RED Model 3 SR+, do I pay more UK Road Tax ?

[Buttybach]

Have I made a miscalculation in recently buying a red standard range plus? The £1900 price for the red paint seemed OK at the time as I love the colour, but, looking at the Vehicle Excise Duty it seems that after a free first year I will have to pay £310/yr because the list price is over £40k. In fact mine is £40,740 because of the red paint.

I haven't seen anything written about this so it could me just me misunderstanding things. If not then the red paint could turn out to be a very expensive option over the long term.

Can anyone put me right on this please?

 

[kevuwk]

All SR+ are over £40k and fall under the luxury car tax

 

[wickeruk]

Yeah you need to add back on that government grant of £3500, annoying isn't it

Hopefully the government will see sense and abolish the tax on EV's

 

[Buttybach]

If delivery is excluded I make it £39,990 for the base car inc VAT. I agree that if delivery is included then the colour does not matter.

Not sure if it is or isn't

 

[Buttybach]

If delivery is excluded I make it £39,990 for the base car inc VAT. I agree that if delivery is included then the colour does not matter.

Not sure if it is or isn't

Oh and that is before deducting the £3500...

 

[Rooster6655]

If delivery is excluded I make it £39,990 for the base car inc VAT. I agree that if delivery is included then the colour does not matter.

Not sure if it is or isn't

Delivery is included you can check the gov site as they have a pdf

 

[anon37485]

If delivery is excluded I make it £39,990 for the base car inc VAT. I agree that if delivery is included then the colour does not matter.

Not sure if it is or isn't

It’s definitely included. All M3s are unfortunately hit with the ‘luxury’ tax.

 

[alanbyvale]

Whilst I would love to not pay road tax I realise somebody has to pay taxes and as ICE cars diminish the revenue will go with it. Having said that I do think the luxury car tax bracket is set far too low now. I would be happy with a figure between £150 and £200 for the M3.

 

[Buttybach]

Thanks all for checking - I see now that delivery costs make it a non-issue. You have saved me from some buyer-angst as I don't like making miscalculations with my hard -earned.

 

[Roy W.]

Depending what you’re driving now (and may be paying VED) you’ll save that £310 in fuel savings over your first (very pleasurable) 2000 miles in the M3.