The devil's canal-boat juice..

[aaronjb]

Or diesel, as most of us know it..

http://www.thetruthaboutcars.com/2017/06/bmw-drops-manual-transmission-best-model-help-pay-rd/?utm_medium=email&utm_campaign=M5Board.com_breaking&utm_source=M5Board.com20170628

"In the 5 series we have four diesel engines on offer. I would not bet on there being four diesel engines on offer in the next generation vehicle," Peter [BMW US CFO] explained.

[Kevin Wood]

I've always wondered why there is such a baffling array of models from BMW, most of which seem largely similar.

[Field Marshal Dr. Opti]

Sales of derv powered cars are falling fast.

Let us all rejoice.

[Viral_Jim]

Sales of derv powered cars are falling fast.

Let us all rejoice.

And the sales of electric cars are rising fast!

Probably a source of less rejoicing in this particular corner of the internet  . However, with a diesel scrappage scheme rumoured for the last couple of years of the decade, I can easily see myself making the switch.

[Field Marshal Dr. Opti]

Sales of derv powered cars are falling fast.

Let us all rejoice.

And the sales of electric cars are rising fast!

Probably a source of less rejoicing in this particular corner of the internet  . However, with a diesel scrappage scheme rumoured for the last couple of years of the decade, I can easily see myself making the switch.

Simply buy a Testicle P100D with ludicrous and be done with it.

[Migv6 le Frog Fan]

Don't care about any diesel scrappage scheme. They will prise the keys to my 190D out of my cold dead hands. 

[Field Marshal Dr. Opti]

Don't care about any diesel scrappage scheme. They will prise the keys to my 190D out of my cold dead hands. 

Don't worry, the government won't be that desperate.

[Sir Tigger KC]

A straight swap seems fair. 

So if the government offer me a Tesla in exchange for my 18 year old BMW 530d-erv polluter then I'd feel obliged to accept. 

No need to thank me for saving the planet and the poor little children either! 

[LC0112G]

All the govt needs to so is double/treble/quadruple the tax/duty on diesel so it's £5 a Litre (£25 ish a gallon), make the costs on cars & vans (not buses/lorries) for companies non tax deductible and the devil fuel cars will die off pretty rapidly. Oh - and put up the car tax for diesels up to £1000 per year. All for eco-mentalist reasons obviously.

Sorted.

[Migv6 le Frog Fan]

They can raise the duty on diesel as high as they like, as long as they leave the VED alone. I will keep my 190D for ever then. 

[Viral_Jim]

I doubt there will be retrospective VED changes any time soon. They are incredibly unpopular and this gov't is already hanging on by a thread. Similar to pensioner benefits discussed in another thread, vote-losing policies will be in short supply in the next 5yrs or so

Similarly I don't see a massive hike in diesel tax at the pumps. We're a road based economy after all and it would be hella costly to make a multi-tier system of fuel pricing based on whether you're filling up a car, van or hgv.

[LC0112G]

Similarly I don't see a massive hike in diesel tax at the pumps. We're a road based economy after all and it would be hella costly to make a multi-tier system of fuel pricing based on whether you're filling up a car, van or hgv.

That's the easy bit. Same (huge) price at the pumps for everyone. But a company can claim the fuel costs back as an expense for lorries, so it's deducted against profits before corporation tax so it's tax neutral for things that basically have to use Diesel. However, you cant claim the fuel costs for vans or company cars - this will incentivise companies to change their company cars/vans to something else - which they typically do every 2-3 years anyway.

All it requires is a few words in the Budget and a modification in the tax rules (which happens at every budget anyway) and job jobbed.

Ok loads of hacked off personal owners with diesel cars, but give people 12 months notice of the changes and that can be mitigated because they're threatening the world with imminent death and should be ashamed. Around here most are using Red Diesel anyway so where's the problem?

[jonathanh]

Similarly I don't see a massive hike in diesel tax at the pumps. We're a road based economy after all and it would be hella costly to make a multi-tier system of fuel pricing based on whether you're filling up a car, van or hgv.

That's the easy bit. Same (huge) price at the pumps for everyone. But a company can claim the fuel costs back as an expense for lorries, so it's deducted against profits before corporation tax so it's tax neutral for things that basically have to use Diesel. However, you cant claim the fuel costs for vans or company cars - this will incentivise companies to change their company cars/vans to something else - which they typically do every 2-3 years anyway.

All it requires is a few words in the Budget and a modification in the tax rules (which happens at every budget anyway) and job jobbed.

Ok loads of hacked off personal owners with diesel cars, but give people 12 months notice of the changes and that can be mitigated because they're threatening the world with imminent death and should be ashamed. Around here most are using Red Diesel anyway so where's the problem?

Yes it is deducted from taxable profits so it means it reduces corporation tax but that will be 18% of the price hike.  However companies or investors aren't fond of reducing profits so they pass the increase costs on.  In other words, transport costs go up and as consumers we all pay

[Viral_Jim]

Yes it is deducted from taxable profits so it means it reduces corporation tax but that will be 18% of the price hike.  However companies or investors aren't fond of reducing profits so they pass the increase costs on.  In other words, transport costs go up and as consumers we all pay

This.

I remember an Eddie stowbart  documentary a while ago, the guy reckoned 1p on fuel is £100k off their bottom line. Whether you believe that or not is another matter. What isn't in doubt is that it hurts business and if the tories are going to hang their narrative together into the next election they need to be sent o be very much on the side of business and the "working man"

[Doctor Gollum]

Commercial fuel is very much a tax write off, the problem is cash flow...

Imagine needing to buy your fuel, and pay for it, two years ahead of being able to write it off thereby having to carry that cost without impinging on the bottom line forever...

A penny a litre is probably £10 per truck per week, so £520 extra per year per truck...

Not a significant bother... if you run one truck... However, if you run a hundred trucks, that suddenly becomes £1,000 each week or £52,000 per year on top of the existing fuel bill.