What the changes will mean for you
This all depends on your age of the car, when you bought it and the car's C02 emissions. If your vehicle is high polluting, then you will end up paying more road tax from April 1. If you drive an electric car, you will pay nothing, and for the average car, there will be a flat fee of £140.
Tax related to car emissions
How you could save money under the new tax rulingSo, how can you save money on your road tax? One way in which to save money is to buy a car before April 1. This is especially so if you buy a small petrol based car or a hybrid. Failing this, if you are unable to purchase a new car before April 1, then buying a used car after this date can save you money on road tax, as used cars will continue to be taxed in accordance with the old system.
Points to remembersif your car has zero emissions then you will pay nothing. On the other end of the scale, if you own a new car that is worth at least £40,000, then, no matter what those exhaust emissions are, you will have to pay road tax of £310 for the next five years. What is interesting is that those cars which are gas guzzlers, and high performance, will actually cost you fewer payments in road tax, as under the new law you will be better off paying the flat fee of £140.
Buying a fabulous second-hand car is a wise move. You will pay less road tax and save money. Here at Westwood C&C, we have a wide range of cars for you to choose from. Visit the website, give us a call, or pop into the showroom today!