Road tax changes April 2020
From April 2020, changes are being made to the vehicle excise duty (aka road tax) system in the UK. Currently the amount of road tax you pay is based on how much CO2 your vehicle emits. Generally, the more your CO2 car emits, the more you pay. From April 2020, this will still be the case. The road tax bands will remain the same, however buying a new car in April will be more expensive than buying one in March.
Road tax increase
The government estimates there will be a 20% increase in official CO2 emissions ratings for most cars. This will mean the majority of cars will be in a higher road tax band in April 2020 than in March. This will only affect the initial purchase price of the car. In the years following, that tax rates will be standardized for all cars (up to the value of £40,000) with petrol and diesel vehicles paying £145, hybrids £135 and fully electric cars paying £0.
What should I do about it?
If you're thinking about buying a brand new car, your best option is to buy and register it before 31st March 2020, otherwise you might end up paying more for it. To get started, why not consider a brand new Ford. Choose from a range of great models including the new Puma mHEV with it's MegaBox in the boot that can hold 80 litres! Or the ever popular Fiesta if you are after something a little smaller and sportier.
Order and register your new Ford before 31st March and save!
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