bmw x5 commercial insurance (21) ye

eiretylergill

Hey guys. I recently purchased a 2002 commercial bmw x5. Has anybody an idea where would I be able to insure it and how to go about it as I don't have a registered company. Thanks for your time.

vandriver

You didn't check before buying??

eiretylergill

vandriver wrote: »

You didn't check before buying??

No I didn't cause I got it for very little and if I can't insure it ill just sell it on.

Atlantic Dawn

Somewhere between 1000 and 5000 based on the driving experience and insurance history you provided in your opening post.

eiretylergill

Atlantic Dawn wrote: »

Somewhere between 1000 and 5000 based on the driving experience and insurance history you provided in your opening post.

Ah not bad but how should I go about it ? Don't you have to have a company registered to insure a van ?

djimi

You can just insure it privately can you not?

eiretylergill

djimi wrote: »

You can just insure it privately can you not?

But does that mean that the tax is gonna be as it is for a passenger bmw x5? The only reason why I want to insure it is to pay cheap tax

djimi

I would assume so, yes. Youre not a commercial customer, youre not entitled to commercial tax.

wonski

eiretylergill wrote: »

But does that mean that the tax is gonna be as it is for a passenger bmw x5? The only reason why I want to insure it is to pay cheap tax

Ha, if it was that easy.

Forget about the tax.

Are you 21 years old btw? If you are then the insurance won't be easy to get at all.

eiretylergill

eiretylergill wrote: »

But does that mean that the tax is gonna be as it is for a passenger bmw x5? The only reason why I want to insure it is to pay cheap tax

You don't need commercial insurance to get commercial tax, they are separate.

wonski

Insuring a car taxed as commercial privately may open another can of worms. Most - if not all - private policies exclude commercial use. Very shady area if you ask me.

Renegade Mechanic

eiretylergill wrote: »

Hey guys. I recently purchased a 2002 commercial bmw x5. Has anybody an idea where would I be able to insure it and how to go about it as ****I don't have a registered company.**** Thanks for your time.

Sorry mate, you may sell it on. They closed that loophole years ago. If you cannot provide a company vat number and prove its yours, you cannot tax a commercial vehicle.

Renegade Mechanic

Renegade Mechanic wrote: »

Sorry mate, you may sell it on. They closed that loophole years ago. If you cannot provide a company vat number and prove its yours, you cannot tax a commercial vehicle.

I know plenty of people using commercial vehicles, taxed commercially for semi or total private use (commuting etc).

The_Pretender

Issac Swift Barium wrote: »

I know plenty of people using commercial vehicles, taxed commercially for semi or total private use (commuting etc).

Using a commercially taxed vehicle for anything other than for commercial purposes is against the law.

Now obviously boards.ie isn't going to allow people to talk about how to break the law.

wonski

The_Pretender wrote: »

Using a commercially taxed vehicle for anything other than for commercial purposes is against the law.

Now obviously boards.ie isn't going to allow people to talk about how to break the law.

Are you a moderator? Or a verified representative of Boards.ie?

No, but you pretend to.

Nowhere in these thread we suggested anything like this, an opposite actually. If you find it i will go to Garda station meself and ask them to lock me up for being an accessory to the crime. Why to bring this up?

The_Pretender

wonski wrote: »

Are you a moderator? Or a verified representative of Boards.ie?

No, but you pretend to.

Did the name give it away

Nowhere in these thread we suggested anything like this, an opposite actually. If you find it i will go to Garda station meself and ask them to lock me up for being an accessory to the crime. Why to bring this up?

I do understand that that most of the people on the thread are saying that it shouldn't be done. However someone made a reference to knowing plenty of people who do use a commercially taxed vehicle for private use, so I thought I would just point that there is no grey area when it comes to it - it is against the law.

djimi

Issac Swift Barium wrote: »

I know plenty of people using commercial vehicles, taxed commercially for semi or total private use (commuting etc).

