VRT Zero emissions

Smoggy

I'm getting mixed data out of Ros.ie. I have searched on a few cars that are zero emissions like the Leaf from 2013. They all come back as 14℅ VRT, But 0 Euro to pay.

Are they exempt?

colm_mcm

Smoggy wrote: »

I'm getting mixed data out of Ros.ie. I have searched on a few cars that are zero emissions like the Leaf from 2013. They all come back as 14℅ VRT, But 0 Euro to pay.

Are they exempt?

There's a rebate that reduces it. €2500

VRT rate for sub 120g is 14% so I reckon as long as the OMSP is less than 18k you don't pay VRT.

New cars get an SEAI grant too I believe. VRT on a 161 i3 with an OMSP of €39k is only €250. Don't know how that works.

Smoggy

OK - I saw information about rebates, but assumed they were only for new vehicles. Thanks for the update.

Soarer

I think your info, and maths, are out Colm.

There's a €5,000 rebate on vrt for cars with zero emissions. There's up to €2,500 of a rebate on a hybrid, which reduces by €250 per year age of car.

Doing the maths, if 14% is the lowest rate of vrt, and €5,000 is the rebate, then as long as you buy an EV with an OMSP of less than €35,714, you'll pay no vrt.
And afaik, if you buy a car for more than that, you're only paying the 14% vrt on the difference.
€50,000 EV = €2,100 VRT.

colm_mcm

Soarer wrote: »

I think your info, and maths, are out Colm.

There's a €5,000 rebate on vrt for cars with zero emissions. There's up to €2,500 of a rebate on a hybrid, which reduces by €250 per year age of car.

Doing the maths, if 14% is the lowest rate of vrt, and €5,000 is the rebate, then as long as you buy an EV with an OMSP of less than €35,714, you'll pay no vrt.
And afaik, if you buy a car for more than that, you're only paying the 14% vrt on the difference.
€50,000 EV = €2,100 VRT.

I've no doubt that you're right about the figures! I was thinking of hybrids alright
Either way for most used elec cars, (I.e Leafs)you'd be dodging VRT.