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More than 11 million Britons have less than £1,000 in savings
(www.theguardian.com)
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this post was submitted on 12 Feb 2024
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Well that makes me feel better about my situation. I have enough to survive two weeks without a paych- oh...vehicle registration. Aaaand it's gone.
Eh?
I'm confused by what your confused by
When do you register your vehicle except when you buy it? Also there's no cost unless you mean the car purchase? Doesn't make sense.
Who the fuck pays "vehicle registration" monthly with their "paycheque"?
Are you American?
I believe they're referring to vehicle tax that you have to renew each year
Car tax. It's never been called "vehicle registration".
Across the pond you renew your vehicle registration
This is a UK sub for UK people!
Oh yeah you just reminded me, my road tax runs out at the end of the month. Yay.
What's vehicle registration?
In some places government requires vehicles to be
regularly re-registered at certain intervals and it's usually associated with a bill or fine to update the registration paperwork on the vehicle
Most cases it's just a way to collect taxes at a local level
I think every country in the UK requires vehicle tax information to be resubmitted every year unless Northern Ireland is different? I've not heard someone refer to it to vehicle registration before though, only car tax.
Interesting, I imagine Northern Ireland is no different and also requires it yearly and folks just call it tax. Where I am we pay both a property tax on the vehicle (based on vehicle value at the time) ASWELL as a yearly registration fee to operate the vehicle on public roads. This is all in addition to a titling tax needed once when first obtaining the vehicle (also based on value of vehicle)
The two main ones in the UK are MOT and VED.
MOT is a yearly roadworthiness test that costs about £50 (and any repairs required to bring things to standard). VED is roughly correlated with emissions and the price of the car.
Both of them, interestingly, are not needed if the vehicle is over 40 years old. Though the police can still pull you over if it's not roadworthy.
You’re not asking for advice and it’s a lot easier to manage a budget when you’re not living hand-to-mouth (been there myself), but I really can recommend something like YNAB. It made a WORLD of difference for our family.