Nasty surprise in post...

[100K+]

Duffus old man here. Got a "road tax" reminder letter today which deffo has taken the shine off the week.
I assumed wrongly, that my V60 T6 because it was a hybrid was lowish on duty, and I never checked up the actual cost.
Its my own fault for not fully checking but £560 was not the figure I was looking for. (£170 +£360 ( cos it cost over 40K)
Please tell me I'm not the only person who's fallen foul of this.....please.....

Cheer
Bob

[Wizzpop]

Originally Posted by 100K+

Duffus old man here. Got a "road tax" reminder letter today which deffo has taken the shine off the week.
I assumed wrongly, that my V60 T6 because it was a hybrid was lowish on duty, and I never checked up the actual cost.
Its my own fault for not fully checking but £560 was not the figure I was looking for. (£170 +£360 ( cos it cost over 40K)
Please tell me I'm not the only person who's fallen foul of this.....please.....

Cheer
Bob

Another reason I haven't updated to a new hybrid V60.

[Thekilt]

It is a kick in the sac the extra tax for anything over £40k. When looking around I always set the year limit to 2018 being 5 years after the original sale as it is then not applicable.

[V60 probably]

Originally Posted by 100K+

Duffus old man here. Got a "road tax" reminder letter today which deffo has taken the shine off the week.
I assumed wrongly, that my V60 T6 because it was a hybrid was lowish on duty, and I never checked up the actual cost.
Its my own fault for not fully checking but £560 was not the figure I was looking for. (£170 +£360 ( cos it cost over 40K)
Please tell me I'm not the only person who's fallen foul of this.....please.....

Cheer
Bob

I've just bought one too. Although I was aware of the cost, I had to feign surprise for the wife's benefit when the dealer was taxing it and I had to pay when we picked it up.

[pjm84]

5 years after the first years VED. So when you come to TAX the vehicle at year 7, then it drops down.

"............This kicks in after the first-year's CO2-based charge, so you'll pay the supplement from years two to six of the car's life"

[Lancee]

A perspective/sense of proportion. £360.00 is less than £1.00 per day. I can't buy much for less than a £1 these days.

Car is £40,000.00 plus ?

Would/should a different model/specification of car be chosen on the basis of saving £1.00 a day ?

[piorunz]

Originally Posted by 100K+

Duffus old man here. Got a "road tax" reminder letter today which deffo has taken the shine off the week.
I assumed wrongly, that my V60 T6 because it was a hybrid was lowish on duty, and I never checked up the actual cost.
Its my own fault for not fully checking but £560 was not the figure I was looking for. (£170 +£360 ( cos it cost over 40K)
Please tell me I'm not the only person who's fallen foul of this.....please.....

Cheer
Bob

Sorry for you have been negatively surprised like this, Bob.
I, however, was told by Volvo dealer that this is the case with new and under 5 years old cars. Paid £560 at dealership when paying for the car and signing agreements.

[KungFooBob]

When I collected my 3 year old approved used S90 D4, the salesman told me it was going to cost £500+ to tax it and disappeared into the back office with my debit card.

I was surprised when he returned and said it only asked for £180.

On investigation the previous owner had spec'ed the car up to £2 short of the £40k.

Not that it helps you

[100K+]

The stupid thing is I watch Martin Lewis, and think I'm pretty financially savey, but this high road tax never crossed my mind. You can only ask about what you know. I assumed Hybrid = low road fund tax.....WRONG! lol
Just have to do 3 more bank switches to recoup my loss!

I have to say it is affordable, I'm not going to have to sell it or anything daft, I was just wondering if anyone else had been caught..

Cheers
Bob

[techwatcher]

I knew about the higher road tax when we bought our XC60 but considered it a price worth paying to get the car, and options, that I wanted.

Lot of tales of people specifying cars to be just under £40k list price, and one or two of people thinking the rules applied to a discounted price paid and not the list price...