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:
51 – 75g/km£25
76 – 90g/km£100
91 – 100g/km£120
101 – 110g/km£140
111 – 130g/km£160
131 – 150g/km£200
151 – 170g/km£500
171 – 190g/km£800
191 – 225g/km£1,200
226 – 255g/km£1,700
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: