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VRT

shortcircut · 2010-11-29 16:11:46

Hi guys, Quick one for ya. I've been phoning round revenue, nct centre's and vrt helplines all day and no one has been able to give me an answer on this. I'm currently looking at importing a car from the UK, but I'm wondering if I hang on until the turn of the year will the price of VRT drop as the car is a year older?…

29-11-2010 4:11pm

#1

shortcircut

Closed Accounts Posts: 8 ✭

Join Date: November 2006

Posts: 3

Hi guys,
Quick one for ya. I've been phoning round revenue, nct centre's and vrt helplines all day and no one has been able to give me an answer on this.
I'm currently looking at importing a car from the UK, but I'm wondering if I hang on until the turn of the year will the price of VRT drop as the car is a year older?
Cheers
SC

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Comments

#2 29-11-2010 4:44pm

bazz26

Registered Users, Registered Users 2 Posts: 51,479 ✭✭✭✭

Join Date: January 2005

Posts: 50751

In theory yes as the Original Market Selling Price (OMSP) of the car on which VRT is calculated, should be less due to the car being a year older.

However as it is a given that the VRT bands and motor tax bands and are going to be adjusted in the budget it might be better to VRT the car before the increases take effect which will probably be from Jan 1st.

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