France slaps huge taxes on cars new and old

[Welshbeef]

https://www.evo.co.uk/hot-hatchbacks/203347/hot-ha...

This is eye watering and worryingly other govts may follow suit.

€29k a year tax on 911/E63S
€4K a year Golf GTI

Jeez Louise.

[ntiz]

If this sort of thing comes to pass across the board it really will be the end for ICE. They will clearly ratchet this up until anything but an EV will be only for the mega committed/wealthy.

By that point though surely running a petrol station becomes difficult if only a tiny number need it?

Used car value just went through the roof in France I’m sure

[Welshbeef]

What’s worrying is it’s on USED cars too bonkers annual rates


How will Rishi change this

[bazza white]

Stupid question but presuming its yearly road tax and not and an addition to VAT when purchasing?

[Ikemi]

I read the article really quickly due to having no phone charge, but is it a yearly tax or a one-off charge at purchase?

[ntiz]

Welshbeef said:

What’s worrying is it’s on USED cars too bonkers annual rates


How will Rishi change this

I thought this was just a one off tax on new cars?

[Welshbeef]

ntiz said:

I thought this was just a one off tax on new cars?

https://www.french-property.com/guides/france/driving-in-france/vehicle-registration-taxes

It’s annual and for old and new cars from reading this

Used cars are going to be scrap value.
This comes in 1/1/21 too

[Welshbeef]

You have to wonder what extra charge they will enforce to road users in France ie U.K. tourist could it be a crippling daily value if you have even a mere hot hatch let along a sports car or old classic car.

[Chubbyross]

I’m not sure the UK will follow suit as painfully as this. France is at heart a socialist society and this won’t be that unpopular there. If you see the state of most of the cars over there you understand that they’re just seen as replaceable white goods. As a slightly more capitalist society these kind of tax hikes wouldn’t be popular at all in the UK. There’s a chance taxes like this will be brought in but in a stealthier way, possibly over a number of years.

[Sophisticated Sarah]

Nice to see Macron still hammering the working classes The rural communities are going to take him to the guillotine.

[Pesty]

Cool might be some bargains to bad had in france soon.

[The Wookie]

Get used to this sort of st, short sighted means of attempting to target the ‘wealthy’ with stealth taxes to recover the COVID debt.

Except it won’t raise a significant amount and, as Evo point out it will just kill cheaper high performance IC cars.

They won’t care about that either though because it’ll keep the environmentalist lobby happy too, despite the fact that it’s a negligible number of cars they will kill off and they would have died off over the next 10 years anyway as the shift to EV gathers pace

[stevemcs]

I love all the environmental tax, so its of more benefit to the environment if we go out and build millions of extra cars and scrap the old ones, I feel sorry for the french people.

[TheRainMaker]

It reads as a sales tax to me.

New and used.

[anonymous-user]

Any performance car in France now is scrap value only or decorative purposes.

This will filter down to the U.K. I’m sure which is terrifying.

What about people who say have a 30k car in finance and then cannot sell it as it’s only worth 200quid

[InitialDave]

The rate at which it ramps up over actually quite a narrow range of emissions levels is shocking.

[stevemcs]

The poor Bentley also gets a weight tax

[Ian974]

Daft numbers, but it does seem like car sales (no idea if it applies to used cars) From a quick dig around it doesn't look like France has annual VED charges

[Welshbeef]

TheRainMaker said:

It reads as a sales tax to me.

New and used.

I don’t think so - how would anyone police all used car sales?

[descentia]

The tax only applies to newly registered cars, it doesn't matter if they are new models or previously sold. Whoever translated the story for Evo got the used part wrong.
There was an eco tax on all used cars over 190g/km that was introduced in 2018 but that's been dropped for 2021. The raising of the tax on newly registered cars is a consequence of dropping the used car tax.

If you can read French then the story is here ...

https://www.autoplus.fr/actualite/malus-il-sera-su...

The 2021 eco tax levels ....

https://www.autoplus.fr/actualite/malus-co2-jusqu-...

As pointed out by the 2nd article on the 21 eco tax there's nothing to stop anyone living in France from buying their luxury or sports car in another country.