Budget - car tax rates next year

Budget - car tax rates next year

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Discussion

lornemalvo

Original Poster:

2,459 posts

75 months

Friday 1st November
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I've read some confusing reports about rises to cat tax for ICE vehicles. Some suggest rises into thousands of pounds, based on co2 emissions, but I can't make up my mind whether this applies only to new cars or used. My Audi emits 196 g/km. Can anyone enlighten me at all?

Mr Tidy

24,327 posts

134 months

Friday 1st November
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From what I could make out it's only high-emission new cars being targeted.

Cupramax

10,610 posts

259 months

Friday 1st November
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Think it was only new high emission's petrol as mentioned, but don’t remember seeing an exact figure which it applied above.

cuprabob

15,701 posts

221 months

Friday 1st November
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The VED on your car will increase by RPI as of April 1st as per previous years.

The headlines are all about new cars and first year rates

Mr Tidy

24,327 posts

134 months

Friday 1st November
quotequote all
cuprabob said:
The VED on your car will increase by RPI as of April 1st as per previous years.

The headlines are all about new cars and first year rates
Thanks, that's what I thought too.

Although my 2006 BMW Z4M will still go up from £735 to £760 a year - ouch!


lornemalvo

Original Poster:

2,459 posts

75 months

Saturday 2nd November
quotequote all
Thank you all, yes it applies to new cars. A new Audi Q5 2.0 tsi like mine, ulez compliant euro 6 petrol car, not exactly a gas guzzler in my opinion, will see the tax double from £1650 to £3300. Plus the "premium car tax", still stuck at cars over £40,000. No details were outlined in the budget, so that Rachel Thieves could sneak in this additional social engineering to force us out of ICE cars, rather than making EVs a more attractive proposition the right way, by providing the infrastructure and trying to convince us of the environmental argument (which has not been made IMO)

Muddle238

4,015 posts

120 months

Saturday 2nd November
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I read that a new Defender would cost £5.5k to tax in its first year, under Thieves' new budget. Problem is, she'll have another budget in 12 months' time, and one another 12 months after that... this may only be the tip of the iceberg.

I shall continue watching from the sidelines, with a fleet of older ICE around me, and let it pan out. I'm in no rush for an EV (nor a new Defender for that matter).

df76

3,823 posts

285 months

Saturday 2nd November
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Muddle238 said:
I read that a new Defender would cost £5.5k to tax in its first year, under Thieves' new budget. Problem is, she'll have another budget in 12 months' time, and one another 12 months after that... this may only be the tip of the iceberg.

I shall continue watching from the sidelines, with a fleet of older ICE around me, and let it pan out. I'm in no rush for an EV (nor a new Defender for that matter).
Sounds like the policy is working quite well then. And you’re correct, it’s inevitable that high emission vehicles will continue to be hammered as we move towards the 2030 and 2035 deadlines.

plfrench

2,915 posts

275 months

Saturday 2nd November
quotequote all
lornemalvo said:
Thank you all, yes it applies to new cars. A new Audi Q5 2.0 tsi like mine, ulez compliant euro 6 petrol car, not exactly a gas guzzler in my opinion, will see the tax double from £1650 to £3300. Plus the "premium car tax", still stuck at cars over £40,000. No details were outlined in the budget, so that Rachel Thieves could sneak in this additional social engineering to force us out of ICE cars, rather than making EVs a more attractive proposition the right way, by providing the infrastructure and trying to convince us of the environmental argument (which has not been made IMO)
Very clear direction of travel to disincentivise new ICE and hybrid by increasing the differential between them and EV. I don’t see her targeting existing vehicles much more though, just need to keep the new vehicle transition going.

Rick101

7,015 posts

157 months

Saturday 2nd November
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I think this has convinced me to hold.

119

9,561 posts

43 months

Saturday 2nd November
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And this is the rub.

Many people will now keep hold of their ice cars for longer rather than look at new.


kambites

68,437 posts

228 months

Saturday 2nd November
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119 said:
And this is the rub.

Many people will now keep hold of their ice cars for longer rather than look at new.
Which, if their aim is reducing the environmental impact of the automotive sector as a whole, is surely a good thing?

Richard-D

1,022 posts

71 months

Saturday 2nd November
quotequote all
kambites said:
119 said:
And this is the rub.

