Reply To: July’s Price Reduction

#351091
belfast4
Participant

    No (and without being awkward) The law changes to enable the VAT are quite clear, all cars leased from 1st July are subject to VAT, regardless of when they were ordered. So while all cars ordered after July 1st will attract VAT (save the usual exemption) some ordered this quarter will also attract VAT. That all depends on when dealers can deliver, so many APs are probably higher than they should be now to absorb some of that potential VAT. It’s probably on higher AP cars, and those that are most likely not to be delivered until after July 1st; another reason for the Enyaq increase. I also suspect to keep things simple next quarter there will still only be one AP per VIN; those that don’t have to pay due to significant adaptions and a fulltime wheelchair user will have their AP reduced after their application hits pending

     

    Explain how some cars ordered this quarter before the 1st of July will attract vat to the Advance Payment.

    As far as I am aware any car ordered before the 1st of July no matter when delivery takes place will not have vat added to the AP