• From April 2017, the First Year Licence rate of VED will continue to be related to the CO2 emissions of the vehicle but the bands will change and rates due will increase.
• In the second and subsequent years the ‘Standard’ rate of VED will no longer be related to CO2 but will be related to the list price of the vehicle
• For vehicles with ‘List Price’ of £40,000.00 or less, the rate will be £140
• For vehicles with ‘List Price’ over £40,000.00, an ‘additional rate’ of £310 (a total of £450) will be due for 5 years from end of the First Year Licence
• After the additional rate expires the £450 will revert to £140, or whatever the prevailing rate is at the time.
  

As your local Volvo Retailer, we’d welcome the opportunity to talk you through our latest exclusive offers, along with information about the impending Vehicle Excise Duty (VED) legislation changes.

Because, if you’re thinking of buying a new Volvo or upgrading from your existing vehicle, by ordering now you’ve got the best chance of beating the Vehicle Excise Duty (VED) road tax increase on 1st April.