When did an ASTRA become a LUXURY CAR? | Luxury CAR TAX is a JOKE

แชร์
ฝัง
  • เผยแพร่เมื่อ 6 ก.ย. 2024
  • 📱 𝗦𝗼𝗰𝗶𝗮𝗹 𝗠𝗲𝗱𝗶𝗮 : linktr.ee/dnag
    ✅Auto Express Article www.autoexpres...
    Luxury CAR TAX is a JOKE | When did an ASTRA become a LUXURY CAR?
    #carnews #carnewsuk
    ----------------------------------------------------------------------------------------------------------------------
    🚗🚗 𝙈𝙔 𝙇𝙄𝙉𝙆𝙎 🚗🚗
    👨📱 𝗦𝗼𝗰𝗶𝗮𝗹 𝗠𝗲𝗱𝗶𝗮 : linktr.ee/dnag
    ☕☕ 𝗕𝘂𝘆 𝗠𝗲 𝗔 𝗖𝗼𝗳𝗳𝗲𝗲 : ko-fi.com/nota...
    👕🥤 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗠𝗲𝗿𝗰𝗵 : definitelynota...
    🌐💻 𝗪𝗲𝗯𝘀𝗶𝘁𝗲 : www.notaguru.c...
    📚😊 𝘽𝙐𝙔 𝙈𝙔 𝘽𝙊𝙊𝙆 𝙃𝙀𝙍𝙀 : amzn.to/3HMF9eH
    📱💻 𝘾𝙖𝙡𝙡 𝙈𝙚 : www.notaguru.c...
    ----------------------------------------------------------------------------------------------------------------------
    🔥🔥 𝘼𝙁𝙁𝙄𝙇𝙄𝘼𝙏𝙀 𝙇𝙄𝙉𝙆𝙎 🔥🔥
    ✅ 𝗟𝗲𝗮𝘀𝗲𝗟𝗼𝗰𝗼 : leaselo.co/not...
    ✅ 𝐀𝐋𝐀 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 : tinyurl.com/j4... (𝙐𝙨𝙚 𝙘𝙤𝙙𝙚 JIM10)
    ✅ 𝗔𝗺𝗮𝘇𝗼𝗻 : amzn.to/3dLVstT
    ✅ 𝗩𝗖𝗵𝗲𝗰𝗸 (𝗖𝗮𝗿 𝗛𝗶𝘀𝘁𝗼𝗿𝘆) : www.vcheck.uk/...
    ----------------------------------------------------------------------------------------------------------------------
    Important : This channel tries to deliver honest advice for real people. Remember that I am not a financial advisor or car finance professional and am therefore not qualified to give any kind of financial advice, views shown here are purely my own but you must make your own financial decisions. Always seek professional advice before entering a finance arrangement of any kind and seriously consider your financial position and the long-term affordability of any deal that you may enter into.
    All content is the property of NOT A GURU LTD unless otherwise stated. Re-use is strictly forbidden without prior written consent.
    𝙋𝙡𝙚𝙖𝙨𝙚 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 𝙨𝙪𝙗𝙨𝙘𝙧𝙞𝙗𝙚! ;)

ความคิดเห็น • 461

  • @DefinitelyNotAGuru
    @DefinitelyNotAGuru  หลายเดือนก่อน +1

    📱 𝗦𝗼𝗰𝗶𝗮𝗹 𝗠𝗲𝗱𝗶𝗮 : linktr.ee/dnag
    ✅Auto Express Article www.autoexpress.co.uk/luxury-car-tax-grab-2025

  • @JeffersonHumber
    @JeffersonHumber หลายเดือนก่อน +46

    The 40k level was set in 2017 and has never moved, it's like inflation doesn't exist.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      👍👍

    • @jimb7406
      @jimb7406 หลายเดือนก่อน +4

      It is insane but most people are ignorant about how fiscal drag works to the Govt advantage. If the first vehicle owner is a lease company the user won't see the VED element as it is hidden in the monthly payment. Then the 2nd owner will have to suck it up for a few years after they buy the car.

    • @omarhaynes1609
      @omarhaynes1609 หลายเดือนก่อน

      @@jimb7406 this is what ultimately put me off a 2021 330e and is the reason why it's unlikely that I'll purchase a 'luxury' vehicle in the future. There are some cars you don't want to own after 5 years and BMWs are one of them in my experience.

  • @ic2433
    @ic2433 หลายเดือนก่อน +47

    Luxury car tax, inheritance tax, inflation is supposed to be down but I see no evidence. The world is going mental 😭

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      👍

    • @TrickyTree84
      @TrickyTree84 หลายเดือนก่อน +3

      Tax wealth not earnings. Can't agree with you on inheritance tax

    • @ic2433
      @ic2433 หลายเดือนก่อน +10

      @@TrickyTree84 Not that I’ll ever get any inheritance, however the people have already paid tax on it, they should be able to give it to whoever they want.

    • @TrickyTree84
      @TrickyTree84 หลายเดือนก่อน

      @@ic2433 on massive amounts. We need to find a way of taxing more wealth, not earnings. It's not fair on working people.

