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Errrr. All this talk of 5 years is wrong.
Its 6 years (max).
From DVLA:
"You have to pay an extra £310 a year if you have a car or motorhome with a ‘list price’ (the published price before any discounts) of more than £40,000.
You only have to pay this rate for 5 years (from the second time the vehicle is taxed)."
So when you buy new, its at mmmmmm. £450.
Then at a year old, you pay £450, for the next 5 years.
With 20:20 hindsight, what I should have done is cashed in my tax at month one, then, although I would still pay £450 x 5, I would at least get some back!
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