‘Cheapest annual car tax’ revealed with these | Tech News
Certain drivers pays simply £20 to make use of the roads from April regardless of one of the most important car tax overhauls in recent times. A large Vehicle Excise Duty (VED) replace set to be launched from April 1, 2025 with petrol, diesel and electric car homeowners all affected.
Petrol and diesel homeowners will really feel the heaviest sting with customary charges up and first-year charges to double with some going through payments of up to £5,490 each year. Electric vehicles will even be affected with zero-emission fashions paying VED charges for the primary time ever after years of exemptions. Owners of fashions registered after 2017 might be moved to the usual VED payment which sits at £195 from April.
However, not all drivers face hefty charges with these holding the keys to electric fashions constructed earlier than 2017 more likely to money in.
Analysis from WeBuyAnyCar discovered this may be the “cheapest annual road tax” within the UK with charges at simply £20 per 12 months.
Richard Evans, WeBuyAnyCar’s head of technical companies, prompt older electric fashions might turn into an “attractive option” for these seeking to make essential financial savings.
Richard mentioned: “Once the changes take effect, owners of EVs first registered before April 2017 will have the cheapest annual road tax rate of all at just £20.
“This makes older EVs an engaging option for finances used car consumers seeking to save on operating prices.”
The £20 annual charge is almost ten times lower than the standard VED fee set to be issued to all-electric cars registered after 2017.
Brand new electric car owners are also set to benefit from a similar incentive with first-year fees standing at just £10.
Motorists unsure of the date their car was registered can usually find this information in their V5C logbook.
Drivers must legally renew their VED car tax agreement to use the roads with hefty punishments likely for evaders.
Those caught not paying for car tax might be hit with fines and will even have their vehicle’s clamped or seized by enforcement groups.
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