"Showroom Tax"

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Discussion

vetteheadracer

Original Poster:

8,271 posts

259 months

Wednesday 12th March 2008
quotequote all
Be scared, be very scared Darling is planning to introduce a "Showroom Tax" on high polluting vehicles, so expect your new Corvette to rise by £2,000 as a result.

Cuban

5,161 posts

257 months

Wednesday 12th March 2008
quotequote all
If he does, it will be interesting to hear what the opposition have to say.
scratchchin

What with Borris planning on revoking the London tax if he is elected, any
significant backlash from the other parties could see a lot of people switching
parties come the next election.

There is a limit to how many 'pain' taxes they can get away with before being shot down.
shoot

GW65

623 posts

212 months

Wednesday 12th March 2008
quotequote all
It's being pitched as a "deterrent" to steer people away from cars with high CO2 emissions. If it really is a deterrent (which I don't believe for a moment) then he'll give some notice so that dealers can clear their stock and committed deals will have completed. Since it's really another way to plug the holes in Labour's "tax and spend" policy then he'll probably introduce it with immediate effect and scr*w dealers and people who've already paid deposits - after all what's the point in cancelling an order to save £2K if it means losing your deposit?

[ I have a vested interest since I'm in the paid-a-deposit-and-waiting for delivery camp. ]

Corsette

135 posts

241 months

Wednesday 12th March 2008
quotequote all
Buy them in Europe once Sterling recovers

vetteheadracer

Original Poster:

8,271 posts

259 months

Wednesday 12th March 2008
quotequote all
Corsette said:
Buy them in Europe once Sterling recovers
or buy them in the USA now as the rate is currently 2.02 smile

ringram

14,700 posts

254 months

Wednesday 12th March 2008
quotequote all
Tax sounds like its shifting to road taxation instead to stop the import angle smile

Cuban

5,161 posts

257 months

Wednesday 12th March 2008
quotequote all
So changes in 2009 and the 'showroom tax' in from 2010.

vetteheadracer

Original Poster:

8,271 posts

259 months

Wednesday 12th March 2008
quotequote all
Gov't should just scrap road tax and put 7.5p a litre on fuel that would be tax neutral and much fairer.

anonymous-user

60 months

Wednesday 12th March 2008
quotequote all
From the 2008 budget report the facts seem to be

For cars registered after March 1st 2001

2008-2009
Band - Co2 (g/km) - Price for 12 months (effective from 13th March 2008)

A - Up to 100 - £0
B - 101-120 - £35
C - 121-150 - £120
D - 151-165 - £145
E - 166 - 185 £170
F - Over 186 (1) £210
G - Over 226 (2) £400

(1) registered before 23rd march 06
(2) registered after 23rd march 06

2009-10 / 2010-2011 + (first year rate)New banding introduced

A - Up to 100 £0 / £0 + £0 (fyr)
B - 101-110 £20 / £20 + £0 (fyr)
C - 111-120 £30 / £35 + £0 (fyr)
D - 121-130 £90 / £95 + £0 (fyr)
E - 131-140 £110 / £115 + £115 (fyr)
F - 141-150 £120 / £125 + £125 (fyr)
G - 151-160 £150 / £155 + £155 (fyr)
H - 161-170 £175 / £180 + £250 (fyr)
I - 171-180 £205 / £210 + £300 (fyr)
J - 181-200 £260 / £270 + £425 (fyr)
K - 201-225 £300 / £310 + £550 (fyr)
L - 226-255 £415 / £430 + £750 (fyr)
M - Over 255 £440 / £455 + £950 (fyr)

franv8

2,212 posts

244 months

Wednesday 12th March 2008
quotequote all
What are the current C6 g/m?

stevieturbo

17,474 posts

253 months

Wednesday 12th March 2008
quotequote all
vetteheadracer said:
Gov't should just scrap road tax and put 7.5p a litre on fuel that would be tax neutral and much fairer.
Government should scrap road tax, insurance, and drastically reduce fuel duty/extortion...

Fuel costs should have a minimal tax, insurance, and road duty, or whatever way they want to call it, all built in.

Then ramp up income tax like feck instead. That way the motorists wont be funding the running of the country, its workers will !!!! Which is how it should be..

If the cost of transport drops, then so does the cost of pretty much everything else, which will counteract the increase in income tax.

Plus my hobby wont be taxed as much, which disgusts me at present.

GW65

623 posts

212 months

Wednesday 12th March 2008
quotequote all
franv8 said:
What are the current C6 g/m?
For the '08 it's 316g/km for the MN6 and 317g/km for the A6

Boosted LS1

21,198 posts

266 months

Wednesday 12th March 2008
quotequote all
So, could this be a good reason to buy slightly older cars and drive them instead? fewer people do this so they may be able to escape this taxation.

Vet Guru

2,182 posts

246 months

Wednesday 12th March 2008
quotequote all
Most 2.0 autos will be over 225 co2 A Saab 9-3 2.0t Aero will be £400 tax a Vauxhall Antara 2.0TD Auto is £400 it's not just 4x4 or Vettes most cars that are Auto will come under this.

Vette_1978

3,247 posts

228 months

Wednesday 12th March 2008
quotequote all
Boosted LS1 said:
So, could this be a good reason to buy slightly older cars and drive them instead?
That's my excuse for driving a '78 instead of a C6 Z06 Ron Fellows limited edition rocket! biggrin

Out of curiosity, is this tax only applicable to cars bought in this country seeing as it's called "showroom tax". So cars bought abroad and imported would be exempt? Or do they catch you at the DVLA during registration for the first time?

roscobbc

3,584 posts

248 months

Wednesday 12th March 2008
quotequote all
Try a pre '73 b*gger all tax

Kneetrembler

2,069 posts

208 months

Wednesday 12th March 2008
quotequote all
Present price in France for a Coupe is 65,850 and Z06 88,790 Euros.

See what happens with Sterling

Boosted LS1

21,198 posts

266 months

Wednesday 12th March 2008
quotequote all
roscobbc said:
Try a pre '73 b*gger all tax
That's to old for me but I see where you're coming from.

roscobbc

3,584 posts

248 months

Wednesday 12th March 2008
quotequote all
Boosted LS1 said:
roscobbc said:
Try a pre '73 b*gger all tax
That's to old for me but I see where you're coming from.
Run a pre '73 car with C5 running gear. I.e. upgrade brakes, transmission & engine etc with late model kit and be tax, emmissions and depreciation exempt and be REALLY cool!

Y50 VET

475 posts

248 months

Thursday 13th March 2008
quotequote all
fk this I’m off :-

Would the last person leaving England

Please turn out the lights

Sam