(02-03-2014, 08:49 AM)JJ0063 Wrote:(01-03-2014, 11:57 PM)Rippthrough Wrote: No, you're missing the point, I'm not even talking about having tax left on a car when the new system comes in, read what I bloody posted.
Of course it will affect you, as soon as this comes in, all used car prices will drop. If you sell your car at the beginning of the month, you lose out, because you ain't getting that month of tax money back, whereas before, you would have just advertised it with tax and it wouldn't have made any difference, you'd still get market value and wouldn't get shafted on a month of tax on a car you no longer own.
The DVLA gets a free month of tax every time someone sells a car near the beginning, which is bloody robbery tbh, pay online with an insurer and then cancel it and they're regulated to give you a refund to the day, yet the DVLA can just take a month of tax off you for a car someone else has also taxed....
Explain to me why used car prices will go down? They won't. There will be no reason why one used car is better than another due to tax, because no car will ever be sold with tax again. So the tax won't come in to any part of the value of a car.
They will....or at least, it'll change the type of car people buy.
I personally wouldn't buy a £500 306 without tax as you've then got another £225 to pay on top before you can even drive it...nearly half the value of the car!!
So I've always bought old cars with tax for that reason...the only exception was the Golf as the tax was so cheap.
Now to get people to buy the already fairly 'worthless' old cars, they're gonna have to drop at least £150 to cover 6 months tax, compared to having say 4 months left where they could keep that market value.
I see your point in that all cars will be equal, but that doesn't mean they'll keep the same value, it means they'll ALL drop value, except something like an Aygo where the tax is only £30 a year (or free for the latest ones!).
It's also a complete pain in the arse for selling cars. I've had to SORN the Vectra now due to the stupid tax/insurance rules. Now while the tax isn't hugely expensive for it, it's made life difficult for the new buyer...as if they collect on a Sunday or evening (when most people collect cars) they can't tax at the post office to drive home. Plus the post office isn't exactly a short walk away from here even if they come when it's open.