
I think the classic car collectors are focusing not only on cars built in the '50s and' 60s but also modern classics of specific heritage such as specialist imports from other countries. These vehicles are routinely on show at classic car events yet many owners pay high rates of vehicle excise duty
Heidi Alexander
Transport Secretary
Reduce age required for historic/classic vehicle status from 40 to 30 years
Reduce Vehicle Excise Duty by 50% for vehicles aged 20 to 39 years
Increase the Luxury Car Tax threshold to £50-55,000
Raise VED road tax for cars registered before April 2017 to at least £195 a year
I think the classic car collectors are focusing not only on cars built in the '50s and' 60s but also modern classics of specific heritage such as specialist imports from other countries. These vehicles are routinely on show at classic car events yet many owners pay high rates of vehicle excise duty
Reduce age required for historic/classic vehicle status from 40 to 30 years
Reduce Vehicle Excise Duty by 50% for vehicles aged 20 to 39 years
Increase the Luxury Car Tax threshold to £50-55,000
Raise VED road tax for cars registered before April 2017 to at least £195 a year