Reduce Vehicle Excise Duty by 50% for vehicles aged 20 to 39 years

Summary

Introduce a 50% VED reduction for cars aged 20–39. High taxes force functional vehicles to be scrapped, creating a "disposable" culture. Keeping existing cars is greener than building new ones, as it preserves embedded carbon. This "Young-Timer" bracket supports the circular economy and UK heritage. Manufacturing a new car creates massive carbon debt. We must move from a "disposable" car culture to a circular economy. Keeping a functional 20-year-old car on the road is often greener than building a new one, as it preserves the embedded carbon already spent. Current VED rates force many well-maintained cars to be scrapped prematurely. We call for a 50% "Transition to Historic" tax discount to encourage repair, support the UK heritage industry, and reflect the low mileage of modern classics.

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