As of April 1st 2017, new Vehicle Exercise Duty rules will shake the world of car tax across the UK. But how will these changes affect new car buyers in the coming months?
Up until the rule change, VED was determined purely on CO2 emissions from the vehicle – but moving forward, the value of the vehicle will be considered. In fact, the greater the value, the more you are likely to pay.
New and used car dealership Motorparks have produced an easy-to-follow visual guide with all the information you need to know about the rule change, including which vehicles are likely to be hit the hardest by the new rules. For example,Volvo V60 buyers will pay up to £2,260 extra over time following the rule change.
Discover the infographic below so that you aren’t greeted with an expensive surprise when you invest in your next vehicle – or check out their online calculator to beat the road tax increase.