Can I buy a new car and SORN it immediately to avoid the first year tax?
I have been offered a Mitsubishi Shogun registered by the dealer on 1 April 2017. When the car is transferred they indicate that I will have to pay the VED of £140. Does that mean that the first owner can reclaim the balance of the £1700 first year tax? If I buy a new car with £1700 first year tax, can I SORN it immediately, claim the refund of the balance and retax it a month later at £140?
Asked on 5 May 2017 by Mike Taylor
Answered by
Honest John
No, the way the new system works, that is forfeit. The dealer will get a proportion (most) of the £140pa tax back, but the £1700 showroom tax is gone to HMRC forever. You didn't think they didn't think of that, did you?
Similar questions
Does the list price for the £40k car tax threshold include or exclude on the road costs?
Why don't the DVSA do anything about cars with foreign number plates. I was told by the DVSA that it was down to the owner to register the car in the UK after 9 months?
I know that some new cars are advertised at a high discount with low mileage because dealers have to meet expected sales figures - but what is the real significance for the buyer?
Related models
.jpg?width=115&height=75&rmode=crop)
A rugged hard-worker that can tow heavy loads without breaking sweat and conquer terrain that would faze nearly all of its rivals, spacious cabin and seven seats, reasonably affordable and most version well equipped.
Elsewhere on 
