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Eu Exit Equals New Business Opportunities

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From the Irish Times



“The knock on effects of Brexit are potentially very worrying for both the new and used car markets in Ireland, ” says Rochford “Firstly a weakening of sterling and a surge of cheap UK imports will mean used car values in Ireland may fall sharply from their current position. This may leave many car buyers in negative equity as the value of the car they are driving falls beneath what they owe”.


The effects of a sharp fall in used car values may be particularly pronounced for vehicle dealers and manufacturers who have underwritten “guaranteed minimum future values” on PCP deals.”


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Lot of sympathy for the buyers because they are all worth it. Hold on - maybe they shouldn't rent their freakin' car just so they look weathly!

As for the dealers, sympathy for a used car salesman? How modern!

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Crises always causes business opportunities. The bigger the crises the greater the opportunities .

Millions will be made...you`ll be able to tell your grandchildren..

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From the Irish Times

“The knock on effects of Brexit are potentially very worrying for both the new and used car markets in Ireland, ” says Rochford “Firstly a weakening of sterling and a surge of cheap UK imports will mean used car values in Ireland may fall sharply from their current position. This may leave many car buyers in negative equity as the value of the car they are driving falls beneath what they owe”.

The effects of a sharp fall in used car values may be particularly pronounced for vehicle dealers and manufacturers who have underwritten “guaranteed minimum future values” on PCP deals.”

PCP Deal...what an apt name for the insurance policy!!, you'd need to be either completely mental or high on drugs to sign up.

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  • The Prime Minister stated that there were three Brexit options available to the UK:   4 members have voted

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