allowing them to be fully informed at the point of sale and, if they wish, to adjust their order accordingly. This is a precautionary step in the interests of allowing our customers to plan ahead.”
Porsche says customers who placed deposits on cars on or before January 17th will not be affected by the move. Other car brands are generally declining to comment on their plans for pricing should the UK crash out of the EU without a deal, the consequences of which will include tariffs being applied to all cars being imported into the UK from the EU.