WHEN THE DUST SETTLES
Will bikes cost more after Brexit? We put that question to a dozen brands at the start of January and the resounding answer was neither yes nor no. It was: we don’t know, check back again in a few months’ time. So two months on, we’ve asked again: have costs gone up, by how much, and why?
The first question is easy to answer, yes they have. Direct-sales sector is the easiest place to start because there’s no hiding from the bike’s final price in your online basket.
Take YT Industries, a brand known for its outstanding value. It tells customers on its landing page that bikes will incur increased shipping and import fees to the tune of £185, and a further 14 per cent customs duty (or six per cent for an e-bike)
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