Estimate my VRT!

s8n

Folks -

Am looking at bringing this down south, but I suspect that with the extras the VRT would be greater than €7834 quoted on VRT site.

http://www.approved.bmw.co.uk/bmwuk/bmwauc/details/0,,1156___ask-36%40adm-xx,00.html?ch=_V0JBRlcxMjA0MEQyNzUyOTE=&btp=1x24-distance_ASC|list

Anyone more educated in these things care to take a guess ?

christy02

What's a smokers package?

Avns1s

Did you select "M Sport" as your model?

It looks like a standard M Sport (perhaps apart from the 19" wheels) so I don't know why there'd be extras.

68 lost souls

Lovely car if you do bring it in.

Christy I'm assuming the smokers package is an ash tray and working cigarette lighter as many companies are now leaving that out and just putting a cover on the plug socket.

Avns1s

And not badly priced either when you calculate it all - for a car that would cost in the region of €57 - 58K new here.

s8n

so are your thoughts that €7834 is enough to clear it (it is well priced btw)

MidlandsM

When you go to VRT it, be sure that the minnions down the nct centre will immediately send off the chassis number to rosslare (to cover their ass's) for the traditional creation of a number to give you a damn good rogering and spanking with, because its a 2013.

That you can be sure of.

bazz26

That F10 also has Dynamic Dampening Control which is an optional extra so that will be liable to VRT too OP.

Kopparberg Strawberry and Lime

VRT is a crock of crap.

You know i've seen the system. Its basically your man behind the counter going out to look at the car and then going back to the computer and picking the closet one.

might aswell be inne meanie mony mo.

when i got my car into vrt the guy said , "Eh yeah, that'll be 900 please" i said no..... he refused to re do it. i got the print out from their site vrt calculator and he still refused (should only be 500) told me to pay it and appeal it.

i didn't... called up an old NCT friend of mine since i worked there and kept some contacts

arranged for me to go to a different center straight away to have it re-done and your man that did it was dead sound and took every point and studied it hard for a day or two and came back to me with the cheaper option, after clearing it with revenue.

so i only paid the cheaper one !

so be very careful OP !

Avns1s

bazz26 wrote: »

That F10 also has Dynamic Dampening Control which is an optional extra so that will be liable to VRT too OP.

I'm not saying you're incorrect, but where in the ad do you see that?

bazz26

Avns1s wrote: »

I'm not saying you're incorrect, but where in the ad do you see that?

It's the two buttons to the right of the gear shifter.




Also noticed the paddle shift on the steering wheel which means it has the upgraded 8 speed auto box and also has auto dimming and folding exterior mirrors so more shafting in VRT.

s8n

Can anyone estimate by how much ?

Avns1s

bazz26 wrote: »

It's the two buttons to the right of the gear shifter.




Also noticed the paddle shift on the steering wheel which means it has the upgraded 8 speed auto box and also has auto dimming and folding exterior mirrors so more shafting in VRT.

Those buttons just control the gearbox shifting between sports, comfort and Eco modes in the m sport.

I would think if the adaptive dynamic suspension was fitted, it'd be in the list of features. It's rare enough in uk and irl cars.

bazz26

Avns1s wrote: »

Those buttons just control the gearbox shifting between sports, comfort and Eco modes in the m sport.

I would think if the adaptive dynamic suspension was fitted, it'd be in the list of features. It's rare enough in uk and irl cars.

Nope, I have something similar in my CC, they are different comfort settings for the electronic dampeners. I've seen it on manual BMWs too so not the auto modes.

Here it is:

https://www.youtube.com/watch?v=GqbNLxCpQsg

Avns1s

bazz26 wrote: »

Nope, I have something similar in my CC, they are different comfort settings for the electronic dampeners. I've seen it on manual BMWs too so not the auto modes.

Here it is:

https://www.youtube.com/watch?v=GqbNLxCpQsg

Well, the car could possibly have the active dynamic suspension but the buttons are not the evidence of it. I have very direct experience of the M Sport F10s and all have these buttons which control the auto box as I mentioned earlier. Very few in these parts have the suspension options. So in a nutshell I am still very much of the opinion that if it was fitted, it would have been listed by the dealer in that advert.

Gumbo

s8n wrote: »

Can anyone estimate by how much ?

My mams is almost identical spec except August 2013 car, wide screen pro nav and the vrt was just shy of 8k I beieve. Ill route out the receipt if I am in her house over the weekend. It was only paid a few weeks ago.

The extras on your linked car include :

Privacy glass.
19" wheels.
Folding mirrors.
Sports box with paddle shift.

I thought the dynamic control was standard on the F10 now as every one I've seen has them buttons to the side of the shifter.

s8n

kceire wrote: »

My mams is almost identical spec except August 2013 car, wide screen pro nav and the vrt was just shy of 8k I beieve. Ill route out the receipt if I am in her house over the weekend. It was only paid a few weeks ago.

The extras on your linked car include :

Privacy glass.
19" wheels.
Folding mirrors.
Sports box with paddle shift.

I thought the dynamic control was standard on the F10 now as every one I've seen has them buttons to the side of the shifter.

appreciate the feedback - very helpful.

s8n

Any more thoughts from anyone ?

Stella Virgo

https://www.ros.ie/evrt-enquiry/vrtenquiry.html?execution=e1s2
this should give you an estimate...........

Gumbo

Stella Virgo wrote: »

https://www.ros.ie/evrt-enquiry/vrtenquiry.html?execution=e1s2
this should give you an estimate...........

Doesn't take account of VRT on extras which the OP specifically stated in his opening post. He is trying to get as close as accurate valuation possible.

I personally would contact the dealer, get the VIN number and email VRT in Rosslare for an accurate quote.

R.O.R

kceire wrote: »

The extras on your linked car include :

Privacy glass.
19" wheels.
Folding mirrors.
Sports box with paddle shift.

Options prices in Ireland, from April 2013

Sun Protection Glass (Privacy Glass) - €446.11
Media Pack BMW Business Advanced - €2,353.66
19" Alloy Wheels - €1,852.81
Sports Steering Wheel with shift paddles - €203.35
Metallic - €984.50
Also has the M-Rear Spoiler @ €284.59

Can't find a figure for the folding mirrors - currently €451.90 and would have been roughly the same.

Probably get hit with 75% of the cost of the extra's for VRT, so €4,593.77 (75% of €6,125.02) @ 18% VRT

kceire wrote: »

I thought the dynamic control was standard on the F10 now as every one I've seen has them buttons to the side of the shifter.

It's standard on all BMW's now I think. Saw it on a 316d ES last month.

OP - If you can find a July 13 5 Series (LCI Model) then Auto was free in Ireland (July to September) and Business Nav (and Xenon's) were standard.

s8n

Thanks for the comprehensive response, so are you estimating i could get hit with an extra €4500 on top of the initial vrt estimation ?

R.O.R

s8n wrote: »

Thanks for the comprehensive response, so are you estimating i could get hit with an extra €4500 on top of the initial vrt estimation ?

I'm not 100% sure of how these things are worked, but I reckon another €826.88, on top of the figure from the Revenue calculator.

That's 18% (the VRT rate) of €4,593.77

s8n

R.O.R wrote: »

I'm not 100% sure of how these things are worked, but I reckon another €826.88, on top of the figure from the Revenue calculator.

That's 18% (the VRT rate) of €4,593.77

Phew - that makes more sense, I read the previous post on my phone and nearly fell off my chair !!

kooga

19" M Double-spoke style 351M alloy whee

Ext. mirrors - folding. auto dimming
Fine Brushed Aluminium interior trim
Loudspeaker system - BMW Advanced
M rear spoiler
Media package - BMW Business Advanced
Metallic paint
Sport automatic transmission
Sun protection glass

the vrt quote you got is for a standard 2013 m sport the above are extras and will all have their own VRT value

i have uploaded bmw uk july 2013 estate brochure to give an indication of options prices ( no diff between estate and saloon for options) Hope this helps

s8n

many thanks for the help.

Test drove it today and fell in love. Hell of a car.

R.O.R

kooga wrote: »

i have uploaded bmw uk july 2013 estate brochure to give an indication of options prices ( no diff between estate and saloon for options) Hope this helps

UK options prices are meaningless for VRT, much like UK car prices.

Also, the July 2013 brochure is for the LCI model, which has different standard equipment, options and options prices, than the pre-LCI model.

NIMAN

Are folding mirrors really something you can get charged extra for?

Nearly standard on all cars these days.

R.O.R

NIMAN wrote: »

Nearly standard on all cars these days.

For example?

timmy4u2

You have to go by the spec in Ireland.
If you have extras as per irish spec they you will pay VRT on the total cost of the extras at the stated % on a sliding scale up to and including four tears old

delly

NIMAN wrote: »

Are folding mirrors really something you can get charged extra for?

Nearly standard on all cars these days.

A radio is standard on every car, but if it was an extra on the particular car you are bringing in, then you have to pay.

The car linked is very nice I have to say, very good value as well. Regardless of what the end VRT figure is, make sure you appeal it once paid and you may be lucky.

s8n

delly wrote: »

A radio is standard on every car, but if it was an extra on the particular car you are bringing in, then you have to pay.

The car linked is very nice I have to say, very good value as well. Regardless of what the end VRT figure is, make sure you appeal it once paid and you may be lucky.

How does an appeal work ?

delly

s8n wrote: »

How does an appeal work ?

Essentially you have to give evidence to the Revenue that you feel the VRT charge was too high. This has to be supported by referencing retail values for similar cars on sale down here, or a valuation from a dealer. It is not something I personally know about, but from what I have heard from a family member the process is one which they do send partial refunds back if a strong case is put forward. It is a nothing to lose type scenario.

http://www.revenue.ie/en/tax/vrt/leaflets/vrt-appeals.html

bbari

Hi all,

Sorry for asking the question on existing post, because I only joined today, I can't start new thread.

I wonder if you guys can help me here.

I am expecting my new 5 series to be delivered in the UK in a couple of days time.

I understand that for the old cars you go to the NCT centre. As this is a brand new car, will I have to go to the NCT centre for the valuation too or I will need to go to somewhere else ?

According to the VRT calculator, VRT works out €8,500 and thats for M Sport, Auto. Only extra I got is Pro Media pack.

NIMAN

bbari

I think if you are buying a new car in the UK (i.e. less than 6 months old and less than 6000km) then you will be liable for Irish VAT on your purchase. I could be wrong on some of the figures, but someone will correct me if I am.

I brought a demo car in from NI 4 years ago and I had to pay VAT in Ireland, getting it VAT free in NI as it was being exported.

bbari

NIMAN - Many thanks for your response.

I understand that I will have to pay VRT as its a brand new car. You must have bought it from the garage thats why they didn't charge the VAT on the invoice and classed it as an export invoice ? on what figure Revenue charge the VAT ? is it the value of the invoice (Net or Gross?) they charge the 23% VAT on ? I will be paying the VAT in the UK but I will be getting it refunded from HMRC at later stage.

Where did you bring your car for VRT assessment ?

NIMAN

I had to pay VRT and VAT. Both of these were done at the Revenue office in Donegal town, which was the location I was told I would have to go to. This was before VRT assessments were started at the NCT centres though.

Re: your VAT, I think once the car is < 6months old or <6000km then you have no choice but to pay VAT in Ireland. At least thats what I was lead to believe, and it was the NI garage/dealer who told me that as well. I checked with the Irish Revenue and they confirmed. The local dealer then took off the UK VAT and I paid Irish VAT on the total invoice price.

bazz26

All cars are assessed for VRT through the NCT. Has to be booked for VRT inspection within 7 days of entering the State, VRT and registration has to be completed within 30 days.

bbari

So lets say if my invoice is 30K (net) + 6K (vat) = 36K (total gross) - Will Irish Revenue charge the 23% VAT on 30K or 36K ?

This is new information for me that VRT can be paid at NCT , thanks for this info as NCT centre is down the road from where i live.

bbari

Thanks Bazz26, I was under the impression that u go to NCT centre to get NCT but sure u don't need NCT if you car isn't older than 3/4 years..

naughtysmurf

Kopparberg Strawberry and Lime wrote: »

when i got my car into vrt the guy said , "Eh yeah, that'll be 900 please" i said no..... he refused to re do it. i got the print out from their site vrt calculator and he still refused (should only be 500) told me to pay it and appeal it.

i didn't...

Different figures but the very same thing happened to a mate of mine very recently, he appealed it including the print out from their vrt site calculator & was refunded fully pretty quickly....seems to be a bit of a sh1te system if the vrt values can change throughout the year, should be fixed for at least six months surely

NIMAN

I think you will be charged 23% on the 30k, but Don't quote me on that!

Also, not all NCT centres can perform the VRT inspection afaik.

I have a local NCT centre in Carndonagh but we still have to take our imports to Letterkenny as Carndonagh can't do them. So no guarantee your closest NCT Centre will be able to do yours.

bazz26

I don't think they go by what you paid for the car in the UK, they don't care what you paid for it in another country, it would be based on the pre tax price of the same car on sale here I would imagine.

R.O.R

bazz26 wrote: »

I don't think they go by what you paid for the car in the UK, they don't care what you paid for it in another country, it would be based on the pre tax price of the same car on sale here I would imagine.

It's based on the UK invoice cost, for VAT.

Hope he's getting a decent discount off the list in the UK - last time I ran the figures (couple of months ago), BMW's were working out a little more expensive in the UK than here, list price compared to list price.

bbari

R.O.R wrote: »

It's based on the UK invoice cost, for VAT.

Hope he's getting a decent discount off the list in the UK - last time I ran the figures (couple of months ago), BMW's were working out a little more expensive in the UK than here, list price compared to list price.

Yes, I am getting a decent discount in the UK. BMW UK won't sell me with an Irish address due to their agreement with the BMW. Hence I have to use a UK address and therefore I'll be paying the VAT, which I'm hoping to get refunded from HMRC + couple of extras are included as standard.

One things which makes sense that Revenue will be charging the VAT on the net figure (ex vat) as they can't charge the vat on the vat included value.


Hoping VRT guys won't have problem with the discount figure on the invoice and will charge me VAT on the net figure after the discount.

NIMAN

You say you are hoping to get the VAT refunded in the UK?

I'd need to be 100% sure it was going to happen before buying, you don't want to be paying 2 VATs.

bbari

NIMAN -
I know few people personally who got refund from HMRC so yes I'm 100% sure about it. HMRC does take their time (2/3 months) but you do get it back eventually. Its a matter of scanning/emailing em the proof of the VAT payment you made to Irish Revenue and then you will get it back.
Can you please re-confirm that the VAT was calculated based on the invoice you provided and not based on the market value of the car ?

R.O.R

What extra's are standard? If they aren't standard in Ireland, you'll get hit for VRT on the Irish price of them.

No idea how you have to pay the VAT to Revenue, but that is probably separate to the VRT payable to the NCT.

To work it out, get the UK invoice price (say £35,000). Remove UK VAT @ 20% (£29,166.67). Convert to € - €35,813.33.

Add 23% for Irish VAT - €44,050.40, then add the VRT on top. At €8,500 that comes to €52,550.40

bbari

R.O.R wrote: »

What extra's are standard? If they aren't standard in Ireland, you'll get hit for VRT on the Irish price of them.

No idea how you have to pay the VAT to Revenue, but that is probably separate to the VRT payable to the NCT.

To work it out, get the UK invoice price (say £35,000). Remove UK VAT @ 20% (£29,166.67). Convert to € - €35,813.33.

Add 23% for Irish VAT - €44,050.40, then add the VRT on top. At €8,500 that comes to €52,550.40

Many thanks ROR.
Full Black Panel Display - You defo don't get this here as standard and i think its around €600.
Xenon lights, I'm not so sure but I think you have to pay extra for those here too.
Also got Pro Media which works out €1400 but i think its €2K here, sure I need to pay vrt on €2k!

Thank you for running the numbers, this is exactly what my understanding was too.

Revenue offices in Tallaght - this is where my friends paid the VAT when they bought the brand new car last year.

NIMAN

bbari wrote: »

NIMAN -
I know few people personally who got refund from HMRC so yes I'm 100% sure about it. HMRC does take their time (2/3 months) but you do get it back eventually. Its a matter of scanning/emailing em the proof of the VAT payment you made to Irish Revenue and then you will get it back.
Can you please re-confirm that the VAT was calculated based on the invoice you provided and not based on the market value of the car ?

It was 4 yrs ago, but I am 99% sure that Revenue took a copy of my invoice from the NI dealer and then calculated from that.

Gumbo

bbari wrote: »

Many thanks ROR.
Full Black Panel Display - You defo don't get this here as standard and i think its around €600.
Xenon lights, I'm not so sure but I think you have to pay extra for those here too.
Also got Pro Media which works out €1400 but i think its €2K here, sure I need to pay vrt on €2k!

Thank you for running the numbers, this is exactly what my understanding was too.

Revenue offices in Tallaght - this is where my friends paid the VAT when they bought the brand new car last year.

Full black panel display is standard on every F10 now, so is xenons on every F10 after July 2013. The only extra you have there is pro media which is the wide screen nav, and I think that included Bluetooth streaming from the phone, that's what the F10 in my house came with.