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Buying a diesel (second hand nearly new)

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  • 20aday
    20aday Posts: 2,610 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    AdrianC wrote: »
    http://www.bbc.co.uk/news/uk-politics-42056452
    The BBC's "key points" says...


    So that's pre-Euro6 diesels to go up one CO2 band?

    The transcript does not appear to be available yet.

    Must admit I'm somewhat confused by the increase in VED bands; my Diesel is Euro-4 (2008) so I'm guessing it'll jump for £20/year to £30/year (hardly a deterrent!) but seem to get the impression it's aimed at new Diesel motors which aren't up to the latest standards?
    It's not your credit score that counts, it's your credit history. Any replies are my own personal opinion and not a representation of my employer.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
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    20aday wrote: »
    Must admit I'm somewhat confused by the increase in VED bands; my Diesel is Euro-4 (2008) so I'm guessing it'll jump for £20/year to £30/year (hardly a deterrent!)

    No, moving from band B to C won't make a big difference - but the move from band K to L will take a year's VED from £305 to £520...

    And before you say "Well, they're so filthy they deserve it" - the move from C to D would be £30 to £115.
    but seem to get the impression it's aimed at new Diesel motors which aren't up to the latest standards?

    Euro 6 is the current standard. All cars newly type-approved from September 2014 have had to meet it, and all cars first registered from September 2015 have had to.

    <thinks, googles>
    Ah, here we go... The full transcript.
    From April 2018 the first year VED rate for diesel cars that don’t meet the latest standards will go up by one band.

    That does appear to be a strange one... Euro VII hasn't been announced yet, but isn't expected to be here until at least 2020.

    <shrugs, scratches head>
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    20aday wrote: »
    Must admit I'm somewhat confused by the increase in VED bands; my Diesel is Euro-4 (2008) so I'm guessing it'll jump for £20/year to £30/year (hardly a deterrent!) but seem to get the impression it's aimed at new Diesel motors which aren't up to the latest standards?

    Yes, the latter was my interpretation of it.
  • imran22
    imran22 Posts: 127 Forumite
    I am totally confused - whether I still go ahead and buy a diesel SUV because that is the only option I have in the used cars with 7 seats and automatic.

    Or decide not to buy SUV and go for a MPV (in petrol) that I do not like.
  • Gloomendoom
    Gloomendoom Posts: 16,551 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    imran22 wrote: »
    I am totally confused - whether I still go ahead and buy a diesel SUV because that is the only option I have in the used cars with 7 seats and automatic.

    Or decide not to buy SUV and go for a MPV (in petrol) that I do not like.

    No point in buying car you don't like.

    By-the-way, we have just bought another diesel SUV. There is a petrol version but it is very thirsty and consequently very rare.
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    imran22 wrote: »
    I am totally confused - whether I still go ahead and buy a diesel SUV because that is the only option I have in the used cars with 7 seats and automatic.

    Or decide not to buy SUV and go for a MPV (in petrol) that I do not like.

    I think diesels in SUVs will continue to be the default choice.

    If you want the car, go for it. Most of it is the newspapers talking the market down to create the next "scandal".

    I've a 2016 Passat TDI bought in May and i'm not in remotely concerned about residuals.
  • force_ten
    force_ten Posts: 1,931 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    edited 22 November 2017 at 9:03PM
    motorguy wrote: »
    Absolutely no evidence from the motor trade to support that.
    secondhand diesel car prices are dropping off a cliff

    that is what the salesman tells you when you are trying to trade your three year old diesel

    it is a totally different story when he is trying to sell the exact same car
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    force_ten wrote: »
    that is what the salesman tells you when you are trying to trade your three year old diesel

    it is a totally different story when he is trying to sell the exact same car

    That old chestnut. ;)

    Hes going to "do you a favour and take it off your hands" is he?

    A salesman will tell you anything to get your car cheaper.

    However hes talking !!!!!!!! if hes telling you that.

    Although i no longer trade, i still watch the trade auctions of a big dealer group online daily and book values are still strong for diesels, they are still the cars that attract the most interest from the trade and they are the cars most likely to make over book value.

    The used market for clean, retail quality diesels is buoyant and IMHO we could see used diesel values potentially rise, now that there arent as many being sold new.
  • System
    System Posts: 178,348 Community Admin
    10,000 Posts Photogenic Name Dropper
    AdrianC wrote: »
    http://www.bbc.co.uk/news/uk-politics-42056452
    The BBC's "key points" says...
    Vehicle excise duty for diesel cars not meeting latest standards to rise by one band in April 2018
    So that's pre-Euro6 diesels to go up one CO2 band?
    Nice Ninja edit there. You missed out the word new.

    This is what was actually posted on the BBC website.
    Vehicle excise duty for new diesel cars not meeting latest standards to rise by one band in April 2018

    So no, they're not going up one band for anyone who currently has one or buys a second hand one.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Gloomendoom
    Gloomendoom Posts: 16,551 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    motorguy wrote: »
    The used market for clean, retail quality diesels is buoyant and IMHO we could see used diesel values potentially rise, now that there arent as many being sold new.

    My thoughts exactly. Just traded in a diesel SUV and got a good price for it. The dealer had no problem selling the car on quickly even with his generous mark up added.
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