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02 VW golf import/export question

  • 08-03-2014 7:20pm
    #1
    Registered Users, Registered Users 2 Posts: 2,903 ✭✭✭


    A buddy has moved to the UK and owns a 02 1.4 Golf.
    He asked me a question that I need some help with.

    He doesn't know if he should sell here and buy in the UK or just import the car to the UK and trade over there.

    He will be in the UK for a minimum of 18 months. He will be entitled to import the car to sell.
    It is an Irish car with a valid NCT and 90k miles. I reckon its worth about €1900.
    The car is over in England with him at the moment and would cost about €300 to bring back over here to sell.
    Also, there is the option to just keep the car.

    Would it be cost effective or worth it to sell/trade the car in the UK, or would he be better off selling the car straight here as a private sale on DD?

    Any opinions or suggestions are greatly welcome.
    Thanks.


Comments

  • Registered Users, Registered Users 2 Posts: 2,903 ✭✭✭cadaliac


    Bump - any opinions?


  • Registered Users, Registered Users 2 Posts: 84,761 ✭✭✭✭Atlantic Dawn
    M


    It will cost about £50 to reregister it in the UK, then you need to have it MOT'd which could bring up more bills. Given the age of the car there probably won't be a whole difference in selling in UK or Ireland, price will be more or less the same.

    If it was me what I would try to do is time a trip back when he intended to come back anyway and bring the car back with him and then sell. Could be a pain selling it here though if he remains in the UK and you are trying to sell on his behalf with you not being the registered owner. You don't mention if there's tax on the car, if there isn't and it's brought back here the ideal thing to do would be transfer it to you to clear any liabilities to retax it and then sell it.


  • Registered Users, Registered Users 2 Posts: 2,903 ✭✭✭cadaliac


    It will cost about £50 to reregister it in the UK, then you need to have it MOT'd which could bring up more bills. Given the age of the car there probably won't be a whole difference in selling in UK or Ireland, price will be more or less the same.

    If it was me what I would try to do is time a trip back when he intended to come back anyway and bring the car back with him and then sell. Could be a pain selling it here though if he remains in the UK and you are trying to sell on his behalf with you not being the registered owner. You don't mention if there's tax on the car, if there isn't and it's brought back here the ideal thing to do would be transfer it to you to clear any liabilities to retax it and then sell it.

    Cheers,
    AFAIK, its taxed, for the next 3 months.I believe the NCT is up in May (not too sure). Yes MOT causes more issues. He is coming back for Easter and a wedding in July so either time he could bring the car back.
    I think spending the £50 and trading would be the way to go.
    I would sell it for him if he wishes but that leaves him without a car in the mean time, so, probably not going to happen.
    Thanks for the reply.


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