At the last Budget, major changes to road tax charges were announced and will apply to any new vehicles registered after 1st April 2017.
The changes were made as modern cars produce minimal CO2 emissions, meaning most new cars are either exempt from or pay very little road tax under the current regulations. Therefore the Government are collecting less and less from road users.
With the new road tax system, motorists will pay a higher price in the first year of registration and a flat rate of £140 every year for most cars thereafter.
Here are two examples,
Our most popular Suzuki Celerio city car 1.0 Dualjet engine with a CO2 of only 84g/km currently costs £0 for the first year and then £0 per month thereafter. From 1st April it will cost £100 for the first year and £140 per year afterwards a massive increase!
The popular Mitsubishi 1.6 ASX manual diesel engine with a CO2 of 119 g/km currently costs £0 for the first year and then £30 per year thereafter. From 1st April it will cost £160 for the first year and £140 per year afterwards, that’s a 633% increase over 3 years.
Drop in for a coffee and a chat and we will be happy to explain the new regulations more clearly. Plus it gives you the chance to try out our new coffee machine!
So if you’re considering buying a brand new car, now really is the time to buy.
Especially as factory-orders can take a while to be built and registered, which could fall after the 1st April.