I know plenty of people who dont pay motor tax also. And I know plenty of learners who behave like they are licensed drivers.

pcardin

You won't get any reasonable insurance (if any at all) I'm affraid so put back for sale. I'm looking for commercial X5 so when u put for sale let me know and send a link.

dgt

Last time I got a reasonable quote on a van I was 18. €600 for the year with a TD100 (and I stupidly didn't take it!). Things changed shortly after that

That was 6 years ago OP, since then I've found it impossible to get quoted on a van for that price. Mind you, the car insurance has come down to near that level, so meh

Saucy McKetchup

Renegade Mechanic wrote: »

Sorry mate, you may sell it on. They closed that loophole years ago. If you cannot provide a company vat number and prove its yours, you cannot tax a commercial vehicle.

You don't need a company VAT number but you do need to be registered either as self employed or as a company to avail of commercial tax.
You also cannot tax it commercially and insure it privately, the insurance companies know what tax band it is on when you ring up.

Try insuremyvan.ie, they do both commercial and private insurance, I got a great quote off them just this morning.

The_Pretender

The_Pretender wrote: »

Did the name give it away




I do understand that that most of the people on the thread are saying that it shouldn't be done. However someone made a reference to knowing plenty of people who do use a commercially taxed vehicle for private use, so I thought I would just point that there is no grey area when it comes to it - it is against the law.

There is plenty of grey areas, it's next to impossible to use a vehicle for only commercial use. Every farmer in the country for instance has no problem taxing their commercial 4x4's, crew cabs etc and also using then as their family car or as one of their family cars etc. I wouldnt pay private tax on something that can be taxed commercially under any circumstances.

The_Pretender

Issac Swift Barium wrote: »

There is plenty of grey areas, it's next to impossible to use a vehicle for only commercial use. Every farmer in the country for instance has no problem taxing their commercial 4x4's, crew cabs etc and also using then as their family car or as one of their family cars etc.

Goods only declaration:
http://www.environ.ie/en/LocalGovernment/MotorTax/PublicationsDocuments/FileDownLoad,23874,en.pdf

In the eyes of the law, there are no grey areas on this. In order to avail of much cheaper tax, you agree to only use that vehicle as a goods vehicle. Ideally you would be allowed use it for small trips etc. but it would be too hard to police. I know of people who have been done by the gardai because they were using commercially taxed vehicles for private use.

I wouldnt pay private tax on something that can be taxed commercially under any circumstances.

That's understandable if your primary reason for is for business. I might do the same myself. But if someone was to tax a vehicle as commercial even though it is never/very rarely used for business then that's just taking the piss.

corktina

Renegade Mechanic wrote: »

Sorry mate, you may sell it on. They closed that loophole years ago. If you cannot provide a company vat number and prove its yours, you cannot tax a commercial vehicle.

that's not quite right. You can make a declaration that you won't be using it for any non-commercial use. Amounts to the same thing...you can't legally tax a Commercial as a commercial and use it privately...that "loads of people" do it is beside the point.

Cleveland Hot Pocket

Saucy McKetchup wrote: »

You don't need a company VAT number but you do need to be registered either as self employed or as a company to avail of commercial tax.
You also cannot tax it commercially and insure it privately, the insurance companies know what tax band it is on when you ring up.

Try insuremyvan.ie, they do both commercial and private insurance, I got a great quote off them just this morning.

Really?
A lot of people I know that have american pickup trucks and vans have them insured privately but taxed commercially (and only use them privately to go to shows etc).

Dangerous word that, in the wrong hands. "Cannot"
Please don't say things that blatantly aren't true.

Cleveland Hot Pocket

Issac Swift Barium wrote: »

There is plenty of grey areas, it's next to impossible to use a vehicle for only commercial use. Every farmer in the country for instance has no problem taxing their commercial 4x4's, crew cabs etc and also using then as their family car or as one of their family cars etc. I wouldnt pay private tax on something that can be taxed commercially under any circumstances.

