Excise Licence (Road Tax) for EV's

replied on 12/11/2022 22:41

Posted on 12/11/2022 22:41

The user and all related content has been Deleted User

replied on 23/11/2022 16:54

Posted on 23/11/2022 15:48 by ChocolateTrees

So the new rules are now published. From 2025, EVs will have the same VED as any new car, and any car registered  pre-2017 that was in the low emissions band A (£0) will be charged the same as low emissions band B (£20 per year). 

Company car tax will still be low on a 1% per annum escalator from 2025. This attractive status will apply to salary sacrifice too. 

Net-net an EV will be as cheap as the cheapest ICE for VED. Realistically it's not going to make a big difference to the decision to get one based on cost.  The savings on fuel and servicing are likely to be far greater than that from VED.

Of course cost is only one aspect. If you want one because you like them or find the more convenient, then nothing changed. And if you are getting one for green reasons, nothing changed there either. 

Posted on 23/11/2022 16:54

The user and all related content has been Deleted User

ChocolateTrees replied on 23/11/2022 17:05

Posted on 23/11/2022 16:54 by

Will you not  also be liable for the "luxury car" surcharge applied for 5 years from year 2?

Posted on 23/11/2022 17:05

I believe so for cars registered after 2025? Not sure if the luxury tax is retrospectively applied for EVs registered after 2017 and before 2025. Either way, it's either the same as ICE or a little better. 

Edit

The Luxury tax is only applicable to EVs registered after 2025. 

HMRC page

The changes all come in in 2025, so 2023 and 2024 are still VED free and Lux exempt for EV, and older (2001 to 2017) low emissions vehicles (sub 99g co2/km). 

JVB66 replied on 23/11/2022 17:41

Posted on 23/11/2022 17:41

The article gives buyers a very good platform of what to check and ask questions about the pre owned BEV being looked at 

And as they are m such heavier than ice vehicles iare more prone to hidden tyre damage

ChocolateTrees replied on 23/11/2022 18:06

Posted on 23/11/2022 17:41 by JVB66

The article gives buyers a very good platform of what to check and ask questions about the pre owned BEV being looked at 

And as they are m such heavier than ice vehicles iare more prone to hidden tyre damage

Posted on 23/11/2022 18:06

EVs are really no more prone to tyre damage than any other car of a similar weight. 

VW ID3 GWW 2270kg

Polestar 2 GVW 2,390 to 2,600 kg

Volvo V60 GVW 2240 kg to 2530kg

Yes a V60 is bigger than an ID3, but the tyres don't care. Use the right kit, it's not a problem. Thats not an Electric Vehicle thing, its just a vehicle thing. 

 

JVB66 replied on 23/11/2022 18:57

Posted on 23/11/2022 18:06 by ChocolateTrees

EVs are really no more prone to tyre damage than any other car of a similar weight. 

VW ID3 GWW 2270kg

Polestar 2 GVW 2,390 to 2,600 kg

Volvo V60 GVW 2240 kg to 2530kg

Yes a V60 is bigger than an ID3, but the tyres don't care. Use the right kit, it's not a problem. Thats not an Electric Vehicle thing, its just a vehicle thing. 

 

Posted on 23/11/2022 18:57

Tell that to the motoring correspondent at the cccundecided

ChocolateTrees replied on 23/11/2022 19:23

Posted on 23/11/2022 18:57 by JVB66

Tell that to the motoring correspondent at the cccundecided

Posted on 23/11/2022 19:23

Yeah - not calling you out JVB, it's just a daft thing to point out (by the CCC). Cars are heavy and getting heavier. The right equipment and parts has always been needed to run them correctly.

There was an article in the Express a few days ago saying that towing with an EV that was not designed for towing might damage its regenerative breaking system, and then went on to point out a bunch of EVs that were not suitable for towing, as well as some that are. The article should have said towing with any vehicle that is not type approved for towing might damage the vehicle (suspension, transmission, breaks, chassis etc). It picked on regenerative breaking because it's "unique" to EVs. Except its not and is embedded in all hybrids today - so almost all new ICE cars too!

These articles that point out "EV" issues that are simply nothing to do with EVs infuriate me. They are click bait at best, and anti-ev propaganda at worst, trying to offer some crumb of validity to the idea that EVs are flawed idea waiting to fail. It's utter rubbish. 

Robert replied on 17/12/2022 18:39

Posted on 17/12/2022 18:39

I suppose it one of them cases you love them or hate them 

Personally think we are being ripped off with price of EV they are about 8/10 £1000 dearer than ICE even tho there is no VAT on them put Vat on would you buy one???

Son-in-law has one was pleased with it to start with but  absolutely shocked at difference the freezing weather has reduced his available miles down to his is a BMW company car says if he had to buy a car would not be a EV  No he does not tow with it 

No I am not a fan of them still lot of work to be done 

JVB66 replied on 17/12/2022 19:00

Posted on 23/11/2022 19:23 by ChocolateTrees

Yeah - not calling you out JVB, it's just a daft thing to point out (by the CCC). Cars are heavy and getting heavier. The right equipment and parts has always been needed to run them correctly.

There was an article in the Express a few days ago saying that towing with an EV that was not designed for towing might damage its regenerative breaking system, and then went on to point out a bunch of EVs that were not suitable for towing, as well as some that are. The article should have said towing with any vehicle that is not type approved for towing might damage the vehicle (suspension, transmission, breaks, chassis etc). It picked on regenerative breaking because it's "unique" to EVs. Except its not and is embedded in all hybrids today - so almost all new ICE cars too!

These articles that point out "EV" issues that are simply nothing to do with EVs infuriate me. They are click bait at best, and anti-ev propaganda at worst, trying to offer some crumb of validity to the idea that EVs are flawed idea waiting to fail. It's utter rubbish. 

Posted on 17/12/2022 19:00

Have you read the rest of the article in the ccc magazine ref buying a used EV?laughing

ChocolateTrees replied on 17/12/2022 20:47

Posted on 17/12/2022 18:39 by Robert

I suppose it one of them cases you love them or hate them 

Personally think we are being ripped off with price of EV they are about 8/10 £1000 dearer than ICE even tho there is no VAT on them put Vat on would you buy one???

Son-in-law has one was pleased with it to start with but  absolutely shocked at difference the freezing weather has reduced his available miles down to his is a BMW company car says if he had to buy a car would not be a EV  No he does not tow with it 

No I am not a fan of them still lot of work to be done 

Posted on 17/12/2022 20:47

EVs do attract VAT…

Mine looses about 10% in poor weather, the same as an ICE does. 

ChocolateTrees replied on 17/12/2022 21:01

Posted on 17/12/2022 19:00 by JVB66

Have you read the rest of the article in the ccc magazine ref buying a used EV?laughing

Posted on 17/12/2022 21:01

No, not a CCC member, so have no access to it. 

Apart from “watch out that a used car has appropriate tyres that suit it” what else does it say?

“Check the brake disks and pads for corrosion because they are almost never used”, or “Listen for bearing and differential noise, because it’s about the only part of the transmission that could wear out”?

Just wondering… ;-) wink

 

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