New VED Bands

Author
Discussion

colinjm

937 posts

219 months

Wednesday 12th March 2008
quotequote all
From what I can tell from another thread earlier, the pre-2001 is £185 this year and £200 next year, but that may be wrong.

But this does mean that it's worth keeping our 1.8TD N plate Mondeo for a few years longer. And the Aygo (at 109g/km) should be worth keeping too come balloon payment time.

off topic, but does anyone in the trade know how Toyota Aygo depreciation is looking?

Edited by colinjm on Wednesday 12th March 16:05

Welshbeef

49,633 posts

199 months

Wednesday 12th March 2008
quotequote all
Given Im looking to buy a new car which is around 5 years old this change in Tax is going to have a big impact on my purchase choice. I think I can say that as my budget is around £7-10k its now going to have to be diesel as Im not prepared to pay 4.4-6% of the cars purchase value in annual road tax.

The equivalent Diesel is 1.2-1.7% thats a big saving add that to the constantly increasing fuel costs and the efficiency of the diesel engine over the petrol just amplifies the difference. For many more people now the choice between petrol & diesel will be the financial difference.


volvos60s60

566 posts

215 months

Wednesday 12th March 2008
quotequote all
Well, I drive a year 2000 BMW 530d auto which has a 2926cc diesel engine. Just escapes both the £25 Kengestion Tax as it's pre 2001 & under 3000cc, & also now escapes the more punitive VED. Might just be keeping it a while - wonder how much it's increased in value today!

Welshbeef

49,633 posts

199 months

Wednesday 12th March 2008
quotequote all
colinjm said:
From what I can tell from another thread earlier, the pre-2001 is £185 this year and £200 next year, but that may be wrong.

But this does mean that it's worth keeping our 1.8TD N plate Mondeo for a few years longer. And the Aygo (at 109g/km) should be worth keeping too come balloon payment time.

off topic, but does anyone in the trade know how Toyota Aygo depreciation is looking?

Edited by colinjm on Wednesday 12th March 16:05
Well your 1.8T will cost £200 up from the £185 currently. Note the current shape 330d 231bhp is £150p.a. VED!!Whereas the Mondy 2.2 ST is a nice £205.

As for the Touota Aygo £20p.a. road tax thats a nice thing to have (I wonder if the Govt allow you to buy it in 6 monthly installments?? lol).
However on a serious note provided your Mondy is running well just keep the thing when it goes then its tough decision time.

Focus ST owners are VERY lucky just 1g/km shy of the dreaded £440p.a.

130R

6,810 posts

207 months

Wednesday 12th March 2008
quotequote all
With only 255 needed to be in the top band you might as well do it properly and get a Cayenne Turbo which offers a polar bear mashing 358 g/km of CO2. Take that greenpeace.

Welshbeef

49,633 posts

199 months

Wednesday 12th March 2008
quotequote all
volvos60s60 said:
Well, I drive a year 2000 BMW 530d auto which has a 2926cc diesel engine. Just escapes both the £25 Kengestion Tax as it's pre 2001 & under 3000cc, & also now escapes the more punitive VED. Might just be keeping it a while - wonder how much it's increased in value today!
I wouldnt say its increased at all Id say demand for Band JKL & M has nose dived though & it doesnt take a genious to realise that the VED for cars in those bands will just keep going in one direction.


Oakey

27,595 posts

217 months

Wednesday 12th March 2008
quotequote all
It's fking bks is what it is.

I'm fed up of all this raping the taxpayer under the guise of protecting the environment.

I watched on Sky News as that Darlng left Downing Street and got into his car (a 5 series I believe it might have been) to drive to Westminster. Even the Sky News reporter commented on how it was taking him longer to drive there due to traffic than it would have if he had walked.

What a bunch of theiving, money grabbing bd hypocrites.

Welshbeef

49,633 posts

199 months

Wednesday 12th March 2008
quotequote all
Just had a thought anyone looking at the New & old shape Mini Cooper S might want to rethink the old one costs £300p.a. VED the new one costs.... £120 its more or less identical on performance too and given similar 2nd hand asking price only a numpty would buy the supercharged version.

