Buy machinery now or wait until after Brexit date?

Wellytrack

Member
All these brexit threads..
machinery will go up post brexit
Meat trade will collapse post brexit
Where is the optimism!
I’m still optimistic that I’ll be in work next year as I’ve bought 3 S/H machines within this last 6 months. If I didn’t think so I wouldn’t have done so.

However that optimism has to be tempered with reality, machinery for the majority of it is bought in Euro.

Meat is not looking good, nor will be for quite awhile.

Our government would cast us out in lieu of cheaper imports or a high value tariff free export like a diarrhoea laden nappy.

Business is calculated risk and it’s very difficult to calculate at the moment.
 

Cowabunga

Member
Location
Ceredigion,Wales
I’m still optimistic that I’ll be in work next year as I’ve bought 3 S/H machines within this last 6 months. If I didn’t think so I wouldn’t have done so.

However that optimism has to be tempered with reality, machinery for the majority of it is bought in Euro.

Meat is not looking good, nor will be for quite awhile.

Our government would cast us out in lieu of cheaper imports or a high value tariff free export like a diarrhoea laden nappy.

Business is calculated risk and it’s very difficult to calculate at the moment.
What you actually mean is that the risks are exceptionally high at the moment.
 
We will leave on the 31st Oct, deal or no deal.

The exchange rate will tank then recover (because dealers want it to, and any excuse will do) in the short-term imports will be expensive, however exports will be good, and it is likely we will ' agree to agree' sometime soon after the 31st Oct and go into purgatory for a while. However, our EU buddies will now be wakening up to the fact that a weak pound is not good for them, and talks will be about pegging the £ to the Euro to keep the frogs happy. This shifts the emphasis away from the back-stop issue, which is all about nowt anyway. There was always a Border before Schengen - on the main roads - plus a myriad of back roads that no had Border control = farce.

Machinery will go up in price, they will chance their arm, if sales fall dramatically, they will go down again, or alternatively a million years at 0% interest. machinery in the UK is already more expensive than several other Countries.

There is no doubt it will be bumpy for a period, the remainers will be orgasmic, however we will recover and go forward.

Remember a weak £+tariffs= the same as a strong £
 

Wellytrack

Member
We will leave on the 31st Oct, deal or no deal.

The exchange rate will tank then recover (because dealers want it to, and any excuse will do) in the short-term imports will be expensive, however exports will be good, and it is likely we will ' agree to agree' sometime soon after the 31st Oct and go into purgatory for a while. However, our EU buddies will now be wakening up to the fact that a weak pound is not good for them, and talks will be about pegging the £ to the Euro to keep the frogs happy. This shifts the emphasis away from the back-stop issue, which is all about nowt anyway. There was always a Border before Schengen - on the main roads - plus a myriad of back roads that no had Border control = farce.

Machinery will go up in price, they will chance their arm, if sales fall dramatically, they will go down again, or alternatively a million years at 0% interest. machinery in the UK is already more expensive than several other Countries.

There is no doubt it will be bumpy for a period, the remainers will be orgasmic, however we will recover and go forward.

Remember a weak £+tariffs= the same as a strong £
I hope your right, however I may point out that the back roads were either blocked with 50 tons of reinforced concrete or more often than not blown up.

There is absolutely no chance the border can be secured by electronic means. 20,000 security personnel could not 3 decades ago.
 

Cowabunga

Member
Location
Ceredigion,Wales
We will leave on the 31st Oct, deal or no deal.

The exchange rate will tank then recover (because dealers want it to, and any excuse will do) in the short-term imports will be expensive, however exports will be good, and it is likely we will ' agree to agree' sometime soon after the 31st Oct and go into purgatory for a while. However, our EU buddies will now be wakening up to the fact that a weak pound is not good for them, and talks will be about pegging the £ to the Euro to keep the frogs happy. This shifts the emphasis away from the back-stop issue, which is all about nowt anyway. There was always a Border before Schengen - on the main roads - plus a myriad of back roads that no had Border control = farce.

Machinery will go up in price, they will chance their arm, if sales fall dramatically, they will go down again, or alternatively a million years at 0% interest. machinery in the UK is already more expensive than several other Countries.

There is no doubt it will be bumpy for a period, the remainers will be orgasmic, however we will recover and go forward.

Remember a weak £+tariffs= the same as a strong £
That sounds reassuring and authoritative even though it is at odds with all the expert opinions. I wonder what you base that nonsense on? Especially our export prediction, when it is most probable that without a deal our exports will be subject to stinging tariffs while our imports seem to be promised to be tariff free.
We are already losing export markets for out beef and Canada, for instance, has broken off trade deal talks because it calculates that there is a good chance that Boris will stand by his word and not introduce tariffs against them. Make no mistake, they are unlikely to reciprocate, hence the breakup of such talks.

It is by no means certain that we will exit on 31st Oct either. Hammond, and very many MP's are dead against it, certainly with no EU deal in place. Parliament will not allow its authority to be usurped by the Prime Minister. It is very unlikely to happen. It is also a mistake to assume that 'out' is the default position if nothing is done one way or another. That is not actually the case.
 
