The jury may still be out on whether the UK voting to leave the European Union was a good idea or not, but Brexit has done wonders for Caterham’s Australian pricing.
Thanks to the devaluation of the UK Pound as a result of the vote, Caterham has managed to slash the prices of its Seven range by between $4000-$13,400, vastly improving its value-for-money equation. The full list of reductions can be seen below:
|Model||New Price||Old Price||Reduction|
|Seven 275 S||$69,900||$83,300||$13,400|
|Seven 355 R||$94,800||$99,800||$4,000|
|Seven 485 S||$103,700||$114,400||$10,700|
|Seven 485 R||$114,900||$127,000||$12,100|
Caterham has endured a tough time in Australia. The high cost of meeting Australian Design Rules and the low number of vehicles sold pushes prices up, however the entire range was inadvertently ruled to be illegal in recent times, causing significant headaches for the Australian importer.
Every new vehicle in Australia has to be fitted with driver aids like anti-lock brakes and electronic stability control, however the likes of Caterham and Morgan receive an exemption due to the extremely low numbers sold.
Unfortunately, this exemption was mistakenly removed and attempting to get it reinstated took many months work, though thankfully this has now taken place.
Caterhams require an extraordinary amount of compromise, however they also deliver a truly unique driving experience, one that every enthusiast should try at least once. The good news is, the experience is now cheaper than ever.