718 GT4 U.K. road tax £5.5k!

[PRO5T]

https://www.everyvehiclelease.co.uk/blog/road-tax-...

I keep seeing reference to this, it can’t be correct surely?

£5,500 per annum to tax a 718 Cayman GT4??

[Youforreal.]

Is that not the one off new registration tax?

Nobody is paying 2.5k a year in road tax now.

[LemonTart]

I thought this was for the first years VED only not the ongoing rate every year.

May be worth a bit more Googling around to see if it's just a poorly written article.

[Youforreal.]

LemonTart said:

I thought this was for the first years VED only not the ongoing rate every year.

May be worth a bit more Googling around to see if it's just a poorly written article.

Most expensive seems to be £735/735 depending on registration for 2024, even it doubles it nothing near the above, rest easy all.

[PRO5T]

I’ve looked at two sources that explicitly say “per annum”, although with AI written ste there’s no guarantees.

It seems so incredulous it can’t be real?

[M5LVYN]

My '23 GT4 was £570 for the year to tax at 1 year old in 2024.

[GT4P]

Is there not a gov. site you can put reg. in and check?

[M5LVYN]

If I'm reading the gov website correct it's £600 for 2025 for GT4 cars older than a year. £410 additional rate plus standard £190.

[Nuttcase]

The article is incorrect. £5,490 is the first year VED for cars >255g/km CO2 registered on or after 1st April 2025 which is exactly double the current rate for a new reg. For the second year onwards, the rate defaults to the standard petrol rate £190 plus £410 if list price >£40,000 for the next 5 years.

[Discombobulate]

Currently 60,000 euros - yes, sixty thousand - in France (one off fee at purchase).
Coming to somewhere near you eventually I suspect...

[markiii]

on a Cayman?

[Discombobulate]

markiii said:

on a Cayman?

Based on CO2 rating. Anything over 193g/km

https://www.forbes.com/sites/michaeltaylor/2023/09...

Edited by Discombobulate on Thursday 2nd January 16:00

[The Rotrex Kid]

Nuttcase said:

The article is incorrect. £5,490 is the first year VED for cars >255g/km CO2 registered on or after 1st April 2025 which is exactly double the current rate for a new reg. For the second year onwards, the rate defaults to the standard petrol rate £190 plus £410 if list price >£40,000 for the next 5 years.

This, All of this.

There's so much disinformation around about this.

If you're buying a brand new car that puts out more than 255g of CO2 and wibbling about an extra £2700 of first year VED, you probably shouldn't be buying that car

[GTSjohn]

Discombobulate said:

Currently 60,000 euros - yes, sixty thousand - in France (one off fee at purchase).
Coming to somewhere near you eventually I suspect...

Another master stroke in achieving economic growth - aka how to kill your automotive sector in one easy lesson! Surely all that will happen is that France will hoover up nearly new cars from the rest of Europe? I wonder if the same charge will apply to dealer pre registered cars?

Madness .....

[Chamon_Lee]

Discombobulate said:

Currently 60,000 euros - yes, sixty thousand - in France (one off fee at purchase).
Coming to somewhere near you eventually I suspect...

Honestly its barking mad if not bloody criminal.

[SV_WDC]

Chamon_Lee said:

Honestly its barking mad if not bloody criminal.

Tax the things you want to discourage and don't tax the things you want to encourage

Anyway, all tax changes can be found here - there are implications for EV's from 1st April 2025

https://www.gov.uk/government/publications/vehicle...

[WhiskyDisco]

SV_WDC said:

Tax the things you want to discourage and don't tax the things you want to encourage

Anyway, all tax changes can be found here - there are implications for EV's from 1st April 2025

https://www.gov.uk/government/publications/vehicle...

What does that link actually tell us?

[130R]

The Rotrex Kid said:

If you're buying a brand new car that puts out more than 255g of CO2 and wibbling about an extra £2700 of first year VED, you probably shouldn't be buying that car

Not wanting to pay an extra £2700 for absolutely nothing is perfectly normal

[GT4P]

Let’s start road taxing vehicles by weight much better for the environment. And while they are at it why not have a discussion on exactly how environmentally unfriendly EV are! Not sure how true but it’s 500 kilos or tonnes of ore pulverised and washed with sulphuric acid to extract 15 kilos of the stuff needed per car battery! Where does all that liquid go? Plus the extra 15+ Nuclear power stations needed to generate enough electricity for all the electric vehicles in the future.

Edited by GT4P on Thursday 2nd January 17:13

Edited by GT4P on Thursday 2nd January 17:14

[SV_WDC]

WhiskyDisco said:

SV_WDC said:

Tax the things you want to discourage and don't tax the things you want to encourage

Anyway, all tax changes can be found here - there are implications for EV's from 1st April 2025

https://www.gov.uk/government/publications/vehicle...

What does that link actually tell us?

Exactly this: "all tax changes can be found here - there are implications for EV's from 1st April 2025"