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

Discussion in 'The UK and Ireland' started by Buttybach, Oct 2, 2019.

  1. Buttybach

    Buttybach Member

    Joined:
    Sep 30, 2019
    Messages:
    33
    Location:
    Hampshire, Uk
    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?
     
  2. kevuwk

    kevuwk Member

    Joined:
    Aug 5, 2019
    Messages:
    329
    Location:
    UK
    All SR+ are over £40k and fall under the luxury car tax
     
    • Like x 1
  3. wickeruk

    wickeruk Member

    Joined:
    Aug 8, 2019
    Messages:
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    Location:
    Milton Keynes
    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
     
    • Helpful x 1
    • Like x 1
  4. Buttybach

    Buttybach Member

    Joined:
    Sep 30, 2019
    Messages:
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    Location:
    Hampshire, Uk
    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
     
  5. Buttybach

    Buttybach Member

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    Location:
    Hampshire, Uk
    Oh and that is before deducting the £3500...
     
  6. Rooster6655

    Rooster6655 Active Member

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    Location:
    UK
    Delivery is included you can check the gov site as they have a pdf
     
  7. anon37485

    anon37485 Closed

    Joined:
    Jul 18, 2019
    Messages:
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    Location:
    Earth
    It’s definitely included. All M3s are unfortunately hit with the ‘luxury’ tax.
     
    • Like x 2
  8. alanbyvale

    alanbyvale Member

    Joined:
    Aug 11, 2019
    Messages:
    53
    Location:
    Nottingham
    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.
     
  9. Buttybach

    Buttybach Member

    Joined:
    Sep 30, 2019
    Messages:
    33
    Location:
    Hampshire, Uk
    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.
     
  10. Roy W.

    Roy W. Battery running low...

    Joined:
    Jun 3, 2019
    Messages:
    2,200
    Location:
    Derby, UK
    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. ;)
     

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