    • @Hali88
      @Hali88 11 วันที่ผ่านมา

      ​@@TrickyTree84super wealth yes, not ordinary people's savings

  • @pincermovement72
    @pincermovement72 หลายเดือนก่อน +38

    I was going to buy a car a year or so old then found out about the £500 tax for cars that were over 40k , then I saw a Volvo xc60 brand new diesel hybrid reduced from 47k to 39k . I was going to buy it then found out it was £860 a year tax , looks like I will be sticking with my 2015 Rav 4 diesel at £150 a year . This is killing aspiration , killing the trade and it’s all because government have spent all the money, borrowed billions more and relentlessly look for extra tax revenue. Maybe they should stop giving our taxes away to anyone with their hand out home and abroad.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +6

      punishing success or aspiration is becoming the British Dream

    • @ISuperTed
      @ISuperTed หลายเดือนก่อน +1

      Unfortunately that wouldn’t have made any difference - discounts don’t matter it’s the RRP that HMRC use, including any options on the car.

    • @rjw4762
      @rjw4762 หลายเดือนก่อน

      @@ISuperTed Thanks for that. For starters I had NO IDEA about this tax on cars over £40,000 (having only ever spent £25,000 on a brand new one (back in 2015) - and now I learn that it's the RRP that matters ! SO that Nissan X-Trail I saw yesterday - demo - reduced from £44,000 to £37,000 will still attract the Tax, eh ??

    • @fullstack5461
      @fullstack5461 9 วันที่ผ่านมา

      Tax is based on the list price, not what it was sold for.

  • @user-cj2pr4rt1z
    @user-cj2pr4rt1z หลายเดือนก่อน +19

    I agree that £40,000 is too low now for that tax band it's like saying the stamp duty on a house is still £60,000 when the average cost of a house is now £300,000 or so.

  • @PJDesmo
    @PJDesmo หลายเดือนก่อน +25

    Like a lot of other taxes they are years behind the rises we have all seen in recent years but the government hopes we don’t notice these so they get more tax from us, they already have over £6.5 k of vat in a £40k car but still want more from us!

  • @derekthompson2795
    @derekthompson2795 หลายเดือนก่อน +12

    Totally agree Jim, the luxury car tax needs to be raised for all cars. I just paid £600 road tax for my mazda cx60d
    A nice car but not a luxury car🤯

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +4

      Nuts

    • @TrueSkyl1n3
      @TrueSkyl1n3 หลายเดือนก่อน +2

      I would say the CX-60 is a fairly luxurious car, if it were the CX-30 then I could understand but the former could definitely be considered ’luxury’

    • @chrishart8548
      @chrishart8548 หลายเดือนก่อน

      ​@@TrueSkyl1n3 it looks huge the cx-60

    • @chetkh
      @chetkh 6 วันที่ผ่านมา

      needs to be scrapped for all cars! completely bonkers idea.

  • @carlryan808
    @carlryan808 หลายเดือนก่อน +6

    It’s an absolute con, when you buy a new car you pay VAT so the more you spend the more tax you pay in VAT. That should be it, this luxury tax should not exist, it has no creditable basis including the usual favourite climate change basis. It’s easy money for the government and of course the threshold as with every other threshold will not be index linked!

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +2

      Think what that car has actually generated in tax, VAT, duties, tariffs, and that’s all after the income tax and NI you’ve paid on your earnings and savings to get the money to buy one in the first place.

  • @neilraine7397
    @neilraine7397 หลายเดือนก่อน +3

    People make the mistake of thinking tax is logical or to help growth. It is not. It is simply a mechanism to remove money from the proles and keep you in your box. Income tax has so many gotchas, the 40% rate, the 45% rate, the allowance taper at around 100k, IR35 etc. There are so many duties, taxes, levies, tariffs and even taxes applied to duties! A lot are essentially hidden so most people are oblivious to them. VAT was supposed to be a mechanism for taxing luxury but quickly became a tax for virtually everything except cold food, books and kids' clothes. Once implemented, the Establishment can tweak the rates and thresholds to hurt you more and more. Just think how much you pay in tax, beyond income tax - fuel duty, VAT, National Insurance, alcohol duty, ULEZ, car road fund licence, tobacco duty, tax on savings interest, council tax, environmental levy on your energy bill, stamp duty if you're buying property, Capital Gains Tax is you're selling assets etc... Taxation is a stark fact of life, it will never make sense, it isn't supposed to make sense, it is supposed to be complicated and obfuscate so that you don't know how much you are really paying, it enables someone else to spend your money for you, on things that you have no say in. Just wait until the new regime gets going with ramping up taxes even further...

  • @AntCooke
    @AntCooke หลายเดือนก่อน +9

    It's madness! We're not happy in our house (in the middle of our street).

  • @paul8251
    @paul8251 หลายเดือนก่อน +8

    Just ordered a hyundai tucson N line over the N line s because of this exact problem . N line s goes above the 40 grand RRP its an absolute joke mate.

  • @alanthomson1227
    @alanthomson1227 หลายเดือนก่อน +12

    Given Tory austerity over last 14 years a huge percentage of take of people can’t even think about paying £40k for a car .

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +3

      It’s still the price of a fairly average one nowadays.

    • @Brian-om2hh
      @Brian-om2hh หลายเดือนก่อน +1

      A new Ford Focus starts at £28k nowadays........

