New cars to get four-year MOT holiday from 2017
Brand new cars will be exempt from the MOT for the first four years from 2017; that’s just one of the numerous automotive-related changes which were outlined during yesterday’s reveal of the Budget 2015.
Announced by the Chancellor of the Exchequer George Osbourne, the changes mean that those purchasing new models from approved-Ford dealerships in Hampshire, Dorset and other regions could be saving even more in the long run. The government believes that the increase of a single year of having no MOT could save UK motorists a combined £100 million a year.
Flat rate for 95% of vehicles
Another huge change will relate to the way in which Vehicle Excise Duty (VED) works. While vehicles will still be judged on CO2 emissions, only cars emitting 0kg/km CO2 will get the benefit of completely free road tax. There will now be a flat rate of £140 for all levels of emissions above this. In addition, anyone spending more than £40,000 on a new vehicle will have to pay an extra £310 per year on road tax. Vehicles registered before the new system is implemented in 2017 will remain on the current rate of VED.
When talking about the changes in VED, Mr Osbourne said: “Because so many new cars now fall into the low-carbon emission plans, by 2017 over three quarters of new cars will pay no VED at all in the first year.
“This isn’t sustainable and it isn’t fair. If you can afford a brand new car, including some of the most expensive models available, you can pay no VED. If you can only afford an older second-hand car you have to pay more tax.”
If you’re in the market for a new car and want to benefit from a reduced VED before the changes come into force in 2017, the array of new and used Ford cars for sale in Poole, Yeovil and other Southern regions from Foray Motor Group are sure to provide the perfect vehicle for your needs – browse our range online or pop in for a visit.
This content was written by Ben Edwards. Please feel free to visit my Google+ Profile to read more stories.