Cost of VED for 2nd hand car
Discussion
I'm about to purchase a second hand Mercedes C63 S AMG Premium Plus. It was registered new in May 2019 and due to the emissions for this vehicle, I'm assuming the first year tax paid at registration would have been £2,135.
I will be picking the car up on 3rd February 2020.
My understanding is that for year two onwards, the tax will be £465 per year (£145 + £320) at current VED rates. However, how does this relate to the £2,135 already paid for the first year? I assume the seller will claim a portion of this back, but does that mean I will need to pay the remaining part of the first year tax i.e. a portion of £2,135?
Thanks.
I will be picking the car up on 3rd February 2020.
My understanding is that for year two onwards, the tax will be £465 per year (£145 + £320) at current VED rates. However, how does this relate to the £2,135 already paid for the first year? I assume the seller will claim a portion of this back, but does that mean I will need to pay the remaining part of the first year tax i.e. a portion of £2,135?
Thanks.
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