Filed under: Legislation and Policy
Finally, the Spanish government has announced the tax scheme for the immatriculation tax, a tax paid when a vehicle is purchased. This new scheme, to be started in January 2008, depends on the CO2 emissions of the vehicles and it has lowered significantly the price for some vehicles.
Until now, the immatriculation tax was a 7 percent of the base price for cars under 1.6 liters (gasoline) or 2.0 liters (diesel). From January, the tax will be called "Green tax" and will be distributed like this:
- No tax for cars with emissions under 120 CO2 g/km (like the Toyota Prius, Honda Civic IMA and small mini cars such as Peugeot 107, Opel Agila, Toyota Aygo and base versions of superminis like the Renault Clio, Seat Ibiza...)
- Between 121 and 161 CO2 g/km: 4.75 percent (this new tax benefit "clean" bread-and-butter vehicles like Ford Mondeos, Renault Mégane...)
- Between 161 and 200 CO2 g/km: 9.75 percent (which benefits "clean" big cars such as diesel MPVs)
- Over 201CO2 CO2 g/km: 14.75 percent (bad for SUVs).
Additionally, Spanish drivers must pay a Council "Road tax" which is very different depending on the place of the country they live in. This tax will be changed and adapted to the "Green tax" in the near future.
Continue reading on how the prices of some popular European models will be affected by this new tax (thanks to our colleagues at Autoblog Spanish).
Related:
- Spain changes car tax system to benefit cleaner cars
- Dingell will propose carbon tax, predicts Americans will not go for it
- UK taxes on vegetable oil for vehicles makes it 50 percent cheaper than diesel
[Source: Autoblog en Español, Legislation]
As you can see, the scheme benefits cleaner cars regardless of engine size. The most affected vehicles are SUVs, big Minivans and gas-guzzlers.
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