On 1st April 2017, the way in which VED (Vehicle Excise Duty) is changing. Currently, the VED rates for vehicles are calculted based on the size of the engine, the CO2 emissions and the type of fuel the vehicle uses, depending on when the vehicle was first registered. When the VED changes occur, all new cars registered after 1st April 2017 will have their VED rate calculated differently.
Any vehicle that is registered on or after 1st April 2017 will be taxed on a first-year rate. This is based upon the CO2 emissions band that is applicable to that vehicle, and there will then be a standard fee of £140 per year for the following years. If your vehicle has a list price of over £40,000, there will be an additional premium of £310 per year for the following five years. So, in years 2-5 all vehicles with a list price of £40,000 or more will pay £450 per year, after which it will revert to the £140 per annum standard rate, for year six and thereafter.
If you purchase any new car with a list price of over £40,000 then it will be subject to the new rates. This is the manufacturer's recommended retail price, plus any optional extras. There will be a three-tier system for classifying how vehicles are subjected to the VED rates:
This does not affect any vehicle registered before 1st April 2017 and also does not apply to commercial vehicles, HGVs or motorcycles.
It's simple. Purchase a new car and as long as it is registered before 1st April 2017 then you'll pay the current VED rates for the lifetime of the vehicle.
No increases. The potential savings across the Maserati range are significant.
VED costs when registered before 1st April: £925
VED costs when registered after 1st April: £2610
VED costs when registered before 1st April: £1580
VED costs when registered after 1st April: £2910
With a selection of fantastic offers available across the new Maserati model range and Pre-Owned Maserati cars, experience the luxury of the purest Italian craft and driving pleasure of the most advanced technologies.
|Graypaul Nottingham||Graypaul Birmingham||Graypaul Edinburgh||Maranello Egham|
|0115 837 8218||0121 448 8278||0131 629 9173||01784 558 427|
For more information about the impending VED increase and to find out how your next car could be affected, please don't hesitate to get in touch with the sales team at your local Maserati dealer, we'll be only too happy to give you the right advice.