Drivers are being "left in the dark" over radical new introduced earlier this week for , and electric car owners, according to experts.
New analysis from Leasing.com found almost a third (30%) of UK drivers are unaware of how the new fees will affect them. Among those who have heard about the updates, a whopping 16% admit they still do not fully understand them. Leasing.com suggests that many road users could face a shock when renewing their road tax or buying a car. Mike Fazal, motoring expert and CEO at , stressed there was an "urgent need" for new updates.
He said: "For years, car tax rates have been relatively stable, but these new updates introduce significant cost increases, particularly for higher-emission vehicles and premium models.
"Our research shows that many drivers are still in the dark, underscoring the urgent need for clearer information to help them plan ahead.
"With leasing, VED is built into your fixed monthly payment, which can help drivers budget more easily."
with almost all petrol, diesel and electric car owners affected.
Many chargers have increased in line with Retail Price Index (RPI) inflation with standard fees up from £190 to £195.
However, with motorists holding the keys to certain models set to be more affected.
Electric and hybrid VED exemptions have come to an end with all owners set to pay the £195 standard charge.
However, many will be forced to pay an extra £425 Expensive Car Supplement (ECS) for all vehicles priced over £40,000.
This runs the risk of in a hefty blow for cash-strapped individuals.
First-year VED rates with many rates doubling in a major blow.
The most polluting petrol and diesel vehicles face the biggest sting with pieces jumping up from £2,745 to £5,490 in year one.