Brexit effect on used prices

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steve 6644

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What do you think will happen to used prices next year in all the uncertainty over Brexit etc. We are looking to buy (used) but...???
I see all the stock sitting on dealers forecourts and the volume of second hand stuff on the various sales sites and it all looks a bit 'stopped in its tracks' to me. I know this time of year is a good time to buy and I'm ready with cash but, I have decided to wait see for a little longer as I worry that the bubble may be about to burst and prices tumble.

:(:confused::confused::confused::confused:
 
We are collecting ours mid January, there are some good deals around and we want a new one now, not in 2 years, hence why we have taken the jump.
It could be new prices rise if the exchange rate deteriorates much more though.
 
It's 2 weeks to Christmas..... Of course it's stopped.
Waiting to see what happens next year is foolish to me, what if prices rise instead of fall?
If dealers are struggling you're in a position now to haggle a better deal. Once folks start buying again next year that advantage has gone.
 
Dealers are clearing stock now if possible as in 3 weeks all present stock will be a year older so worth less, then restock ready for spring.
:party2::party2::party2::party2::party2::party2::party2::party2:
 
Yep , agree with Pappajohn, strike whilst the dealers are scratching there bums. Even used car dealers do all sorts of "reductions" just now to generate traffic through the showrooms.
Dealers would also prefer to move their vans now to avoid them sitting for 3months with no heating or air flow through them.
Get in there and start low without being insulting , start high you can't negotiate down ,start low you can always give a bit back.
John

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I ordered my new European Motorhome in 2016 after the vote for collection the end of 2017 and with the exchange rate and price increase saved about £10k .

Majority of the motorhome industry totally relies oi components from Europe to build them so prices will be totally effected by the Pound against the Euro .
 
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steve 6644 said:
What do you think will happen to used prices next year in all the uncertainty over Brexit etc. We are looking to buy (used) but...???
I see all the stock sitting on dealers forecourts and the volume of second hand stuff on the various sales sites and it all looks a bit 'stopped in its tracks' to me. I know this time of year is a good time to buy and I'm ready with cash but, I have decided to wait see for a little longer as I worry that the bubble may be about to burst and prices tumble.

:(:confused::confused::confused::confused:
Click to expand...
Used prices of what.....?
 
I wasn't talking about the best time to buy, or that because its two weeks before Christmas, dealer sales are obviously slow.

Never mind.
 
If Sterling dives, European manufacturers' UK price lists will be revised upwards. The cost to UK converters also goes up so they must also increase their list prices.

I expect that significant price rises means sales of new MHs are going to decline in 2019, while the demand for used ones will get stronger.

Dealers will try higher asking prices for used MHs and they will be less willing to haggle. Just my prediction.

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Having just placed an order for a new Carthago I got the impression that some European manufacturers are getting nervous. The dealer said one manufacturer is trying to build his right hand drive 2019 motorhomes early enough to get them here before the end of March. Carthago only has a very limited number of build slots available for UK dealers, perhaps they are limiting their exposure in case of import duties? Some dealers seem to have plenty of 2018 models available but are not ordering 2019 ones. One even admitted he didn’t have storage space for the new models because he had too many motorhomes in stock.

I suspect all this makes it a good time to see if you can get a good deal on a second hand or unregistered stock motorhome.
 
Dont think prices will go down more likely to go up with the uncertainty of pound against euro which will probably also push up used prices
 
I think many large purchases (cars etc) are being held back at the moment due to uncertainty might be a good time to buy I suspect there might be an increase in demand whatever way things go
 
Prices up. prices down !!!!
depends on who you are listening to and what you want to hear,
let it all settle and all will be the same
Its all spin, hype and scare-mongering
just my opinion
Joe
 
Well at the moment your £ doesn't buy you many Euro so that's bound to affect the price of imported vans which will then have a knock on effect of bolstering the used market, if you look at importing from over the water everything is more expensive than it was a year or two ago when you have to buy your Euro's.

Martin
 
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steve 6644 said:
What do you think will happen to used prices next year in all the uncertainty over Brexit etc. We are looking to buy (used) but...???
I see all the stock sitting on dealers forecourts and the volume of second hand stuff on the various sales sites and it all looks a bit 'stopped in its tracks' to me. I know this time of year is a good time to buy and I'm ready with cash but, I have decided to wait see for a little longer as I worry that the bubble may be about to burst and prices tumble.

:(:confused::confused::confused::confused:
Click to expand...

Answer in my opinion— NOTHING
 
I was a used car dealer for 20 years or so.
IMHO
Good time to buy now.
Most people defer big purchases until the new year so any customer that walks into a showroom now and will actually pay and take a unit away should be able to strike a good deal.
Even better if it starts snowing !!

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The Wino said:
I think many large purchases (cars etc) are being held back at the moment due to uncertainty might be a good time to buy I suspect there might be an increase in demand whatever way things go
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GrandPaul said:
I was a used car dealer for 20 years or so.
IMHO
Good time to buy now.
Most people defer big purchases until the new year so any customer that walks into a showroom now and will actually pay and take a unit away should be able to strike a good deal.
Even better if it starts snowing !!
Click to expand...

Talking to a friend Sunday night & he said they have been averaging delivering 40 new cars a day in october, november & up until now with nothing appearing to tail off. Which is unheard of in previous years .
He even has a delivery for christmas eve.
 
steve 6644 said:
What do you think will happen to used prices next year in all the uncertainty over Brexit etc. We are looking to buy (used) but...???
I see all the stock sitting on dealers forecourts and the volume of second hand stuff on the various sales sites and it all looks a bit 'stopped in its tracks' to me. I know this time of year is a good time to buy and I'm ready with cash but, I have decided to wait see for a little longer as I worry that the bubble may be about to burst and prices tumble.

:(:confused::confused::confused::confused:
Click to expand...
brext thread
 
gus-lopez said:
Talking to a friend Sunday night & he said they have been averaging delivering 40 new cars a day in october, november & up until now with nothing appearing to tail off. Which is unheard of in previous years .
He even has a delivery for christmas eve.
Click to expand...

Then why all the doom and gloom on tv about poor sales etc.
 
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Delivering stock to garages for the new year or delivering to customers ?
 
Whatever happens, prices will go up. They always do. You might get some reductions off dealers forcourts for new old stock but motorhomes sales all over Europe have been increasing year on year, I doubt they will slow down next year.
If there is one certainty though, prices won’t tumble.
 
Derbyshire wanderer said:
Brexit or not, anyone buying a motorhome 2 weeks before Christmas will be so rare that they should be able to get a great deal.
Prices only go one way over time.
Click to expand...

Fair point - our local dealers have not sold anything in weeks so the new 'old stock' 2018 vans have plummeted in price - and now the dealers have the 2019 models arriving in numbers. If the market doesn't pick up in Q1-19 then IMO there is nil chance of secondhand prices holding their own while news sales are stagnant.
 
Blue Knight said:
Fair point - our local dealers have not sold anything in weeks so the new 'old stock' 2018 vans have plummeted in price - and now the dealers have the 2019 models arriving in numbers. If the market doesn't pick up in Q1-19 then IMO there is nil chance of secondhand prices holding their own while news sales are stagnant.
Click to expand...

My thinking exactly.
 

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