Purpose

I will try my best to provide detailed info on various cars and what is like to live with them, I have already produced a few for Jaguar-car-forums, I will do my best to be unbiased, but it will be hard for some cars. I will re-produce press releases and copy from other motoring news.
Showing posts with label costs. Show all posts
Showing posts with label costs. Show all posts

Monday, 5 June 2017

Vauxhall to offer £1000 contribution on insurance for younger drivers for the Corsa L.E.

  • Young drivers (18-24) can get a £1,000 insurance contribution when they buy a Corsa
  • Deal can be combined Vauxhall’s great finance offers for even greater affordability
Vauxhall is helping young drivers (aged 18-24) cover the initial cost of getting on the road, with a £1,000 (including VAT) insurance contribution when they buy a Corsa Limited Edition.
Young drivers can combine the insurance contribution with one of Vauxhall’s great finance offers, helping to make the cost of motoring more affordable. 
With a variety of competitive offers to choose from, including Personal Contract Payment plans, the Corsa is a fantastic option to get young drivers on the road.
The Corsa Limited Edition is ideally suited as a first car, with a host of features that make the model stand out from the crowd. 
On the outside, 17-inch black alloy wheels, front lower spoiler, side sills, VXR-style roof spoiler and a chrome-effect exhaust give the model an imposing road presence, while sports suspension and LED daytime running lights enhance performance and driver visibility.
Inside, the Corsa Limited Edition offers exceptional comfort and connectivity. Sports-style front seats, VX-Line interior pack (VX-Line leather covered flat-bottom steering wheel, VX-Line leather covered gear knob and handbrake lever), air conditioning and tinted rear windows give all occupants extra comfort. Vauxhall’s latest generation IntelliLink system with smartphone integration and audio streaming keeps the driver connected and able to change the journey playlist to suit, when it’s safe to do so.
“We are all aware of the high insurance premiums faced by young drivers, so to help young drivers get on the road Vauxhall has introduced a £1,000 insurance contribution programme,” said Leon Caruso, Vauxhall’s Retail Sales Director. “The Corsa Limited Edition is a great choice as a first or second car, with dynamic design features and superb connectivity, all backed up by excellent safety equipment.” 
The insurance contribution programme is available now for a limited time while stocks last, and is eligible on new Corsa Limited Edition models ordered and registered before 30th June 2017. Customers must be aged 18-24 and hold a full driving licence.

Monday, 18 January 2016

UK Survey reveals that an overwhelming 81% of UK Drivers want a return of the Tax Disc, I DO TOO.

An overwhelming majority of motorists want the DVLA to bring back the tax disc. In a recent poll conducted by Motoring.co.uk, the results revealed that 81% of motorists want to see the tax disc’s return – if these numbers run true across the UK, then a massive 35 million plus people (out of around 45 million eligible drivers) want the tax disc back on their windscreen.
Motorists want the tax disc back because they are falling fowl of the law by simply forgetting to tax their vehicles on time - Motoring.co.uk’s research also found a staggering 13.5 million motorists don’t know when their tax is due.

In September, Motoring.co.uk conducted research and found that 1 million motorists are driving around without a valid vehicle excise duty. Vehicle Excise Duty (VED) is the official name for the annual tax we habitually call Road Tax, a tax that was actually abolished in 1937.'
Removing the tax disc was, as the DVLA stated, ultimately part of a cost cutting exercise to reduce tax administration costs and burdens associated with vehicle tax, however, it seems that the DVLA may have miscalculated and could now be missing out on more revenue than ever before.
The DVLA stands to save around £7 million per annum from no longer producing, issuing and posting the tax disc, however, those figures looked to be skewed as Motoring.co.uk’s research has revealed that the DVLA could in fact be losing out on around £170m of revenue per year - with average VED costing £170 - far more than the saving accrued from the tax disc abolishment.
The DVLA refuted the results of the poll, with a spokesperson stating: “The vast majority of people tax their cars on time, with over 42 and a half million drivers taxing their vehicles since 1 October 2014“.
They continued: “We believe that the digital system is working well and that more than 29 million have chosen to tax their vehicles online or by phone. When vehicles are due to be taxed, we still send reminders, we send V11 reminders to all motorists except those who have chosen to pay by Direct Debit - they would receive a Direct Debit reminder. If motorists are driving without valid tax then they could be fined up to £1,000 and face having their vehicle impounded so it is paramount for them to make sure their vehicle is taxed on time.”
However, the DfT has since admitted that the number of vehicles without road tax - Vehicle Excise Duty (VED) – has doubled to 560,000 in the summer of 2015 according to the Department for Transport's survey
Digital savvy motorists are already taking advantage of the digital dashboard on the MyMotoring hub, which safely stores data but also acts as a guardian alerting the consumer to due dates for their vehicle’s service, MOT and tax.
Terry Hogan, Co-Founder and Director said, “With the lack of a physical tax disc, it seems large numbers of motorists are failing to renew their car tax -driving illegally and liable to fines”.
He continued: “We’ve been helping millions of motorists for the past eight years and understand that the every-day motorist struggles to keep on top of their ownership lifecycle. Our innovative MyMotoring hub allows users to easily log a few car details and sends out timely reminders when their road tax is due".

Tuesday, 21 July 2015

SMMT statement: Budget 2015 - added info with the bands and associated costs.

On the 8th July, the Chancellor announced a new vehicle excise duty (VED) banding system for cars registered on or after 1 April 2017. First year rates will vary according to the vehicle’s CO2 emissions. 
There will be a flat standard rate of £140 for all cars for subsequent years, except those emitting 0g/km of CO2, for which the standard rate will be £0. 
Cars, including zero-emission cars, with a list price above £40,000 will be subject to a £310-per-year supplement for the first five years in which the standard rate is paid.


Mike Hawes, SMMT Chief Executive, said, “We recognise the current VED system needs to be reformed and highlighted this in a recent report. The Chancellor’s Budget announcement on the regime came as a surprise and is of considerable concern. While we are pleased that zero-emission cars will, on the whole, remain exempt from VED, the new regime will be a disincentive to take up low emission vehicles. 
New technologies such as plug-in hybrid, the fastest growing ultra low emission vehicle segment, will not benefit from long-term VED incentive, threatening the ability of the UK and the UK automotive sector to meet ever stricter CO2 targets.
“The introduction of a surcharge on premium cars also risks undermining growth in UK manufacturing and exports. British-built premium cars are in increasing demand at home and globally, and the industry helps to support almost 800,000 jobs in the UK. Levelling a punitive tax on these vehicles will almost certainly impact domestic demand.”

New VED rates to apply to new cars registered on or after 1 April 2017


VED table

CURRENT RATES

New VED rates to apply to new cars registered on or after 1 April 2015