From the 1st April 2019 the lovely government has introduced new tax bands for all vehicles.
Originally road tax was calculated by the CO2 emissions, more emissions, more tax, simple. 2019 the new VED tax bands are a little more complicated. Sub £40K and zero emissions will cost nothing (surcharge) . Over £40K list price a surcharge for the first 5 years will be £310, which also applies to hybrid and electric.
The Government is offering a Direct Debit and six-month options to make everything more affordable, but as always, going down this route there will be a small increase, but maybe worth it as spreading the cost could be more beneficial to the person that's budgeting.
Also, beware on options. More options will increase the list price, so just be mindful.
2019 road tax bands: Vehicle Excise Duty from 1 April 2017
So the question is, what cars are free to tax??
All electric and hybrid cars, registered after April 2017 and are under £40,000 will be free! Happy days!
But with all this doom and gloom, don't worry. With leasing the new road tax/VED this will be factored in when we prepare your quotations so there will not be any surprises. We will take care of it all.
Still clear as mud? It took us a while! Call us and we will explain.
* Affordable car leasing and van lease services for both business and personal contract hire in Northampton. If you need to lease a car or van fast, call our Northampton team today for a great deal.
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Silverstone Fleet Management
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