A full reduction of 2.5% of VAT will be put into operation by MG on the MG TF LE500 beginning the 1st of December 2008. After the Government’s declaration to reduce VAT from 17.5% to 15%, the MG TF LE500 is currently for sale at £16,055.

A host of highlights accompany the MG TF LE500 such as a hard top, rear parking sensors, leather seats and air conditioning as typical, offering a very high level of specs at an extraordinarily competitive value. With many technological and superficial modifications, the MG TF LE500 is offered with a higher performing powertrain, a fresh interior design, a totally overhauled surface styling and enhanced suspension, drive train and braking systems. At the same time preserving the basic appearance and sensation of the truly popular MG TF, the LE500 has been re-engineered in a broad range and is handcrafted at Longbridge. The Director of Sales and Marketing, Gary Hagen, said “The TF LE500 already represents great value for money and now the recent reduction in VAT makes it an extremely compelling proposition for customers”. Photo gallery after the jump!

Tags: mg news, mg tf le500, mg tf le500 news, mg tf le500 vat news, mg tf le500 vat reduction, vat reduction mg tf le500

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