Luxury car tax rip of

[mariesnowgoose]

Just a bit of fun Bill.

I still agree with Marie though but it's interesting your quote about cars being bought on finance. Shocking in fact. I saw some stats the other day as well that were equally shocking where those buying luxury or status symbol cars had either no savings or less than £10k to their name. All on finance. I have no sympathy for them either. Never bought anything on finance in my life and never will.

If you can't afford it don't buy it. Some people in the UK are obsessed with wealth though or at least giving the impression they have it.

I thought the modern way was now leasing vehicles rather than buying outright, Barry?

... and, depending on your background, there's many people who can't afford to buy a house outright, so you must have been a proper rich bugha to begin with (or your parents were) if you were able to buy your first house without a mortgage... i.e. "on finance" !

 

[colinm]

There are now plenty of BEV's available new that are under £40k, I would guess the £46k average figure is out of date.

 

[Fisherman]

Just a bit of fun Bill.

I still agree with Marie though but it's interesting your quote about cars being bought on finance. Shocking in fact. I saw some stats the other day as well that were equally shocking where those buying luxury or status symbol cars had either no savings or less than £10k to their name. All on finance. I have no sympathy for them either. Never bought anything on finance in my life and never will.

If you can't afford it don't buy it. Some people in the UK are obsessed with wealth though or at least giving the impression they have it.

Barry some cars depreciate 60% after three years.
You buy a car three years old that was listed at £41,000 new for £17,000 because you can’t afford a new £41,000. If your cars normal road tax is £190, you would have two years at £615 to pay.
So it’s not just wealthy folk who buy new cars (something I have never done ) that are affected.
As I stated many don’t know about this tax, including my mate who thought his road tax was £190, he knew nothing about this road tax

Also as I have stated it makes no difference what you pay for the car it’s based on the list price . So if you see a pre reg with a list price of £41,000 and buy it for say 33,000 because you can’t afford £41,000 then you are still liable.

MY MAIN REASON FOR POSTING THIS WAS TO MAKE POSTERS AWARE.

I was ignorant of this until recently, forewarned is forearmed.
But would this put me buying the right car, probably not, but this tax seems badly thought out, and needs looking at in my honest opinion.

 

[Fisherman]

I thought the modern way was now leasing vehicles rather than buying outright, Barry?

... and, depending on your background, there's many people who can't afford to buy a house outright, so you must have been a proper rich bugha to begin with (or your parents were) if you were able to buy your first house without a mortgage... i.e. "on finance" !

Even leasing involves paying this tax Marie. It’s included within your monthly cost.

 

[Fisherman]

Just a bit of fun Bill.

I still agree with Marie though but it's interesting your quote about cars being bought on finance. Shocking in fact. I saw some stats the other day as well that were equally shocking where those buying luxury or status symbol cars had either no savings or less than £10k to their name. All on finance. I have no sympathy for them either. Never bought anything on finance in my life and never will.

If you can't afford it don't buy it. Some people in the UK are obsessed with wealth though or at least giving the impression they have it.

I don’t reckon they want anyone’s sympathy Barry.
And for many now they have no other way of buying a new or relatively new car.
Some only have debt for their house and their car.
It’s tough when you know nothing or very little about cars and need something reliable, which can take the family. Times are hard for many struggling with finances in today’s demanding world.

 

[maingate]

Just a bit of fun Bill.

I still agree with Marie though but it's interesting your quote about cars being bought on finance. Shocking in fact. I saw some stats the other day as well that were equally shocking where those buying luxury or status symbol cars had either no savings or less than £10k to their name. All on finance. I have no sympathy for them either. Never bought anything on finance in my life and never will.

If you can't afford it don't buy it. Some people in the UK are obsessed with wealth though or at least giving the impression they have it.

I'm the opposite Barry. I always look like I've got nowt.

I probably watched Bobby Thompson (the little waster) too much at the Workingmens Clubs as a youth.

 

[Fisherman]

It’s not a rip off. If a person chooses to buy a vehicle that qualifies for the tax, then it’s their choice; nobody has been ‘ripped off’

I agree calling it a rip off was wrong, but I do think it needs looking at.
But it’s important that folk know about this.

 

[barryd]

I'm the opposite Barry. I always look like I've got nowt.

I probably watched Bobby Thompson (the little waster) too much at the Workingmens Clubs as a youth.

Hahahaha! Me too. Scruffy git, drive a ten year old Suzuki Swift go kart.

Bobby Thompson does remind me of you now you mention him

 

[barryd]

I thought the modern way was now leasing vehicles rather than buying outright, Barry?

... and, depending on your background, there's many people who can't afford to buy a house outright, so you must have been a proper rich bugha to begin with (or your parents were) if you were able to buy your first house without a mortgage... i.e. "on finance" !

I did have a mortgage and for a year before we got married I had furniture I begged and borrowed and a crap portable TV and a three hundred quid Ford Fiesta. I could have bought all sorts on finance I guess but we saved until we could buy them. I always worked on the principle that you never know what's round the corner and being in debt was a bad idea.

