VED rates have increased in line with inflation since 2010.
How to work out your new VED band
VED comprises two parts. You will have to pay a one-off first-year rate in the 12 months from when your vehicle is initially registered.
After this period, you’ll pay a standard rate. For vehicles registered on or after April 1, 2017, this is currently £155, but it will rise to £165 from April 1, 2022.
Vehicles with a list price of over £40,000 when new will be required to pay an additional £355 annually on top of the standard rate for five years.
Your first payment of VED will depend on the amount of CO2 emissions your vehicle produces.