Budget: Rolling VED exemption brought back in.

[UKJeeper]

40 years though...

[TerryG]

That's better than a kick in the teeth. At least it means that people with 1975 cars won't be stuck in the same situation that 1974 owners were in until last year. 10-20% lower values than cars potentially only a few days older.

[UKJeeper]

True.


Hmmmm........


http://www.carandclassic.co.uk/car/C436876

[TerryG]

get your credit card ready and start calling shipping agents.

[Martin Evans]

Yes it's forty years, when it used to be twenty five. I think we have to accept it's a sensitive issue (Despite all the evidence about older cars being more environmentally friendly, than throw away cars) and I suspect last year we saw a testing the water exercise. There was no furore about rich men’s toys (A charge to which the Tory party are always at risk), so now we have something nearer to what we want.

For me it’s been a long time coming (I first joined the original Practical Classics Forum, as a result of my correspondence with the governments of Blair and Brown) but it had been suggested to me some time ago, that it was a long term aim but that due to the state of public finances, it was not expedient to reintroduce it at that time. I can say that from 2010, the correspondence I had over this issue was far less confrontational. After 2010, it was more a case of “Bear with us”; before that it was a case of when you defeated one argument, they concocted another. I am not trying to make political comment here; I am simply reporting what I experienced.

Who knows what 2015 will bring? At least my V8 will be in from the cold. I just hope that Mr Balls doesn’t end up making a balls of this, as did the arch enemy of the classic car, dear old Gordon. Go on Terry, 'it 'im

[mach1rob]

It's rolling again, so good news, far better than no mention, or doing the same as last time just adding a year.

On the plus side, give it a couple of years, I'll be able to get a 'new' car

[kstrutt1]

So if we get another tory goverment at next years election my 79 tr7 may also make it, given their policies are all much the same looks like I know who I will be voting for!

[mach1rob]

Well they gave the 25 years originally, as posted above, that one eyed Scottish idiot took the rolling exemption away, and I bet if he could of got away with it, he'd have stopped the exemption full stop.

[SirTainleyBarking]

That's better than a kick in the teeth. At least it means that people with 1975 cars won't be stuck in the same situation that 1974 owners were in until last year. 10-20% lower values than cars potentially only a few days older.

The series was registered mid '73, might give me a push to get it back on the road with a MOT.

Shame I had to wait this long. Thanks Moron Brown

[Martin Evans]

Shame I had to wait this long. Thanks Moron Brown

Oddly enough, I was only thinking about the V8 last night. If it had been on the road continuously, since 1999 (When it would have become exempt), at the rate of tax now applying, that is the equivalent of over £3000. It certainly mounts up.

Now if Lady Thatcher had gone five years between elections, OTBE that would have put the 1997 election to 1999. If nothing else had changed (Though I think an election in 1984 might have been a much closer call, than the 1983 election), the V8 would have got in by feeler gauge. I’ve reflected on this many times.

So if we get another tory goverment at next years election my 79 tr7 may also make it, given their policies are all much the same looks like I know who I will be voting for!

I tend to agree. Where I live is a safe Labour seat, so I don't know if I'll bother (If I thought Plaid Cymru stood a chance, of winning the seat, I would vote for anyone, in order to frustrate them). However my parents live in an adjoining marginal and they are going to vote Tory, simply on the strength of this issue (And my father has a particularly dim view of politicians, so this really is news ).