Some will face up to a £15 increase in bills, with annual charges for some rising to £360 per annum.
However, historic vehicle tax exception rules mean those with the keys to much older models will be fully exempt from tax updates and will not pay a penny.
This rolling annual agreement allows models over 40 years old to drive on UK roads without paying a penny.
The yearly update means models registered before the end of 1984 will no longer be required to pay the rates.
The Federation of British Historic Vehicle Clubs (FBHVC) explained: “Currently, a vehicle “first registered” on/prior to 7 January 1984, will be classed by the DVLA as having been built in 1983, therefore it is tax-exempt from 1 April 2024.
“If your vehicle was ‘first registered’ after this date, up to 31 December 1984, you will need to wait until 1 April 2025.”
However, motorists must still tax their vehicles every 12 months and apply for an exemption even if owners know they will not pay any fees.
Road users who are found travelling without tax can be fined a hefty £80, a major blow to road users.
As well as securing car tax exemptions, drivers will also dodge MOT tests in a massive win for owners of older models.
GOV.UK explained: “You must apply for a vehicle tax exemption to stop paying vehicle tax. This is sometimes called putting a vehicle into the ‘historic tax class’.
“You do not have to apply to stop getting an MOT for your vehicle each year. However, you must still keep it in a roadworthy condition.”
