There's a secret vehicle tax in South Africa that’s increasing this month (April 2024) and threatens to make new cars even more expensive ...
onwards. Of course, emissions tax on new vehicles in South Africa is not really that secret. First introduced in 2010, according to theThereafter, this secret vehicle tax in South African has steadily increased over the decades. Likewise, the acceptable threshold has dropped. It’s currentlyThese increases to secret vehicle tax in South Africa are part of the National Treasury’s sustainability drive. And is intended to support South Africa’s green transition.
Crucially, carbon emissions tax is a one-off hit, added to the purchase price of a new vehicle driven off the showroom floor. While it’s meant to account for CO2 emissions over its lifespan; like depreciation, people who buy the car second and third hand won’t foot the bill.April 2024 sees increases to South Africa’s CO2 tax on new cars. Image: Pexel
Below is a selection of five cars and how the taxation differs based on the secret vehicle tax in South Africa:Please note, an April 2024 increase to CO2 tax does not necessarily mean vehicle prices will increase. It is entirely up to the manufacturer to decide how they will adjust the pricing of their vehicles, if at all. At the end of the day, CO2 tax does punish less-efficient vehicles in a segment, allowing the cream to rise to the top.
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