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Posted

My dealer informed me this morning that, as of April 1st (and no, this is not an early April's fool!), all NEW cars over £40,000 will attract a £450 tax, per year, for 5 years.

If you are planning on buying a new car and it is going to cost over £40k, make sure it is registered before April 1st!

Posted

It's been all over the motoring press for ages now. Not only that 'luxury' tax but also big changes in annual VED rates.

The £40k limit is list price plus options, not any discounted price you might negotiate...

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DISCLAIMER: Lexusownersclub.co.uk is an independent Lexus forum for owners of Lexus vehicles. The club is not part of Lexus UK nor affiliated with or endorsed by Lexus UK in any way. The material contained in the forums is submitted by the general public and is NOT endorsed by Lexus Owners Club, ACI LTD, Lexus UK or Toyota Motor Corporation. The official Lexus website can be found at http://www.lexus.co.uk
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