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Old 6th August 2019, 20:11   #1
Mogodon
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Default VED rates.

Just had my VED reminder through for the end of the month for the ZT, and for the third year in a row it has gone up £10 and is now £300.

Is it now policy for the VED on our cars to go up like this every year as OH is saying its getting to expensive for the miles it does and I could replace it with a smaller, manual (which adds £100 over the manual) and petrol and easily cut the VED in half.

It's a lot, and I'm now struggling to justify paying this, and looking like more every year and "it's fun, a British classic, iconic" don't cut it with someone to whom a car is just a bit of metal to get you from A to B.
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Old 6th August 2019, 21:07   #2
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One £300 repair bill for the "new" car and there is your saving gone.
Better the devil you know.



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Old 6th August 2019, 22:09   #3
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Quote:
Originally Posted by Blackrose View Post
One £300 repair bill for the "new" car and there is your saving gone.
From what I have seen recently with friends with newish cars £300 wont even cover the labour cost. A mate with an Audi had a £1800 bill to get his 4 year old car through its MOT, emissions and new brakes were the biggest part.( yes it is a diesel )
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Old 7th August 2019, 06:58   #4
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The gradual increase of ved rates is deliberate to rid the roads of older cars. The powers that be want to continue to prop up the failing car industry with other gems such as congestion charges linked to emissions, and slowing increasing ethanol fuel to properly finish off cars manufactured more than 15-20 years ago.

With a car that is expensive to run, park outside your house or use to drive into a city we will be ‘forced’ to buy newer models, thus provide an ongoing stream of customers for the over production of new cars.

3 of my classic minis became tax free in the last 2 year since turning 40 years old, good job really as I’ve just bought my first Rover 75, a May 2002 Connie SE v6 with ved at £325, which wipes out the savings from the minis!
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Old 7th August 2019, 07:57   #5
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3 of my classic minis became tax free in the last 2 year since turning 40 years old,
Is this the key to future classic car motoring? what was your dream car of 1980? No MOT costs and no VED. insurance can be had for under £100...
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Old 7th August 2019, 08:21   #6
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Its not just our tax going up though, they're hiking it all. My mate has a hybrid. Cost nothing to tax when she got it, but they have slapped a tax on it now. Not large, granted, but the point is they are money grabbing simple as. No matter what you buy, eventually they will find a way to tax it.
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Old 7th August 2019, 15:30   #7
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Quote:
Originally Posted by Blackrose View Post
One £300 repair bill for the "new" car and there is your saving gone.
Better the devil you know.



Blackrose
And £10 gets you access to here which saves a fortune!!

I agree the VED system is crazy - but when I compare the running costs of my cdti ZTT manual to more modern cars - I basically put up with it.

The car is also more fun than any modern eurobox
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Old 7th August 2019, 17:40   #8
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Just taxed my 308. Cost = zero, such a nice feeling after a working life of paying out loads. Cue the eurobox insults....
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Old 7th August 2019, 17:59   #9
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Originally Posted by breakfastinsmethwick View Post
Just taxed my 308. Cost = zero, such a nice feeling after a working life of paying out loads. Cue the eurobox insults....
No insults but the factor some of us overlook it that most who run an MGR benefit from the fact that there's arguably no (more) depreciation. The best ones go up in value and the rubbish ones are worth little to anyone but their owners.

My wife's car is a Citroen Cactus. Bought it at one year and 8,000 miles old for £9k. The car came with the original bill of sale for £18k. I felt sorry for the original owner - ouch. Probably losing £1k a year now until it reaches £3k.
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Old 7th August 2019, 08:53   #10
MSS
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Quote:
Originally Posted by Mogodon View Post
Just had my VED reminder through for the end of the month for the ZT, and for the third year in a row it has gone up £10 and is now £300.

Is it now policy for the VED on our cars to go up like this every year as OH is saying its getting to expensive for the miles it does and I could replace it with a smaller, manual (which adds £100 over the manual) and petrol and easily cut the VED in half.

It's a lot, and I'm now struggling to justify paying this, and looking like more every year and "it's fun, a British classic, iconic" don't cut it with someone to whom a car is just a bit of metal to get you from A to B.

Taxes have to increase in line with costs and will always do so.

The answer to your predicament might lie elsewhere. Is the cost of keeping the wife net positive or negative? Does she put a smile on your face in the same way as the Rover?.....
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