This is not, you will be glad to hear, in any way a political blog. 

What is clear, however, is that the Brexit vote will have an impact on the new and used car markets.

Despite initial predictions of economic doom, anecdotal evidence is coming through from new car dealerships that they are as busy as ever.

How long this will last is less certain, and will chiefly be driven by the economic confidence of consumers and the reaction of manufacturers to the falling value of the pound.

Brexit: what do the car makers think?

Right now, it is still a buyers’ market. Such is the competition for sales, despite all the talk of manufacturers having to raise prices because of the impending threat of Brexit, nobody actually anticipates it happening even if it is proven that manufacturing and export or import costs have risen (a delicate equation that's yet to be proven either way).

Instead, the key indicator to keep an eye on is discount levels, which were at record levels prior to the Brexit vote. We’ve not seen much change in that because car manufacturers typically budget three to six months in advance, predicting demand and working their plants accordingly.