by Suff » 03 Sep 2024, 11:38
Given that they massively increased taxes on the so called "luxury" vehicles, then set a "luxury" price just slightly over the top of just about every single EV, then decided to remove the VED exemption from 2025, not only are they going to not lose money on VED, they are going to gain.
So there is Zero justification for PPM for EV, even more so after 2025.
This is nothing more than control and a cash grab. They know that EV's already have the technology to enable PPM without any further cost and are going to abuse it.
Can't/won't tax people more on their pay, tax the driver. Of course you don't have to drive to get to work do you? Well not in the cities which is where most Labour votes come from.
Interestingly I was looking at a second car to keep here in the UK so I could leave my much newer car at home for Mrs S and fly. Which will reduce my stress even more dramatically and make things cheaper again to fly.
I found that certain vehicles at a certain age suddenly lost ALL Value. Like 300bhp Mercedes being sold for £800 or Audi A6 with near 300bhp and not too high mileage and in OK condition for £1,400.
Then I looked at the taxes. The Merc, well over £400. The Audi and a V6 Peugeot £700 per year. I've decided to buy a 2008 Peugeot with under 100k miles and the same power as my C4. £1,500 because it's a part ex they want to shift fast. But vehicle tax is only £120, even cheaper than my 2019 Euro 6 C4. Because the Euro 6 engine emits more CO2 because of the AdBlue it consumes to remove NOx.
VED is a tax scam, nothing more. If you can afford the vehicle they're going to hammer you for tax.
There are 10 types of people in the world:
Those who understand Binary and those who do not.