Cost of Elddis and Compass Campervans and Motorhomes reduced in #Budget2020, as VED hike overturned
Wednesday 11 March, 2020
We are delighted to confirm to our Motorhome and Campervan Customers that today’s Budget confirms a reduction of £1,865 on the Vehicle Excise Duty (VED) on all our Campervans and Motorhomes.
A statement by the Chancellor, Rishi Sunak, in today’s Budget confirmed that the controversial rise in Vehicle Excise Duty (VED), which was imposed on new motorhomes, is to now be reversed.
In effect, this means that our multi-award-winning Campervan ranges are now available from as little as £40,234 on the road – including VED, PDI, delivery and registration – and our equally popular coachbuilt motorhome models from just £41,134 on the road.
As one of the UK’s largest leisure vehicle Manufacturers, maintaining our competitive price advantage across the full range of our motorised portfolio is paramount.
Today’s announcement is welcome news to not only our Customers, but also the wider caravan industry and UK tourism, too.
Since 01 September 2019, we have been fighting tirelessly to overturn the 705% increase in VED. The National Caravan Council (NCC), immediately began its #fairmotorhometax campaign. By March 2020, the campaigning was backed by 85 cross-party MPs.
NCC Director General, John Lally, said: “We have had extraordinary support from Parliamentarians – too many to mention them all - but in particular Richard Holden MP, Sir David Amess MP, Emma Hardy MP, Karl Turner MP and David Davis MP. Rishi Sunak MP – prior to becoming Chancellor - had also indicated support.
“Alongside the NCC, its members and the wider industry, these MPs worked tirelessly to reverse this increase, knowing the impact it would have on British manufacturing, on jobs and, potentially, on UK tourism. We offer our thanks to all of them and to the media, who highlighted how unfair the tax was.
“Leisure vehicle manufacturing is a British success story. The steady growth the motorhome industry had seen up to the time of the tax hike was almost instantly halted. We are delighted that our new Chancellor has so quickly understood that motorhomes and campervans should not be taxed as cars, that he has shown concern about the threats to our industry and taken this action to preserve jobs.
“Motorhomes will now return to being taxed as vans, which is logical as the vast majority are based on a commercial vehicle chassis. This is an amazing result for us, for this vibrant manufacturing industry and for the many thousands who take motorhoming holidays – the vast majority in the UK – each year.”
Erwin Hymer Group UK Ltd, Managing Director, Rob Quine, commented: “Ours is a highly innovative, inventive and competitive industry, but these tax hikes threatened its stability. I would like to thank the NCC and our new MP, Richard Holden, for all they did.”
Elddis and Compass have a vast retailer network across the UK, so you’re never far from an award-winning British-built Campervan or Motorhome.
To find your nearest Retailer and Get The Best Deal, visit elddis.co.uk