    • @chrishart8548
      @chrishart8548 หลายเดือนก่อน

      ​​@@Brian-om2hh I bet that's a really low spec one though.. electric cars such as a kia Niro are getting dangerously close to £40k

    • @kevinjones3900
      @kevinjones3900 หลายเดือนก่อน +1

      Rather buy an old car and spend the money modifying it. I pads on wheels not my thing.

    • @chrishart8548
      @chrishart8548 หลายเดือนก่อน

      @kevinjones3900 I have a 2011 car without a screen or sat nav I think the earlier cars with small screens have aged badly. Probably seemed top notch at the time but having a 4.5 inch screen that not even a touch screen is like texting on a 3210 Nokia.

  • @jasonshaw1628
    @jasonshaw1628 หลายเดือนก่อน +5

    Great content as always Jim. Sadly, and it pains me to say it, motorists will always be an easy target in terms of taxation- luxury car tax/annual road fund licence, VAT on car purchase/ parts/servicing, fuel duty, Insurance Premium Tax, congestion/clear air zones charges. I totally agree with you, there is no grant incentive to move to cleaner vehicles and the government need to address this otherwise people will keep their cars for longer periods which will reduce car sales. Have good weekend 👍

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      Exactly. You too mate 👍

    • @ghostinthemachine76
      @ghostinthemachine76 หลายเดือนก่อน

      The idea is to reduce car sales and destroy the car industry.

    • @Matty12333
      @Matty12333 หลายเดือนก่อน

      The higher VED tax puts me off buying a car from 2017 onwards

    • @garyclements154
      @garyclements154 12 วันที่ผ่านมา

      ​@@Matty123332017 cars won't attract it now

  • @granfersteve3815
    @granfersteve3815 หลายเดือนก่อน +2

    I'm imagining this will also affect company lease vehicles, as the luxury car tax has to be covered by the lease company as well. Meaning their lease deals go up and EV's disappear out of drivers allocation limits. Classic government disincentives along with removing the EV Car grant and the home charger grant !! All they are doing is ensuring Petrol & diesel vehicle's will be around for so much longer on the second hand market. Utter Madness

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      Lease prices will go up a bit for sure

  • @MrPeteJMc
    @MrPeteJMc หลายเดือนก่อน +3

    I own a 73 plate rav4 phev. Always plug it in and only put in £15 of petrol every 3 months. E-mpg is around 850 mpg. I'll have my first VED payment at the end of August and it will be close to £600. Very annoying for someone who is keen on less emissions. Love the car and the petrol saving off sets the slightly higher tax. However it's still unfair for ordinary car drivers.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      It's a nonesense accross the board but certainly seems like it's kicking those hoping to reduce emissions as instructed

  • @chrisohanians1145
    @chrisohanians1145 หลายเดือนก่อน +2

    100% agree Jim. They need to bring back incentives to help the industry. The new limiter requirements, high road tax and high insurance groups for electrics are completely counter productive for car sales.

  • @jonron4729
    @jonron4729 หลายเดือนก่อน +26

    This government is desperate for more money, so expect a lot more sneaky tax rises. Let’s face it the motorist has always been seen as an easy touch by all governments

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      Yes

    • @MrTpain1945
      @MrTpain1945 หลายเดือนก่อน

      Yep just look up Insurance premium tax

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      That’ll just be VAT before too long

    • @pdk60
      @pdk60 หลายเดือนก่อน +2

      Carrying on with what the last Labour government did with taxing everything possible!

    • @pdk60
      @pdk60 หลายเดือนก่อน

      @@michaelmcnally2331 My comment was mainly in reference to the increased tax burdens on people of the last Labour government, rather than just increasing income tax because of the uproar that would create, they seemingly just looked for anything else that wasn't taxed, and taxed that. The sad reality is, in 5 or 10 years time, Labour will be out, just as the Tories are this time, and for similar reasons.

  • @stuey2sovs
    @stuey2sovs หลายเดือนก่อน +3

    Take them on Jim! Become our Martin Lewis of motoring.

  • @MrEtonmess
    @MrEtonmess หลายเดือนก่อน +1

    Good level headed piece. Exposes government nonsense. Thanks for posting.

  • @saviomoniz6089
    @saviomoniz6089 หลายเดือนก่อน +2

    I think it only applies to new EVs registered after April 25. Existing EVs already registered and over £40k will pay the standard rate without the additional luxury car tax

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      That right, everyone else is paying it now though

    • @adamstockton67
      @adamstockton67 หลายเดือนก่อน

      Can you clarify this for me please. So if I buy a 2022 Tesla long range which had a list price of over £40,000 will I have to pay the expensive car tax on it next year??

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      @@adamstockton67 you wont

  • @jamiepicken1938
    @jamiepicken1938 หลายเดือนก่อน +3

    As this was a Conservative policy hopefully Labour review it and put a more realistic threshold on it but I’m not holding my breath!! If it doesn’t change watch the rush on EV sales pre 1st April 2025..

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      I doubt it 👍

    • @Captain_Scarlet_SIG
      @Captain_Scarlet_SIG หลายเดือนก่อน +1

      Labour hate cars that want them off the road you won’t see any reductions here.

  • @andrewmurphy4842
    @andrewmurphy4842 หลายเดือนก่อน +3

    Jim I am glad you did this video. My thoughts are it should be tiered. The 40k has not gone up for years. My E class convertible is celebrating its 6th Birthday this month. That’s £35 per month saving for me 🎉

  • @user-es2fn1ki4v
    @user-es2fn1ki4v หลายเดือนก่อน +3

    Another good video... enjoying the way you are taking your channel. Pip pip!

