August Budget could see Diesel vehicles value crash overnight.
Drivers have been warned the value of 11 million diesel cars could crash “over night” under a threatened Government clampdown.
Documents buried in this week’s Budget revealed ministers are looking at “the appropriate tax treatment of diesel vehicles".
It is believed this could lead to tax hikes for diesel cars in the Autumn Budget.
Jim Holder, editorial director of What Car? magazine, said: “If the decision is to promote petrol or electrified cars, then diesel cars will lose value over night.
“They will be less desirable on the used car market, and owners could face punishing tax and congestion charges.”
http://www.mirror.co.uk/news/politics/millions-diesel-cars-could-crash-10005238
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