IT'S TIME TO CHANGE. AVOID THE APRIL TAX HIKE.
ROAD TAX INCREASE IN APRIL 2020
In April 2020 changes are set to be introduced to the way that road fund licence fees are calculated and this will result in higher fees than what is currently set for new cars.
Currently fees are calculated based on the vehicle CO2 emissions and mpg return. This is due to change to the Worldwide Harmonised Light Vehicle Test Procedure (WLTP). This test is designed to look at the CO2 output of vehicles in a real world setting. The results of this method of testing will mean that CO2 emissions will be higher on all vehicles and subsequently the tax figure set for those vehicles is also expected to rise.
How much will it cost to tax my car? It's important to know that car tax is split into two rates. When a new car is registered and first put on the road, this vehicle is subject to a specific rate (which is included in the on the road price), this varies depending on how much CO2 it emits. When the car has been on the road for a year, a second rate applies and this is calculated based on the original cost of the car when new. Other factors determine the rates including how the car is fuelled (Petrol, Diesel, Electric etc).
For specific rates relating to a particular vehicle you can view them here
If you are considering changing into a new car then you would benefit from buying and registering your new vehicle by 31st March 2020 to avoid these new costs. For further details or to request a part exchange valuation for your existing car please contact us on:
01484 515515 (Huddersfield) or 01924 433500 (Wakefield)