Road tax band U-turn

[Micman]

Good news. It looks likely the government are likely to do a U-turn on the new road tax bands due to be introduced in 2009.

Reckon it could be postponed for at least another 12 months.

Just one of many news stories...
http://www.parkers.co.uk/news/Road-tax/Road-Tax-U-Turn-/

 

[television]

Yes good news for all concerned means that I can buy a few more SAM's for my car

 

[dragon]

Hurray. When will they talk about the pre-budget, this Thur or next week?

Just finished watching PM's question time every Wed at 12 noon when parliament in session.

One commented what the meaning of tax cut? Abolishing 10% rate to raise the tax rate to 22% followed by tax cut. It another typical give you a tax cut from one hand and taking it from the other hand!

 

[truthfindergeneral]

A deferral is NOT a U turn. Leaving it for a year then whacking it up right in the midst of the recession is going to be even worse for many families. My 04 plate ML270 has fallen in value from the £14,000 I paid in April to around £5,000 trade in now and thats if I could persuade any one to take it. Worse car purchase I have ever made in 32 years of motoring.

 

[dragon]

..........................................................

Mr Darling is also expected to postpone sweeping changes to vehicle excise duty next year that would see the cost of a tax disc soar for many family cars, especially older ones.

The Prime Minister is expected to put off a decision on the date of the Pre-Budget Report until after this weekend's summit of industrialised nations in Washington, in the hope of co-ordinating action with other countries.

http://www.dailymail.co.uk/news/art...-economy-recovers-warns-Cabinet-minister.html

Daily Mail

 

[rovingHawk]

Hopefully the deferral is a face-saving version of a u-turn; when it's forgotten it will be cancelled.

RH

 

[dragon]

A deferral is NOT a U turn. Leaving it for a year then whacking it up right in the midst of the recession is going to be even worse for many families. My 04 plate ML270 has fallen in value from the £14,000 I paid in April to around £5,000 trade in now and thats if I could persuade any one to take it. Worse car purchase I have ever made in 32 years of motoring.

You are lucky to get £5K, some had no value and car dealers are refusing to take it as part exchange.

 

[psmart]

My 04 plate ML270 has fallen in value from the £14,000 I paid in April to around £5,000 trade in now and thats if I could persuade any one to take it. Worse car purchase I have ever made in 32 years of motoring.

It is only when you have to realise the asset is its current market value meaningful. ie. if the U-turn comes into effect and oil stabilises, the desire for a 4x4 will increase again, thereby restoring your cars value and saleability. It all depends on how long you want to keep the car, until then, enjoy a really great car

 

[television]

As said here, the prices may be down right now but that cannot last, my car has dropped some £15k sinse I bought it 2½ years ago,,but I am not selling,,if I was the what ever I bought would be prorata, same as the housing market really

 

[dragon]

It is only when you have to realise the asset is its current market value meaningful. ie. if the U-turn comes into effect and oil stabilises, the desire for a 4x4 will increase again, thereby restoring your cars value and saleability. It all depends on how long you want to keep the car, until then, enjoy a really great car

Car prices never goes up, except rare cars.

What the road tax like in Germany, we will be pleased to learn something new on the other side. Do you have MOT?

 

[Micman]

Car prices never goes up, except rare cars.

What the road tax like in Germany, we will be pleased to learn something new on the other side. Do you have MOT?

Not strictly true, there are a few affordable 'classics' that retain their value or even increase over time.

eg. Morris Minors, Original Mini Coopers, Caterham Sevens, MGBs or even the old Series II LandRover (Defenders).

 

[truthfindergeneral]

' until then, enjoy a really great car'.... I take it you haven't come across this site then !!
http://www.mercedes-benz-usa.com/ml_class.php?page=1

 

[psmart]

' until then, enjoy a really great car'.... I take it you haven't come across this site then !!
http://www.mercedes-benz-usa.com/ml_class.php?page=1

Yes I have!!!! Ive always maintained Mercs are great cars, but current lot are un-reliable, at least in mine and the USA's sites clear tinged glasses! As long as yours is not causing you issues (ie. its one of the good ones), dont think about selling and enjoy.