Personally I think the reason this was done (ignoring the bringing in a lot more tax) is that if he upped the VED for any new car in a new band there would be so many systems on the go buying 2nd hand would be a mine field so youd have to check parkers to ensure you know your tax banding.


Sounds very like the council tax system - they review the properties (like they did in Wales) and everybody had increased tax charges... odd really as it was supposed to be tax neutral - no wonder they havent attempted to do it yet in England

will_

6,027 posts

204 months

Wednesday 12th March 2008
quotequote all
Andrew D said:
will_ said:
How does this help the environment? WE'VE ALREADY BOUGHT THE SODDING CARS!
Hear hear. Backdating to 2001 really is outragous.
It's not as though we're all going to think - this has already cost me £400 in tax whether I drive 1 mile or 100,000, but I'll take the bus now! ALL this will do is to hit residuals of 2001-onward models of cars, so they are only worth scrapping. Great environmental policy.

If it is genuinely about emissions, make it from 2015 onwards (so people can choose a greener car in the future, rather than scrapping a perfectly good one now) or put it on fuel (so that it reflects your actual pollution not your potential pollution). Better still, scrap the lot of it!

JohnnyPanic

1,282 posts

210 months

Wednesday 12th March 2008
quotequote all
HRG said:
Kerchinng, is that the sound of old cars going up in value?
I do believe it was. Shame mine's just a piffling 2 litre...

pdV6

16,442 posts

262 months

Wednesday 12th March 2008
quotequote all
Oakey said:
I watched on Sky News as that Darlng left Downing Street and got into his car (a 5 series I believe it might have been) to drive to Westminster. Even the Sky News reporter commented on how it was taking him longer to drive there due to traffic than it would have if he had walked.
I don't disagree with you, but it's probably "security" innit? (And rightly so, after today rage)

page3

4,924 posts

252 months

Wednesday 12th March 2008
quotequote all
As I said on the other thread, my bog standard 1.6 Ford Focus will now be £260!

...My TVR remains at £185.

Bungleaio

6,339 posts

203 months

Wednesday 12th March 2008
quotequote all
When do we get a chance to vote these s out?

Has this decision been set now or if someone else gets in can it be changed?

I deliberately bought my scoob becuase it was in band F but it has the emmissions for band G
but it was registered before G was introduced. If this is how things are going to be I will definately be selling as it already costs around £80 a week in fuel alone without another tenner having to go on road tax.

I wonder how many kit car builders will be SVAing a tiny band A/B car only to have a large engine transplant as soon as it gets home?

Welshbeef

49,633 posts

199 months

Wednesday 12th March 2008
quotequote all
will_ said:
Andrew D said:
will_ said:
How does this help the environment? WE'VE ALREADY BOUGHT THE SODDING CARS!
Hear hear. Backdating to 2001 really is outragous.
It's not as though we're all going to think - this has already cost me £400 in tax whether I drive 1 mile or 100,000, but I'll take the bus now! ALL this will do is to hit residuals of 2001-onward models of cars, so they are only worth scrapping. Great environmental policy.

If it is genuinely about emissions, make it from 2015 onwards (so people can choose a greener car in the future, rather than scrapping a perfectly good one now) or put it on fuel (so that it reflects your actual pollution not your potential pollution). Better still, scrap the lot of it!
I wouldnt agree with 2015, Id say from Sept 1st 2008.
My car is in the highest band £440 (but its very old so I pay £200) however I travel 15k a year so per mile thats £0.03 per mile. Currently with petrol prices at £1.049 I get £0.16 per mile which equates to around 350 miles or 28mpg in old money.

