No-deal Brexit: VW, Porsche, Skoda and Seat may raise prices by 10 percent

Brexit Volkswagen price increases

Volkswagen has announced its response to a hard Brexit and, unfortunately, customers will feel it first. For anyone who ordered for a new Volkswagen, Seat, Skoda or Porsche after 1 February, a 10 percent price increase could be on the cards.

Customers do, however, have the opportunity to terminate their order free of charge in response to the potential price hike.

No-deal car import tax

Brexit Volkswagen price increases

It’s all to do with delivery windows, the possibility (probability, now?) of a no-deal Brexit and tariffs on imported goods thereafter.

Volkswagen has therefore warned its customers that a 10 percent price increase could be levied on cars entering the UK after the split with the EU goes through.

This follows leaked news several days ago that Porsche would pass similar costs on to customers. We can now confirm the same also goes for fellow VW Group brands, Seat and Skoda.

As for Audi, a spokesperson has said that “Audi UK will price-protect all orders until further notice.”

“We strive to keep customers as informed as possible during the buying process,” said a Volkswagen UK representative.

Brexit Volkswagen price increases

“This includes being clear on any potential changes outside of our control that may affect the price of the car they’re interested in purchasing. So customers will be given the opportunity, free of charge, to cancel their order should prices increase as a result of import duty changes.

“It is important to remember in all this that transaction price, and indeed the sale (in a retail environment), are agreed between the dealer and customer. However, we have reminded our networks of the importance of being transparent with their customers on any of our price protection policies which may have an impact on their sale.”

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