  • @DaveABerry
    @DaveABerry หลายเดือนก่อน +5

    Totally agree 👍

  • @MCJC96
    @MCJC96 หลายเดือนก่อน +3

    The threshold needs raising! Just like the 40% tax thresholds needs raising to circa 80/90k a year. 40k car is nothing these days.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      👍

    • @Matty12333
      @Matty12333 หลายเดือนก่อน

      Who can afford a £40k car? I suspect only the richest. Working class people don't earn that in a year

    • @MCJC96
      @MCJC96 หลายเดือนก่อน

      @@Matty12333 people just use finance and get stuck in a system where they can't get out of

  • @JamesPilgrim-ql2to
    @JamesPilgrim-ql2to หลายเดือนก่อน +1

    A very informative vid thank you. Like your other viewers I was going to change my 8 year old BMW diesel which had a £30 per year road tax. I began looking at similar cars and very quickly realised that if I changed I would be paying this extortionate new tax , so I’m sticking with my lovely old Beemer. 👍

  • @richardc5636
    @richardc5636 หลายเดือนก่อน +5

    If the Treasury are losing approx 50p / litre in tax if you convert to electric cars, which is about a 1/3rd of the price of a litre. The average spend on fuel is £220 / month so say £70 tax * 12 per year = £840 a year on tax. Electric - fuel at home @ 5% tax so say 16000 km @ 4.8 km/ kwh @ 7p is approx £120 tax. So difference is £840-£120 = £720 per year on tax take (approx). If you also consider road tax, the difference could be nearer £900/yr on ICE vs Electric. Maybe this was in the thinking? Maths is a bit rough, but that is a lot of money to raise elsewhere.

    • @Brian-om2hh
      @Brian-om2hh หลายเดือนก่อน

      This is where Road Pricing will come in......

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      Great ppint. They decided they wanted us all in EVs however and they're screwing us every which way you look and raking in a ton of extra VAT on the purchase prices of carsn not to mention incoming additional duties on Chinese cars - I feel like they're doing ok.

    • @brianforrester7707
      @brianforrester7707 หลายเดือนก่อน

      Fuel Duty is 52.95p / litre, but don't forget there's VAT on top as well. HMRC gets £25 billion Fuel Duty and an estimated £13 billion in VAT. So - where are they going to cut government spending or increase taxes somewhere elsewhere?

  • @michaelgilmore8821
    @michaelgilmore8821 12 วันที่ผ่านมา +1

    really needs to change, unbelievable than and astra falls into luxury car tax, one of the many cons from the government

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  12 วันที่ผ่านมา

      👍👍

    • @Hali88
      @Hali88 11 วันที่ผ่านมา

      But also, why the hell are Vauxhall selling an Astra, an ordinary family hatchback, for such a ridiculous price?

  • @garyclements154
    @garyclements154 12 วันที่ผ่านมา

    I would expect the pressure from Car Manufacturers will be getting very intense. I bought a ford Kuga PHEV 3 years ago as a stop gap, as the market was crazy, and it was a good dea. Wanted the Vignale, but the spec I wanted would be £400 over 40K, and meant over 2k for a towbar in tax!.
    Was going to upgrade to the new one, but although I can pay virtually the same money for tyhe car as I did 3 years ago for the old one, it has a list price of 45k! It's an average Ford!
    I'll just wait for salary sacrifice, or buy a 2nd hand Taycan or Audi GT, as I would pay the tax for something like that.
    I fully suspect that EVs and average family cars will decline in sales, for people sticking with their cars longer, or forcing dealers to give larger discounts to cover the cost

  • @richarddixon6354
    @richarddixon6354 หลายเดือนก่อน

    Great video but this luxury car tax is absolutely stupid but no government is going to change it with the amount of debt we have as a country.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      I feel that they need to tackle their ridiculous overspending and wastage of public money before asking for any more of it.

  • @user-ng9rd5gn8q
    @user-ng9rd5gn8q หลายเดือนก่อน

    Why should EV drivers be treated differently, when spending over £40K ?
    I have bought my cars new, for the past number of decades, and, they are mine - no finance etc.
    I am very aware of the luxury car tax, from years one to six, so, I have always looked at cars that are listed under the £40K with options, because the tax is very unfair.
    I think the reason, why we have the tax, is that most £40K plus cars are bought and run by companies, so having more tax to pay, doesn't really hurt. However, companies will claim back the tax, so really, it doesn't make sense.
    My biggest surprise was to see Alfa, having an OTR price for a new Giulia of £40,100 - Why????

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      Simply because the government is trying to push people into them. It’s like saying “you must all eat pie” then slamming the pie into your face when you try.
      The whole luxury car tax thing is a farce.

