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Road Tax Drives Costs Up

road tax drives costs up
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Road Tax Drives Costs Up

We’re sure that most of you will have heard by now that the cost of Vehicle Excise Duty, or Road Tax being the term most are familiar with, has risen for most vehicles on the road. The only exemption is if the car is completely electric so even hybrid vehicles will be feeling a rise in outgoings.

 

With Vehicle Excise Duty rates are based on either engine size or fuel type and CO2 emissions, depending on when the vehicle was registered. Vehicles with a list price of more than £40,000 will have to pay an extra £310 a year if the car or motorhome with a ‘list price’ (the published price before any discounts).

 

Here at Short Term Leasing we like to keep competitive as best we can in order to bring you great Short Term Leasing car leasing deals. There are times however when even we can’t keep the great deals going and when Vehicle Excise Duty prices rise so do the outgoings for us as a company. Therefore, going forwards you’ll see a slight price rise to cover these costs, with the biggest impact hitting smaller vehicles such as the FIAT 500 and the Citroen C1’s.

 

Don’t let Vehicle Excise Duty put you off, we have some great deals on a short-term lease right across our wide range of cars. Give us a call today and speak to one of the Short Term Leasing team on 0330 330 9425 or complete the form below and we’ll be in touch as soon as we can.

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