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S60 & V60 '18> / XC60 '17> / S90 & V90 '16> / XC90 '15> General Forum for the SPA-platform 60- and 90-series models |
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Nasty surprise in post...Views : 1726 Replies : 21Users Viewing This Thread : |
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Sep 6th, 2023, 11:07 | #1 |
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Nasty surprise in post...
Duffus old man here. Got a "road tax" reminder letter today which deffo has taken the shine off the week.
I assumed wrongly, that my V60 T6 because it was a hybrid was lowish on duty, and I never checked up the actual cost. Its my own fault for not fully checking but £560 was not the figure I was looking for. (£170 +£360 ( cos it cost over 40K) Please tell me I'm not the only person who's fallen foul of this.....please..... Cheer Bob
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Sep 6th, 2023, 11:26 | #2 | |
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Quote:
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Sep 6th, 2023, 11:43 | #3 |
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It is a kick in the sac the extra tax for anything over £40k. When looking around I always set the year limit to 2018 being 5 years after the original sale as it is then not applicable.
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Sep 6th, 2023, 11:44 | #4 | |
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Quote:
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2021 V60 Recharge T6 Inscription with Climate Pack in Denim Blue Prevously: 1992 440ti, 1997 S40 1.8, 2000 S80 2.4. |
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Sep 6th, 2023, 12:20 | #5 |
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5 years after the first years VED. So when you come to TAX the vehicle at year 7, then it drops down.
"............This kicks in after the first-year's CO2-based charge, so you'll pay the supplement from years two to six of the car's life" |
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Sep 6th, 2023, 12:33 | #6 |
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A perspective/sense of proportion. £360.00 is less than £1.00 per day. I can't buy much for less than a £1 these days.
Car is £40,000.00 plus ? Would/should a different model/specification of car be chosen on the basis of saving £1.00 a day ? |
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Sep 6th, 2023, 12:45 | #7 | |
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I, however, was told by Volvo dealer that this is the case with new and under 5 years old cars. Paid £560 at dealership when paying for the car and signing agreements.
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Sep 6th, 2023, 14:13 | #8 |
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When I collected my 3 year old approved used S90 D4, the salesman told me it was going to cost £500+ to tax it and disappeared into the back office with my debit card.
I was surprised when he returned and said it only asked for £180. On investigation the previous owner had spec'ed the car up to £2 short of the £40k. Not that it helps you |
Sep 6th, 2023, 14:32 | #9 |
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The stupid thing is I watch Martin Lewis, and think I'm pretty financially savey, but this high road tax never crossed my mind. You can only ask about what you know. I assumed Hybrid = low road fund tax.....WRONG! lol
Just have to do 3 more bank switches to recoup my loss! I have to say it is affordable, I'm not going to have to sell it or anything daft, I was just wondering if anyone else had been caught.. Cheers Bob
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Sep 6th, 2023, 14:58 | #10 |
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I knew about the higher road tax when we bought our XC60 but considered it a price worth paying to get the car, and options, that I wanted.
Lot of tales of people specifying cars to be just under £40k list price, and one or two of people thinking the rules applied to a discounted price paid and not the list price...
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