Classic Car Weekly  |  29th June 2016
BREXIT: HOW 'LEAVE' VOTE AFFECTS YOU
Last week’s EU Referendum looks set to prompt huge changes in the classic car market. Industry experts believe mainstream British classics are unlikely to be hit by the UK’s vote to Brexit, but imports at the international end of the market will certainly be affected by early adjustments in the value of Sterling. Prices of common imports already in the UK are likely to strengthen as a result. With 52% of votes favouring an EU exit against 48% voting to remain, the country has by a whisker set into action the biggest British political upheaval in a since the end of WWII and economic pundits predict widespread changes ahead. It is unlikely that the domestic market for British classics will feel any effect from Brexit, if people keep on spending.
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Articles in this issue
Below is a selection of articles in Classic Car Weekly 29th June 2016.