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These charges can be either a flat fee (e.g., a fixed number of cents per mile, regardless of where or when the travel occurs) or a variable fee based on considerations such as time of travel, congestion levels on a facility, type of road, type and weight of the vehicle, vehicle emission levels, and ability to pay of the owner.
The "first year rate" only applies in the year the vehicle was first registered and is said by the government to be designed to send "a stronger signal to the buyer about the environmental implications of their car purchase". [8] [9] Alternative fuel cars (TC59) all warrant a £10 discount from the below, except when zero-rated.
A Clean Car Standard is in place, which charges fees to importers of road vehicles which exceed a defined fleet average emissions value. Previously, a Clean Car Discount was levied on high fuel consumption vehicles, nicknamed a "ute tax", to cross-subsidise electric and fuel-efficient vehicles. This was discontinued at the end or the 2023 year ...
The yearly depreciation of a car is the amount its value decreases every year. Normally a car's value is correlated with the price it has on the market, but on average a car has a depreciation around 15–20% per year. [12] [13] Depending on market conditions, cars may depreciate 10–30% the first year. [14]
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It is an administrative unit originally calculated partly from the power of the engine and used to calculate the amount of tax that may be due at the time of registration. The Citroën 2CV (two tax horsepower) was the car that kept such a name for the longest time. Its use in France dates from 1 January 1913.
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