Beware road tax on older cars

[codprawn]

http://driving.timesonline.co.uk/tol...cle3842848.ece

Just seen this article. The new higher tax rate for cars over 225g of CO2 was supposed to apply to new cars only. It now turns out the government didn't tell the whole truth. It will also apply to cars up to 7 years old!!!

This means that soon you will almost have to give away something like a Discovery or any other 4x4 - even a diesel - the 2nd hand values will hit the floor. Even things like Mondeos with bigger engines will be effected.

There is a great search here to see how hard you will be hit.

http://www.smmt.co.uk/co2/co2search.cfm

"Tens of thousands of families will have to pay up to £245 extra a year under new road tax rules after a covert government decision to include cars up to seven years old."

"Paul Watters, head of roads policy at the AA, said: “The Government presented the changes as means of influencing people’s purchasing decisions, but it turns out that they are also penalising hard-pressed families who have been running the same car for many years."

[Richard B]

Originally Posted by codprawn

It will also apply to cars up to 7 years old!!!

Is March 2001 a fixed entry point or is it rolling (ie becomes March 2002 next year?)

[fred bolton]

[QUOTE=codprawn;246916] http://driving.timesonline.co.uk/tol...cle3842848.ece



This means that soon you will almost have to give away something like a Discovery or any other 4x4 - even a diesel - the 2nd hand values will hit the floor.

Yes please you could always fit an lpg conversion

[Richard B]

Originally Posted by fred bolton

Yes please

No thanks.... unless you're going to make it an X5!

[Nick Hearne]

well if it is just a extra £200 a year then it dose not make much difference as that is less than 2 tanks of fuel for me!!
Fuel prices are going to kill the second hand market, but I did not buy my car as a investment!

[Nos4r2]

It's not the point. The government are hiding taxes!

[BruceB]

The extra cost is irrelevant, the fuel costs of a vehicle of that type outweigh the tax cost. It is just a way of smacking 4x4's with more tax due to the Chelsea tractor issue but some of us actually live in the country!

[codprawn]

Originally Posted by Nos4r2

It's not the point. The government are hiding taxes!

Not only that - just another £200 is quite a lot for some people - especially if they bought a large engined older car cheap. You have a CHOICE with new cars - you don't HAVE to buy it. You are a bit buggered if you already have one in that bracket!!!

[codprawn]

Originally Posted by BruceB

The extra cost is irrelevant, the fuel costs of a vehicle of that type outweigh the tax cost. It is just a way of smacking 4x4's with more tax due to the Chelsea tractor issue but some of us actually live in the country!

Not really - a Discovery will do 28mpg - and if you run it on cooking oil the extra road tax DOES become a problem for some people...........

[BruceB]

And just how many people run their cars or 4x4's on cooking oil?
Not many as there is not enough waste oil generated to provide for a fraction of the vehicles that would be able to use it.
While I don't agree with the tax system as set up for vehicles I can see that fuel taxes are a much larger proportion of what it costs me to run a vehicle.
Since some vehicles can run at 60mpg + it follows that someone that can afford 28mpg isn't going to be that badly affected compared to the extra fuel costs due to recent rises in fuel costs.