Road Tax Rates For 2020 (VED)
April 2020 has seen vehicle tax change once more. Rates are now calculated based on figures from the new WLTP emissions figures. The new Worldwide Harmonised Light Vehicle Testing Procedure (WLTP) is more representative of real-world driving, and encourages manufacturers to produce cleaner models. In addition, annual rates have increased slightly in line with inflation and the supplement for vehicles worth more than £40,000 no longer applies to electric cars.
What does that mean for me?
If your new vehicle’s emissions don’t exceed 75g/km of CO2, nothing changes – the cost of road tax for the first year remains the same as between April 2017 and March 2020. For vehicles with up to 130g/km of CO2 emissions, you’ll have to pay an additional £5 in the first year. Thereafter, first year tax costs increase rather more depending on your car’s emissions. The annual rate after the first year remains the same as before.
So how much is road tax a year?
Tax rates as of 1 April 2020 are as follows:
|CO2 Emissions g/km||Petrol and Diesel Cars which don't meet the RDE2 standard||All Other Diesel Cars||Alternatively fueled vehicles|
Choose your next vehicle with Wilsons
In order to keep your vehicle road tax low during the first year, it’s best to choose a lower emissions model. At Wilsons in Epsom, Surrey, we have a wide selection of small cars with cheap road tax for you to discover. You can learn what tax band a car is in by checking its emissions figures, which are displayed on our vehicle detail pages.
We represent Abarth, Alfa Romeo, Dacia, Fiat, Hyundai, Jeep, Nissan, Nismo, Peugeot and Renault, and can help local motorists and those travelling from London to find the ideal model. With our handy feature, you can also reserve or buy a new car online quickly and easily – without having to leave home. Pay in cash or apply for one of our car finance deals via our website, and drive away sooner.
To find out more about the vehicle tax changes, or to discover your perfect new or used car and reserve or buy it online, contact our team today. We’ll be happy to help.