As you know, new rules will apply to Double-Cab Pick-Up Trucks from 1st April 2025 for corporation tax payers and from 6th April 2025 for income tax payers. This means drivers will face a significant increase in costs.
For Ford, the 2.0-litre diesel double-cab Rangers with CO2 emissions of 230g/km will now sit in the highest BIK tax bracket of 37%, with a BIK of around £22,200 a year; leading to a tax bill of £8,880 a year for a 40% taxpayer or £13,320 a year for a 60% taxpayer.
We know this sounds absurd BUT don't worry just yet; there is still time to benefit from the current tax rates before the changes are implemented!
So, if you purchase a New Double-Cab Ford Ranger before April 2025 you can retain current taxation rates until April 2029*.
Speak to our Commercial Teams about your requirements before time runs out:-
English Ford, Poole on 01202 715577
Yeovil Ford on 01935 404999
Alternatively fill in our form or click the button below and a member of our team will be in touch.
48 month Ford Lease with Balloon based on a New 2024 Ford Ranger Wildtrak Double-Cab2.0l 4WD 205ps Diesel Automatic
Advance Payment (12 monthly rentals) - £5,362.68 excl. VAT |
47 Regular Monthly Payments - £446.89 excl. VAT |
Balloon Payment - £19,395.00 excl. VAT |
Annual Mileage excl. 8,000 |
Ford Lease is provided by ALD Automotive Limited (ALD) trading as Ford Lease, Oakwood Drive, Emersons Green, Bristol, BS16 7LB. ALD Automotive Limited trading as Ford Lease, company registration number 00987418, is registered in England and Wales and is authorised and regulated by the Financial Conduct Authority (FRN.308101). Ford Lease is a product solution provided for Foray Motor Group by ALD and there is a commercial arrangement between Foray Motor Group and ALD as a result. You should be aware that Foray Motor Group is acting as a credit broker and not a Finance Provider, and that they may receive a payment for this activity should you wish to proceed with an agreement. Please ask Foray Motor Group for more information about any of this. You should carefully consider the suitability of any offer of finance before entering into any financial agreement.
* Vehicle must be purchased, leased or ordered before the implementation date (1st April 2025 for corporation tax payers and 6th April 2025 for income taxpayers). Current rules will apply until the disposal, lease expiry or 5th April 2029 – whichever comes sooner.
The corporate tax, personal tax and VAT treatment associated with the purchase or leasing of a commercial vehicle may vary depending on your precise circumstances, relevant tax law and vehicle classification. Customers are therefore advised to seek professional advice with regard to taxation.
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Edwards Ford, Telford Road, Churchfields
Salisbury, Wiltshire
SP2 7PF
Company Number: 617830
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