BMW 3-Series M3 Saloon (95-98) – Facts and Figures

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Special Report – Tax Made Easy

Thousands of car buyers are paying too much road tax. Could you be paying less tax?

Find out with our Special Report

BMW 3-Series M3 Saloon (95-98)

Want to know more about these cars?

Standard Trim

ModelMPGCO2VED BandTax


30 mpg



Road Tax | Company Cars

Evolution 4d

25 mpg



Road Tax | Company Cars

All you need to know about VED

VED stands for vehicle exercise duty or road tax. Any car used on the road is required by law to display a tax disc. Buying a new car also requires the purchase of a road tax disc which is more commonly known as First Year tax or Showroom tax, whereas with a used car it is VED or road tax. A tax disc must be renewed annually or every six months.

From 1st March 2001 the annual car tax (VED) rates are determined by a car's CO2 emissions and type of fuel used. This information can be found on the car's log book or V5 document. If your car was registered before the 1st of March 2001 then the road tax is based only on the engine size, with one rate for the engine sizes up to and including 1549cc and one for engines over 1549cc. This info can also be found on the log book.