 

[Alex M Grieve]

' until then, enjoy a really great car'.... I take it you haven't come across this site then !!
http://www.mercedes-benz-usa.com/ml_class.php?page=1

The first brand new car I ever bought was an MGB Roadster, 1971. In those days it came with a 12 month warranty and the car spent most of that time in workshops as a result of a series of 17 significant failures. I even had my own service manager!

I sold it just before the year was up (and just after I had got an agreement that it needed a complete respray).

Some time after I met the guy I sold it to. He worked in London, lived in Wales and used the car for commuting. He had done around 100,000 trouble free miles. I haven't bought a British made car since.

It is fascinating to read that poor quality and rampant unreliability are still alive and well, though apparently resident with MB in the USA.

 

[psmart]

Car prices never goes up, except rare cars.

What the road tax like in Germany, we will be pleased to learn something new on the other side. Do you have MOT?

The market is artificially depressed due to the f-up we are in! An item is worth what people are willing to pay, which is based on many factors, but so long as the underlyings stay static (ie. Merc dont rashly discount new vehicles) and the reason's why people are avoiding them (VED, fuel, anti-4x4 lobbying) go away, then demand will go up as a lot of people like 4x4's. Simple supply and demand.

Here in Stuttgart, my ML, MY2001 will fetch 16000 Euro if it was LHD! The financial panic hasnt really hit, for example there was a mass strike/demo this morning for an 8.x% pay rise for those belonging to the IG Metall Union (many work for Merc, Bosch, Audi, Porsche etc)! People are shopping like nothing ever happened!

MOT, or TÜV - every 2 years.

 

[truthfindergeneral]

My worry is that with 50,000 on the clock, it will turn in to a real lemon. I have already posted about the noise from the ECU cooling fan. I have an intermittent lighting fault on the instrument cluster, the brake light bulbs keep working themselves loose in their light housing. An oil leak has appeared top of engine , front right in the region of the alternator housing and there is bubbling under the number plate light housing on the rear .

 

[dragon]

The market is artificially depressed due to the f-up we are in! An item is worth what people are willing to pay, which is based on many factors, but so long as the underlyings stay static (ie. Merc dont rashly discount new vehicles) and the reason's why people are avoiding them (VED, fuel, anti-4x4 lobbying) go away, then demand will go up as a lot of people like 4x4's. Simple supply and demand.

Here in Stuttgart, my ML, MY2001 will fetch 16000 Euro if it was LHD! The financial panic hasnt really hit, for example there was a mass strike/demo this morning for an 8.x% pay rise for those belonging to the IG Metall Union (many work for Merc, Bosch, Audi, Porsche etc)! People are shopping like nothing ever happened!

MOT, or TÜV - every 2 years.

MOT every two years is pretty lax. I thought it more strict in Germany. Tyres must be less then two years old made else it got dumped here in UK as seconds.

Just heard on the BBC news, recession in Germany even though they made better cars but most exported, people can't afford to buy. VW is doing well because of their smaller cars but there are layoffs.:wink:

 

[television]

The MOT every two year debate has been going on here for 2 years now, MOT stations do not know where they stand on this, and its causing much unrest in the trade

 

[dragon]

This is the first time I heard about 2 years MOT in UK. It should be every 6 months for dirty buses, vans and lorries.

 

[psmart]

It's about time they standardised it across Europe, that way any European car in any European country meets their standards!

A number of times Ive had to have a German or Austrian TÜV (MOT) on my cars because my MOT has expired, and I am completely legal in Europe, except when I get back to the UK, I immediately have to drive to an MOT station as Im not legal!! Stupid!

recession in Germany even though they made better cars but most exported, people can't afford to buy

The folly of outsourcing and moving production to cheaper lands! If Germans cant buy German cars, the values Germans brought into and expected from their cars will disappear and then they will eventually just become 'run-of-the-mill' cars!