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Just wondered if I bought an absolute standard M3 (£38,500 after discounts so above £40,000 list price) I presume I'm liable for the luxury car tax for 5 years? I presume if I add a colour to paint or different wheels then definitely?
Thanks for advice!
 

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Just wondered if I bought an absolute standard M3 (£38,500 after discounts so above £40,000 list price) I presume I'm liable for the luxury car tax for 5 years? I presume if I add a colour to paint or different wheels then definitely?
Thanks for advice!
You're reading the price wrong - all M3's are above 40k regardless of which options you press - so the luxury tax is applicable to all M3's.
 

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To be fair he did say "so above £40,000 list price" which is reading it correctly. I'd blissfully forgotten about the luxury tax as I haven't paid it yet (collected car in August), so that's something to look forward to in a few months.
 

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If Tesla are deducting the Gov's £3500 before publishing list prices, you need to add it back on for LCT purposes.
 

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To be fair he did say "so above £40,000 list price" which is reading it correctly. I'd blissfully forgotten about the luxury tax as I haven't paid it yet (collected car in August), so that's something to look forward to in a few months.
I've just collected my M3 and wondered when this "Luxury Tax" was paid. So it is year end rather than when you purchase it then?
 

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This is a very difficult thing to say considering the subject is tax but after driving it for three days.......it is actually worth it! ?

I just hope we have a year for someone to rethink it on EV's.
 

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Darn it! It's £2000 over the threshold for the most basic M3 without options then. Might as well add a colour!
I did! Red SR+ with a tow bar. :D
 

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Very Nice to know. Has this been covered in other threads? Probably should be.
 

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Think that not retrospective though
 
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