The weight tax increases tremendously on these cars

Several years of tax increases

The tax increases, which began last year, continue in steps, with an increase of 6.5 percent each year in 2021, 2022, 2024 and 2025. In 2026, a significant increase will come, with the periodic tax increasing by an additional 10 percent.

This results in a total increase of 36 percent in the periodic charges for vintage cars within this period. This affects owners of vintage cars, although these cars typically only drive a few kilometers a year.

The complex tax bill

According to FDM, the calculation of taxes on vintage cars is complex. The tax is 25 percent of the first DKK 65,000 of the car’s value, 85 percent of the value between DKK 65,000 and DKK 202,200, and 150 percent of the value over DKK 202,200.

For cars that are between 25 and 35 years old, the tax is still calculated on the basis of their current market value. This means that if the car was expensive when it was new, it will also be expensive to detect as a vintage car.

Relief in import duties

On the positive side, the agreement made it easier to import vintage cars to Denmark by removing certain supplements.

There is no longer a need to pay fuel supplements or CO2 supplements for cars older than 35 years, making it cheaper to import such cars. The basis of calculation for registration tax is 75 percent of the vintage car’s price before tax, with a supplement of 25 percent.

Impact of everyday cars

It is important to note that the December 2020 car tax agreement does not only affect vintage cars. The periodic charges for ordinary everyday cars will also increase by 36.9 percent by 2026. This makes it more expensive for motorists to own and drive a vehicle in Denmark.

In summary, ownership of vintage cars in Denmark becomes a more expensive affair due to the rising taxes. Although some import duties are relieved, it is clear that car enthusiasts must be prepared to pay more to own and maintain their beloved vintage cars.