Car leasing query

strachiles

Hi, hoping someone can help, I choose to do a car lease (not pcp a true lease) signed the documents and paid £200 in January, company is Leasing Options, actually recommended on this website.  Delivery was due 30/3. That didn’t happen due to the current situation and I am happy to wait. However I realised that as the car hasn’t been registered yet, I asked the question to the leasing company about the recent Car Tax changes that came in April, as I wanted to be sure this wouldn’t increase the monthly cost to me. They have emailed me back after 2 weeks of chasing them, to confirm there will be an increase and they will be in touch. Surely if I have signed documents and paid £200 then my monthly cost should be fixed? I understand this isn’t the dealers fault, but it’s clearly not mine either. Car is over £40k so tax rise will increase. 

Can anyone advise if they can do this ? Many thanks 

molerat

The majority of vehicle lease contracts will have unforeseen event get out clauses and I suspect your only option will be release from the contract especially as it is a tax cost that is the problem.  I think the art of negotiation will come in here as I doubt they will be getting a lot of new contracts in the near future.  Read your contract.

DrEskimo

How much has the VED changed? Unless the CO2 was dramatically different under the new WLTP, which could affect the first year VED, the only difference will be a small increase due to inflation. 

jillhew

We are in a similar position. All the documentation was signed in March and we were told the car had been registered to us but then lockdown happened so we couldn’t arrange the delivery. We have now been told that we will be liable for the extra £1300 in tax. We are waiting to hear from Audi with regards to this. 

AdrianC

VED rates only changed by inflation in the budget.

The change you will be seeing is due to a change in emission figures.