Brexit related new bike tariffs (+14%) :-(

moonshine
moonshine Posts: 1,022
edited February 2021 in Road buying advice
It looks like another brexit bonus -
The wife’s new bike (from a major Eu manufacturer) will be subject to a 14% tariff.
It has been on order for 7-8 months, and was due for delivery in early Jan, but it looks like it is only managing to get supplied by the manufacturer to the UK dealer in the next few weeks due to Brexit related delays.
I guess the 14% tariff is due to “rules of origin” - but surprisingly e-bikes are exempt from the tariff under the deal.

the reasons for the price increases are cited as follows:
  • Container price for bike parts and frames going into the EU from Asia (source) have increased 7 fold since the Covid-19 pandemic, and this is due to a lack of containers around the world, so the demand out weighs the supply and therefore the price increased.
  • There has been a relatively low increase on E-Bikes as within the deal, these are considered Tariff- Free items (Great news!), however the increase is due to the freight costs increasing to the UK.
  • There is now a 14% tariff on any bicycle imported from the EU to the UK and visa versa, which has had to have been reflected in the bike prices - this additional cost is being passed onto the consumer and therefore the RRP has had to reflect this. On top of this 14% freight costs are also factored in too.

Comments

  • flasher
    flasher Posts: 1,734
    Double whammy, Brexit and Covid, the gifts that keep giving.
  • MattFalle
    MattFalle Posts: 11,644
    but at least you lot got blue passports and sovreignty, eh....
    .
    The camera down the willy isn't anything like as bad as it sounds.
  • MattFalle said:

    but at least you lot got blue passports and sovreignty, eh....

    Yes! I'm going to really enjoy using my new passport when I go on my holiday this year to... oh.
  • moonshine
    moonshine Posts: 1,022
    Ive got an Irish passport as well... Phew!
    They also said they cannot send bikes via UK to IRE - so they are having to ship bikes to IRE direct.....
  • thistle_
    thistle_ Posts: 7,219
    moonshine said:

    They also said they cannot send bikes via UK to IRE - so they are having to ship bikes to IRE direct.....

    I read somewhere that you can physically ship via the UK but you have to pay 14% when it comes into the UK then 14% when it goes into IRE/EU.
    I thought you could claim it back as it was being re-exported but the businesses being interviewed seemed to think not.
  • moonshine
    moonshine Posts: 1,022
    edited February 2021
    They said they were just bypassing UK and exporting EU -> IRE by sea - i presume to avoid paying import duties.
    - as i think it can only avoid paying import duties twice if it passes directly through the UK with no warehousing - see M&S Percy Pigs article...
    https://www.bbc.co.uk/news/55648201
  • orraloon
    orraloon Posts: 13,424
    #blue(ish)passports

    It's da will of da peepul innit. I'm just off to put leaded petrol in my world beating beige Austin Allegro before visiting the gammon farm.
  • elbowloh
    elbowloh Posts: 7,078
    orraloon said:

    #blue(ish)passports

    It's da will of da peepul innit. I'm just off to put leaded petrol in my world beating beige Austin Allegro before visiting the gammon farm.

    Just don't do what David Cameron done with the pigs.
    Felt F1 2014
    Felt Z6 2012
    Red Arthur Caygill steel frame
    Tall....
    www.seewildlife.co.uk
  • daniel_b
    daniel_b Posts: 12,168
    Who could have predicted this happening.
    Felt F70 05 (Turbo)
    Marin Palisades Trail 91 and 06
    Scott CR1 SL 12
    Cannondale Synapse Adventure 15 & 16 Di2
    Scott Foil 18