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New road tax rates are changing
and from 1
st April 2017, all cars registered will fall under thirteen
bands in year one (as shown in the table below). From year two onwards three
new bands will be in place: these are zero emissions, standard and premium. These
bands and the cost to you are governed by the CO
2 emissions omitted
from your vehicles. We’ve highlighted the estimated costs for each bracket for
you to cross-reference against if you are considering buying a new car from
April 2017 onwards.
First year VED rates:
| BAND A | BAND B | BAND C | BAND D | BAND E | BAND F | BAND G |
0g/km £0 | 1-50g/km £10 | 51 – 75g/km £25 | 76 – 90g/km £100 | 91 – 100g/km £120 | 101 – 110g/km £140 | 111 – 130g/km £160 |
| BAND H | BAND I | BAND J | BAND K | BAND L | BAND M | |
131 – 150g/km £200 | 151 – 170g/km £500 | 171 – 190g/km £800 | 191 – 225g/km £1,200 | 226 – 255g/km £1,700 | Over 256g/km £2,000 |
From year two onwards, the bands change to just three with cars emitting 0g/km of CO2 being exempt, and with standard cars paying £140 a year. Cars that cost more than £40,000 have to pay a £310 premium on top of this for the next five years of the car’s life.
These changes only apply to cars registered on or after 1st April 2017, so current cars or future cars registered before this date will continue operating under the existing system we’re all familiar with.
We have some fantastic Hyundai offers here at Johnsons Cars on our new vehicles, if you have any questions on the above and how this would effect a vehicle you’ve enquired about, our sales team is more than happy to help. To view our offers please click below:
Whatever your question or feedback we are here to help. So please feel free to contact us.
Immerse yourself even deeper. Visit our social channels.
Johnsons Cars Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) and which is permitted to advise on and arrange general insurance contracts as an intermediary.
Johnsons Cars Limited is authorised and regulated by the Financial Conduct Authority (FCA) (our registration number is 688450. Permitted activities include acting as a credit broker not a lender.
As an FCA regulated credit broker we can introduce you to a selected group of lenders / brokers (see below) who may be able to help you finance your purchase. This group of lenders / brokers provides us with a range of products which may be suitable for your purchase. We will explain the key features of those products to you.
Volkswagen Financial Services (UK) Limited, Evolution Funding Limited, Santander Consumer (UK) plc, Honda Finance Europe PLC, CA Auto Finance UK Ltd, Suzuki Financial Services Limited, Volkswagen Financial Services (UK) Limited, Hyundai Capital UK Limited, Stellantis Financial Services Uk Limited, Toyota Financial Services (UK) PLC, FCE Bank Plc,
We are a credit broker and not a lender. We can introduce you to a limited number of lenders and their finance products, we act as their agent for this introduction. We are not an independent financial advisor; we will provide details of products available. We may advise you on the products, subject to your personal circumstances, though you are not obliged to take our advice or recommendation.
We do not charge you a fee for our services. we will typically receive commission from whichever lender we introduce you to (either a fixed fee or a fixed percentage of the amount you borrow).
Unless we consider it to be inappropriate given your personal circumstances, for certain vehicles e.g. New, our approach is to introduce you to the lender who are usually able to offer the best available package for you, taking into account interest rates, residual valuations (where applicable) and other contributions. If they are unable to make you an offer of finance, or the vehicle is not one that we would normally place with them we will introduce you to other lenders on our panel. The lender we introduce you to and available rates will depend upon a number of factors including: the vehicle, your personal circumstances and the likelihood of a lender to accept an application based on information provided.
Lenders typically pay a commission to us for introducing you to them, calculated by reference to the vehicle model or amount you borrow. Different lenders may pay different commissions for such introductions; some lenders may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. If you would like to know the amount of any remuneration we have received from the finance provider, please ask us.
All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required. View our full finance disclosure.
