Jaguar company most to lose from new tax laws?

[alfabadass]

I've been shopping for a new car for ages now and checked out specs for every car you can think of and have been concious of the new tax laws. Really like the X type but it seems every model in the range is going to be hit by £410 tax! £300 I can deal with but £400 is surely going to decimate resale values?

Some ads of autotrader have stated that cars registered before 2006 are exempt from the £400 beating, but reading up on it, its only for this year!

If I'm after an X type, is it better to wait till march and see where prices go or try and negotiate a lower price now. I'm only after a 3k 2001...

[speed8]

I assume you're looking at the petrol versions as the diesel is still on the low tax bracket and should only go up to £155 maximum in 2010/11

[Jaguar steve]

Idiotic really isn't it.

New Jaguar sales have fallen by 40% over the last year or so, jepordising tens of thousands of jobs in UK factories and related industries. The value of second hand Jaguars has also fallen dramatically meaning we've all lost thousands more in depreciation. Main dealers and independents will soon be struggling to survive, putting even more jobs at risk.

People out of work or worried about their employment prospects don't spend, which contributes to a further decline in economic activity.

So why bang yet another nail in the coffin of the most profitable sector of the motor industry by increasing tax - don't forget the VED is double in the first year under the proposals - and therefore driving demand down further?

[NormanD]

Looks as if I will be keeping my 1999 XKR



All the mods I've done, not much of it is a '99 but that's that it says on the V5

[Jaguar steve]

There. Just heard on the lunchtime news that Jaguar have told 2000 Halewood employees to stay at home this week due to falling demand.

My XJ is a 2000 model so won't be affected by the VED change .

But consider this as just one example of how flawed the proposals are: If it was a few months younger I'd be paying £430 in 2010, meaning my road tax would have increased by £245. That's not just a one off - keep a car for 10 years and you've been stung for £4300.

My kids, who both use far more petrol a year and as a consequence cause much more environmental damage than I do in their Fiesta / Saxo hot hatches actually both see a small decrease in road tax under the new proposals.

So easy to see these changes have little to do with saving the the environment, but are just a tax raising excercise - one which is likley to cause far more damage to the UK economy and consequential loss of revenue to the government as a whole than it will ever raise in additional road tax.

Potential prestige car buyers will just think "sod that" and walk away.

[cardigankid]

Jaguar steve said:

Idiotic really isn't it.

New Jaguar sales have fallen by 40% over the last year or so, jepordising tens of thousands of jobs in UK factories and related industries. The value of second hand Jaguars has also fallen dramatically meaning we've all lost thousands more in depreciation. Main dealers and independents will soon be struggling to survive, putting even more jobs at risk.

People out of work or worried about their employment prospects don't spend, which contributes to a further decline in economic activity.

So why bang yet another nail in the coffin of the most profitable sector of the motor industry by increasing tax - don't forget the VED is double in the first year under the proposals - and therefore driving demand down further?

And furthermore the rozzers for no good reason that I can discern spend all their, sorry OUR, money on BMW's and Mercs.

[Jaguar steve]

cardigankid said:

Jaguar steve said:

Idiotic really isn't it.

New Jaguar sales have fallen by 40% over the last year or so, jepordising tens of thousands of jobs in UK factories and related industries. The value of second hand Jaguars has also fallen dramatically meaning we've all lost thousands more in depreciation. Main dealers and independents will soon be struggling to survive, putting even more jobs at risk.

People out of work or worried about their employment prospects don't spend, which contributes to a further decline in economic activity.

So why bang yet another nail in the coffin of the most profitable sector of the motor industry by increasing tax - don't forget the VED is double in the first year under the proposals - and therefore driving demand down further?

And furthermore the rozzers for no good reason that I can discern spend all their, sorry OUR, money on BMW's and Mercs.

I notice the theiving Ccotch Sunt at number 10 is still enjoying his armour plated, chauffer driven XJ though, with the accompanying fleet of blue light Range Rovers - all on the taxpayer - whenever he needs to nip down the road to Parliment.

I wonder what his sucessor will use when Jaguar and Land Rover have gone bust.

Edited by Jaguar steve on Wednesday 29th October 07:46

[alfabadass]

With the new tax rules, looks like the jag is in the running as my next car again

[cardigankid]

There is a silver lining to any cloud, and even the 2.5% reduction in VAT helps. You can get fantastic and I mean fantastic deals on second hand Jags just now. And when I say second hand, in some cases the difference from new is a mere formality. Check out the XJR's on Jaguar approved used for example. Then have a chat with a dealer or two. I guarantee you will be astonished.

[peter450]

Are people who buy 20 and 30k second hand jag's or 40 and 60k new ones really that bothered by a few hundred quid more a year in tax?, i mean if your sepdning like 10k on a car i can see the logic, but if you can afford to drop 20k + on a big thirsty motor another £300 or so a year is not going to stop you?

Speaking only from my own point of view if i wanted a jag in future having to pay £300 a year more in tax than i do on a focus would not stop me

[The Leaper]

I think one point is that if, like me, you buy a new Jag (an S-Type 4.2 V8 SE) and then some years later the Gov introduces retrospective road tax pricing which trebles the tax, you have every right to be pi**ed off!

R