THE price of cars with ‘average’ or ‘above average’ emissions will have to increase so people will buy ‘greener’ vehicles, a government think-tank report warns. And while ‘average’ and ‘above average’ emitting cars would rise, those owning gas guzzlers will be hit more severely, adding potentially thousands to the price of their vehicles. Significantly, the new plan would leave an estimated 88pc of car owners untouched by the new road-tax regime but vehicles with higher emissions would suffer most. It claims there would be no extra cost for 88pc of cars while 7pc would increase by €10 a year. The second option suggests a single VRT charging table for all cars, regardless of which test they were subject to.

Source: Irish Independent September 14, 2020 16:41 UTC