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New Car Tax Rates From 1st April - You can save by buying before then

21st January 2017

Photograph of New Car Tax Rates From 1st April - You can save by buying before then

How will the 2017 VED car tax changes affect you?

From 1 April 2017, the UK's car tax system - also known as Vehicle Excise Duty (VED) - is due to change. Will you end up paying more for your next car?

So if you are thinking about a new car it might be cheaper for VED if you buy before 1st April this year.

Price: £10,575 CO2 emissions: 114g/km

First year tax rate under current legislation: Free

Standard tax rate under current legislation: £30

Cost over three years: £60

First year tax rate from 1 April 2017: £160

Standard tax rate from 1 April 2017: £140

Cost over three years: £440

This example is from What Car
Check out the whole article at
http://www.whatcar.com/news/how-will-the-2017-ved-car-tax-changes-affect-you/

See also This Money
http://www.thisismoney.co.uk/money/cars/article-4116780/Why-buying-new-car-expensive-year.html

See the government information at
Gov.UK
https://www.gov.uk/vehicle-tax-rate-tables/vehicles-registered-on-or-after-1-april-2017

Depending on the car emissions you could save hundreds over 3 years if you buy before 1 April 2017.

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