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VRT

  • 12-10-2008 10:31pm
    #1
    dakaiser
    Closed Accounts Posts: 44 ✭


    Hey there,

    I'm thinking about buying an english registered car. The tax office say it's going to cost 6400 euros to clear it.
    Just wondering if I held of on the VRT until January , would the price come down much?
    Cheers.


Comments

  • #2
    homer90
    Registered Users, Registered Users 2 Posts: 2,073 ✭✭✭homer90


    dakaiser wrote: »


    Just wondering if I held of on the VRT until January , would the price come down much?
    Cheers.

    Remember theres a budget looming too............. :rolleyes:


  • #3
    Car-dealer
    Closed Accounts Posts: 89 ✭✭Car-dealer


    Hi

    the VRT use OMSP that often over state the price of a car in todays market - you need to pay the VRT then ask for an appeal form and try claim back some VRT from them.

    What car are you going for and what price - drop me a line if you need any advice on the process.


  • #4
    Biro
    Closed Accounts Posts: 4,091 ✭✭✭Biro


    dakaiser wrote: »
    Hey there,

    I'm thinking about buying an english registered car. The tax office say it's going to cost 6400 euros to clear it.
    Just wondering if I held of on the VRT until January , would the price come down much?
    Cheers.

    Holding off on the VRT until January will reduce it alright, most of the time, provided tomorrow's budget doesn't change anything.
    However, legally you're not supposed to drive the car on the road without VRT. You can risk it if you like provided your insurance covers you, but the risk is customs will see you and can impound the car, you'll be fined 10% of the OMSP to release the car plus VRT.


  • #5
    dakaiser
    Closed Accounts Posts: 44 ✭dakaiser


    Thanks for the replies.

    I called them up today and got a price for a car 1 year older than the car I'm looking at. It was about 1500 euro cheaper. So it could be worth holding on until January, as long as the budget dosen't change the rates too much.

    And where do they get there valuations from? They value the car 6000 more than the fella selling it. bstrds


  • #6
    Anan1
    Registered Users, Registered Users 2 Posts: 22,815 ✭✭✭✭Anan1


    dakaiser wrote: »
    I called them up today and got a price for a car 1 year older than the car I'm looking at. It was about 1500 euro cheaper. So it could be worth holding on until January, as long as the budget dosen't change the rates too much.
    The values don't change by a whole year on the 1st January, it's incremental.
    dakaiser wrote: »
    And where do they get there valuations from? They value the car 6000 more than the fella selling it. bstrds
    Their valuations are for the cars VRT paid here, you're buying the car ex-VRT.


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  • #7
    dakaiser
    Closed Accounts Posts: 44 ✭dakaiser


    Their valuations are for the cars VRT paid here, you're buying the car ex-VRT.[/quote]

    Ok, I'm new to all this but do they not place a different value, on different types of cars and then base the VRT cost on a percentage of this value?


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