Friday, May 24, 2024

Happening in two weeks – Denmark makes popular cars more expensive again

Once again, the Danish state raises the interest on the proportional registration fee. This makes leasing cars more expensive.

The Danes flock to such an extent about leasing cars.

So now the government is raising the interest rate on the proportional registration tax paid by leased cars again.

This is stated by the Danish Motor Agency in a press release .

The interest on registration tax increases from the current 5.5 percent to just under 6 percent per 1 July 2024. 5.9 percent if we have to be completely accurate.

READ ALSO: Russia wants gigantic compensation from Volvo

The state also raised the yield on the tax on leased cars last year. At the time, the increase had not been seen larger for a full 12 years.

The explanation for the increase must be found in the way in which tax is paid on a leased car. By nature, drivers in leased cars do not pay the full tax at once.

Instead, parts of the tax are paid a little at a time. How much is paid depends on the age of the car and the length of the leasing contract. Cars that are older than 36 months are the cheapest.

In return for the lower tax, the state pays itself with an interest supplement, which is calculated on the basis of the remaining tax on the car. And that is the interest rate the government is now raising.

When the interest rate was raised last year, the leasing company Lysdahl Simonsen estimated that an Audi A6 Avant would become around DKK 700 more expensive every single month. Read more about it here .

The interest rate is adjusted semi-annually. This means that the state, in the form of the Motorstyrelsen, will once again make leasing cars more expensive on 1 January 2025.

Read more exciting news from and about the world of cars right here!

Latest

Don't miss

Ferrari named Italy's best workplace

They screw up some of the world's finest cars,...

Polestar receives a new warning – will be thrown off the stock exchange in 60 days

The Chinese car brand Polestar has received a new...

Former Koenigsegg designer will make his own car this year

Sasha Selipano is the man behind the lines of...

Lamborghini's new V8 engine takes 10,000 revolutions

Lamborghini's V10 engine is on its way out. The...

Haas admits fault for huge Kevin Magnussen error

Kevin Magnussen is fighting for his future in Formula...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Bugatti is considering gas stations as an option

When it comes to Bugatti's customers, it is hardly the economy that sets limits on the optional equipment list. There may come a day...

Opel recalled 9,800 cars with embarrassing fault

Exactly how the error occurred is uncertain. But Opel had to check almost 10,000 cars for wrong chassis numbers. Even with the high technology...

Acquitted of drug cartel: Mother-in-law's coffee was to blame

Last year, a now 31-year-old Swedish man was fined 5,000 kroner for drunk driving, but then he blamed his mother-in-law's coffee. And now the...

20-year-old arrested – hid 22 camera traps under his bed

A wave of thefts that have hit a number of Swedish speed cameras may have been solved. The police found the cameras under a...

Polestar rejects new trend – "not in our cars"

Several new cars - and not just those that run on electricity - are a sea of light in the cabin. Polestar doesn't want...

Investigation: Critical failure will be fewer in new electric cars

Since 2016, less than one percent of all electric cars have had their battery pack replaced because the capacity has dropped to an unacceptable...

Admitting joke – dead car brand does not come back

Pontiac is long since dead and buried as a car brand. Still, an ad in a print automotive magazine gave some fans false hope....

Volvo will build trucks that burn hydrogen

BMW and Toyota are experimenting with it - and now Volvo is jumping on the bandwagon when it comes to burning hydrogen. If the...

New figures: These electric cars lose the most in value

It doesn't matter which car you invest in. Not even if it has to run on electricity. At least not if the goal is...

Volkswagen blames EVs for ID.7 decision

The all-electric Volkswagen ID.7, which is the same size as the Passat, should have actually been out in North America. But now the car...

New Kia EV3: See pictures and specifications here

Here you can read everything about the new Kia EV3, which has just been presented. Get all the data, pictures and specifications in the...

Volkswagen and Renault drop huge collaboration

It will not come to anything between Volkswagen and Renault. At least not when it comes to a small and cheap electric car. Volkswagen...
footer.txt Viser footer.txt.