Businesses operating in London have the opportunity to save over £2000 per year – by choosing the correct car.
Transport for London (TfL) is considering a 100% exemption for cars that have emissions below 120g/km, which are in Vehicle Excise Duty bands A and B.
At the same time TfL is planning to raise the charge for more polluting cars.
For companies that run cars in the highest VED band (more than 225g/km) the charge will rise to £25 per day – a potential yearly cost of £6500.
Subject to consultation, TfL says the changes will be introduced in 2008.
“These proposals could be advantageous to business,” commented Dean Woodward, consulting & risk manager, DaimlerChrysler Fleet Management (DCFM).
“The changes are designed to reduce the car’s impact on climate change. Manufacturers now make some highly efficient cars that qualify for the 100% discount. We’ve listed some of our favourites below.”
Hybrid vehicles, such as Honda’s Civic Hybrid, will continue to benefit from a 100% discount.
DCFM’s top 10 Congestion Charge busters
- Citroen C1 (1.0-litre petrol, 109g/km)
- Toyota Aygo (1.0-litre petrol, 109g/km)
- Peugeot 107 (1.0-litre petrol, 109g/km)
- Smart ForTwo (0.7-litre petrol, 113g/km)
- Daihatsu Charade (1.0-litre petrol, 114g/km)
- Vauxhall Corsa (1.0-litre petrol, 115g/km)
- Ford Fiesta (1.6-litre diesel, 116g/km)
- Toyota Yaris (1.3-litre diesel, 119g/km)
- Peugeot 207 (1.4-litre diesel, 120g/km)
- Renault Megane (1.5-litre diesel, 120g/km)
Source: DaimlerChrysler Fleet Management
Fuel-efficient cars to be exempt from payment