Dingdongler

Not sure what to do about this.

When I ordered my car the dealer said if it could be registered before 1st March I would still pay 17.5% vat. It is due the very last week of Feb, if it arrives on time I may have a choice ie to register it before or after 1st March.

The extra cost of the 2.5% tax will be about £1300. Will it be worth the extra money to have the latest plate ( and I mean in terms of resale value)

Thanks

chris180883

iTrader: (1)

hell no save the cash and buy a private plate

duckson

iTrader: (2)

what car?

Dingdongler

I'm not bothered about how old people think the car is, the question is would I recoup the £1300 when it came to resale as it will be one plate newer?

Dingdongler

Sorry, 535d Msport.

john banks

I took my car last week of July instead of waiting until Sept, but into August and I would have delayed it. There was no tax difference in that decision though, but a newish model at the time with a waiting list.

duckson

iTrader: (2)

I guess it depends on how long you plan on keeping it, up to 1 year or so might be worth it but any longer then it might not be i'd say.

Dingdongler

Thanks Duckson, I intend to keep the car for longer than a year.

John, so what are you saying? Do you think I should save the £1300 or get the new plate, for me it would literally only delay things for a week or two

200sex

iTrader: (2)

when did you pay for the car cause if it was before the tax increase and the invoice shows that date then it dont mater they carnt charge you anymore for the tax increase

hodgy0_2

are people really that bothered by "plates" on resale these days


I go by year (and condition obviously)

zip106

For the sake of 2 weeks you'll have a 'new' car for 6 month.

I'd wait, but I don't think it'll make any difference in 2-3 years time.

Jimpreza

I'd save the money Ding and get it registered in feb. Obvisouly I'd wait till March if the price was the same.

Jimpreza

I've just asked the wife and she replied 'wait till March what's 1300 on a 50k plus motor, it's a couple of hand bags'.

stilover

Just get the car in February.

Are people still bothered about having the latest reg these days?

If it bothers you that much, do as said above, buy a private plate for it, and it can be a new car every year !!

Trout

iTrader: (1)

I'm waiting until March 1st

Mind you my dealer is so feckless they could not work out what to do around the VAT and are still learning to read so that they can read the HMRC guidance.

Wish

iTrader: (2)

I would take the car in March.
I would also tell the dealer that you are not willing to play games with your purchase.

Dingdongler

200sex, I haven't paid for the car yet. The car will be paid for when I collect, and that will be up to me, hence the question.

Jim, thankfully my wife doesn't buy £700 handbags. As far as I know anyway

Stilover, as I've mentioned I don't give a hoot how old people think it is. I'm asking purely from a resale point of view. Buying a new car is never the most sensible thing in the world to do and so I want to limit the depreciation loss as much as possible. I only want to pay the extra £1300 if I will see that money back in 2-3 years time.

So is the consensus that in terms of resale value there will be little difference whether the car is registered Feb 2011 on a 10 plate or Mar 2011 on a 60 plate?

Thanks

Dingdongler

What games mate?

austinwrx

I don't think anyone understands the new plates now, especially as so many are private or tweaked.

when buying a car, I'm looking at history, mileage, condition etc...... with a very sorted car like yrs, the resale will be onto a very specialist and limited market anyway. bet most would end up with private plates on too.

Jimpreza

Yes Ding, my opinion is in 2 - 3 years time it wont make much difference at all to resale value. My 335i was registered 2 -3 days before the 1st september so isn't a 59 plate. I think most people just realise the number is the year but don't understand the March and september registration part. So, from a snobs pov people may notice yours is older as it will be a 10 and not an 11.

Dingdongler

Austin/Jim

I agree I don't understand the new plates myself. When I was looking at second hand cars I looked at the year and month.

So I'll register it in Feb and keep the £1300 in my pocket!

MMT WRX

I don't think you would get your £1300 back when you sell it on either, get it in Feb.

stilover

The only way it matters is if you trade it in to a dealer. It would just be another thing for them to suck air through their teeth and claim if it had been March registered they'd give you an extra £1000 for it. Bollox !!

I had the same thing when I traded in my Focus RS. Registered September 2006. Dealer said if it had been registered in 2007, it would be worth an extra £500.

It's all Bollox.

mattvortex

didnt think anyone bought new cars now- oh well- a story for the daily mail!

Dingdongler

If only I were a Muslim, then they could have had a field day