Property News · March 18, 2017

Buy your new car now to save thousands of pounds ahead of excise hike


Changes to vehicle duty from 1 April will affect small and green vehicles, and big-ticket modelsA radical overhaul of car tax rates comes into force on 1 April, and means anyone about to buy a new car – and particularly an expensive low-emissions vehicle – should consider bringing forward their purchase if possible.The complicated changes to vehicle excise duty, set in motion by former chancellor George Osborne, will have the biggest impact on those buying the smallest/greenest cars or those with a list price of £40,000-plus. Buyers of some more expensive petrol models face a typical £1,200 first-year charge (up from £650), and then a £450-a-year car tax charge for the following five years . Continue reading…

Source : theguardian.com
Read more…Buy your new car now to save thousands of pounds ahead of excise hike

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