OnePlus 3 may cost more in the UK due to Brexit

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The OnePlus 3 may soon cost more in the UK than any other country, due to recent Brexit developments. The OnePlus 3 currently costs £309 here in the UK but OnePlus may be forced to increase the price due to the drop in the value of the British pound that followed the recent vote to leave the European Union.

In an emailed press statement and posted on the company’s forums, a OnePlus spokesman stated:

“We’ve always strived to create the best product and deliver them to customers at a reasonable price. However, the worrying downward trend of the GBP may make it difficult to maintain our current pricing structure in the UK. Our margins have always been thin, and our expenses are mainly in USD. This being the case, sudden drops such as the one that the Pound has recently experienced could have a direct impact on our prices.

We’re telling you this now because we don’t want you to be blindsided. If you’re thinking of buying, we recommend doing so sooner rather than later. However, if a price change comes to pass, it will not be a decision that we take lightly. We have only had to increase prices once before, when the Euro hit a nine-year low against the dollar at the beginning of 2015, and we did so reluctantly. Currency fluctuations are not your fault, nor our fault; but if we sell at a loss, the simple fact is that there won’t be a OnePlus in the future.”

In the immediate aftermath of “Brexit,” the Pound dropped to $1.33, to its lowest level against the U.S. dollar in 31 years, before rebounding slightly in recent days. This basically that means that in the UK, OnePlus earns around $40 less from a OnePlus 3 sold today compared to last week.

If you are thinking of buying a OnePlus 3 in the UK, now may be a better time, than leaving it to later.

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