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Buy used to cut 4x4 costs

Buying an offroad vehicle that is more than a year old can help you beat the recent increase in vehicle excise duty, reports carkeys.co.uk.

Buying an offroad vehicle that is more than a year old can help you beat the recent increase in vehicle excise duty, reports carkeys.co.uk.

Although Gordon Brown this week increased the cost of running a car in the top VED band, according to the Environmental Transport Association (ETA) this does not affect 4x4s more than a year old, providing a large incentive to buy used.

The top band G also does not apply to cars that are more than two years old, making the car finance costs of used vehicles even more attractive.

"We know that increasing numbers of people want to make informed choices about cars particularly in terms of carbon emissions and the damage caused to the environment," explains ETA director Andrew Davis.

"Manufacturers don't make cars that consumers won't buy. It needs consumer pressure alongside government leadership to help persuade manufacturers to allow us the choice to buy cars that are more environmentally sound."

On top of avoiding the instant depreciation associated with new vehicles, arranging a car loan or car credit makes buying used even more affordable.


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