Luxury Car Tax

Car_54

ontheroad1970 said:

BULLY said:

Hi, everyone.Thanks for the replies..appreciated.

The exact retail price of the Lexus ES300h Premium Edition is £40,000,  however i would be paying almost 4k lower than that..i just want to make sure of no unpleasant surprises down the line regarding extra tax.I am not getting any extras with the Lexus.Not an EV, tried that last 3 years..not for me.

It's the list price that counts, not what you get it discounted to.  Though looks like you may be ok, just.

But only if there's no price rise between now and delivery. Risky.

BULLY

Yes i am aware it is the list price that counts, not sure why Lexus just didn't set retail on the road  price at £39.999 ..i will try and find out a more specific lead time if possible but i am sure i can cancel if price goes up but will double check.

Dave_5150

You will paying an enhanced tax rate on a £40,000 car according to the GOV.UK check tax rates for new unregistered cars service.

https://www.gov.uk/check-tax-rates-new-unregistered-cars

Car_54

Dave_5150 said:

You will paying an enhanced tax rate on a £40,000 car according to the GOV.UK check tax rates for new unregistered cars service.

https://www.gov.uk/check-tax-rates-new-unregistered-cars

No. It clearly says “more than” £40,000. 

So, £40,000.00 good, £40,000.01 bad.

Dave_5150

Car_54 said:

Dave_5150 said:

You will paying an enhanced tax rate on a £40,000 car according to the GOV.UK check tax rates for new unregistered cars service.

https://www.gov.uk/check-tax-rates-new-unregistered-cars

No. It clearly says “more than” £40,000. 

So, £40,000.00 good, £40,000.01 bad.

Guess you didn’t follow the link which clearly states “New cars with a list price of £40,000 or more (other than those that run solely on electricity) will pay an additional rate for 5 years from the start of the second licence.”

So £40,000.00 bad, £40,000.01 also bad. 

Barkin

Dave_5150 said:

Car_54 said:

Dave_5150 said:

You will paying an enhanced tax rate on a £40,000 car according to the GOV.UK check tax rates for new unregistered cars service.

https://www.gov.uk/check-tax-rates-new-unregistered-cars

No. It clearly says “more than” £40,000. 

So, £40,000.00 good, £40,000.01 bad.

Guess you didn’t follow the link which clearly states “New cars with a list price of £40,000 or more (other than those that run solely on electricity) will pay an additional rate for 5 years from the start of the second licence.”

The link provided also "clearly” states:

”Vehicles with a list price of more than £40,000

You have to pay an extra £390 a year if you have a car or motorhome with a ‘list price’ (the published price before any discounts) of more than £40,000. You do not have to pay this if you have a zero emission vehicle."

Just sayin'...

Grumpy_chap

It's very odd that Lexus (or any car manufacturer) would actually set a list price at exactly £40k given the VED thresholds. 
A list price of £39,999 would be far simpler in making that the car is below the threshold and would have some marketing clout I would assume also as it makes it clear to customers that the car is not subject to the surcharge so might be a plus point for a customer choosing between various makes.
Maybe Lexus simply don't expect to sell many at the £40k price once factors such as colour choice are considered.

Dave_5150

Barkin said:

Dave_5150 said:

Car_54 said:

Dave_5150 said:

You will paying an enhanced tax rate on a £40,000 car according to the GOV.UK check tax rates for new unregistered cars service.

https://www.gov.uk/check-tax-rates-new-unregistered-cars

No. It clearly says “more than” £40,000. 

So, £40,000.00 good, £40,000.01 bad.

Guess you didn’t follow the link which clearly states “New cars with a list price of £40,000 or more (other than those that run solely on electricity) will pay an additional rate for 5 years from the start of the second licence.”

The link provided also "clearly” states:

”Vehicles with a list price of more than £40,000

You have to pay an extra £390 a year if you have a car or motorhome with a ‘list price’ (the published price before any discounts) of more than £40,000. You do not have to pay this if you have a zero emission vehicle."

Just sayin'...

Yes I know as I had read all of the thread.

My point was the rules are confusing even on the website of the people that made the rules. So I would not buy a car with a £40,000 list price unless I was comfortable with potentially paying the enhanced RFL.

Barkin

Dave_5150 said:

Barkin said:

Dave_5150 said:

Car_54 said:

Dave_5150 said:

You will paying an enhanced tax rate on a £40,000 car according to the GOV.UK check tax rates for new unregistered cars service.

https://www.gov.uk/check-tax-rates-new-unregistered-cars

No. It clearly says “more than” £40,000. 

So, £40,000.00 good, £40,000.01 bad.

Guess you didn’t follow the link which clearly states “New cars with a list price of £40,000 or more (other than those that run solely on electricity) will pay an additional rate for 5 years from the start of the second licence.”

The link provided also "clearly” states:

”Vehicles with a list price of more than £40,000

You have to pay an extra £390 a year if you have a car or motorhome with a ‘list price’ (the published price before any discounts) of more than £40,000. You do not have to pay this if you have a zero emission vehicle."

Just sayin'...

My point was the rules are confusing even on the website of the people that made the rules. 

Yet you're pretty adamant about which is correct...

Rover_Driver

A problem with the .gov website is that is not always that accurate, and should never be relied on for legal matters and just seems to give general advice. In the past, I have notified them of a legal inaccuracy in one of their sites, their reply was 'that is what most people need to know about".