When you buy a car, one of the expenses you need to consider is road tax. This tax is imposed on vehicles by the government, and it’s calculated based on the type of car, engine size, and CO2 emissions. If you’re considering purchasing a BMW 3 Series, it’s important to understand how road tax works and how much it will cost you.
Understanding Road Tax
Road tax, also known as vehicle excise duty (VED), is a tax that all drivers must pay to use their car on public roads in the UK. The amount of road tax you pay is determined by the CO2 emissions of your car, with lower-emission vehicles paying less tax than higher-emission vehicles.
The revenue generated from road tax is used to maintain the road network, improve public transport, and reduce the environmental impact of road transport.
BMW 3 Series Road Tax
The BMW 3 Series is a popular car in the UK, known for its sleek design, powerful engines, and exceptional handling. The road tax for a BMW 3 Series varies depending on the model and year of manufacture.
For example, the road tax for a 2019 BMW 320i Sport is £145 per year, while the road tax for a 2021 BMW 330i M Sport is £155 per year. The road tax for a 2022 BMW M340i xDrive is £475 per year.
Factors Affecting Road Tax for BMW 3 Series
There are several factors that affect the road tax you pay for your BMW 3 Series:
CO2 Emissions – As mentioned earlier, the amount of road tax you pay is determined by the CO2 emissions of your car. BMW offers a range of engine options for the 3 Series, with some producing more emissions than others. The more emissions your car produces, the higher your road tax will be.
Engine Size – The size of your engine also affects your road tax. Generally, cars with larger engines have higher road tax rates than those with smaller engines. The BMW 3 Series offers a range of engine sizes, so it’s important to consider this when choosing a model.
Year of Manufacture – The year your BMW 3 Series was manufactured also affects your road tax. Newer cars with lower emissions tend to have lower road tax rates than older cars with higher emissions.
Tips to Reduce BMW 3 Series Road Tax
There are a few things you can do to reduce the amount of road tax you pay for your BMW 3 Series:
Choose a Car with Lower CO2 Emissions – If you’re in the market for a BMW 3 Series, consider choosing a model with lower CO2 emissions. This will not only reduce your road tax but also make your car more environmentally friendly.
Opt for a Smaller Engine – As mentioned earlier, cars with smaller engines tend to have lower road tax rates. Consider opting for a BMW 3 Series with a smaller engine if you’re looking to reduce your road tax.
Purchase a Used Car – If you’re on a tight budget, purchasing a used BMW 3 Series can be a cost-effective option. Older cars tend to have higher emissions and road tax rates, but this can be offset by the lower purchase price.
Choose an Electric or Hybrid Model – If you’re looking to reduce your road tax and environmental impact, consider choosing an electric or hybrid BMW 3 Series. These models have lower or zero emissions, which means you’ll pay less or no road tax at all.
Avoid Paying for More Than You Need – When choosing a BMW 3 Series, it’s important to consider your driving needs. If you don’t need a larger engine or advanced technology features, choosing a more basic model can save you money on both the purchase price and road tax.
Drive More Efficiently – The way you drive can also affect your CO2 emissions and fuel consumption, which in turn affects your road tax. By driving more efficiently, such as accelerating smoothly and avoiding sudden braking, you can reduce your emissions and fuel consumption, ultimately reducing your road tax.
Pay in Advance – If you prefer to pay your road tax annually, consider paying in advance for multiple years. This can often result in a discount on the total amount you pay.
In conclusion, understanding road tax and the factors that affect it is crucial when purchasing a BMW 3 Series. By choosing a car with lower CO2 emissions, a smaller engine, or an electric/hybrid model, you can reduce your road tax and environmental impact. Additionally, considering your driving needs and paying in advance can also help you save money on road tax. With careful consideration and planning, you can enjoy driving your BMW 3 Series while minimizing the cost of road tax.
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