2017 Road Tax changes....
Discussion
The new tax bands are bonkers. Only electric cars are tax exempt. All other cars pay the same £140 per year. So a super-economical hybrid pays the same as a Bentley. There is now zero incentive to buy a low emission car.
Where you do see a difference is in the fine you have to pay when buying a new car (also known as "showroom tax"). The gas guzzlers do pay more but thereafter they are the same as the fuel misers so in the second-hand market it makes no difference.
Where you do see a difference is in the fine you have to pay when buying a new car (also known as "showroom tax"). The gas guzzlers do pay more but thereafter they are the same as the fuel misers so in the second-hand market it makes no difference.
Charles Sweeney said:
The new tax bands are bonkers. Only electric cars are tax exempt. All other cars pay the same £140 per year. So a super-economical hybrid pays the same as a Bentley.
Nowhere near that simple for the first five years.First year rate is CO2-linked, from £0 (0g CO2) to £2,000 (255g+). Only climbs steeply above 150g.
Standard rate after first year is £140, or £0 for zero CO2.
£40k+ list price rate is £450/yr, £310/yr for zero CO2 £40k+, for years 2-5.
So a Bentley will cost you £4,500 for the first ten years. A 99g/km CO2 <£40k car will cost you £1,380. A 151g/km car <£40k car will cost you £1,760.
This doesn't seem like such a bad system although will it be back dated? e.g. if someone buys a >255g car now will they be paying the £2k a year or will it onyl be for new cars as of 2017 and everyone else just pays the £140. That could cause havoc for people who aren't aware of this in late 2016 and stretch to buy their 'dream car' only to be taxed out of it.
cayman-black said:
Can you tax the car for one month only ? i.e buy six months then cancel and get five months refund, anyone know? TIA.
Do that mean that you'll get 5/6ths of the initial 'big tax' back, then immediately retax the car at the 'normal' £140 annual rate?If so, then it's a great idea but surely better to take a years tax out and get 11/12ths back?
renrut said:
This doesn't seem like such a bad system although will it be back dated? e.g. if someone buys a >255g car now will they be paying the £2k a year or will it onyl be for new cars as of 2017...
Just for new cars - in the same way as the 2001 changes weren't backdated, and the 2006 extra bands weren't backdated.Stevez said:
This is the biggest load of nonsense i've ever heard. I can't believe this could actually happen. It's awful.
You do realise it was announced over a year ago?http://www.bbc.co.uk/news/business-33447106
I was searching for some·thing else & saw about 2017 tax 'disc' months ago.
We can call it 'road tax' again.
Think adding to fuel price good idea, been on other web site about that. Can haulage get some tax back on what they spend on fuel?
For 125cc M'bike = only 17 GBP, = same as 150cc 3-wheeler, So any1 here tempted to use 1 instead of a car?
We can call it 'road tax' again.
Think adding to fuel price good idea, been on other web site about that. Can haulage get some tax back on what they spend on fuel?
For 125cc M'bike = only 17 GBP, = same as 150cc 3-wheeler, So any1 here tempted to use 1 instead of a car?
I can't see this being as bad as it appears. £40k for a car is not unusual these days.
Do we think manufacturers or dealers will somehow work round this?
A car for £39,999 then a lot of what are factory options actually bolted on by the dealer. Obviously there will be options like paint and panoramic roofs that will have to be factory ordered.
This could also bugger up the nearly new market in pre-Reg and demo cars.
Will it see in future cars over 5 years old being worth more than say a 2 year old car?
This may bring tax money in but I can see it potentially hitting the economy with a car sales slump. Another thing to hit the middle income comfortable middle classes.
Suddenly the prospect of my next 40-something K car seems less appealing.
As I say, I can't see this being as bad as it appears. Surely not?
Do we think manufacturers or dealers will somehow work round this?
A car for £39,999 then a lot of what are factory options actually bolted on by the dealer. Obviously there will be options like paint and panoramic roofs that will have to be factory ordered.
This could also bugger up the nearly new market in pre-Reg and demo cars.
Will it see in future cars over 5 years old being worth more than say a 2 year old car?
This may bring tax money in but I can see it potentially hitting the economy with a car sales slump. Another thing to hit the middle income comfortable middle classes.
Suddenly the prospect of my next 40-something K car seems less appealing.
As I say, I can't see this being as bad as it appears. Surely not?
MrBinary said:
Does anyone have a calculator or table of new road tax figures for old cars? In news they only speak about new cars...
The only cars affected are those brand spankin' after 1st March - so 17 plate and later.51-66 plate will stay on the old CO2 bands.
40yo to Y plate will stay at the 1550cc split.
40yo+ will stay free of charge.
TooMany2cvs said:
MrBinary said:
Does anyone have a calculator or table of new road tax figures for old cars? In news they only speak about new cars...
The only cars affected are those brand spankin' after 1st March - so 17 plate and later.51-66 plate will stay on the old CO2 bands.
40yo to Y plate will stay at the 1550cc split.
40yo+ will stay free of charge.
Gassing Station | Motoring News | Top of Page | What's New | My Stuff