Importing an e-Tron (new) from the UK

catharsis

Say I wanted to import an e-tron from the UK where the Launch edition in particular has much better spec than the Irish equivalent.

If I understand everything correctly, when I actually looked into it it turns out that the car would be over 10K cheaper if purchased form the UK as well as having a better spec?

Can someone confirm my calculations below?

1 take the UK price and convert to Euro.
2. divided by 1.2 to get an ex-Vat UK Price (or is there some other basis (what is the UK vat rate, 20%?)
3. multiply by 1.23 to get an Irish inclusive of-vat price.
4. Multiply by 1.14 to get the price inclusinve of VRT
5. subtract EUR 5K to account for the VRT rebate which I assume still applies if importing?

Can anyone sanity-check my calculations?

Basically I think one needs to add 16.85% to the Euro-equivalent sterling price and remove 5K - any reason to think that is not correct?

anything I am missing ? (and any idea how much it costs to pay someone to transport a new car from UK to Ireland?)

Round Cable

catharsis wrote: »

Say I wanted to import an e-tron from the UK where the Launch edition in particular has much better spec than the Irish equivalent.

If I understand everything correctly, when I actually looked into it it turns out that the car would be over 10K cheaper if purchased form the UK as well as having a better spec?

Can someone confirm my calculations below?

1 take the UK price and convert to Euro.
2. divided by 1.2 to get an ex-Vat UK Price (or is there some other basis (what is the UK vat rate, 20%?)
3. multiply by 1.23 to get an Irish inclusive of-vat price.
4. Multiply by 1.14 to get the price inclusinve of VRT
5. subtract EUR 5K to account for the VRT rebate which I assume still applies if importing?

Can anyone sanity-check my calculations?

Basically I think one needs to add 16.85% to the Euro-equivalent sterling price and remove %K - any reason to think that is not correct?

anything I am missing ? (and any idea how much it costs to pay someone to transport a new car from UK to Ireland?)

Make sure with Point 1 that you take the price without UK government subsidies. The rest looks more or less correct.

Soarer

Mind the VRT too.
With it being a "premium" brand, the friendly guys in the VRT office might look at the spec, compare it to the Irish version, and charge you more for all your extras.

ELM327

You will not get the UK grant so add £4500 to the UK price.
You will not get the Irish SEAI €5k grant.
You will have to pay VRT (only the part of the price below ~35k is VRT free.)
You will have to pay VAT (you may be able to purchase ex-VAT for export if you find a dealer willing to undermine central Audi dealer network

A bad idea IMO. Just buy a tesla and be done with it.

catharsis

ELM327 wrote: »

You will not get the UK grant so add £4500 to the UK price.
You will not get the Irish SEAI €5k grant.
You will have to pay VRT (only the part of the price below ~35k is VRT free.)
You will have to pay VAT (you may be able to purchase ex-VAT for export if you find a dealer willing to undermine central Audi dealer network

A bad idea IMO. Just buy a tesla and be done with it.

certainly items to be aware of as is the MSRP issue raised by Soarer, but unless I am mistaken

1. The GB grant is GBP 3500, and the quoited price for the audi doesn't include it (just as in ireland the quoted 101 is actually 91 when you remove the SEAI and VRT rebate)

2. Irish SEAI grant not received (whether 5000 or 3800 for a company) for sure.

3. is the 'only the piece of VRT under 35K VRT' that you refer to effectively the same as the 5K VRT rebate I have already included in step 5 of my OP? Or is there some other VRT wrinkle I'm not aware of? and all EVs use 14% VRT right?


4. Vat refunds are a right not a privilege, https://www.gov.uk/taking-vehicles-out-of-uk/newly-bought-vehicles - and https://www.gov.uk/guidance/vat-on-new-means-of-transport-notice-728

the section stating "this section has the force of law" is worthy of note - it's not up to anyone to refuse to sell a car because it might be (or will be) exported.

As for Tesla, I still have my model3 on order for now, but the other half cannot abide the doors on the X so that is out of the question.

ELM327

I know certain dealers (Mercedes for instance) will direct you to mercedes Ireland and the main dealers will not facilitate purchase for export of a new car when you have an indigenous dealer network. I'm not sure if Audi are the same.

VAT may be a right, but finding someone with a) experience and b)willingness to help you apply this right is a different story in the real world. Most garages like a "normal" sale.

RedorDead

catharsis wrote: »

Say I wanted to import an e-tron from the UK where the Launch edition in particular has much better spec than the Irish equivalent.

If I understand everything correctly, when I actually looked into it it turns out that the car would be over 10K cheaper if purchased form the UK as well as having a better spec?

Can someone confirm my calculations below?

1 take the UK price and convert to Euro.
2. divided by 1.2 to get an ex-Vat UK Price (or is there some other basis (what is the UK vat rate, 20%?)
3. multiply by 1.23 to get an Irish inclusive of-vat price.
4. Multiply by 1.14 to get the price inclusinve of VRT
5. subtract EUR 5K to account for the VRT rebate which I assume still applies if importing?

Can anyone sanity-check my calculations?

Basically I think one needs to add 16.85% to the Euro-equivalent sterling price and remove 5K - any reason to think that is not correct?

anything I am missing ? (and any idea how much it costs to pay someone to transport a new car from UK to Ireland?)

Step 1 Convert UK price to € - £70,805 --> €82,331 using todays fx rate (.86)
Step 2 Remove UK VAT of 20% (€13,722) = €68,609
Step 3 Add Irish VAT of 23% (€15,780) = €84,390
Step 4 Add Irish VRT of 14% (Based on Irish Price of €99,750) = €12,848
Step 5 Add VRT of €12,848 to €84,390 and you have a new car import price of €97,238

A saving of approx €2,500 before any additional costs. You can then apply for your various grants.

Only really worthwhile if you wait for 6 months and purchase an older car to save on VAT and maybe get a lower VRT amount.

catharsis

RedorDead wrote: »

Step 1 Convert UK price to € - £70,805 --> €82,331 using todays fx rate (.86)
Step 2 Remove UK VAT of 20% (€13,722) = €68,609
Step 3 Add Irish VAT of 23% (€15,780) = €84,390
Step 4 Add Irish VRT of 14% (Based on Irish Price of €99,750) = €12,848
Step 5 Add VRT of €12,848 to €84,390 and you have a new car import price of €97,238

A saving of approx €2,500 before any additional costs. You can then apply for your various grants.

Only really worthwhile if you wait for 6 months and purchase an older car to save on VAT and maybe get a lower VRT amount.

I came to that conclusion when I looked at the FX rates, I hadn't looked for a few months and thought we were still around 1.10-1.13 as it was around end-Jan.... it sure isn't!

Damn them for not falling out of the EU!! - don't they know I want to buy a car - it's so selfish of them!!

Johnboy1951

Step 4 Add Irish VRT of 14% (Based on Irish Price of €99,750) = €12,848

Is that a correct calculation?

How would this impinge on that calculation?

You will have to pay VRT (only the part of the price below ~35k is VRT free.)

Should it be

(99,750 - 35,000) x 0.14 = 9,065 ???

I have never done these calculations so am probably misinterpreting what is posted.

pdpmur

Johnboy1951 wrote: »

Is that a correct calculation?

How would this impinge on that calculation?



Should it be

(99,750 - 35,000) x 0.14 = 9,065 ???

I have never done these calculations so am probably misinterpreting what is posted.

VRT @ 14% of OMSP = 0.14 * €99750 = €13965
VRT rebate on fully electric cars, maximum available = €5000
Net VRT payable in your case = €13965 - €5000 = €8965