Please help - have I been misold a car?

Tilt

LayLadyLay wrote: »

I was lucky enough to buy a new car last week, it is a 63 plate and so had been unregistered when I agreed the purchase.

It was from a major dealer and 2 sales reps told me the road tax was £30 per annum, I have just had a look at the DVLA website and it is in fact £105 per year.

The whole purpose of my purchase was to lower my outgoings, and this was made clear to the sales people. This will now cost me £ 75 per year more than I was expecting. I haven't yet been able to speak to the sales as voice mail keeps picking up when I call.

Any advice would be most welcome please.

Thank you

Depends on which Punto you have bought. But what does the spec say? Surely when you were in the showroom placing the order, they showed you in writing what tax band the car was in. It would also of been on the windscreen or on a stand in front of a Punto in the show room.

In any event, it would also be shown on the vehicle order doc what the road fund licence cost was.

If indeed the salesman did say that the road tax was £30, I would be on the phone challenging him about it. But as someone earlier said, it could be a mistake at the DVLA end.

arcon5

molerat wrote: »

The government has done a wonderful job in convincing the population that these low VED vehicles will save them money whilst saving the planet. Simple logic and maths is obviously not a strong point. One born every minute as they say

And in the meantime the poorer end of society of subsidising these savings for the rich who can afford to go out and buy brand new cars through higher rates for older vehicles with higher emissions.

Now since VED was originally introduced for road construction and maintenance, I can't see how a emissions friendly vehicle can cause 600%(ish) less wear than the vehicle they are trading or a typical 5-10 year old vehicle costing anything from £150+ per year.

But I guess this is just another injustice if life.

Weird_Nev

OddballJamie wrote: »

Why would you lose 20% by driving it off the forecourt?

Drive it back onto the forecourt and ask them what trade in value they'll give you.;)

Guest101

Its amazing how someone would buy a brand new car to save money.

I want to save money, so think i'll go buy a hundred lottery tickets....

Wish i was the sales person when the OP turned up, nice little bonus

KTF

OddballJamie wrote: »

Why would you lose 20% by driving it off the forecourt?

20% is the VAT.

OddballJamie

KTF wrote: »

20% is the VAT.

VAT has nothing to do with depreciation.

I remember when the Mini came out over 10 years ago, people were queuing up to pay over retail for one second-hand, same goes for a lot of long waiting list cars. On the opposite end of the scale, pay MRP on some of the Ford/Vauxhall/Citroen range and you'll be lucky to get 70% back a day later. Again VAT doesn't come into it.

harveybobbles

OddballJamie wrote: »

VAT has nothing to do with depreciation.

I remember when the Mini came out over 10 years ago, people were queuing up to pay over retail for one second-hand, same goes for a lot of long waiting list cars. On the opposite end of the scale, pay MRP on some of the Ford/Vauxhall/Citroen range and you'll be lucky to get 70% back a day later. Again VAT doesn't come into it.

VAT has everything to do with it.

You buy a brand new car:

List Price is say, £10,000 (including fees etc)
VAT is 20% (£2000)

Total to oay to dealer is £12,000

Drive it off forecort and the VAT has gone and you are now £2000 down

This is called depreciation.

OddballJamie

harveybobbles wrote: »

VAT has everything to do with it.

You buy a brand new car:

List Price is say, £10,000 (including fees etc)
VAT is 20% (£2000)

Total to oay to dealer is £12,000

Drive it off forecort and the VAT has gone and you are now £2000 down

This is called depreciation.

There is no link between VAT and initial depreciation. Any initial hit is because buyers won't pay as much for a nearly-new car.

LayLadyLay

harveybobbles wrote: »

But, erm..

How is buying a brand new 63 plate car lowering your out goings?

In the grand sceme of things, the £75 is a small drop in the ocean compared to the 20% you lost when you drove it off the forecourt to be honest.

My old car was expensive on petrol and insurance and £200 road tax.

The finance repayments are paid for by the petrol, insurance and (supposed) road tax savings.

Tilt

Can address my post (#22) and tell me which version of Punto you have?