10 year scrappage question

PH4T · 24-01-2011 11:11am #1

I have an old 00 Punto. Is it in effect now worth €2,000 due to the scrappage?

I already have another car so I don't want to buy a new car, just get rid of the Punto.

MagicMarker · 24-01-2011 11:13am

No it's not worth 2k.

If someone wanted to buy it off you to avail of the scrappage deal then they'd need to have it in their name for 12 months before hand.

Atomic Pineapple · 24-01-2011 11:14am

PH4T wrote: »

I have an old 00 Punto. Is it in effect now worth €2,000 due to the scrappage?

I already have another car so I don't want to buy a new car, just get rid of the Punto.

No the scrappage scene only gives an allowance on VRT which is applied to new cars bought, you dont get paid for scrapping your car unless your buying a brand new one.

24-01-2011 11:14am

You can only avail of the scrappage offers if you by a new car. You don't actually think they are giving €2000 in exchange for unwanted cars?

stevenmu · 24-01-2011 11:16am

Isn't scrappage only €1500 anyway?

Atomic Pineapple · 24-01-2011 11:31am

stevenmu wrote: »

Isn't scrappage only €1500 anyway?

€1250 since the budget I think

corktina · 24-01-2011 11:56am

thats right and the car needs to meet the requirements as regards the tax insurance and NCT situation too

si_guru · 24-01-2011 12:08pm

Was a Punto ever worth €2000?

neacy69 · 24-01-2011 12:14pm

MagicMarker wrote: »

No it's not worth 2k.

If someone wanted to buy it off you to avail of the scrappage deal then they'd need to have it in their name for 12 months before hand.

I didn't know about the 12 month thing? any more info on that...

Atomic Pineapple · 24-01-2011 12:45pm

neacy69 wrote: »

I didn't know about the 12 month thing? any more info on that...

Its actually 18 months

Revenue.ie wrote:

must be registered in the State in the name of the registered owner of the new car for at least 18 months immediately prior to the date of scrappage;

It must be insured in whoevers changing the car's name for 12 months prior

Revenue.ie wrote:

I have an old car that I no longer use. Can I apply?

Yes, provided that it has a current NCT certificate (or the NCT certificate has expired no more than 90 days previously, or the car has failed the test in the six months immediately before the date of scrappage) and it has been insured in your name for at least 12 months in the 18 months immediately before the date of scrappage.

Here is a good overview of the requirements:

http://www.revenue.ie/en/tax/vrt/faqs-scrappage-scheme.html

bladespin · 24-01-2011 12:49pm

si_guru wrote: »

Was a Punto ever worth €2000?

Ever driven one? :rolleyes:

10 year scrappage question

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