Cheapest high CO2 car
Discussion
Through an odd set of circumstances I'm looking for a big car, five seats, preferably a hatch/estate which has depreciated badly. To that end I want something that in the £400/year tax bracket. I'm thinking Monaro/300C. What are the other options. I really want to spend around £6,000.
Simon
Simon
I had someone trying to trade in a 56 plate Chevrolet Tacuma 2.0 Auto yesterday,30000 miles.As well as being amazed at it's ugliness and blandness I noticed that it falls into the high level of tax and costs a whopping £425 per year to tax.I didn't realise at first and did a double take when I saw the tax disc.It's value in the trade-around £1750....
MarsellusWallace said:
I had someone trying to trade in a 56 plate Chevrolet Tacuma 2.0 Auto yesterday,30000 miles.As well as being amazed at it's ugliness and blandness I noticed that it falls into the high level of tax and costs a whopping £425 per year to tax.I didn't realise at first and did a double take when I saw the tax disc.It's value in the trade-around £1750....
Thanks! That's just the kind of niche thing I'm looking for. I'm being schizophrenic in this thread. What I want is something exciting and V8, what I need is to replace a Renault Scenic which was the worst car I've ever experienced. Not just dynamically poor but fantastically expensive to run. So another crap MPV might be just the thing. My wife gets disability allowance and so doesn't have to pay car tax. Simon
Why would you purposefully find something in the highest tax bracket, even if the tax was free? I wouldnt overlook a great car in the £245 bracket just because I could buy a crap one in the £445 bracket.
Infact with this sort of car tax doesn't really matter anyway as it's dwarfed by all the other costs - so I'd just shop as you would without the tax thing being an issue.
Remember that generally speaking the higher the tax bracket the more fuel it uses.
Infact with this sort of car tax doesn't really matter anyway as it's dwarfed by all the other costs - so I'd just shop as you would without the tax thing being an issue.
Remember that generally speaking the higher the tax bracket the more fuel it uses.
I take the point on not just buying a crap car because the tax is free, but my mileage is quite low so fuel economy isn't important and depreciation is. The tax thing drives the depreciation. Indeed poor fuel economy also drives the depreciation.
The Renault Scenic was 52k miles and 56 plate, I got paid out £5k by the insurance company when I put it into a fence. I'm not proud of that but nor am I sorry.
Looking at Chevrolet Tacumas that buys you an '08 with 20k miles.
A 540 would be nice but that means going a lot older, I suspect the sweet spot is something newer than March 06 with the vicious tax and our Pulp Fiction friend (god I lust after an NSX) may have found it already.
Simon
The Renault Scenic was 52k miles and 56 plate, I got paid out £5k by the insurance company when I put it into a fence. I'm not proud of that but nor am I sorry.
Looking at Chevrolet Tacumas that buys you an '08 with 20k miles.
A 540 would be nice but that means going a lot older, I suspect the sweet spot is something newer than March 06 with the vicious tax and our Pulp Fiction friend (god I lust after an NSX) may have found it already.
Simon
Edited by simonrockman on Tuesday 1st March 00:32
The tax thing doesn't drive the depreciation at all - the difference is 200 quid, which is nothing.
Big engined cars which have depreciated have done so because they are big engined cars not because they cost £445 to tax.
Otherwise all the 07 plate 335i's, which are taxed at £445, would be considerably cheaper than the 57 plate models, which are taxed at £245. This is not the case.
Big engined cars which have depreciated have done so because they are big engined cars not because they cost £445 to tax.
Otherwise all the 07 plate 335i's, which are taxed at £445, would be considerably cheaper than the 57 plate models, which are taxed at £245. This is not the case.
Fox- said:
The tax thing doesn't drive the depreciation at all - the difference is 200 quid, which is nothing.
Big engined cars which have depreciated have done so because they are big engined cars not because they cost £445 to tax.
Otherwise all the 07 plate 335i's, which are taxed at £445, would be considerably cheaper than the 57 plate models, which are taxed at £245. This is not the case.
I bet it will when these cars are worth sub £5k. That said I dread to think what the fuel cost will be by the time these cars have depreciated that far.Big engined cars which have depreciated have done so because they are big engined cars not because they cost £445 to tax.
Otherwise all the 07 plate 335i's, which are taxed at £445, would be considerably cheaper than the 57 plate models, which are taxed at £245. This is not the case.
Fox- said:
Why would you purposefully find something in the highest tax bracket, even if the tax was free? I wouldnt overlook a great car in the £245 bracket just because I could buy a crap one in the £445 bracket.
Infact with this sort of car tax doesn't really matter anyway as it's dwarfed by all the other costs - so I'd just shop as you would without the tax thing being an issue.
Remember that generally speaking the higher the tax bracket the more fuel it uses.
Agreed, flawed system in the first place, why follow it. Buy the car you want, why limit yourself?Infact with this sort of car tax doesn't really matter anyway as it's dwarfed by all the other costs - so I'd just shop as you would without the tax thing being an issue.
Remember that generally speaking the higher the tax bracket the more fuel it uses.
I think anyone who owned a high CO2 car at the time the big tax bills were introduced will be painfully familiar with the effect it had on residuals - and that unfortunately the price adjustment on post 2006 cars trickled down into the older models. I had a 2005 RX-8 at the time, and although my tax only went up a bit compared to 2006 cars, everyone's residuals took a dive. The cost of taxing a car isn't a big part of the total cost of running it, but it is a psychologically significant lump sum. If we all paid it by monthly direct debit, it would probably have less effect.
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