  • @richardpiper4828
    @richardpiper4828 หลายเดือนก่อน +1

    Let’s not forget the luxury car tax revenue will be on top of the standard VED which all EVs, regardless of price, will be subject to from April 2025. I get that the Govt’s finances are in a parlous state but I think a more sensible threshold for the luxury car supplement would be £50k to make for a like for like comparison with ICE vehicles. Also it seems crazy to me that fuel duty has been frozen for so many years when aren’t drivers supposed to be discouraged from buying petrol and diesel vehicles. These have become much more economical in recent times so fuelling costs have actually declined in real terms. Also a far more equitable means of raising tax from EV drivers would be to increase the BiK rates which hugely benefit business drivers over private drivers. So many mixed messages and completely incoherent “green” taxation policy.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      Bik rates are already going up

    • @richardpiper4828
      @richardpiper4828 หลายเดือนก่อน

      @@DefinitelyNotAGuru but in very small increments. I have nothing against company car driver - I used to be one - but the tax pendulum has swung back too far in favour of them to the detriment of the private user.

  • @davebuchanan8763
    @davebuchanan8763 หลายเดือนก่อน +1

    It’s like the 40% income tax threshold which has been frozen for years. When the government introduce such taxes a lot of people go along with it because they believe it won’t affect them. Fast forward a few short years and many more people are paying it. I’ve been paying 40% income tax since 2008. I refuse to pay the so called luxury car tax and certainly won’t be buying an EV.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +2

      Yep, it's a joke> I was unfortunate enough to fall into the 60% pseudo tax area in my old job. Not many know about that one. I was working 16 hour days at the time and my "success" was rewarded with a giant shafting

    • @davebuchanan8763
      @davebuchanan8763 หลายเดือนก่อน

      @@DefinitelyNotAGuru is that where you loose your personal allowance?

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      It is

  • @andyking576
    @andyking576 หลายเดือนก่อน +1

    Another thing to factor in when you are considering lease Vs PCP

  • @user-uk6im1or3w
    @user-uk6im1or3w หลายเดือนก่อน

    The official name is expensive car tax, not luxury. That's just a media term to rile people. However, your point is still valid, seeing as so many cars now come in that bracket.

  • @mikadavies660
    @mikadavies660 หลายเดือนก่อน +7

    Even more reason to look for a great leasing deal. You can't stop the Government from screwing you. So save where you can.

  • @kalebdaark100
    @kalebdaark100 13 วันที่ผ่านมา

    Just did a simple autotrader search for new EVs costing £40k+ sorted for price.
    First on the list MINI electric Cooper and it was discounted.🤣
    After that the next 5 were:
    ARIYA
    MINI
    ID.3
    Kia EV3
    E-2008
    All well known as luxury cars I'm sure you'd agree. I on page 7 of the results before I got to the 'Luxury' of a Tesla M3. Page 27 before I got to a BMW iX1.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  13 วันที่ผ่านมา

      Yep. Plenty of ICE “average” cars over £40k too - it’s daft

  • @johntheoldmod
    @johntheoldmod หลายเดือนก่อน +2

    Punishing people for what they asked essentialy ! exactly what they did when they convinced people who would never have considered buying a diesel that they were doing the right thing and then calling them mass murderers and persecuting them.

  • @rocket3man
    @rocket3man หลายเดือนก่อน

    The last time I specified an Astra 4 years ago it came to £27,000. Which I considered a luxury and did not buy!

  • @user-tx4ib9ue1x
    @user-tx4ib9ue1x หลายเดือนก่อน +1

    The “ Luxury “ car tax was always a fiddle. You could buy a car whose basic price was £39500 and the add say metallic paint at £700 making it eligible for The extra tax. Does the paint colour turn the car into a Luxury vehicle? I think not. And that was 7 years ago. Never any allowances for routine price increases. What “Luxury car could you get for £40000 anyway in 2017 let alone 2024? Crooks the lot of them.

  • @MattyThomas86
    @MattyThomas86 หลายเดือนก่อน

    It’s definitely having a baring on my next choice, most cars I’ve been looking are priced at 40-49k mark , so current I have only 1 option that’s 39k but that’s making compromises I don’t want, and I wouldn’t call them luxury cars

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      If you only keep your cars 2/3/4 years then consider leasing. If lease a car it’s factored into the lease pricing so effectively means you pay what you see.

  • @TheMase60
    @TheMase60 หลายเดือนก่อน +1

    Completely agree definitely needs to be increased on all cars not just EVs to allow for inflation. I know the government is skint but this isn't the way to go about it.

  • @ammaraihaan
    @ammaraihaan หลายเดือนก่อน +1

    Jim, looking for some advice. When does a new car get registered? Is it when it is ordered or when they receive the delivery?
    Reason for the question, im looking for to PCP the Model Y as its on 0% APR, but my current lease doesnt expire until May.
    I dont mind owning two cars for a few months if it means bypassing the £40k tax on new cars post 1st April.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      Usually the day of you taking delivery of the car if not the day before.

  • @garrycroft4215
    @garrycroft4215 หลายเดือนก่อน +1

    Only if you buy a luxury car from April 1st. 2025 so buy one on March 31st and just pay £0 for the first year and then £190 the same as an equivalent petrol car.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      Yeah this is not just on EVs, it’s an equal opportunities shafting.

