[Corinne]

For those who want a good laugh at my expense, here is the full breakdown of taxes:

Registration document (based on the horsepower) € 1125
20% VAT € 10,481
CO2 tax € 10,000
Total taxes € 21,606 or 29% on a car costing, tax included, just over € 74,000 after a 4,000 discount (sorry I think I said € 90,000 in my original post but I hadn't realised they'd included the original CO2 tax of € 6500).
I really want a manual so am willing to take the extra hit of € 1300 tax.

And all that tax money will go to paying child allowance for 10-children immigrant families who spend their days burning cars and spraying graffiti on walls, long-term unemployed who receive more in payouts than if they had a full time job, and subsidised housing for those who can't afford a house but expect the government to help them buy it.

[Destroya]

Wow. No sales tax here so all I will pay is MSRP. We still have it pretty good over here.

[Nine Lives]

Originally Posted by Corinne

For those who want a good laugh at my expense, here is the full breakdown of taxes:

Registration document (based on the horsepower) € 1125
20% VAT € 10,481
CO2 tax € 10,000
Total taxes € 21,606 or 29% on a car costing, tax included, just over € 74,000 after a 4,000 discount (sorry I think I said € 90,000 in my original post but I hadn't realised they'd included the original CO2 tax of € 6500).
I really want a manual so am willing to take the extra hit of € 1300 tax.

€ 74,000 is steep,I thought we were overcharged in the UK compared to our lucky US friends.

Are you sure it's worth it ...

Edit:

Anybody from Norway on the forum,be interested to know how much an M2 would cost you.

[Robin_NL]

Originally Posted by noiox8

Is that after 20% VAT or before?!

Total sum, incl 21% VAT ,CO2 tax...
All in euros not in rubles

Cheers
Robin

Cheers
Robin

[Zippster]

Originally Posted by Adem1534

Gosh I love America

Well she is a changing'

Pretty soon we will probably see similar things!

[Sideshow]

Originally Posted by Destroya

Wow. No sales tax here so all I will pay is MSRP. We still have it pretty good over here.

I fear thats coming to an end.......not kidding.

[Zippster]

Originally Posted by Corinne

For those who want a good laugh at my expense, here is the full breakdown of taxes:

Registration document (based on the horsepower) € 1125
20% VAT € 10,481
CO2 tax € 10,000
Total taxes € 21,606 or 29% on a car costing, tax included, just over € 74,000 after a 4,000 discount (sorry I think I said € 90,000 in my original post but I hadn't realised they'd included the original CO2 tax of € 6500).
I really want a manual so am willing to take the extra hit of € 1300 tax.

And all that tax money will go to paying child allowance for 10-children immigrant families who spend their days burning cars and spraying graffiti on walls, long-term unemployed who receive more in payouts than if they had a full time job, and subsidised housing for those who can't afford a house but expect the government to help them buy it.

It hurts when you know where the money actually goes. I spent a year in Paris and I heard all about this subsidized economy. We are heading in that direction, I just don't know to what extent, but almost half of the US does not pay income taxes. You work hard, save and invest, and the government wants to give it to, I don't even know what exactly. There is probably some hidden server that spells it all out.

[Corinne]

Originally Posted by Nine Lives

€ 74,000 is steep,I thought we were overcharged in the UK compared to our lucky US friends.

Are you sure it's worth it ...

Edit:

Anybody from Norway on the forum,be interested to know how much an M2 would cost you.

Well I certainly hope it'll be worth it ! Interestingly my Lotus Elise attracted € 2200 in CO2 tax when I bought it in 2011. If I were to buy it in 2017 it would be taxed at € 10,000 ! It's ludicrous. That's a 1.8 litre 4 cylinder engine for God's sake. Well done for the Brexit mate - just think of all that red tape cr*p you're going to be able to walk away from.

[hpapad01]

Originally Posted by Corinne

This blithering idiot, for those who don't recognise him, is the socialist president of France. He has just increased the pollution tax on the manual M2 and other cars emitting more than 191 g of CO2 from an already sky high € 6500 to € 10,000 as from january ! That's $ 11,000. And that comes on top of the 20% VAT rate. I'm really pissed as my M2 should be arriving in the spring so I'm going to have to pay all that money to keep this banana republic above water.
The money from pollution tax is supposed to subsidise electric and low pollution cars but of course most of it is sidetracked to allow the socialist government to continue spending taxpayers' money. Can you Americans imagine paying $ 90,000 for an M2 ?