That sounds reassuring and authoritative even though it is at odds with all the expert opinions. I wonder what you base that nonsense on? Especially our export prediction, when it is most probable that without a deal our exports will be subject to stinging tariffs while our imports seem to be promised to be tariff free.
We are already losing export markets for out beef and Canada, for instance, has broken off trade deal talks because it calculates that there is a good chance that Boris will stand by his word and not introduce tariffs against them. Make no mistake, they are unlikely to reciprocate, hence the breakup of such talks.

It is by no means certain that we will exit on 31st Oct either. Hammond, and very many MP's are dead against it, certainly with no EU deal in place. Parliament will not allow its authority to be usurped by the Prime Minister. It is very unlikely to happen. It is also a mistake to assume that 'out' is the default position if nothing is done one way or another. That is not actually the case.

What is to stop us leaving on the 31st Oct ?
 

More to life

Member
Location
Somerset
I’ve been told that no deal brexit would make the second hand market tank by a chap well placed in a major manufacture. I think the tariff was something like 40% but don’t quote that as accurate as this was back in January.
 

Cowabunga

Member
Location
Ceredigion,Wales
I’ve been told that no deal brexit would make the second hand market tank by a chap well placed in a major manufacture. I think the tariff was something like 40% but don’t quote that as accurate as this was back in January.
I'd not heard that, but it probably depends on where to. On some new products maybe, but on used machinery? I don't know but have my doubts about that. The Pound tanking will and has counteracted any decline or tariff to an extent. It hasn't helped much so far though, not as far as meat and milk goes anyhow.
 

More to life

Member
Location
Somerset
I'd not heard that, but it probably depends on where to. On some new products maybe, but on used machinery? I don't know but have my doubts about that. The Pound tanking will and has counteracted any decline or tariff to an extent. It hasn't helped much so far though, not as far as meat and milk goes anyhow.
If your trading used kit to buy new EU kit the pound definitely won’t help
 
Would it be the end of the world if every farm in the UK had a big JCB Fastrack as a main tractor, and something smaller from Basildon as yard tractors ? Other countries seem to be patriotic when it comes to buying tractors, why not the UK ? And don't waffle on about reliability, plenty of threads on here about over priced German tractors with gearbox problems.

Just a thought.
 

More to life

Member
Location
Somerset
Would it be the end of the world if every farm in the UK had a big JCB Fastrack as a main tractor, and something smaller from Basildon as yard tractors ? Other countries seem to be patriotic when it comes to buying tractors, why not the UK ? And don't waffle on about reliability, plenty of threads on here about over priced German tractors with gearbox problems.

Just a thought.
No but do you think JCB will under cut imports by a meaningful amount.
 
Tell us what their options are ? they had a deal and voted it down 3 x .

There are no options, unless the EU re open the withdrawal agreement, we are out on WTO terms, end of.

There is nothing for Parliament to vote on.

Parliament has voted out every option, every permutation is blocked. So, unless Corbyn and his team can raise a vote of no confidence and wins, or Boris has an early election and loses, we are out. Even if Corbyn got into Downing Street, he wouldn't get an agreement through the Commons so that would mean a delay of years.

The only thing to stop our exit on the 31st is if Boris agree's to an extension, if he does, he will lose the next election.

To late for Court cases, to late to re-negotiate, to late..........................
 

bobk

Member
Location
stafford
There are no options, unless the EU re open the withdrawal agreement, we are out on WTO terms, end of.

There is nothing for Parliament to vote on.

Parliament has voted out every option, every permutation is blocked. So, unless Corbyn and his team can raise a vote of no confidence and wins, or Boris has an early election and loses, we are out. Even if Corbyn got into Downing Street, he wouldn't get an agreement through the Commons so that would mean a delay of years.

The only thing to stop our exit on the 31st is if Boris agree's to an extension, if he does, he will lose the next election.

To late for Court cases, to late to re-negotiate, to late..........................
I know that , but the Duck thinks not ....
 

Cowabunga

Member
Location
Ceredigion,Wales
Tell us what their options are ? they had a deal and voted it down 3 x .
The only thing that they overwhelmingly agree with is that we should not exit without a deal. They can't agree what a deal should look like though.

The country is actually in a crisis of leadership. Almost a constitutional crisis.
 

bobk

Member
Location
stafford
The only thing that they overwhelmingly agree with is that we should not exit without a deal. They can't agree what a deal should look like though.

The country is actually in a crisis of leadership. Almost a constitutional crisis.
But they voted for Article 50 overwhelmingly , and the default of that is ....
 

Cowabunga

Member
Location
Ceredigion,Wales
The default is not an exit with no deal if nothing is done. Not as I understand it, even though that is the generally understood wisdom. Leaving needs the agreement of Parliament and that is not forthcoming without some kind of deal and certainly not from a prorogation.
It could well be that Boris calls an early election and that Brexit is further delayed until his inevitable win.
 

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