+1
Sure the guys down at the DOE center would be laughin' at you for being such a mug!

Renegade Mechanic

corktina wrote: »

that's not quite right. You can make a declaration that you won't be using it for any non-commercial use. Amounts to the same thing...you can't legally tax a Commercial as a commercial and use it privately...that "loads of people" do it is beside the point.

Fair enough but there's guards going around schools to catch people in commercial vehicles just picking up their kids so tbh its safest to follow the law to the letter on this one.

Renegade Mechanic

Cleveland Hot Pocket wrote: »

+1
Sure the guys down at the DOE center would be laughin' at you for being such a mug!

I would. Id happily get a Navara for private use

eiretylergill

wonski wrote: »

Ha, if it was that easy.

Forget about the tax.

Are you 21 years old btw? If you are then the insurance won't be easy to get at all.

Yea I am 21. My father has a company so I asked in my insurance company if they could do something for the both of us but unfortunately they can't insure us both for some reason.

Cleveland Hot Pocket

Renegade Mechanic wrote: »

I would. Id happily get a Navara for private use

Are you saying you'd laugh too or you'd tax it privately?
If you'd pay 1500 odd p/a when you could also pay 333, you are quite the renegade!

Renegade Mechanic

Cleveland Hot Pocket wrote: »

Are you saying you'd laugh too or you'd tax it privately?
If you'd pay 1500 odd p/a when you could also pay 333, you are quite the renegade!

Id be the one being laughing at.. Id pay the tax (2.5 dCi... €1,050?) for the freedom to do whatever with it without some red faced garda trying to take it off me

Cleveland Hot Pocket

Renegade Mechanic wrote: »

Id be the one being laughing at.. Id pay the tax (2.5 dCi... €1,050?) for the freedom to do whatever with it without some red faced garda trying to take it off me

I borrowed one such veeehicle and went through a checkpoint, not so much as a question asked.

eiretylergill

pcardin wrote: »

You won't get any reasonable insurance (if any at all) I'm affraid so put back for sale. I'm looking for commercial X5 so when u put for sale let me know and send a link.

Ok cool well I'm gonna keep trying and if I don't succeed ill contact you..

Cleveland Hot Pocket

eiretylergill wrote: »

Ok cool well I'm gonna keep trying and if I don't succeed ill contact you..

I'd be interested as well if you're selling
Seeing as I could get it taxed commercially and insured privately

JC01

eiretylergill wrote: »

Yea I am 21. My father has a company so I asked in my insurance company if they could do something for the both of us but unfortunately they can't insure us both for some reason.

Your father has his own company? Put the x5 in the COMPANY'S name, add it too the company policy and bobs your uncle. Just don't take no for an answer, no insurance crowd is gonna jump at the chance to cover you but be persistent and you'll get it.

Renegade Mechanic

Cleveland Hot Pocket wrote: »

I borrowed one such veeehicle and went through a checkpoint, not so much as a question asked.

My luck with the law has been.... "poor"..

Saucy McKetchup

Cleveland Hot Pocket wrote: »

Really?
A lot of people I know that have american pickup trucks and vans have them insured privately but taxed commercially (and only use them privately to go to shows etc).

Dangerous word that, in the wrong hands. "Cannot"
Please don't say things that blatantly aren't true.

Using a privately insured vehicle for commercial reasons would make the insurance void
Which raises a lot of questions about your claims about your friends, bring their American pick-up trucks to shows requires more than private insurance, maybe you should get them to check their policies;)

Gumbo

Quinn Direct quoted me €650 last month for a commercial X5 3.0d and the same for the 4.8is V8. The commercial policies are based on loading capacities, so the engine CC makes no difference.

Told them I have no business, would be commuting to work, but carried my site gear in the back for site inspections.

I taxed my dads Transit the other day, no vat number required.

