£460 road tax on an EV???

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Ken Figenus

Original Poster:

5,706 posts

117 months

Sunday 5th July 2020
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Just helped a mate buy an i3 with REX. A great little drive - was quite composed pushing it on a bumpy B road! He's just gone to tax it though and its well over £400 as it cost over £40k (just) new in 2017. Its therefore about £100 less than my 6 litre V12 eek So much for road fund licence being rebranded based on emissions! I think its costly for 5 years and then its £0 - unless they change the rules again. Anyone understand it better? Thx

mcecm

674 posts

267 months

Sunday 5th July 2020
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An i3 with range extender is classed as an alternative fuel vehicle so liable for road tax at £140 per year. Vehicles with a list price of over £40,000 are subject to an additional £325 per year for 5 years from the second time it is taxed

https://www.gov.uk/vehicle-tax-rate-tables

essayer

9,065 posts

194 months

Sunday 5th July 2020
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Tax for lugging a generator about. Should have bought the BEV

Ken Figenus

Original Poster:

5,706 posts

117 months

Sunday 5th July 2020
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Too much range anxiety with a BEV commuting Cardiff to Bristol when its 5 degrees! REX makes it work and avoids too much liaison with HR/the sack!

Thanks for clarifying though - have to say i was REALLY taken aback by that annual car tax rate. This is NOT the punitive message gov should be sending. This especially as he's paying £800 for a bl00dy subsidised 240v plug outside (he hopes to have PV so needs a fancier one) that still only supplies 7Kw eek MY PV diverter to a 20kw storage heater was £100...

I'm pretty disillusioned with all these maths I have to say - where is the incentive? All talk?

SWoll

18,373 posts

258 months

Sunday 5th July 2020
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Cardiff to Bristol is 45 miles. i3 120ah BEV will happily do a 90 mile round trip even at -5.

Maybe do your research better in future as the majority of what he is paying is luxury car tax as above which affects all cars over £40k new. With the BEV list price of £35k he could have bought one that had £4500 of options, still come in under the threshold and paid nothing in tax.

WonkeyDonkey

2,340 posts

103 months

Sunday 5th July 2020
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The government arent trying to push people into buying used electric cars, they're pushing people to buy new ones. Besides that i3 still has a petrol engine.

Just see it as an eyesore tax.

aestetix1

868 posts

51 months

Sunday 5th July 2020
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There was a luxury car tax on vehicles over 40k list price when new. It's been changed recently so that Tesla Model 3s are exempt again but of course older cars stay with the tax scheme that was in force when they were first bought.

gangzoom

6,298 posts

215 months

Sunday 5th July 2020
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aestetix1 said:
There was a luxury car tax on vehicles over 40k list price when new. It's been changed recently so that Tesla Model 3s are exempt again but of course older cars stay with the tax scheme that was in force when they were first bought.
Older EVs over £40k are now also exempt from additional tax. I SORNED our X online and got a refund for the remainder of the year, was able to retax at £0 VED a few days later.

I presume the i3 REX isn't exempt because its not seen as a full EV??

ninepoint2

3,279 posts

160 months

Sunday 5th July 2020
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WonkeyDonkey said:
Just see it as an eyesore tax.
+1 thumbup

SWoll

18,373 posts

258 months

Sunday 5th July 2020
quotequote all
WonkeyDonkey said:
The government arent trying to push people into buying used electric cars, they're pushing people to buy new ones. Besides that i3 still has a petrol engine.

Just see it as an eyesore tax.
Says the bloke with the Citroen Cactus..

smile

anonymous-user

54 months

Sunday 5th July 2020
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I don’t see why an EV should be exempt from a tax on high value cars. Buy one that costs less than £40k you don’t pay it.

Not that I agree with that tax, just an envy tax IMO.




Chris32345

2,086 posts

62 months

Sunday 5th July 2020
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Good if you have that sort of money to spend on a car you should be putting a little more money into the coffers

anonymous-user

54 months

Sunday 5th July 2020
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Chris32345 said:
Good if you have that sort of money to spend on a car you should be putting a little more money into the coffers
If you have that sort of money to spend on a car you very likely are already ‘putting a little more into the coffers’, if not a lot more.


WonkeyDonkey

2,340 posts

103 months

Sunday 5th July 2020
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SWoll said:
Says the bloke with the Citroen Cactus..

smile
If eyesore tax was real then someone must really like its looks, £0 tax a year on it ha!

SWoll

18,373 posts

258 months

Sunday 5th July 2020
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REALIST123 said:
Chris32345 said:
Good if you have that sort of money to spend on a car you should be putting a little more money into the coffers
If you have that sort of money to spend on a car you very likely are already ‘putting a little more into the coffers’, if not a lot more.
Quite.

JagDroid Man

120 posts

176 months

Monday 6th July 2020
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REALIST123 said:
I don’t see why an EV should be exempt from a tax on high value cars. Buy one that costs less than £40k you don’t pay it
All EVs are now exempt since the last budget, even a Tesla Model S Performance has no tax to pay.
REX is pointless now that 40kwh/120aH models are available. I’ve had an i3 for 6 months and it will easily do 120 miles on a charge.

Boxbrownie

172 posts

115 months

Monday 6th July 2020
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My 94ah REX will also do 120 miles.....but then I don’t have to stop for another 70-80 miles......and being a late ‘16 it’s O tax as well......

Ken Figenus

Original Poster:

5,706 posts

117 months

Monday 6th July 2020
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Thanks - quite a gotcha this one. Guess the 1st owner got caught too - losing one option would have fixed it! New owner will only have to pay it twice though.

That REX will save his bacon one day. Only experience will tell but a 3 degree 70mph 50mph trip x 2 feels edgy for it... And its a few years old now so the battery pack will be a little less efficient. Then add heaters, lights, air con etc...

Edited by Ken Figenus on Monday 6th July 15:14

Boxbrownie

172 posts

115 months

Wednesday 8th July 2020
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Ken Figenus said:
And its a few years old now so the battery pack will be a little less efficient.

Edited by Ken Figenus on Monday 6th July 15:14
A common misconception, ours gives exactly the same range now as it did on day one.......BMW have it sorted.

dmsims

6,519 posts

267 months

Wednesday 8th July 2020
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So in summary they bought the wrong car