Yeah but it's old news.
My car was subject to that when I bought it in 2017 though at the slightly lower rate of £355 applicable at the time and is one of the reasons I've hung on to it as the replacement cost is horrific. Currently mild and plug in hybrids are also affected though EVs are not but that is about to change with EVs also due to pay VED from 2025 and that includes the "luxury" car tax /over £40k on EVs registered after 31st March 2025.
Just as an aside, my daughter wrote her car off 3 weeks ago and needed to replace it with a simiolar but newer spec model. I trawled around the local garaged and searched on line and decent small cars are being sold almost as soon as advertised, luckily I found one that had just come in that morning, wasn't prepared or listed or we would have missed it. Some of the dealers I visited are desperate for good low milegage ICE cars and not interested in s/h EVs form what they told me. I have a little Skoda Citigo I bought for £5k in 2018 3 years old then with very low mileage specifically to tow behind our motorhome and I was offered my money back at the same dealer last week as they only had one in stock already reserved and no more are being manufactured.
