I have a replica of a period tax disc that would have been displayed on my LS 400 when it was first registered in January 1997. It caught my eye again today and I was interested to know the % increase in VED for first registrations between then and now. Assuming a n/a V8 would be in the highest band.
VED for first registration 1997 £145
VED for first registration 2021 £2245
An increase of 1448%
Another assumption would be that a "new" LS 400 now would be priced at over £40k and subject to the additional £335 rate on top of the £155 from the second year on. So how about VED cost over the first 3 years ownership from 1997 (ignoring small increases year on year) and 2021?
VED cost for 3 years 1997 on £435
VED cost for 3 years 2021 on £3225
An increase of 641%
Not really going anywhere with this, just thought it was interesting. And eyeopening.