Honest John Reports Higher Tax Under brand-new Rules…

Sunday, January 15th, 2017 - autos, cars

Source : Honest John Reports Higher Tax Under brand-new Rules…

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The majority of brand-new car buyers will lose out when brand-new road tax rules come into force on 1st April 2017, according to latest research via HonestJohn.co.uk.

The leading consumer motoring site’s figures show which brand-new tax rules will add more than £500 to the long-term running costs of Britain’s most-well-liked along with eco-friendly vehicles, while providing significant benefits for some of the most-polluting cars.

which means the UK’s best-selling car – the Ford Fiesta 1.0 EcoBoost 100PS – will cost £540 more to tax over four years, while buyers of the V8 Mustang stand to save £245 over the same period of time. which is actually despite the fact which the American muscle car emits three times more CO2 than the efficient Fiesta.

Until today, the government has offered zero VED to entice car buyers into eco-friendly vehicles; however, with 74 per cent of brand-new cars emitting less than 130g/km of CO2, the government has made a U-turn on its policy along with introduced rules to force buyers of brand-new, efficient cars to pay more.

Under the current tax rules, vehicles which emit sub-99g/km qualify for zero VED for the first year along with pay nothing for every year after; however, via 1 April 2017 the government will replace the current 13 band tax system with three brand-new bands – zero, standard, premium – plus a surcharge for electric cars that has a list cost above £40,000.

which means all brand-new cars bought after 1 April with sub-99g/km CO2 emissions will pay for road tax; a move which will add up to £540 to the long-term running costs of some of Britain’s cleanest along with most efficient cars. Even hybrids won’t escape, with buyers of the Toyota Prius paying an extra £405 over four years, while Tesla S buyers will have to pay an extra £930.

However, while buyers of brand-new cars over £40,000 will be forced to pay an extra £310 a year for a few years, HonestJohn.co.uk has found a gap inside the tax law which allows some of the UK’s most-polluting cars under the £40,000 cost limit to benefit.

Buyers of the Mitsubishi Shogun 3.2 DI-DC automatic, for example, will save £265 over four years, regardless of the fact which the SUV produces a whopping 245g/km of CO2. which’s a similar story for the Subaru WRX along with Nissan 370Z too, with both emitting over 240g/km along with saving hundreds under the brand-new system.

Honest John’s Managing Editor, Daniel Powell, said: “Many motorists are unaware of the adjustments which are coming for VED, yet the fact of the matter is actually which – the system is actually changing, along with low emissions cars won’t be as tax efficient as they were before. which’s a bit of a mixed message to boost tax on fuel efficient cars while reducing which on less eco-friendly types when the government is actually trying to boost the uptake of low along with zero-emissions cars.”

What’s more, with buyers today rushing to secure a zero-VED car, HonestJohn.co.uk has found which buyers are being given lead times of four to a few months for the Mercedes-Benz C-Class along with Volvo XC90. Buyers of the well-liked Fiesta face a three month wait, while Focus orders with the EcoBoost engine stipulate a wait of 3.5 months, generating which increasingly difficult to get a tax-free car before the brand-new rules come into force.

a few well-liked cars hit hard by 2017 VED adjustments over four years of ownership

Ford Fiesta 1.0 EcoBoost 100PS Zetec                

Current VED cost over four years: £0
brand-new VED cost over four years: £540

Vauxhall Corsa 1.3 CDTi 95PS ecoFlex Design

Current VED cost over four years: £0
brand-new VED cost over four years: £540

Ford Focus 1.5 TDCi 120PS Zetec

Current VED cost over four years: £0
brand-new VED cost over four years: £540

Volkswagen Golf BlueMotion 1.6 TDI 110PS

Current VED cost over four years: £0
brand-new VED cost over four years: £520

Nissan Qashqai 1.5 dCi 110PS Visia

Current VED cost over four years: £0
brand-new VED cost over four years: £540

by Mr Butterscotch via Car Articles



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