You are keep forgetting all the money France has to pay to support the poor, heavily in debt to Troika (European Commission, European Central Bank and (IMF) International Monetary Fund) Greece. F. Hollande and the faaaaar left-wing Alexis Tsipras are close friends, their secret motto is "take it from the ALL the people and if there are any leftovers then we'll vote for another austerity and privatization agenda".

Don't forget the latest bailout package (3rd since 2010) is costing around 86 billion euros ($95 billion) to all YOU nice European Union states and of course that requires additional budget cuts. So far they have lent 11 billion euros in multiple tranches between February and November of this year, so don't complain about your additional CO2 tax. BTW, in return for credit, Greece will be required to, among other things, change labor laws, introduce tough rules for dealing with bad loans (imagine that) and present a budget for the next three years!!!

But wait.... I've got news for you, most economic experts foresee difficulties and delays even if Tsipras does everything according to plan. For this plan to work, European Union would have to reach an agreement on possible debt relief for Greece NOW!!! However, that is exactly the agreement that many European Union states involved in Greece's credit plan are avoiding or seeking to postpone until... later, much much later.

But wait... I've got even better news for you. The International Monetary Fund has declared that Greece's debt is unsustainable!!! and warns countries like Germany and France NOT to object to such calls for an agreement to debt relief talks. So, how are they going to get your their money back, if ever? And you think the increase of the CO2 tax in now too heavy? Wait, and don't be surprised if if gets even heavier sooner than later.

And one more thing. Immigrants are becoming a very heavy burden for Greece. Don't be surprised if additional money are given to Greece to take care of these people. This past summer 3 billion euros were given to Turkey for their immigrant needs and they are not even part of the European Union.

So, dear Corrine, pay and enjoy it when you get it, because the sh$it will hit the fan even worse and I'm sorry for the bad news.

[ilovewagons]

Originally Posted by Corinne

And all that tax money will go to paying child allowance for 10-children immigrant families who spend their days burning cars and spraying graffiti on walls, long-term unemployed who receive more in payouts than if they had a full time job, and subsidised housing for those who can't afford a house but expect the government to help them buy it.

No, it goes to pay the French airforce to drop bombs on behalf of Islamic State, which creates the immigrants you then pay for. Let's at least be accurate here. If you want to bomb Libya, Iraq and Syria, you can't complain when the govt. comes to you looking for extra money. No such thing as a free lunch.

[///M-pressed]

Originally Posted by Corinne

I keep telling myself the same thing but it IS rather nice here, living in the mountains, and at least we have a presidential election next spring. However, whatever the government here, the country is rapidly going down the drain. As Pol says it's more of a jealousy tax than anything. It ties in with the socialist attitude here which is "If I cant have it, I want to make damn sure YOU can't have it either". I did consider Australia but it's too far away from the rest of the world LOL and it's too flat. New Zealand maybe ? A beautiful country but I don't think I could get used to living upside down. So I'll just pay up in the knowledge that in coming years, as the CO2 tax increases exponentially, no-one will be able to afford anything more than a Trabant - imported of course because the French car industry will have gone out of business as it will only be able to sell low end cars which make little profit.

Well it's pretty much like the Labor government here (Socialists). If you're working hard and making money, we will punish you for it by taking it and redistributing it to people who don't want to work.

Yes that is one drawback about Australia (also a blessing at the same time): Its geographical location. I do wish that Europe were a bit closer.

[///M-pressed]

Who would have thought everyone on a BMW forum is capitalist. Lol

[ilovewagons]

Originally Posted by Attuale

Well it's pretty much like the Labor government here (Socialists). If you're working hard and making money, we will punish you for it by taking it and redistributing it to people who don't want to work.

Yes that is one drawback about Australia (also a blessing at the same time): Its geographical location. I do wish that Europe were a bit closer.

What Labor govt.? It's been a conservative Liberal govt for the last 3.5 years. Two Liberal PMs Pick up a newspaper mate. Sometimes the worst thing about owning a BMW is all the other people who own one too.