So if they scrapped VED for me my fuel bill would rise to £0.19 per mile.

evenflow

8,789 posts

283 months

Wednesday 12th March 2008
quotequote all
budget report 08 said:
For cars registered after March 1st 2001

From the 2008 budget report (downloadable as a pdf)

2008-2009 Co2 (g/km) Price for 12 months (effective from 13th march)

A - Up to 100 - £0
B - 101-120 - £35
C - 121-150 - £120
D - 151-165 - £145
E - 166 - 185 £170
F - Over 186 (1) £210
G - Over 226 (2) £400

(1) registered before 23rd march 06
(2) registered after 23rd march 06

2009-10 / 2010-2011 + (first year rate)

A - Up to 100 £0 / £0 + £0 (fyr)
B - 101-110 £20 / £20 + £0 (fyr)
C - 111-120 £30 / £35 + £0 (fyr)
D - 121-130 £90 / £95 + £0 (fyr)
E - 131-140 £110 / £115 + £115 (fyr)
F - 141-150 £120 / £125 + £125 (fyr)
G - 151-160 £150 / £155 + £155 (fyr)
H - 161-170 £175 / £180 + £250 (fyr)
I - 171-180 £205 / £210 + £300 (fyr)
J - 181-200 £260 / £270 + £425 (fyr)
K - 201-225 £300 / £310 + £550 (fyr)
L - 226-255 £415 / £430 + £750 (fyr)
M - Over 255 £440 / £455 + £950 (fyr)
Does that mean in 2010 you'd pay £455+£950 = £1405 for a band M car?

Apache

39,731 posts

285 months

Wednesday 12th March 2008
quotequote all
will_ said:
If it is genuinely about emissions, make it from 2015 onwards (so people can choose a greener car in the future, rather than scrapping a perfectly good one now) or put it on fuel (so that it reflects your actual pollution not your potential pollution). Better still, scrap the lot of it!
It has nothing whatsoever to do with emissions, they are broke, very, very broke and they are pushing their borrowing limits to the brink in order to avoid drowning

woooorrb!

73 posts

213 months

Wednesday 12th March 2008
quotequote all
AAAAAAGGGGGGGHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!

Gordon out now.

Welshbeef

49,633 posts

199 months

Wednesday 12th March 2008
quotequote all
Bungleaio said:
When do we get a chance to vote these s out?

Has this decision been set now or if someone else gets in can it be changed?

I deliberately bought my scoob becuase it was in band F but it has the emmissions for band G
but it was registered before G was introduced. If this is how things are going to be I will definately be selling as it already costs around £80 a week in fuel alone without another tenner having to go on road tax.

I wonder how many kit car builders will be SVAing a tiny band A/B car only to have a large engine transplant as soon as it gets home?
Id say you can add a thousand or £1500 extra depreciation following today.

When a new govt comes in yes they can change it but it will happen in the following year. So say we had an election in 2009 (May) then the first budget would be in Mar10 and thn as is the norm the changes would come into being the following April 2011 (This is because it takes a long time for all the red tape to get sorted - whereas 2pence per ltr can be done overnight the onus then is on the companies brining in the tax not the inland revenue who facilitate road tax.


otolith

Original Poster:

56,323 posts

205 months

Wednesday 12th March 2008
quotequote all
evenflow said:
Does that mean in 2010 you'd pay £455+£950 = £1405 for a band M car?
No, it means the first year it would be 950 and thereafter it would be 455.


You know, I'm almost tempted to get rid of the cars, buy a dirt cheap diesel to drive it like I hate it and then spend all of my disposable income on long haul flights to polar bear hunting expeditions.

Although, I have always wanted an RX-7.

will_

6,027 posts

204 months

Wednesday 12th March 2008
quotequote all
Apache said:
will_ said:
If it is genuinely about emissions, make it from 2015 onwards (so people can choose a greener car in the future, rather than scrapping a perfectly good one now) or put it on fuel (so that it reflects your actual pollution not your potential pollution). Better still, scrap the lot of it!
It has nothing whatsoever to do with emissions, they are broke, very, very broke and they are pushing their borrowing limits to the brink in order to avoid drowning
I know - but we are an easy target without a voice. We HAVE to use cars for some journeys, they have to be taxed to be used so REGARDLESS of mileage and therefore actual pollution we are FORCED into paying an excessive amount as a 'one off' tax. This is not a 'green' tax.