BEAT THE INCREASE
Did you know that you could save up to £1,285 if you purchase and register a new Toyota before 1st April 2020? At Hendy, we are dedicated to helping you find your perfect vehicle, at the best possible price, which is why we wanted to alert you to the potential tax increase.
From 1st April 2020, the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) will come into play for all new vehicles. This is a more accurate way of measuring vehicles' official fuel consumption, range and CO2 emissions, giving a truer reflection of real driving conditions. Because the test is more stringent, the results are more realistic, and this could mean an increase in road tax for your new Toyota. This change takes effect from 1st April for VED (Vehicle Excise Duty or Road Tax) and 6th April for Benefit in Kind on Company Car Tax.
While this could be seen as a bump in the road, as choosing a new car from April 2020 will result in an increased tax when compared with an identical model purchased earlier, it does present you with an opportunity to save now. So, if you're considering buying a new Toyota, doing so before 1st April 2020 could save you from £40 to £1,285 on the range of Toyota models, with a selection of models being unaffected by the changes. Contact your local Hendy Toyota to get behind the wheel today and beat the VED increase!
So if you're considering buying a new Toyota, doing so before 1st April 2020 could save you up to £1,285.
If you would like to discuss this further, please contact your local Hendy Toyota today.