 

[molly 2]

Just taxed Julie's Peugeot 3008 1.6HDI Blue for the grand sum of zero (he said smugly).

I probably won't be so smug next year!

Wot how much I have to pay £20

 

[trevskoda]

Why they never put rd tax on fuel i will never understand, poor pensioner who only goes shopping once a week a few miles would pay little, big biz men/ladies driving all over the country would pay big time, this makes a better way to collect money for rd repairs as they use it much more & cause more polution.

 

[Robmac]

Why they never put rd tax on fuel i will never understand, poor pensioner who only goes shopping once a week a few miles would pay little, big biz men/ladies driving all over the country would pay big time, this makes a better way to collect money for rd repairs as they use it much more & cause more polution.

That makes a lot of sense Trev, but you can bet that even average mileage users would end up paying more tax than they do now.

 

[colinm]

Why they never put rd tax on fuel i will never understand, poor pensioner who only goes shopping once a week a few miles would pay little, big biz men/ladies driving all over the country would pay big time, this makes a better way to collect money for rd repairs as they use it much more & cause more polution.

There are multiple layers of tax on driving (much like everything else), much of it is already on fuel, so the more you drive the more tax you pay.

 

[trevskoda]

There are multiple layers of tax on driving (much like everything else), much of it is already on fuel, so the more you drive the more tax you pay.

True but time it was sorted, we get hammered rather than a fair crack of the whip.
Same with insurance, they should have been a standard third party rate cover for the driver in any car/van he is driving, then if a person wants comp for a certain car that should be through a ins co.
This could have been added to fuel or a yearly licence certificate or electronicly sorted to it, times move on but britain has not.
This could be linked to a number plate you own and tranfearable from car to car as in canida.

 

[Tezza33]

I am being ripped off, I have o ax and insure hree vehicles and I can only drive one a a ime, and m keyboard has no , I have r and u bu he wo kes beween hem don' work

Bluetooth keypad for sale, some keys don't work (shift, capslock,Y & T, maybe others) but if your spelling is already bad no-one will notice, £.0.05p including P&P

 

[YeoBlade]

There are multiple layers of tax on driving (much like everything else), much of it is already on fuel, so the more you drive the more tax you pay.

But the tax on electric fuel at home is just VAT @ domestic rate of just 5% somewhat different than fuel duty plus 20% off petrol/diesel

 

[colinm]

But the tax on electric fuel at home is just VAT @ domestic rate of just 5% somewhat different than fuel duty plus 20% off petrol/diesel

I suspect it's only a matter of time before 'pay per mile' comes in for EV's.

 

[955itriple]

Just a bit of fun Bill.

I still agree with Marie though but it's interesting your quote about cars being bought on finance. Shocking in fact. I saw some stats the other day as well that were equally shocking where those buying luxury or status symbol cars had either no savings or less than £10k to their name. All on finance. I have no sympathy for them either. Never bought anything on finance in my life and never will.

If you can't afford it don't buy it. Some people in the UK are obsessed with wealth though or at least giving the impression they have it.

This is an interesting point about perception. Couple of years ago I went into the local motorhome retailer in my new Tesla (company car) and the staff were all over me, wanting to show me vans. Went again a couple of months later in my 15 year old Suzuki Jimny and they all ran the other way .
If we have to have tradesmen round, I always leave the Tesla out the way. The price always goes up when that’s parked outside.

 

[barryd]

This is an interesting point about perception. Couple of years ago I went into the local motorhome retailer in my new Tesla (company car) and the staff were all over me, wanting to show me vans. Went again a couple of months later in my 15 year old Suzuki Jimny and they all ran the other way .
If we have to have tradesmen round, I always leave the Tesla out the way. The price always goes up when that’s parked outside.

HAHA! Absolutely. There are a lot of wealthy people where I live out in the sticks but you would never know it to look at them. One guy I have known for decades, long before I moved out to the Dales and he drives a tatty old Land rover and scuffs about in scruffy jeans and a tatty old Barbour jacket. He's worth in excess of £100m.

 

[Fisherman]

This is an interesting point about perception. Couple of years ago I went into the local motorhome retailer in my new Tesla (company car) and the staff were all over me, wanting to show me vans. Went again a couple of months later in my 15 year old Suzuki Jimny and they all ran the other way .
If we have to have tradesmen round, I always leave the Tesla out the way. The price always goes up when that’s parked outside.

Must be honest when I was doing quotes for alarm installations what caught my eye was their home rather than their car. If you live in an expensive home, and it’s finished to a high standard and reeks of money, it would make no difference if a ten year old Ford fiesta was parked outside the door. And if I saw brand new Tesla parked outside a standard property, in a not so sought after area, I would assume they just liked a nice car, and had borrowed heavily to buy it.
But I can say hand on heart I treated everyone the same regardless of perceived wealth.
What size of house they had, or what car they drove made no difference to me.