For vehicles registered from the 1 April 2017, Vehicle Excise Duty (VED) is changing. Many motorists will need to pay significantly more in car tax, the hike for some being almost tenfold.
You don’t need to panic just yet, however; there’s still time to purchase a brand new Audi and avoid the upsurge. Marshall Audi will be selling off their remaining stock of brand new Audi vehicles at heavily reduced prices. These vehicles are available to drive away today and MUST be sold before the end of March! If you’re considering an upgrade, it could save you thousands if you do so before 1 April – Can you really afford to miss it?
VED is calculated in accordance with a vehicle’s list price and efficiency. At present, vehicles registered on or after the 1 March 2001 don’t need to pay any tax if they produce less than 100g/km of CO2. However, for vehicles registered from 1 April 2017, only those with zero emissions will benefit from tax exemption.
Every vehicle which is registered on or after 1 April 2017 and produces C02 will need to pay a charge, ranging from £10 for 1-50 g/km of CO2, right up to £2000 for over 255 g/km. After the first year of registration where the rate of tax is variable, all vehicles which emit CO2 must pay a standard rate of £140 per annum; in addition, cars with a list price of £40,000 or more must pay an additional rate of £310 on top of the standard rate, for 5 years.
To put it into perspective, a hybrid vehicle such as the Audi A3 Sportback e-tron would currently be tax-free, due to its frugal emissions of 37g/km of CO2; however, an e-tron registered from the 1 April 2017 would cost £10 to tax for the first year, and £140 for every year thereafter.
An Audi Q7 with a range-topping 3.0 TDI quattro SE 272PS Tiptronic engine would see an even bigger increase; emitting 153 g/km of CO2, the current rate of tax would be £185 per annum, but for those registered from the1 April, the tax will rocket to £500 for the first year and £140 per year thereafter. In addition, with the list price being over £40,000, a further £310 will be piled on top for 5 years. So, an Audi Q7 registered from the 1 April 2017 will cost £2610 in tax over 5 years, as opposed to £925 if registered on the 31 March 2017.
Don’t risk falling foul of the rise in prices. Fully prepped and ready to drive away, stock at our Marshall Audi centres is extremely limited and will not be advertised in advance. So sidestep the sting; purchase your dream Audi this weekend, before time runs out on the 1 April. The clock is ticking!
0203 811 0213
0203 811 0229
0203 811 0262
0203 811 0276
0203 811 0291