Converting commercial Ford Kuga to private use

Royaler2014

Hi All,

Would appreciate some help on this if anyone knows.

I'm looking to purchase a Commercial four seater 2015 Ford Kuga Zeneca 2 litre from a business owner i know.

-Can i tax it as a four-seater for private use (no fifth seatbelt in middle back seat) with the tax office? Are there any other conditions for converting commercial to private for this type of vehicle.


I've had two days in a row with over a 40 minute wait on hold with the tax office, should have came here first!

TrailerBob

You can, but you may be liable for VRT as it is higher on a passenger vehicle than the original commercial rate. Other than that sending the registration cert to Shannon listing change of use to change the tax class.

Royaler2014

TrailerBob wrote: »

You can, but you may be liable for VRT as it is higher on a passenger vehicle than the original commercial rate. Other than that sending the registration cert to Shannon listing change of use to change the tax class.

Thanks for quick response Bob.

How do i go about working out the possible VRT implications? In order to work out if cheaper buying another jeep..

TrailerBob

Not sure, as the last time I did this it was on a 12 year old van and no VRT liable. I’m sure someone will be along to fill in the blank

draycottgirlz

Royaler2014 wrote: »

Thanks for quick response Bob.

How do i go about working out the possible VRT implications? In order to work out if cheaper buying another jeep..

This can be problematic process and you might not get get a cost until you are completing the process with revenue....

Royaler2014

Thank you.

Great to see revenue make it so easy when trying to be tax compliant !!!

draycottgirlz

Royaler2014 wrote: »

Thank you.

Great to see revenue make it so easy when trying to be tax compliant !!!

Yip, tbh the jeep might hold more value remaining commercial depending on a few factors

R.O.R

You can change the tax class to private and it's based on engine size - reasonable if it's a newer 1.5, but a touch pricey if it's the older 2.0 version.

You will probably run in to problems insuring it though as it's a commercial, and that's why the resale value of the 4 seat is appalling compared to the 5 seat model. It's more hassle than it's worth to get it reclassified from N1 commercial to M1 passenger.

colm_mcm

Will you have issues as it’s down as a factory 4 seater?

Royaler2014

From the feedback from insurers, it shouldn't be any hassle to get private insurance on it. Should know some more in a couple of weeks will let you know.

brener.c

Hi .as far as l know you can go online and get vrt calculation .just Google vrt.ie .I know from looking at importing a car from northern Ireland that you can get a fairly good estimate as you have to supply make,model.engine size ,mileage and so on. It's worth checking out.

colm_mcm

Just note that VRT.ie isn’t an official site. The calculator is on the Revenue website.

brandonw123

How did you get on with the conversion?
Did you go ahead with it?
I’m considering something similar at present.