Unfortunately the manner in which the premium rate of VED is charged is based on the vehicle list price the day before it is first registered and taxed, so although this figure would have been below £40,000 when you placed your order, if it was above this figure the day before registration it will incur the additional charge. We would argue that this arrangement is unfair on car buyers, but until the Government changes this arrangement it will continue to affect plenty of new car buyers.