VED (Initial Road Tax) - UK Only!

[Trialmaster]

The Ineos Grenadier, with both the petrol and diesel engine, will fall into the highest VED band, meaning a 'showroom tax' in the first year of £5,490 will be added to the purchase price as of 1st April.

These clueless bastards running the UK, have just driven another nail into the Grenadiers coffin. This is a doubling of £2750, which was already extortionate to £5490.

I can imagine a lot of pre-registered vehicles hitting the forecourts before 1st April.

 

[ECrider]

The Ineos Grenadier, with both the petrol and diesel engine, will fall into the highest VED band, meaning a 'showroom tax' in the first year of £5,490 will be added to the purchase price as of 1st April.

These clueless bastards running the UK, have just driven another nail into the Grenadiers coffin. This is a doubling of £2750, which was already extortionate to £5490.

I can imagine a lot of pre-registered vehicles hitting the forecourts before 1st April.

Is that just for the Belstaff models?

 

[Skydance]

That’s M1 for passenger vehicles. N1 Commercial vehicles is more favourable for VED tax but insurance is more expensive. Tax to death in this country.

 

[Trialmaster]

Under the impression it is all models of the Grenadier, unless someone corrects me.

EDIT: Skydance has more info above.

 

[CRH]

The Ineos Grenadier, with both the petrol and diesel engine, will fall into the highest VED band, meaning a 'showroom tax' in the first year of £5,490 will be added to the purchase price as of 1st April.

These clueless bastards running the UK, have just driven another nail into the Grenadiers coffin. This is a doubling of £2750, which was already extortionate to £5490.

I can imagine a lot of pre-registered vehicles hitting the forecourts before 1st April.

Serves you right for working hard and making money, what were you thinking!!

 

[Coullabus]

Absolutely criminal. That amount of added money - plus the extra £410 per year for the first 5 years on the road fund licence..... ridiculous.

WARNING: ENTERING SMUG MODE!!!!!!! Thankfully mine was secondhand, 6 months old with 1500 miles on the clock, like new. Without the eye watering tax. Sorry.

 

[CountyV8]

Are we going to SORN at the end of March then re TAXX. to get a little back. ?

 

[Skydance]

Absolutely criminal. That amount of added money - plus the extra £410 per year for the first 5 years on the road fund licence..... ridiculous.

WARNING: ENTERING SMUG MODE!!!!!!! Thankfully mine was secondhand, 6 months old with 1500 miles on the clock, like new. Without the eye watering tax. Sorry.

Still have to pay an extra £410 for the first five years of the vehicle if it’s a passenger M1 vehicle. Doesn’t matter if your the second owner. Government have got you by the balls.

 

[Skydance]

Are we going to SORN at the end of March then re TAXX. to get a little back. ?

Kindly explain how this works? I heard a few people mention this but I can’t figure out how you gonna save money.

 

[Eric]

Are we going to SORN at the end of March then re TAXX. to get a little back. ?

I don't think that applies to the first registration fee, that element is not classed as the annual road tax. I presume !!

 

[CountyV8]

I don't think that applies to the first registration fee, that element is not classed as the annual road tax. I presume !!

Yes just second year tax just checked the new logbook V5 and it thinks im the second owner ringing DVLC now

 

[Coullabus]

Still have to pay an extra £410 for the first five years of the vehicle if it’s a passenger M1 vehicle. Doesn’t matter if your the second owner. Government have got you by the balls.

Correct, of course. But the first 2 years they only hit me for £190.... the new V5 they sent corrects this. So it's £410+£190=£600.00 for the next 3 years But still saved on that initial new vehicle tax. NOT the reason we bought secondhand - let's just say it was the most expensive, but wonderful, impulse buy of my life

But hey, thats life.

 

[landmannnn]

In many countries they would laugh at £5k. Places like Turkey, Denmark and the Netherlands it is over €100k, others like France around €60k. Ireland will hit you with €2.4k annually. (Not N1, they are generally less)