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The Motor Car Act 1903 introduced the £1 (£136.00 in 2025) [3] registration fee for each motor vehicle, which were already also subject to carriage duty if they were not used solely for trade. Carriage duty was paid for a carriage licence which cost £2 2s. (£2.10) for vehicles weighing up to 1 ton, and £4 4s. (£4.20) for vehicles over 1 ...
Car finance comprises the different financial products which allows someone to acquire a car with any arrangement other than a single lump payment. When used, and for the purpose of assessing the private financial costs, one must consider only the interests paid by the car owner, as some part of the amount the owner pays each month for the finance is already embedded in the depreciations costs.
In transport economics, the generalised cost is the sum of the monetary and non-monetary costs of a journey. [ 1 ] [ 2 ] It is sometimes used as a basis for judgements of transit accessibility and equitable distribution of public transit resources.
In the UK the Online Journey Planner (OJP) is the engine used by National Rail to plan routes, calculate fares and establish ticket availability. OJP obtains its route information from SilverRail’s planning engine known as IPTIS (Integrated Passenger Transport Information System).
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