Hi looking at getting a new car, the car in question is a 2018,
The car will cost £155 per year to tax,
But
I'm unsure of the wording on the government website.
The car when new has a list price of 46k,
The confusion comes from I'm buying the car used for around half the original in list price, am I right in saying that according to the new rules, I have to pay the £155 per year tax, plus £355 even though i didn't buy it new?
According to the government:
Vehicles with a list price of more than £40,000
You have to pay an extra £335 a year if you have a car or motorhome with a ‘list price’ (the published price before any discounts) of more than £40,000. You do not have to pay this if you have a zero emission vehicle.
You only have to pay this rate for 5 years (from the second time the vehicle is taxed).
The car will cost £155 per year to tax,
But
I'm unsure of the wording on the government website.
The car when new has a list price of 46k,
The confusion comes from I'm buying the car used for around half the original in list price, am I right in saying that according to the new rules, I have to pay the £155 per year tax, plus £355 even though i didn't buy it new?
According to the government:
Vehicles with a list price of more than £40,000
You have to pay an extra £335 a year if you have a car or motorhome with a ‘list price’ (the published price before any discounts) of more than £40,000. You do not have to pay this if you have a zero emission vehicle.
You only have to pay this rate for 5 years (from the second time the vehicle is taxed).