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Survey shows new showroom tax will impact on car sales

Over 90% of motorists would think twice about buying a new car because of the forthcoming ‘Showroom Tax’ according to a new poll by Motorpoint.

The survey of over 1,000 people found 93% have been put off choosing a new car because of the one-off vehicle excise duty (VED) payment.

From April 1, new car owners will be subject to a one-off first-year charge on top of their usual VED.

Based on a car’s C02 emission, it could add anything between £70 and £515 to the cost of taxing a vehicle.
 

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