Road Tax, does this sound right?

[SteveS]

Also, as other have alluded to, a car that costs £140 a year to tax is going to be a lot more saleable than a car that costs £515 a year to tax. And I'd imagine it will be worth at least £880 more come resale time!

To play Devil's advocate, if a GT with all the options newly registered on 1/4/17 goes up for sale when its a year old might find itself up against mine which would be two years old, not that much of a difference.
The MY17 owner will be looking to get the thick end of £38k back. My starting point would be £35k less two years depreciation. In those circumstances I think i'd trump a lower tax rate.
I appreciate it would be more of an issue if the two cars were more the same age registered just either side of 1/4/17.

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[Ritchie]

I have told him to poke it, thanks for all the info.
I am planning on keeping the car for a long time and there will be no finance on it, so it makes sense.

 

[marks]

Yes, although initially tax is more you get it back after a few years

 

[Heartworm]

To play Devil's advocate, if a GT with all the options newly registered on 1/4/17 goes up for sale when its a year old might find itself up against mine which would be two years old, not that much of a difference.
The MY17 owner will be looking to get the thick end of £38k back. My starting point would be £35k less two years depreciation. In those circumstances I think i'd trump a lower tax rate.
I appreciate it would be more of an issue if the two cars were more the same age registered just either side of 1/4/17.

My MY17 is costing me £35 not £40, or in in for a shock!

 

[slowhand99]

To play Devil's advocate.......

Sorry.

 

[marks]

Those that are receiving cars just after April ordered last year with the lower price of circa 35k.

 

[Spider]

Put simply;

The dealer has said for you to tax it before 31st March because;
1) You would not have to pay anything to the dealer except your initial agreement
2) Your first years tax is included at £1120
3) 2nd year tax on wards will be £515 per year
4) Taking the piss and trying to make out he is doing a favour letting you know BUT actually you will be doing him a favour, hitting his target before the tax year....he gets a bonus, books a holiday and chuckles to himself you fell for the letter :ford:

You wait till 1st April;
1) You would have to pay +£880 on top of what you agreed
2) Your first years tax goes up to £2000, hence the +£880
3) 2nd year tax on wards will be £140 per year

Before 31st + 3yrs tax is £1120 + £515 + £515 = £2150

From 1st April + 3yrs tax is £2000 + £140 + £140 = £2280

so if you plan to keep the car for at least 4yrs and not "give it back" (based on 3yr finance deal) then it works out better to wait till 1st April,

It gets more complicated than this just to confuse the issue

If the tax goes up 5%/yr then the tax will be 515/541/568 as opposed to 140/147/155

:lol::lol::lol::lol:

 

[SteveS]

My MY17 is costing me £35 not £40, or in in for a shock!

Those that are receiving cars just after April ordered last year with the lower price of circa 35k.

The base price 10/12 months ago was still £33k (ie. £35k and change with all the options and fancy paint)?
I could have checked my facts I suppose :doh:
Ignore me

 

[Jimboy2]

It gets more complicated than this just to confuse the issue

If the tax goes up 5%/yr then the tax will be 515/541/568 as opposed to 140/147/155

:lol::lol::lol::lol:

Or they could just as easily double that tax bracket and say they made a mistake :lol:

 

[Spider]

The base price 10/12 months ago was still £33k (ie. £35k and change with all the options and fancy paint)?
I could have checked my facts I suppose :doh:
Ignore me

The price in May 2016 was £34995 onr for a GT

 

[SteveS]

The price in May 2016 was £34995 onr for a GT

I wasn't that far off then.

 

[Harebear72]

I have to say that this tax thing is total bollox !!!!!! I am 44 and been driving since I was 17, in this time I have had along with my wife's cars approx 30 odd cars.

In all this time I have had some low tax costing cars and some high tax costing cars, my current GT is the most expensive tax I have had at £515 per year,

But,

As much as paying for road tax pisses me off I have never not thought to buy a car based upon the tax.

Yes I need to re tax mine next month but hey it is what it is.

I think if you want a silly car then you have to pay the price.

I think in a year or so the government will realise they have dropped a bollock and will have lost revenue with this new scheme and it will be changed yet again.

Enjoy your car and don't worry about the tax cost !

 

[Heartworm]

.

I think in a year or so the government will realise they have dropped a bollock and will have lost revenue with this new scheme and it will be changed yet again.

Enjoy your car and don't worry about the tax cost !

I think the mustang lands in a very unusual position with the tax being lower, especially for the first five years. The amount of people in my office that have bought cars this month talking about how the tax would increase if the car saw bought in April. Think of how many small engined/lower emissions cars are on the road and they are all increasing in cost. This tax change had been designed to raise more money due to all these vehicles currently running around at £20/30.

I do expect the system to change again, but it will punish diesels more the way that policy is moving.

 

[Symone]

Hello chaps,

I realise this has been covered but I thought it quicker to ask, I just received this from my dealer -

"Hello Sir,

Up dated Vista print out on your new car ETA to dealer 22-April 2017 at the
moment I would like you to consider this the new taxation class from 1st
April 2017 will increase by £880 per year I would suggest as tax car from
31st March 2017 you would save that money next year we would need the car
payed full by 31st March this is your choice."

I was of the understanding, that after April the initial charge would be 2k then around 150 per year after that?
Which is the way I was planning on going.
He's confused me now!
Looks like he just wants the car paid for!

Don't get it how can you tax or register a vehicle before it has even landed in UK , therefore Unless their paying the £880 extra if you pay for your mustang in full before march 31st so they have your money ,cannot see how this works

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