  • @theun-personing5674
    @theun-personing5674 หลายเดือนก่อน

    Some of the older vehicles like a 2006 Lexus is 250 is £750 per year to tax. It's disgusting really.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +1

      It puts great serviceable cars on the scrap heap early far too often

    • @Matty12333
      @Matty12333 หลายเดือนก่อน +1

      I used to have a 2005 passat, great car and economical but the road tax was increasing to silly levels every year

  • @user-mt9bo2lv8r
    @user-mt9bo2lv8r หลายเดือนก่อน +1

    I think all the VED rates need looking at, how can a diesel of a certain age only pay £30 and an ev is to pay £190.
    It would mean a new EV over £40k is going to cost the owner £600 year in VED - bonkers, not exactly encouraging people to sign up for one.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      Yes

    • @Matty12333
      @Matty12333 หลายเดือนก่อน

      I knew somebody who forgot to renew road tax, they drove for a year without being stopped by police

  • @davidlloyd498
    @davidlloyd498 หลายเดือนก่อน +3

    100% correct.

  • @Matty12333
    @Matty12333 หลายเดือนก่อน

    Road tax VED rates of £190 is far too expensive. Imagine driving the same model, but a year earlier than 2017 and paying £20 a year tax

  • @ianbrougham7607
    @ianbrougham7607 หลายเดือนก่อน

    Totally agree - just negotiated with the mini dealer a new countryman under 40k to avoid the extra costs

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน +3

      It’s on the list price though mate

  • @glengosling5636
    @glengosling5636 หลายเดือนก่อน +1

    Jim , you’re doing a great customer service vlog.😊

  • @MinskUK
    @MinskUK หลายเดือนก่อน +1

    It’s not even a desirable car. Like many taxes, this shouldn’t even exist

  • @SimT8
    @SimT8 หลายเดือนก่อน

    Nothing to do with going green it's all about generating taxes. When majority have electric cars it will be £1 a KW to charge.

  • @clivegeary4587
    @clivegeary4587 หลายเดือนก่อน

    My wife went to change her Toyota but found the price for the car is now over £40k (£43K) so is liable for the super road tax rate. For a hybrid Toyota. So will now not being buying a car. But...... what the manufacturers could do is cut their list prices.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      But that £43k car probably has a good £11-13k of tax in it already and is a fraction of the price in other markets so why should they really.
      A BYD Dolphin is £11k in China.

  • @mrpetehampson
    @mrpetehampson หลายเดือนก่อน

    My brand new Honda ZRV sport cost me £33k and I have to pay luxury car tax on it as list price is above luxury car tax, the total amount repayable with interest in £39k, it’s a joke

  • @dregstore
    @dregstore หลายเดือนก่อน +1

    Luxury car tax threashold should be 80k today. It was brought in before car prices doubled (due to inflation)

  • @chriswatson9700
    @chriswatson9700 5 วันที่ผ่านมา

    I don’t think the EV luxury tax will be retrospective, so anything registered upto end March 25 will be exempt?

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  5 วันที่ผ่านมา

      Currently...with a gloomy budget looming

  • @mrgee918
    @mrgee918 หลายเดือนก่อน

    This has been around for years. Though what I didn't know is that the tax will last up to the 6th year of the car.
    Question, does that mean if you but a 2 year old second hand ev you that was over 40k originally, you will be paying luxury tax for it? If so, that's terrible. Lastly, they've put tarrifs on ev cars which would push most into luxury car territory. So much for going green and saving the planet.
    Keep up the good work.

  • @johndoyle4723
    @johndoyle4723 หลายเดือนก่อน +1

    thanks, yes the start level needs to be increased, but of course it won't, fiscal drag is the governments not so secret weapon, they do not need to announce any changes, just let wages and prices increase above the target level and drag people into the higher tax level.
    Both Lab and Con have used this.

  • @pillred5974
    @pillred5974 หลายเดือนก่อน

    They may cost £25 000 a year later but the original RRP will determine the price you pay in VED.

  • @robsmith1a
    @robsmith1a หลายเดือนก่อน

    The discounts available on things like electric Astras suggests a lower list price should be easily achievable.

  • @EnglishCad
    @EnglishCad หลายเดือนก่อน +1

    Cars are seen as a luxury by government and local government. Those that drive them are seen as cash cows, isn't that right Mr Khan? That is where we are now at in 2024 Britain.

  • @harrybartlett4020
    @harrybartlett4020 หลายเดือนก่อน

    If are government we're genuinely interested in us converting to electric this needs to change.

  • @darylhaines7397
    @darylhaines7397 หลายเดือนก่อน

    I saw this kind of taxation coming as soon as we were all told how wonderful EVs would be by the Government. How would they replace all the duty lost from road tax and petrol? It's not rocket science to realise they would need to replace the lost duty. This is the cost of saving the Earth! I am sure China, India, Russia etc are all doing their bit too😅

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      it's not just on EVs pal, it's on any car over £40k (which is a hell of a lot of them).

  • @FactsnotFiction555
    @FactsnotFiction555 หลายเดือนก่อน

    Taking inflation into account since its introduction, the luxury car tax threshold should be currently set at £51k, so least raise it to that.
    As for EVs, as I understand it, only cars registered on or after 1st April 2025 will have to pay the LCT, it will not be applied retrospectively, so expect a rush on sales between now and then to avoid it.

  • @AGTC009
    @AGTC009 หลายเดือนก่อน

    They should be taxing cars that are nearer to £90k & over ..the likes of Bentley,Rollers,Porsche, Ferrari,Lambo's & Astons & triple the tax for 5 years !!

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      They already do though, think of the VAT and duties already on a £200k car.

