Volkswagen has promised customers it will not pass on post-Brexit tariffs to orders confirmed before 5.30pm on December 1, 2020. The UK leaves the European Union on January 1, 2021, but industry body the Society of Motor Manufacturers and Traders (SMMT) has warned an ‘ambitious trade deal’ will be required for British factories to remain competitive. Last year, more than one million cars were built in the UK for export.
If no trade deal is agreed, cars produced here for export, as well as those imported for UK buyers, will face price increases. As part of Volkswagen Price Protection, any vehicle ordered before the deadline will not be affected by any price increases caused by post-Brexit tariffs when they are finalised in the new year.
The offer excludes electric and plug-in hybrid vehicles, and is only available to retail customers, not including Motability. The offer coincides with new research from consumer magazine What Car?, which found that 53 per cent of in-market buyers would be more inclined to buy British-built cars if EU-built cars were hit by price increases.
Source: Car Dealer Magazine