Brown’s green tax on your 4x4

The latest budget has raised road tax on 4x4s to £400 per year. Before changing your mind about buying one of these cars in the future find out how you could take the sting out of paying this tax in one go and continue to enjoy the car of your choice.

[ClickPress, Thu May 10 2007] The latest budget has raised road tax on 4x4s to £400 per year. Before changing your mind about buying one of these cars in the future find out how you could take the sting out of paying this tax in one go and continue to enjoy the car of your choice.

Contract Hire your next 4x4 and the road tax is paid by the funder supplying the vehicle. For the duration of the contract your tax will be paid each year therefore avoiding the hit of green tax by letting the funder of the vehicle pay it for you.

“Why change your choice of car because of a government vote winning strategy, remain faithful to your car of choice but just buy it in a different way”
Simon Homer, Managing Director Covase, www.carcontracthireonline.co.uk

Contract hire works in many different ways. Firstly you can choose between personal or business contract hire depending on your circumstances. The length of the contract varies between one and four years which can be decided upon according to your budget. The deposit required is often low and at the end of the contract you can return your vehicle to the finance company, apply for a new vehicle or buy the vehicle you have been leasing from the finance company.

The simple answer to being taxed at a higher rate on a vehicle that you want to drive is to contract hire it and avoid the tax being a big issue altogether.

For more information on Contract Hire please visit www.carcontracthireonline.co.uk or call 0845 3697100.

Ends

Notes
1. The top band of vehicle excise duty would be moved to £300, rising to £400 in 2008.
2. Car Contract Hire Online is a contract hire and vehicle leasing business providing vehicle finance and fleet solutions to business and private individuals.
3. For more information please call Simon Homer on 0845 3697101 or email simon.homer@covase.co.uk

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