harveyp6 said:
Yours will become exempt 40 years from when it was built, so when that happens you cash in the tax that's on it, and then you change the taxation class to Historic and away you go. So that will be around the start of May this year.
suffolkpete said:
That's not how I read it. My car is registered in June '74 and I don't think it will become exempt until April 1 2015, when all cars built before 1/1/75 become exempt. To claim exemption, you will have to fill in a form V10, showing the taxation class as "Historic" and send it, with your V5C, insurance and MoT to DVLA. If DVLA have your insurance and MoT you can still tax it on line.
I read it somewhere between the two , as in , what they said last year ( vehicles built before Jan 74 will become exempt on April 1st this year ) But from January 1st 2015 the rolling exemption that they announced yesterday will come into effect and then it will be as they become 40 years old .
Having said that i'd be more than happy for Harvey to be right , that way i get to claim a few months back ! :?