Road Tax Cost 1st Yr on a used car
Discussion
Hi,
I have just done a deal on 2021 car which was approx 65k new, the vehicle is only 4 months old The question I have is that the 1st Yr road tax which is approx £1600 has been already absorbed when the car was purchased.
Would this be payable again or which rate would I have to pay (if any)?
Thanks
I have just done a deal on 2021 car which was approx 65k new, the vehicle is only 4 months old The question I have is that the 1st Yr road tax which is approx £1600 has been already absorbed when the car was purchased.
Would this be payable again or which rate would I have to pay (if any)?
Thanks
Vehicles that were over £40k+ list price when registered have to pay an additional charge, on top of the standard rate, for 5 years from the second time it's taxed. Last i checked it was £335 in addition to the standard yearly rate. So if it's a petrol / diesel it would be £155 basic + £335 additional charge to total £490.
Check the link below to confirm pricing based on the fuel type, emissions, etc.
https://www.gov.uk/vehicle-tax-rate-tables
Check the link below to confirm pricing based on the fuel type, emissions, etc.
https://www.gov.uk/vehicle-tax-rate-tables
Edited by AlexRS2782 on Sunday 10th October 00:52
On the refunds section it says
i.e. they don't refund the first-year surcharge to the first owner.
Combined with the fact that the higher rate is described as "First tax payment when you register the vehicle" and the subsequent rates as "Rates for second tax payment onwards", I would infer that
(a) you won't need to worry about paying any of the initial £1600 again, and
(b) you'll be paying the 'second tax payment onwards' rate plus the luxury surcharge if applicable on the new price, as described above.
gov.uk said:
Refund for the first tax payment on the vehicle
The amount you get back will be based on whichever is lower of:
the first tax payment when you registered the vehicle
the rate for the second tax payment onwards
https://www.gov.uk/vehicle-tax-refundThe amount you get back will be based on whichever is lower of:
the first tax payment when you registered the vehicle
the rate for the second tax payment onwards
i.e. they don't refund the first-year surcharge to the first owner.
Combined with the fact that the higher rate is described as "First tax payment when you register the vehicle" and the subsequent rates as "Rates for second tax payment onwards", I would infer that
(a) you won't need to worry about paying any of the initial £1600 again, and
(b) you'll be paying the 'second tax payment onwards' rate plus the luxury surcharge if applicable on the new price, as described above.
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