New road fund license rate

[mandon75]

I have recently recieved a letter from my local Lexus dealer with reference to the VED increases and the additional costs added to the list price of the new 2017 cars.

Will this mean that the value of my 2012 (and any lexus registered before 2017) CT200h increase in part exchange value due to the increase in the demand for a car registered before 2017. 

My 2012 CT200h emits 82g/km CO2 meaning the road tax for my car will be £0.

A 2017 CT200h emits 82g/km CO2 with a first year VED of £100 followed by the standard rate of £140.

Surely the demand for a pre 2017 CT200h will increase as the annual tax cost is less.

[floggit]

Lets hope, this will lead to people keeping there cars longer maybe.

[colin79666]

It won't do any harm but I doubt it will make much difference. It might encourage some dealers with stock to pre register a few cars but £140 a year isn't going to put off someone who wants a new car. 

I see it making more difference to the bigger cars in the Lexus range however as the penalty for a list price over £40k is huge. 

[rayaans]

I dont think the new VED is going to make much difference in all honesty.

People with more than £40k to spend on a car have £450 a year to spend on road tax. I dont think itll make much difference to cars less than £40k as I reckon they'll just start adding greater discounts on them.