Budget changes for 30 year+ cars

mike65

NONE!

Apparently (small print has to be examined of course).

Mike.

Dades

mike65 wrote: »

NONE!

*wipes sweat from brow*

Will be very interesting to see how the changes for 'noob' cars works out.

Deesse

Where does it actually say that VRT on 30 year olds is only 50 quid? I couldn't find it on the revenue web site, but when i rang the VRT centre last week, i was told it's only 50 quid - i'd like to see where it's printed somewhere though?

mike65

https://www.motortax.ie/mtoapp/pdf/motortax_rates_2004_en.pdf

Mike.

Deesse

Thanks Mike, but it's not the road tax i was enquiring about. I was wondering about the vehicle registration tax as I'm on the verge of importing a car from the UK. I was told 50 quid for a 30 year old (and that's what was mentioned in another post on this forum), but biffo has announced that all VRT is to be based on the carbon emissions, in which case I'm probably fcuked with a 30 year engine:mad:

mike65

Oh sorry, VRT is zero for cars over 30 years old.

Mike.

Deesse

Nope it's not zero - I was quoted 50 quid from the VRT office last week! Unless it's been reduced to zero in the budget? It's not mentioned in Annex D which outlines the new carbon-emission based rates for VRT. Now it doesn't mention that classics are exempt (apart from the 50 quid) when it describes the old system either, so maybe there's just no change here. Does anyone know?

mike65

Sorry, in my book €50 is zero, as good as.

Mike.

Deesse

haha. 'tis next to nothing indeed Mike, compared to what it might be under the new regulations, as I reckon a 30 year old shoots pure carbon out the pipe!
Long may it last, but i just can't find where it's printed. Maybe I'm just being blind but can't find it written on the revenue web site

I've just found it under the ros.ie web site - i was blind!
it says: "Certain vehicles e.g. Classic Collectable, Motor Caravans (Campers), Kit Vehicles etc. that require to be assessed on an individual basis.
Other vehicles e.g. Tractors, Large Vans, Lorries etc. (Category ‘C’ vehicles) that are liable to a flat rate of €50.00 VRT."

I hope that it remains that way!!!

Traumadoc

How will they decide VRT on secondhand imports, say a 20 year old merc, will they have a carbometer or whatever it is?

corktina

def €50...and only €315 on a '79 2.3 V6 ghia Cortina i was surprised to find....

Deesse

Traumadoc wrote: »

How will they decide VRT on secondhand imports, say a 20 year old merc, will they have a carbometer or whatever it is?

From Annex D of the budget:

Determining CO2 emission levels of vehicles

"In respect of used imports, the CO2 rating will have to be declared on form VRT4 (Declaration for registration of a used vehicle) by the person registering the vehicle. The declaration will be required to be supported by documentary evidence of the CO2 rating, for example, a Certificate of Conformity, a previous registration certificate, or a certificate from the manufacturer or a main distributor, provided in each case the CO2 rating is included; or a certificate from an organisation approved by the Revenue Commissioners to provide such certificates. Where a certificate or a measurement is not available or fails to satisfy the Revenue Commissioners, the VRT tax charged could be set at the maximum VRT rate allowable. Such a VRT rating would be open to appeal through the VRT appeals system."

corktina

thats a bit ominous......where da 'ell would you get those docs from?

Mc-BigE

What about Classic Motor Tax?, is that up 9.5% from 42euro? and what about in July2008, how are they going to get Co2 emissions from Classic Cars?

If they do its very unfair to Tax Classic cars when most of us do very small mileage a year.

IMO classic cars (if driven low miles) are environmentally friendly:D

Dades

Deesse wrote: »

Nope it's not zero - I was quoted 50 quid from the VRT office last week!

I think the rate is 0% - that €50 is actually an 'administration' fee.

But yeah, I wonder how you'd check the CO2 emissions on a classic car that doesn't run. Does that mean zero emissions?

mike65

With all the changes do you reckon the Classic scene here is going to explode as people realise that 30 year old cars are not always up on blocks and can be vaible
everyday transport?

Mike.

Deesse

Maybe we should start a thread on how undependable classic cars are, just to keep the spotlight off what we've discovered!

saddle tramp

Deesse wrote: »

Maybe we should start a thread on how undependable classic cars are, just to keep the spotlight off what we've discovered!

lol

3ps

can anybody confirm that the exemptions are still in place?

the 8.5% and 11% rise for "existing cars on the road" might mean EVERYTHING

mike65

Its excemption is as per, the rise is 9% on 42 euro.

Mike.

Deesse

Annex F to the budget says Motor Tax increases 9.5% from 42euro to 46euro.
Not sure if the vehicle registration tax increases from the current 50euro. Anyone know?

Bluehair

mike65 wrote: »

With all the changes do you reckon the Classic scene here is going to explode as people realise that 30 year old cars are not always up on blocks and can be vaible
everyday transport?

Mike.

Probably. I was humming and hawing about it the last few months and it's enough to send me more seriously down the classic road. Would love an old V8 in something with a bit of character but there's not a chance in hell i could afford the running costs on something even half modern (think early Jag XK8s, XJs, e39 540i etc.)

Ironically the lovely Porsche 928 came out first in 1978 so would qualify shortly but i've yet to see one that early for sale. The 911SC came out 1978 too and would make a lovely daily driver. Was outbid for a Datsun 240z on ebay (had seen/driven the car in person in the UK) earlier in the year and it would make for quite a fun option too.

A few of my ideas anyway, any others for a decent daily driver that would be feasible for an amateur mechanic to maintain?

maidhc

Bluehair wrote: »

A few of my ideas anyway, any others for a decent daily driver that would be feasible for an amateur mechanic to maintain?

Anything from FoMoCo really won't cost the earth.

Personally though I wouldn't have a classic as my daily driver. Having a modern car has its benefits, and small/mid size diesels now make particular sense. You can have a classic and a focus sized diesel taxed and on the road for under €200 a year now!

Mc-BigE

Can anyone confirm i.e. Link to website etc, that Classic Car Motor Tax will be staying at current figures (+ 9/11% after January) when the CO2 motor tax rules come in on IMPORTED classics after july2008?

Deesse

It's all here BigE: http://www.budget.gov.ie/

AnnexF says motor tax goes up to €46

Unfortunatly, AnnexD on the VRT doesn't mention any exemption for classics, but maybe that's just because it's already understood that they're exempt from VRT?

saddle tramp

In AnnexD They do say passenger car are subject to a minimum VRT TAX OF........... 315..

it's quite possible they may sneak the classics into this bracket..
it would seem to me if they've increased the tax they will most certainly increase VRT on them..

but I suppose we'll have to wait til july for someone to test it..

unkel

There won't be a single W116 6.9 left in the UK by this time next year

Blue850

Irish reg Corolla Twin Cams to hit €20k by August 08;)