  • @TrueSkyl1n3
    @TrueSkyl1n3 หลายเดือนก่อน

    I think boundaries need to be set on what is considered “luxury”, obviously a Bentayga or a Cullinan are climbing the summit of luxury but then again an Audi A5 could be considered ‘luxury’ too.

  • @davidlang3625
    @davidlang3625 หลายเดือนก่อน

    I agree that a £40K list price does not buy a luxury car these days and is therefore an unfair tax. However, this can be looked as two ways. If manufacturers reduce their list prices nearer to the real discounted prices then this problem dissipates.
    Unfortunately I cannot see that the government will reduce the tax any time soon due to strain on the public purse and the motorist being an easy target. Meanwhile manufacturers wont want to reduce list prices due to a further negative effect on residual prices (witness the outcry by Tesla owners when they reduced prices). So we are stuck.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      Remember that in excess of 25% of that list price is tax already!

    • @davidlang3625
      @davidlang3625 หลายเดือนก่อน +1

      @@DefinitelyNotAGuru Agreed. And that's on top of the tax we already pay through our salaries to enable us to buy anything. PAYE tax, employee NI tax and the employer pays further NI on top of that plus corporation tax on any business profits made. Then fuel tax and proposed pay per mile road tax to capture electric vehicles.
      Ever wonder where all that money goes when the public services are on their knees?

  • @doublej3313
    @doublej3313 หลายเดือนก่อน

    TAX TAX TAX TAX TAX this country needs a better leader it’s a joke tax on top of tax FFS REALLY 🤬🤬🤬🤬it’s getting to the point where anything in this country is a luxury

  • @ML-qk1px
    @ML-qk1px หลายเดือนก่อน

    Fiscal drag in the car world. I’m a victim of this. Even though i managed to get a huge discount on my car (making it £7k below this “luxury” car point), the original MRP is used, so I pay the extra tax.

  • @briangriffiths1285
    @briangriffiths1285 หลายเดือนก่อน +2

    The jury is back in the room with electric cars, they do have a long life and battery degradation isn't too significant. Yes there are some real bargains given the running costs are so low. MG servicing is less than £100 a year over the first 5 years. Tyre wear seems low too.

  • @BJ_MBA
    @BJ_MBA หลายเดือนก่อน

    The tax was introduced by the previous Government. The new Government have chosen to keep it.

  • @simonhodgetts6530
    @simonhodgetts6530 หลายเดือนก่อน

    It’s not that the Astra became a luxury, more that owning any car has become a luxury.

  • @richardsmith579
    @richardsmith579 หลายเดือนก่อน +1

    It’s very intuitive. They want our money and they don’t care where it comes from.

  • @lesleywillis6177
    @lesleywillis6177 หลายเดือนก่อน +1

    Think about capital gains tax. Your asset has not gone up in value, the value of the currency has gone down due to inflation. Yet you still pay tax on your “gains”. They are taxing inflation itself!

  • @beano6452
    @beano6452 หลายเดือนก่อน +2

    And raise the income tax thresholds as well please. £50k salary is not very much these days. And, to go one step further, abolish or cut VAT on public charging. The whole system is a wind up.

  • @shieldaigbencher
    @shieldaigbencher หลายเดือนก่อน +1

    My 2020 Audi A4 diesel with 60,000 miles on it is hit with the luxury ved for another two years. By which time it will probably be worth £10k or less. Rip off.

  • @peternickols2687
    @peternickols2687 หลายเดือนก่อน +1

    This tax is one of the reasons I just bought an EV, this is typical of governments to get people buying what they want you to buy and then punishing you for it. I bet they won’t reverse it, but it will damage EV sales. Lunacy. If they no doubt do keep it they should raise the threshold hold by at least 50%.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      Utter scrotes!

    • @Jimmyd93502
      @Jimmyd93502 หลายเดือนก่อน

      The only lunacy is allowing the government to incentivise you to do one thing, for them to then pull the rug from underneath you when it's too late. If you agreed a price for a trades person to come round to do some work to your house and halfway through the job they told you its going to be more on the basis of "just because", you'd tell hem to get stuffed. So why do we continually allow the government to do the same?

  • @mikejoseph425
    @mikejoseph425 หลายเดือนก่อน +1

    Buy a Toyota C-HR Hybrid under £40k or Plug in Hybrid over £40k, so in an attempt to be more socially responsible you get punished. Only an MP or Civil servant could think of this 😂

  • @josephoshiotse2341
    @josephoshiotse2341 หลายเดือนก่อน +1

    Does this apply if you lease a brand new car?

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      It’s factored into the lease price you see advertised. Nothing extra for you to pay as you don’t own the car 🙌

  • @trickydicky90
    @trickydicky90 หลายเดือนก่อน

    I've been paying that lux car tax for the last half a decade. I don't mind as I have a nice car, but unless it keeps pace with inflation, it's crazy to think a Ford escort will soon be in that bracket. A lot of people will get very displeased with this. At the mo, only a few notice it, but in 10 years, it will hit everyone and will come as huge shock.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      👍

    • @Matty12333
      @Matty12333 หลายเดือนก่อน

      I think eventually all ICE cars will have to pay extortionate road tax rates, especially perhaps when electric cars become the norm

  • @serraios1989
    @serraios1989 หลายเดือนก่อน

    Insanity is the Astra being sold for £41K

  • @Aubury
    @Aubury หลายเดือนก่อน

    The 1.6 billion overcharging on fuel prices for ICE users by oil companies, seems to have passed by unnoticed.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      Not noticed on this channel mate??? it’s frequently in my news videos

    • @midlandgeordie
      @midlandgeordie หลายเดือนก่อน

      👍👍👍

  • @GeeDeeJayM
    @GeeDeeJayM หลายเดือนก่อน +1

    Disgraceful Jim, however not surprising at all sadly, gov just out to extract as much as poss out the motorist.

