Bit unsure how it works when you purchase a car from 2017 onwards that cost more than £40k new. Do you pay £140 first year than an additional £310 for the next 5 years (£450 a year!). You might aswell add a few grand extra for the car!
Note that the 'new' price is the list price, including any optional extras onboard and delivery costs (?) - i.e. the 'on the road' price. Some cars could just tick over the £40k mark if they have some optional extras - so be careful when looking at luxury/sports saloons/barges from Germany and Japan - a car that looks to be a steal 2nd hand at half the new price may bite you in the backside on VED and insurance.
It's one of the reasons why it's better to spec any dealer-installed optional extras for a new car near the £40k bracket after you've bought it, as that won't be included in the original purchase and can't be artifically added in after the fact.
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