Brexit Tariff Increase: Mercedes to Honour Price of Lease Vehicles Booked Before October 31st16 October 2019
While the talk around Brexit has been on the impact for businesses, travelling abroad and even the availability of certain foods and medicines, one important area that we want to talk about is cars and the motoring industry.
The European car industry has warned of ‘catastrophic effects’ of a no-deal Brexit. As reported in The Guardian, chiefs from 23 automotive business associations across Europe have issued a warning saying: “The UK’s departure from the EU without a deal would trigger a seismic shift in trading conditions, with billions of euros of tariffs threatening to impact consumer choice and affordability on both sides of the Channel”.
With the threat of a no-deal Brexit looming, all manufacturers are warning customers that there may be a 10% increase on tariffs if the UK proceeds with a no-deal option.
No Increased Tariffs on Mercedes Vehicles for LeasingOptions Customers
However, as a LeasingOptions customer, Mercedes has agreed that if you confirm a delivery date and it's booked into their system before October 31st, they'll honour the price so customers can have peace of mind.
This is incredible from Mercedes and we are delighted to be able to pass this on to our customers.
Our advice for anyone looking to get a new car now or in the near future – don’t delay - order it today or at least before October 31st to try and avoid increased costs.
We’re in ongoing discussions with other manufacturers so do keep your eyes on our website for further updates.