  • @jfro5867
    @jfro5867 หลายเดือนก่อน

    The whole EV thing is a racket, my ten year old turbo diesel Astra estate is deffo a workhorse and I love it, no plans to ever sell it 👍

  • @richardbristow4733
    @richardbristow4733 หลายเดือนก่อน +2

    Quite right👍👍👍

  • @flapper111uk
    @flapper111uk หลายเดือนก่อน

    Just dont buy any cars over a tax bracket. Dealers wull have to drop prices or lose sales

  • @mda5003
    @mda5003 หลายเดือนก่อน

    The simple solution would be to base the luxury tax on the price you pay and not on its list price the day it is registered. That way you'd get Dealers competing to lower the price of a some £40k+ cars to just below £40,000 to get the sale.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      👌 still, why no inflation on that 40k which was set years ago, and dont forget the circa 25% tax we're already paying on a new car (and the tax on the income we earned to buy it in the first place)

    • @mda5003
      @mda5003 หลายเดือนก่อน

      @@DefinitelyNotAGuru Indeed, the £40k threshold should be raised but I can't see the Labour Govt changing that.

  • @br164
    @br164 หลายเดือนก่อน

    Thing that pisses me off is when people say “well if you can afford to spend 40k on a car, you can afford the extra tax”. I’m not handing over 40k dimwit, I’m most likely paying £300 a month for it on some form of finance

  • @chrisduffill5248
    @chrisduffill5248 หลายเดือนก่อน

    We will have to wait for labours tax grab, reckoned to put per mile taxation regardless of electric or ice prices ….. easy to do each service or MOT has the mileage one has done ……this will be a better way let’s see if they do it. Ice cars could be 1 p per mile elec cars 75p job done….

  • @dild0gagginz955
    @dild0gagginz955 หลายเดือนก่อน

    This applies to second hand cars too so even if you purchase the car at half value you have to pay it

  • @iandougall7169
    @iandougall7169 หลายเดือนก่อน

    In the very near future our masters will consider all cars to be luxuries, along with many other things

  • @christopherbradshaw2616
    @christopherbradshaw2616 หลายเดือนก่อน

    Absolutely agree. I will no longer buy new cars. In fact, I have just got an old BMW 3.0.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      👍 and that’s what will happen, these taxes stop growth

  • @zzebedee1419
    @zzebedee1419 หลายเดือนก่อน

    Let’s just remember that this was put in place by the last lot, not the new guys.
    This is 100% a TORY policy, which explains why it’s punishing regular folks and makes no sense. Hopefully labour will raise the bar a bit.
    even 8 years ago when my current kuga rolled off the production line it wouldn’t have been far off the luxury car take line.
    Insanity.

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      So Labour will immediately withdraw it will they? Probably not.
      Politicians serve themselves, not us, regardless of their colours.

  • @stuartkennedy4202
    @stuartkennedy4202 หลายเดือนก่อน

    The over £40k penalty tax should be increased to £60k minimum. Not sure if the luxury tax is this £40k + tax as there are new taxes coming out all the time.

  • @Pete.Ty1
    @Pete.Ty1 หลายเดือนก่อน +1

    👍👍👍. Thanks Jim

  • @garymc3519
    @garymc3519 หลายเดือนก่อน

    They get you to sign up then hit your wallet once you're committed.
    They're coming after EVs big time, pay per mile, London abolishing the EV discount for the congestion charge then this.
    Might as well stay with the old diesel.

  • @jockster5525
    @jockster5525 หลายเดือนก่อน +3

    Lobby the labour government to cut tax lol ... excuse me! I'll do the jokes Jim 😮😅

    • @DefinitelyNotAGuru
      @DefinitelyNotAGuru  หลายเดือนก่อน

      😁👍👍

    • @midlandgeordie
      @midlandgeordie หลายเดือนก่อน

      20 billion defeecit,quite a bit went to rich donors!

  • @leonmorley9091
    @leonmorley9091 หลายเดือนก่อน

    Only EVs registered after 1st April 2025 are eligible for the luxury car tax. Anything registered before will be exempt.

  • @BenWharfe-vr1pn
    @BenWharfe-vr1pn หลายเดือนก่อน

    Tax tax tax tax… no thanks . I refuse to be ripped off . I put it in my early retirement fund. I will stick with my 07 Pug till the wheels fall off🖕🏻

  • @stevewest131
    @stevewest131 หลายเดือนก่อน

    It's fair that EV owners contribute to road tax but it shouldn't be one size fits all as we go through the transition to electric. Start with the full fat road tax and discount by emissions... 80% for zero emissions, 60% for plug-in hybrids, 50% for hybrids, 25% for low emission piston cars and 0% for antique ICE cars.
    If they go ahead with the current road tax plans it sends out the wrong message, it's counterlogical for the drive for clean air