This week, the DVLA rolled out new car regulations that will see some motorists forking out considerably more each year.The revamp in car tax rates means many could face a steep increase due to a new standard road tax rate, the introduction of taxes for electric vehicles (EVs), higher charges for low-emission cars, and a significant hike in first-year rates for new cars with high emissions.
Richard Evans, head of technical services at Webuyanycar, has provided a glimmer of hope for those affected by the increased costs, stating that EV owners can still enjoy relatively modest rates.
He said: "The £10 showroom tax for new EV buyers is small compared to the rates for low and higher-emission models. "Once the changes take effect, owners of EVs first registered before April 2017 will have the cheapest annual road tax rate of all at just £20." READ MORE: Dunelm selling 'very elegant' £40 lamp for areas without a plug socket READ MORE: Boden's huge 40% off sale on clothing includes spring dresses, jackets and more The changes that came in on April 1 are set to make pre-owned electric vehicles (EVs) an appealing investment for those seeking to cut costs on their daily drives.
Richard further noted: "This makes older EVs an attractive option for budget used car buyers looking to save on running costs.
Read more on ok.co.uk