[Zippster]

Originally Posted by ilovewagons

What Labor govt.? It's been a conservative Liberal govt for the last 3.5 years. Two Liberal PMs Pick up a newspaper mate. Sometimes the worst thing about owning a BMW is all the other people who own one too.

Man, I thought our politics was confusing, but conservative liberal sounds like AC - DC. Its either one. One thing we share is the political hidden agendas. How they are going to get the money that they want without anarchy. Sounds like our European Friends are getting close....

my .02

[Corinne]

Originally Posted by Attuale

Who would have thought everyone on a BMW forum is capitalist. Lol

Ha ha I feel quite at home here !!!

ilovewagons the last I heard the French airforce was bombing ISIS - are you sure you've got that right ? You're correct about the immigrants though.

I'm wondering when we're going to be told off by the moderators for discussing politics instead of cars..... so... back to the M2.

I had been thinking of buying a Renault Twizzy (tiny electric 2 seater) to park next to my M2, so as to use it for very short trips. However, now I'm being taxed to the hilt for CO2, I'm going to cancel that plan and use my M2 daily... and go catless to get my moneys worth

[ilovewagons]

Originally Posted by Corinne

Ha ha I feel quite at home here !!!

ilovewagons the last I heard the French airforce was bombing ISIS - are you sure you've got that right ? You're correct about the immigrants though

Long story short. A bunch of countries plotted to get rid of Assad in 2012. They gave weapons to and supported all opposition groups, including Islamic State, who they keep referring to as 'moderates'. These Islamists exterminated secular, democratic opposition to Assad while we watched and kept supplying them with weapons, materiel and training.

A bunch of religious psychopaths can't organise brigade level manoeuvres, effective resupply or logistics or even enough planning for sustained field operations to go toe to toe against a regular national army and take and hold territory from them. We now know (thanks to Wikileaks and other whistleblowers) that US, French Australian and who knows who else, special forces 'advisors' were and continue to provide IS formations with this much needed support, perpetuating the conflict and generating waves of refugees that no one wants to take.

There have also been numerous occasions of coalition air strikes targeting Syrian army positions immediately before an organised IS attack. So as usual we're being tricked once again into supporting religious fanatics who want to go back to the thirteenth century. Last time this happened, in Afghanistan, we got Al Q. and Osama. God only knows what new horrors our tax dollars are busy midwifing today.

Sorry for the OT politics, it's kind of a hobby.

[bloodsales]

we paying more than $100000 for M2 in China, F word to communist

[///M-pressed]

Originally Posted by ilovewagons

What Labor govt.? It's been a conservative Liberal govt for the last 3.5 years. Two Liberal PMs Pick up a newspaper mate. Sometimes the worst thing about owning a BMW is all the other people who own one too.

Um, I was merely pointing the comparisons between the socialist French government and the Labor government. I should have said party, my mistake. You're not a Labor voter are you..

[ilovewagons]

Originally Posted by Attuale

Um, I was merely pointing the comparisons between the socialist French government and the Labor government. I should have said party, my mistake. You're not a Labor voter are you..

The ALP is further to the right on almost every single issue compared to French socialists. And no, I am not a Labor voter, I just happen to believe that voting is a privilege that comes with the responsibility of educating yourself about what you're actually voting for. Give it a go mate.

[marcusfva]

Except US and UK, it seems that every other country has its problems with car taxes... here in Italy, 62.400euros M2 6MT and 66.440euros M2 DCT, we don't pay for CO2 but for KW...for my M2 DCT I paid 1.250 euros for first tax plate + 2.663 Euros for annual tax (you must pay every year).

For example a Nissan GTR 570hp must pay 6.134 Euro every year...

[sarcastrix]

Originally Posted by Corinne

Registration document (based on the horsepower) € 1125
20% VAT € 10,481
CO2 tax € 10,000

Still a bargain compared to Denmark's 'luxury car tax' - € 126,146 before options.

Originally Posted by Nine Lives

Anybody from Norway on the forum,be interested to know how much an M2 would cost you.

List is € 95,385 before options.


Here in Sweden, I paid the equivalent of £40k at the time of order

[J.M]

Originally Posted by Smiley1175

We pay about $85k (USD), here in Australia.
I feel your pain.

That's not even 60k€ mate...