petrol price rise-buy it now

[NOEL]

I realised the rise in VAT would affect pertrol but I forgot that from Jan 1st fuel duty rises again( I got reminded by a friend ),then petrol goes up once more when VAT increases to 20% in early Jan so the message must be buy it now if you can, fortunately my Moggie fired up for the first time in two weeks after nall nthe snow so managed to keep the car ticking over and after a blast around topped up the fuel at the same time -Happy new year Mr Chancellor!

[phurn]

tbf your gonna need fuel anyway, and all the panic buying does is allow the petrol stations to rise the price further, supply and demand and all that.

[mike.perry]

You are only delaying the inevitable by a week. If you need petrol then you need petrol. No point in driving to the petrol staton for 5 ltrs. just because it goes up tomorrow.

[phurn]

yeah never see the point in panic buying. and lets face it, we need all the tax revenue we can get atm!

[NOEL]

I agree that you are going to need fuel anyway but my reason for posting was there may be others out there who did not realise there was to be a double hike in two seperate price rises, I put 5 gallons into my Morris today so I dont feel that panic buying is something I subscribe to and neither would I suspect other owners, the fact that so much of all our money from being a moterist is generally wasted is probably a topic which would fill the mesageboard on its own.

[phurn]

People bang on about vat like its gonna cost a fortune. T won't. A tenner of fuel today will cost 10.21 after the vat rise. You'l bearly notice it.

[MarkyB]

It may be less noticeable if you buy 2 gallons at a time, but it is very noticeable if you fill up a car with a big tank as I tend to do.
On a 65 litre tank the difference is very obvious .

[phurn]

Based on a price of 120 a litre at theminute, it'l cost you an extra 1.90 a tank, not a huge amount.

[MikeHA4]

I refill the daily when it gets down to 1/2 or 3/4 gone, max, usually. I had in mind that it is time for the monthly fill, drove past the Shell establishment I would be using yesterday and saw queues. I simply didn't think it was a price-rise of 0.75p p/l, just that it was a New Year thing! Clever Goverment. Anyway, I's-wise to the 20% coming so will get my 1/2 tank worth tomorrow rather than after the 4th. Seems silly not to. Money in my pocket is under better control!

Happy New Year, everyone!

PS I do enjoy reading lots of the material on the MMOC messageboard; thank you, contributors!

[phurn]

I don't mind the vat tbh, its a fair tax system. Everyone pays and everyone pays the same. Personally I thin a beter system is a punitive income tax of 3-5% and a high vat of 35-40% makes more sense. People will have more percived wealth due to less being taken out their wages and everyone pay even cash in hand types.s

[faversham999]

I like the way it is mind you I drive 90,000 plus miles a year

[RobMoore]

It matters not that you may think 20% is not much.
The fact remains we have been continually ripped of by our Government for decades.
Remember that for every Ltr of fuel you purchase (£1.23.9)
79 pence goes to the government in Duty and VAT
5 pence goes to the garage/forecourt/retailer
40 pence is the cost of the product itself.

You won't see demonstrations with huge support from the haulage industry anymore they can claim much of their tax back so are now going to be silent.

Expect prices to rise even more as oil continues to rise this year and the rich oil companies make even more obscene profits.
Go capitalism and democracy lol

How much of this actually goes back into roads and transportation? about 15% tops.

[MarkyB]

The best way to take control over a people and control them utterly is
to take a little of their freedom at a time, to erode rights by a
thousand tiny and almost imperceptible reductions. In this way the
people will not see those rights and freedoms being removed until past
the point at which these changes cannot be reversed - Adolf Hitler

The same thing goes for putting up petrol prices.
Thing really started to go downhill when they went to pricing petrol in litres.
1p on a litre = 4.5p on a gallon.

[phurn]

thing is, we'll forever have high taxes by virtue of being such a nanny state. other nations where you have to be more independant have low taxes. government pays for our health service, schools, the entire benefit system, the banking system?! the transport system(where as infact it should only have ot support the road network, not our trains )

if we relied on the state less then the state would take less from us. take germany, yes it pays for the basics like education, some benefit (but nothing like ours) but health is private, transport is nearly all private (aside from a small holding in the parent company that now owns aviva- yes thats right the german government controls some of our transport system to!)

or even ireland, where the health budget is a fraction of ours. yet life expectancy is higher.why? becuase they wont pay for non essential work like sex changes, nose jobs or anything else non life threatening. no other country in europe also pays benefits to migrants at the rate we do. especially not once theyve left the country!

you want lower taxes? then things need ot be privatised. its the only way for things to work. we have the worst health care in europe, but the highest budget. why? becuase its a state owned monopoly. if it was like germanies then theres competition, so prices stay low while service improves.