VRT car price reduction

mickdw

Im sure dealers will try to mantain the current prices however, with vrt being reduced(low CO2 car) and the large uk market being unchanged, we will without doubt be able to import used cars from there at a serious reduction so surely the second hand market here should be dragged down to that price. Then new price will surely reflect this.
As things currently stand, the price betwen here and uk are similar enough for most people not to bother importing but if larger amounts can be saved significant numbers will import. This must result in dealers offering fair pricing or alternatvely the government revising the proposed system.
There is also the option of inporting new of course which should allow the importer to get the car at a fair pre tax price.
As i see it, as long as government dont go back on the proposed system, if you really want to buy your next car at its proper reduced price, you will be able to although you may have to import it.
Flip side to all this is the sale of high Co2 cars. These will surely rise in price and im sure the dealers will be quick to qoute a rise in vrt. With this in mind an early 2008 purchase of something stylish and powerful that doesnt have a deisel option could be wise as its current purchase price and road tax will be signifiacantly less than late 2008 models.

Tipsy Mac

Yes sales will be mixed next year, anyone with sense will avoid buying a new low CO2 vehicle until July and anyone who wants to buy a high CO2 emitting car should do so in January to avail of cheaper road tax. I can see if being a good year for car dealers for new car sales in that they should get a nice spread over January and then again in July instead of it peaking in January. For 2nd hand high emitting CO2 sales I think the market for sporty high emitting CO2 models will dwindle.

mickdw

how about buying a nearly new or new mazda rx8 before july. 1.4L engine and 230 bhp. Currently 200 -300 to tax. Registered after july will cost 2000 euro per year to tax plus purchase price will be much higher. it would be depreciation proof for a year at least as it would be much sought after compared to sligthly newer car

cyborg

mickdw wrote: »

how about buying a nearly new or new mazda rx8 before july. 1.4L engine and 230 bhp. Currently 200 -300 to tax. Registered after july will cost 2000 euro per year to tax plus purchase price will be much higher. it would be depreciation proof for a year at least as it would be much sought after compared to sligthly newer car

it's currently classed as a 1.8 for tax so it's 530euro, still a steal compared to 2k!

mickdw

didnt know they classed the rx8 as a 1.8.

cyborg

mickdw wrote: »

didnt know they classed the rx8 as a 1.8.

apparently so, engine is a 1.3 ,but it's taxed as a 1.8 and insured as a 2.6 !