Well i see, according to last weeks Auto Express anyway, the Government is at last looking at scrapping VED. But as you would expect its not going to be a simplified easy to understand replacement.
Most people I speak to would like to see an extra tax (5-10p) on a Litre of fuel. This is, imo, a win win for everyone inc the Government. It means everyone pays, theres no getting around paying it, if you do 3k miles a year you pay accordingly, and if you do 40k miles a year Ditto, if you have a gas guzzling Range Rover/Ferrari/Madza rx8 then also your paying from a tree hugging greenhouse gas side of things too.
Simples, yes? No. Apparently, if this goes through, you will now pay a Purchase Tax when you buy a brand new car, on anything that emits more than 94g co2. Anything over 94g will see a charge of £50 per gram of co2. So lets take a Corsa 1.0. 55.4mpg, but 120g co2, hardly a fluffy bunny killer is it. List price is £9495 at the moment, new list price would be £1300 extra, a Insignia VXR would cost a staggering £7750 more!!! Now its good news for those of us who dont buy new cars, no more tax and suddenly those 2.8T vec and siggys look like a good buy. But lets look at the bigger picture. The only people who will buy new cars are the rich and company car drivers(same thing?)(might need a bigger boat there), so the car industry will suffer as joe blogs either buys an eco box or a second hand car. The car dealer looses out because it will mean he now cant pre register cars as he's not taking the extra hit just to make this months sales look good. The second hand market will also suffer as second hand prices will rise as demand becomes higher. So the Government looses out and taxes have to by increased to help cover the looses, so hard working man looses out as usual, and the rich, well they don't care because they have loads of spare cash anyway.
To the Government I say either put it back to where it was and everyone pays £120 a year or put 5-10p on a lt of fuel and those who do more miles and/or cause more pollution pay for that pleasure at the pumps.
Have a nice Saturday Ya'all,