Weak pound attracting foreign supercar buyers to British dealers

There has been a recent surge in the number of supercars being sold in Britain, and it’s largely because buyers from foreign countries are flocking in to take advantage of the weak exchange rate.

That is according to the Surrey-based supercar seller Romans International, which says that overseas enquiries have risen by more than 20 per cent since the Brexit vote last June. The outcome of that vote has created political and economic uncertainty which has affected the value of the pound.

Now it has emerged that a side effect of the recent drop to the pound’s value is that foreign supercar buyers are coming to Britain to grab the likes of the Porsche 918 Spyder and Bugatti Veyron on a relatively cheap deal.

The owner of Romans International, Paul Jaconelli, said: “The last couple of years have seen a huge increase in the number of supercars bought overseas and imported into Britain, but since Brexit it has completely reversed as foreign buyers are taking advantage of the weak pound. Most of the increased interest has come from Europe and the Far East.”

Romans International recently added three McLaren P1 models to their stock, each carrying a £1.6 million price tag.

Jaconlelli commented: “A car like the P1 would have cost an American buyer $2,205,000 in June. Today they can buy the same car for $1,900,000 – a drop of 14 per cent.”

Find prices for new cars at carkeys.co.uk