Cleveland Hot Pocket

Saucy McKetchup wrote: »

Using a privately insured vehicle for commercial reasons would make the insurance void
Which raises a lot of questions about your claims about your friends, bring their American pick-up trucks to shows requires more than private insurance, maybe you should get them to check their policies;)

But it isn't being used for commercial use.
It is being used for vintage/display and use at shows which is explicitly prescribed as covered in the insurance cert.
They are covered by their insurance, the only question is taxation.

pudzey101

haha i remember when i had a van when i was 18 just had to give them me social welfare number and say i was a sole trader and i got commercial tax insurance the lot !! cant work through that loophole anymore tho !! sell it on imo to a person that actually NEEDS an X5 for commercial use..

For Forks Sake

Renegade Mechanic wrote: »

Sorry mate, you may sell it on. They closed that loophole years ago. If you cannot provide a company vat number and prove its yours, you cannot tax a commercial vehicle.

Or, if you're a farmer, a herd number will suffice. Something I never knew until the father in law told me recently after he bought a commercial Grand Vitara (he is actually a farmer, before the high horse brigade decide to light on me)

For those happy to make false goods only declarations (in counties where such a declaration is required) using any ole VAT number isn't a problem to them either.

PeteK*

Wow, I never knew you had to have a VAT Number to use a commercial vehicle!
I often considered getting a commercial jeep for handiness with having a dog.
Only to be used privately and not for work or anything like it!

So I guess it'll never happen!

corktina

no problem, just tax and insure it privately

wonski

PeteK* wrote: »

Wow, I never knew you had to have a VAT Number to use a commercial vehicle!
I often considered getting a commercial jeep for handiness with having a dog.
Only to be used privately and not for work or anything like it!

So I guess it'll never happen!

I would have 4 dogs if this would allow me to pay a commercial tax on the car:D And I would put most of the saving towards the cost of the dog food, grooming and anything really.

You don't need a commercial to drive your dogs, do you? And even if you do, you have to tax it privately, unless your business is dogs related;)

Theanswers

Business Ins usually includes social,domestic and pleasure. So you have no problem using the car/ van for running to the shops.

Guards have better things to be at.

Don't sell the jeep, you will get insured/ taxed.

wonski

Theanswers wrote: »

Business Ins usually includes social,domestic and pleasure. So you have no problem using the car/ van for running to the shops.

Guards have better things to be at.

Don't sell the jeep, you will get insured/ taxed.

But he wants to insure it privately, and tax as a commercial.

Most private policies do not allow commercial use - some do add Class 2 if commuting ( NoNonsense).

This will be very hard to explain why you declared it as a commercial for tax purposes, and then insured it for Social, Domestic and Peasure, won't it?

Cleveland Hot Pocket

Theanswers wrote: »

Business Ins usually includes social,domestic and pleasure. So you have no problem using the car/ van for running to the shops.

Guards have better things to be at.

Don't sell the jeep, you will get insured/ taxed.

This tbh

PeteK*

corktina wrote: »

no problem, just tax and insure it privately

But I would have hoped to benefit from the cheaper tax. :pac:

Theanswers wrote: »

Don't sell the jeep, you will get insured/ taxed.

What if there was an accident, would they still cover him?

Cleveland Hot Pocket

PeteK* wrote: »

But I would have hoped to benefit from the cheaper tax. :pac:


What if there was an accident, would they still cover him?

If he has a private policy that makes no reference to taxation class then yes
If the policy states the car must be taxed privately then no

Theanswers

Tax it as a commercial.
Insure it whilst also including social demestic and pleasure as most commercial insurance policies do.

It can and is done, everyone in the country is at it. I can't blame people.

Tail Docker

kceire wrote: »

Quinn Direct quoted me €650 last month for a commercial X5 3.0d and the same for the 4.8is V8. The commercial policies are based on loading capacities, so the engine CC makes no difference.

Told them I have no business, would be commuting to work, but carried my site gear in the back for site inspections.

I taxed my dads Transit the other day, no vat number required.

Eh?