Find a Car List Price in March 2023?

Miniminxie
Miniminxie Posts: 30
First Post First Anniversary
Forumite
I've just been hit with a totally unexpectedly huge car tax bill reminder! I was very clear when I purchased the car that it must not exceed the luxury car £40K threshold. The price I paid was quite a bit less than £40K. 

I now understand the tax is based on the manufacturer's list price at the date of first registration.

Can anyone tell me please how I can find out the list price of a car as at 01/03/23?
«1

Comments

  • Mildly_Miffed
    Mildly_Miffed Posts: 232
    First Post Name Dropper First Anniversary
    Forumite
    I've just been hit with a totally unexpectedly huge car tax bill reminder! I was very clear when I purchased the car that it must not exceed the luxury car £40K threshold. The price I paid was quite a bit less than £40K. 

    I now understand the tax is based on the manufacturer's list price at the date of first registration.

    Can anyone tell me please how I can find out the list price of a car as at 01/03/23?
    Don't forget that the price that counts for the VED supplement includes any factory options fitted.
  • Dave_5150
    Dave_5150 Posts: 246
    First Anniversary First Post
    Forumite
    edited 8 February at 9:20PM
    I've just been hit with a totally unexpectedly huge car tax bill reminder! I was very clear when I purchased the car that it must not exceed the luxury car £40K threshold. The price I paid was quite a bit less than £40K. 

    I now understand the tax is based on the manufacturer's list price at the date of first registration.

    Can anyone tell me please how I can find out the list price of a car as at 01/03/23?
    Your invoice is likely to include the list price before discounts. The P11D value is used to establish the RFL cost so it isn't as simple as just knowing the list price.

    https://www.rac.co.uk/business/news-advice/advice-guides/p11d-value
  • Mildly_Miffed
    Mildly_Miffed Posts: 232
    First Post Name Dropper First Anniversary
    Forumite
    Also, you can see on VehicleEnquiry whether any car is subject to the additional rate.
    If it is, there'll be an extra line at the bottom, below the V5C date.



    Remember, the list price is reported to DVLA automatically by the manufacturer's computer system at the time of first reg.
    https://vehicleenquiry.service.gov.uk

  • Grumpy_chap
    Grumpy_chap Posts: 14,393
    First Anniversary First Post Name Dropper Combo Breaker
    Forumite
    I've just been hit with a totally unexpectedly huge car tax bill reminder! I was very clear when I purchased the car that it must not exceed the luxury car £40K threshold. The price I paid was quite a bit less than £40K. 

    I now understand the tax is based on the manufacturer's list price at the date of first registration.

    Can anyone tell me please how I can find out the list price of a car as at 01/03/23?
    What car and full specification (engine / trim / options) is it?
    Easier to find the specific information than any car price list for the date (which has been provided upthread for Ford cars).

    More specific than a price list would be the order / invoice paperwork. 

    Out of interest, what date did you place the order?
    What date did you take delivery of the car?
    Was there a change in price list in the interim?
    AIUI, the VED assessment is based upon the list price of the car (plus any options) the close of business the day before first registration.
  • Miniminxie
    Miniminxie Posts: 30
    First Post First Anniversary
    Forumite
    Thank you all for your very helpful replies.

    I followed your detailed search path Rodders53 and found the details that my searches had failed to find.
    I've also found the information on the 'log book' which of course I never studied when it arrived.
    All the order/invoice paperwork shows the price under the £40K.

    I am fuming! The car had major tech problems shortly after we took delivery - at which time I wanted to reject it & have my money back. The dealer persuaded me to have it put right which they did after I met with the sales manager. I should have stood my ground butaccepted because I hate confrontation. I'm so not sure I have the stamina to argue with them again and may just have to learn to live with it.

    I am aware there are much worse problems in the world but I should have learned from MSE.  The motto is 'Let the buyer beware' especially with car dealers.
  • 400ixl
    400ixl Posts: 2,632
    First Anniversary First Post Name Dropper
    Forumite
    The order / invoice prices are not the ones that drive the VED pricing though.

    It is the list price of the vehicle and option + a few other little bits which decide. So if you bought it and any of those were discounted then the invoice price could be under £40k but the list price above it meaning it still gets hit with higher VED.

    What was the 'On the Road' price?
  • Mildly_Miffed
    Mildly_Miffed Posts: 232
    First Post Name Dropper First Anniversary
    Forumite
    The price you paid may well have been below £40k.

    But that's not the price that matters. It's the list price, including options, which is the relevant figure - the way of calculating liability is unchanged since it was introduced in 2017.
  • Jaybee_16
    Jaybee_16 Posts: 418
    First Anniversary Name Dropper First Post Combo Breaker
    Forumite
    I had a similar issue, paid less than 40K but the list price was above after a price increase prior to delivery. Dealer phoned me to explain the situation and asked if I wanted to continue with the purchase or they'd refund my deposit in full. 
  • Miniminxie
    Miniminxie Posts: 30
    First Post First Anniversary
    Forumite
    Jaybee you were fortunate to have a good dealer, After 12 months it is probably too late for me.
Meet your Ambassadors

Categories

  • All Categories
  • 341.7K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.1K Spending & Discounts
  • 233.8K Work, Benefits & Business
  • 606K Mortgages, Homes & Bills
  • 172.5K Life & Family
  • 246.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards