Will demand for UK cars in the EU drop off a cliff?

[Stratie.fr]

Or will asking prices drop off a cliff?

'SINCE JANUARY 1ST, VAT AND CUSTOMS DUTIES

Brexit is a reality. You now have to pay 20% VAT and 10% customs duties on any vehicle purchase in England.

Efforts are being made to try to change this rule'

If this is true a £70k car becomes a £92400 car by the time you've paid the duty and VAT........

For sure that’s a worrying issue! It isn’t a good news for UK sellers and sportcars companies!
It’s such a shame these duty-custom taxes would surely discourage almost EU buyers in priced cars and new kits!!