Many people will now keep hold of their ice cars for longer rather than look at new.
Which, if their aim is reducing the environmental impact of the automotive sector as a whole, is surely a good thing?
biglaugh You absolute wind-up merchants!

Here they come...


Monkeylegend

27,207 posts

238 months

Saturday 2nd November
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I reckon sales of new Range Rovers will grind to a halt next April as a result of this, just as Jaguar have announced they are no longer selling any new ICE cars.

Talk about good forward planning hehe

plfrench

2,915 posts

275 months

Saturday 2nd November
quotequote all
Monkeylegend said:
I reckon sales of new Range Rovers will grind to a halt next April as a result of this, just as Jaguar have announced they are no longer selling any new ICE cars.

Talk about good forward planning hehe
Isn’t the new EV Range Rover due out fairly soon? Good time out quite well for them. Although is a few grand here and there that much of an issue on a new FFRR list price?!

Monkeylegend

27,207 posts

238 months

Saturday 2nd November
quotequote all
plfrench said:
Monkeylegend said:
I reckon sales of new Range Rovers will grind to a halt next April as a result of this, just as Jaguar have announced they are no longer selling any new ICE cars.

Talk about good forward planning hehe
Isn’t the new EV Range Rover due out fairly soon? Good time out quite well for them. Although is a few grand here and there that much of an issue on a new FFRR list price?!
The V8 petrol goes up from something like £2700 a year to £5400 or so for the first year. Even if you have the money that will be more than some will want to pay especially with the additional £410 a year from year 2 to year 6 on top.

Then add the Insurance costs on top and that electric car cannot come soon enough.

Paul Thorpe evo

80 posts

13 months

Saturday 2nd November
quotequote all
Monkeylegend said:
The V8 petrol goes up from something like £2700 a year to £5400 or so for the first year. Even if you have the money that will be more than some will want to pay especially with the additional £410 a year from year 2 to year 6 on top.

Then add the Insurance costs on top and that electric car cannot come soon enough.
To year 5 not 6 I think, my Oct 2019 BMW I8 Roadster monthly DD for road tax dropped from £40 odd to a more palatable £14 this month - i.e. at exactly 5 yrs old.

worsy

5,952 posts

182 months

Saturday 2nd November
quotequote all
kambites said:
119 said:
And this is the rub.

Many people will now keep hold of their ice cars for longer rather than look at new.
Which, if their aim is reducing the environmental impact of the automotive sector as a whole, is surely a good thing?
Not necessarily. New ICE cars are much cleaner than they have ever been, that new car replaces a 3 year old car which in turn replaces a 6 year old car etc etc. Eventually that new car sale may have got rid of a 20 year old diesel.

I accept that the intention is to get the new car sale to be an EV, but that is not guaranteed.

Monkeylegend

27,207 posts

238 months

Saturday 2nd November
quotequote all
Paul Thorpe evo said:
Monkeylegend said:
The V8 petrol goes up from something like £2700 a year to £5400 or so for the first year. Even if you have the money that will be more than some will want to pay especially with the additional £410 a year from year 2 to year 6 on top.

Then add the Insurance costs on top and that electric car cannot come soon enough.
To year 5 not 6 I think, my Oct 2019 BMW I8 Roadster monthly DD for road tax dropped from £40 odd to a more palatable £14 this month - i.e. at exactly 5 yrs old.
I thought it was 5 years from year 2 but you could be right.

Not sure the £410 saving from year 6 will be much help to the new car buyer though.

lornemalvo

Original Poster:

2,459 posts

75 months

Saturday 2nd November
quotequote all
worsy said:
kambites said:
119 said:
And this is the rub.

Many people will now keep hold of their ice cars for longer rather than look at new.
Which, if their aim is reducing the environmental impact of the automotive sector as a whole, is surely a good thing?
Not necessarily. New ICE cars are much cleaner than they have ever been, that new car replaces a 3 year old car which in turn replaces a 6 year old car etc etc. Eventually that new car sale may have got rid of a 20 year old diesel.

I accept that the intention is to get the new car sale to be an EV, but that is not guaranteed.
There may be a case when they've stopped felling millions of trees and importing the wood pellets across the Atlantic to burn in power stations, bit not yet