Confusion Over Road Tax Changes From April

Tuesday, 13. February 2018

Hi, Graham Hill here, thank you so much for visiting my blog, I hope you learn a lot and as a result end up driving a great car. In order to do so you can get all the information you need by buying my book, An Insider Guide To Car Finance or use me to finance your next car. Happy driving.

Most brokers and dealers have been sending out quotes on cars for delivery after the end of March, when all the new Road Fund Licence and First Registration Fee changes come into force, having not been told that the increases have not been factored into all the quoting systems.

 

It would seem that a few funders have not yet updated their systems to include the changes, especially to diesel cars and those costing over £40,000.

 

This could end up with customers having to pay the difference between the old figure and the new one. Not an acceptable situation and one that is causing both dealers and brokers concern and potential problems with customers as they are told of the extra costs.

 

Like most, I’m seeking clarity, but in the meantime please be aware that if you are looking for delivery of your car beyond the end of March the rate will most definitely increase or you may have some money to pay to make up the difference when the road fund licence becomes due.

 

If possible take delivery of your next car before the end of March and avoid all the increases.  By Graham Hill

 

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