Originally Posted by ItsNotAboutTheMoney
OTR = On The Road is the usual term. As with other consumer goods the price is quoted including tax which is now 20% (part of the austerity measures = what they wanted to do anyway). Also registration.
AutoCar used the term "out the door" in their discussion of vehicle prices.
The 20% is UK VAT. UK automotive VAT was 18% in 2009/2010 and 20% 2Q2011. iirc.
There was an ≈8% engine displacement tax for engines below 2 Liters but reduces to 0% at somewhere around 1 Liter. Further, this tax rate increases with displacements above 2 Liters.
The UK taxing authority told me that was typical across the EU.
There are also tax bands requiring periodic periodic payment based on the CO2 emissions rating of the vehicle, higher CO2 higher tax. But I do not know if this is included in the pricintg statement.