Car Buying Tips » VAT Increase Alert

Attention All New Car Buyers - 2010 VAT Increase Alert

 

13 months after the "temporary" reduction of standard rate VAT to 15% the Government has now decided to raise the rate to 17.5% again from the 1st January 2010.

The effect of this is to increase the price of an average £15,000 new car by around £375. So not the news anyone wanted, but giving an excellent opportunity to benefit from the great savings on CarQuake before the end of 2009.

Why Are We Talking About This Now?

The important point in this is that IF you want the car to be purchased at the 15% rate then it will need to be ordered very soon as you will pay the VAT on delivery of the car, not on order. Meaning that orders taken late in 2009 will almost certainly be fulfilled in 2010 at the higher VAT rate.

Six Very Good Reasons...

Today there are at least 6 good reasons to buy a new car including:

(1) Highly discounted new car prices direct from the supplying dealer
(2) only 15% VAT to pay if you buy your new car before the end of the year price
(3) strong second hand market for used cars ensuring that you get a good part exchange price
(4) the opportunity (where appropriate) to participate in the Government Scrappage scheme and of course
(5) the ability to get your car at 2009 prices as many manufacturers choose to put price increased on their cars for 2010
(6) the fact that your new car will come with the latest '59 registration plate
So now is the time to enjoy great value and a great new car through any dealer on CarQuake - simply look through the offers, choose the one that appeals the most and contact the dealer using the phone number provided or the "request call back form" - it really is as simple as that.

Our dealers recognise that you're looking for substantial savings against MRRP, and want a no-hassles experience - therefore we continue to offer some of the best no-nonsense deals for new cars in the UK.

P.S. Don't delay - availability will reduce as buyers order to beat the VAT rise and remember to leave sufficient time for your order to be fulfilled before the VAT deadline expires.

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