The New "Showroom Tax"
Let's face it, by now it must be tricky for the government to come
up with new and ingenious ways to tax the motorist. But bless them, they have managed to
do it again.
Ladies and Gentlemen, as of 1 April, let me introduce you to the new Showroom Tax.
BUT I DON'T OWN A SHOWROOM!
Let me be very clear - THIS IS A ONE-TIME TAX PAYABLE ONLY ON BRAND-NEW CARS and so it
doesn't affect used car purchases. Plus, it only really applies to the more polluting cars.
It is structured so that your first year's road tax is potentially more expensive than any
And you may not even notice it as the dealer will just add it on to your invoice and pay it
for you, in the same way as they do with the VAT (lest anyone forgets that 17.5% of a new car's
cost already goes to fund our great nation).
HOW MUCH MORE IS THIS GOING TO COST ME?
So that the government can make it seem as if there are some environmental reasons behind
this, the size of the tax is related to how environmentally friendly the car is (based on
the official CO2 output):
(*Please note that cars registered before 1 March 2001 have a different road tax cost structure.)
|Up to 100g/km
To be fair, all this means that very low-emission cars will have less tax to pay for the first
year... a whole £20 to £90 worth!
WHY IS THIS POINTLESS?
Largely because no-one is going to stop buying 4x4s because of this tax. If you are shelling
out £52,000 for a Range Rover Sport, an additional £515 isn't going to make you swap to a Toyota
However, what really makes no sense to me is that last year the government said, "We understand
the new car market is struggling, so we will introduce the Scrappage Scheme to help." But
this new tax is a complete U-turn. Although the government doesn't necessarily seem to be
discouraging people from buying new cars in general, they do appear to be singling out the sort of
new cars that the British have always been good at producing... expensive gas guzzling ones.
See every-mod-y later!
(Founder & Owner)
OF THE WEEK
"I want a Volvo V70 with the 2.0D engine... and a manual gearbox... and it must have leather seats...
and the seats must be heated... and it can't be silver."
How much it should have cost:
CAP Black Book = £20,925
We bought it for = £17,750!
WHY I LOVE THE...
Land Rover Defender
Utilitarian beauty. On the inside, chunky controls and hard-wearing
plastics. Outside, big thick tyres and exposed rivets in the metalwork. We had a 2008 model in here
overnight a few months back and I spent 20 minutes just looking around it and touching bits! But then
I had to deliver it 10 miles down the road... And how does it drive? Well, I was very happy taking the
I would just like to officially congratulate our toughest client,
David "Hayemaker" Haye, on regaining his WBA Heavyweight Champion of the World title last
David, I am not the greatest sports fan, but I have never in my life experienced such an electric
atmosphere as the first round of that fight. Well done again! (Fancy a Lamborghini to