Given the changes to VED next April, is anyone contemplating buying a new car before then specifically to lock in the zero or low rate bands which will disappear for new cars?
Am in 2 minds myself, as all my present cars are still going well and I usually run them into the ground, before buying new replacements to get max value. The Alhambra tdi is over 18 years old and costs an very unfair 235 a year in ved, I only do about 4k a year in it now, but really attached to it and would be a shame to scrap such a versatile and economical (50 mpg) vehicle for peanuts but the annual tax/mot/repairs/maintenance is more than I spend on diesel!!
On the other hand new car prices are getting ridiculous and am really scared that maintenance/repair costs of these tech laden cars may turn out to be astronomical.
I cannot undersand why they are keeping the old rates for current cars and changing pnly for newly registered cars, is this just a ploy to boost new car sales? And will they change the system later to nuke the older zero/low rates?
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