The amount to tax your car depends greatly on where you are located and the specific characteristics of your vehicle. For example, in the UK starting April 1, 2025, vehicle tax (Vehicle Excise Duty, VED) is based on the car's CO2 emissions and list price. Electric vehicles will no longer be tax-exempt and will pay similarly to petrol or diesel vehicles. For newly registered cars, the first-year tax depends on emissions, then a standard annual rate applies thereafter, with an additional expensive car supplement for vehicles over £40,000. Petrol, diesel, and electric cars generally pay £195 annually after the first year unless they meet specific exemptions or have emissions- based rates on first registration. Detailed rates vary from £10 to thousands of pounds per year depending on CO2 emissions for newer cars. In the USA, car- related tax can include sales tax at purchase, which varies by state (from 0% in some states to over 7% in others). Annual taxes may include property taxes based on your vehicle's value, and various registration fees. Additionally, if you use your car for business, you can deduct mileage at 70 cents per mile in 2025 for tax purposes. To give an accurate figure on how much to tax a car, the following details are important:
- Vehicle registration location (country and state/region)
- Type of vehicle (petrol, diesel, hybrid, electric)
- Vehicle's CO2 emissions or engine size
- Vehicle's list price or value
With these details, a more precise tax can be calculated or estimated. If you provide your country and vehicle details (like registration year, fuel type, emissions if known), I can help calculate a more exact tax amount or guide you to the proper resources to do so. The above summary largely reflects UK and US contexts, which are the most commonly requested. Let me know if a different country applies or more specifics are available.
