VRT calculation

waterfaerie

I've read that the VRT people have their own ideas about the open market selling price and they determine what they think the car is worth rather than accepting what was actually paid for it. I'm assuming this is so that they can charge a higher amount.

However, when I put my car into the VRT calculator here, their valuation is only half of what I paid. I'm wondering, in a case like this, will they go with the price I actually paid since that will get them more money? Or will they stick with their own calculations to determine the OMSP?

punisher5112

It's the market selling price that they publish but be aware this can change and also you want to be damn sure it's the exact spec and model.

Plumbthedepths

waterfaerie wrote: »

I've read that the VRT people have their own ideas about the open market selling price and they determine what they think the car is worth rather than accepting what was actually paid for it. I'm assuming this is so that they can charge a higher amount.

However, when I put my car into the VRT calculator here, their valuation is only half of what I paid. I'm wondering, in a case like this, will they go with the price I actually paid since that will get them more money? Or will they stick with their own calculations to determine the OMSP?

Are you sure you are comparing like for like? Also you are liable for the new NOX charge which can be very significant.

punisher5112

Any time I brought in a vehicle the price usually advertised was at least 5k or 10k more then purchase price, there are times where one can appeal but rarely win a case.

As mentioned by previous poster the Nox charge has made importing diesels much more restrictive which is a good thing.

Euro6 engines will be the only ones viable to bring in and if petrol the Nox max charge is €600 depending and just shy of €5k for dirty diesels, this is on top of your vrt price.

waterfaerie

It's a petrol hybrid and I have the NOx figure so that part is ok.

It's just that they want an invoice for proof of purchase so I'm wondering if they will look at what I paid for it?

I'm definitely comparing like for like. There are 3 versions listed on the VRT website and mine is a perfect match for one of them. The other two are different.

RobFowl

How do you find out if the Nox charge applies and if so how much it is?

yop

RobFowl wrote: »

How do you find out if the Nox charge applies and if so how much it is?

You took the words off my keyboard

I assumed, wrongly now, that it was part of the VRT calculation. Looks like its extra now. :mad::(

The Mulk

https://revenue.ie/en/importing-vehicles-duty-free-allowances/guide-to-vrt/calculating-vrt/calculating-the-nox-charge.aspx

In the Note section there's a spreadsheet which estimates it depending on the model.
You really need to see the nox value from the Reg Cert, and work it out from that as they can vary greatly depending on year.
Pay close attention g/km and mg/km.
UK cars can be in g/km
Calculator is in the same section of the website.

punisher5112

RobFowl wrote: »

How do you find out if the Nox charge applies and if so how much it is?

There is a spread sheet and you need to be 100% what the figure is as it's on the v5 in most cases and if not you need to be sure exact spec etc as same engine may not have same result across say 3 different models or specs.

The Mulk

waterfaerie wrote: »

It's a petrol hybrid and I have the NOx figure so that part is ok.

It's just that they want an invoice for proof of purchase so I'm wondering if they will look at what I paid for it?

I'm definitely comparing like for like. There are 3 versions listed on the VRT website and mine is a perfect match for one of them. The other two are different.

I think it's more for the purchase date than the value you paid.
I bought my newest one privately and the receipt had no value on it, just a date of change of ownership. The ferry ticket was looked for as well, as proof of import. I think it's more to stop you driving around for months on UK plates.

waterfaerie

The Mulk wrote: »

I think it's more for the purchase date than the value you paid.
I bought my newest one privately and the receipt had no value on it, just a date of change of ownership. The ferry ticket was looked for as well, as proof of import. I think it's more to stop you driving around for months on UK plates.

That makes sense and I thinks it's also for proof that you acquired the vehicle legally.

I suppose I could ask the seller to give me another receipt without the purchase price on it. There is a bit on the form where you have to fill in how much you paid for it, though. What did you put in that?

The Mulk

waterfaerie wrote: »

That makes sense and I thinks it's also for proof that you acquired the vehicle legally.

I suppose I could ask the seller to give me another receipt without the purchase price on it. There is a bit on the form where you have to fill in how much you paid for it, though. What did you put in that?

I think i just rounded it down to a Sterling Figure which was lower than the OMSP.
My receipt was written out by myself, containing the date and the person I purchased it from, although this was the address on the V5.
The VRT was exactly as per the VRT site. The guy in the NCT checks the mileage to ensure it's correct.
I was told to make sure i had the V5 when leaving the UK as this is the proof of purchase they (NCT) use.

waterfaerie

The Mulk wrote: »

The guy in the NCT checks the mileage to ensure it's correct.

What do they check the mileage against?

The Mulk

waterfaerie wrote: »

What do they check the mileage against?

Sorry, what I mean is the online calculator gives the VRT due, based on year, month mileage etc. Obviously he verifies this. I presume they also record it, similar to the NCT cert.
My VRT was exactly as estimated online, nowhere did they see a 'paid for' value for the car, other than what i put on the form.

waterfaerie

The Mulk wrote: »

Sorry, what I mean is the online calculator gives the VRT due, based on year, month mileage etc. Obviously he verifies this. I presume they also record it, similar to the NCT cert.

OK, thanks. So they just check the mileage against what you put on the form. Mine has a reasonably normal mileage so I assume it will work out ok. I'm hoping it will come out like the calculator.

The other thing is that the V5C is missing lots of information, like the model type etc. It is all obvious and written clearly on the car itself and also researching the chassis number shows the exact model as well. Do you think the V5C will be a problem? Should I bring other evidence of the exact model I have? I don't want to end up with it getting referred to Rosslare.

The Mulk

waterfaerie wrote: »

OK, thanks. So they just check the mileage against what you put on the form. Mine has a reasonably normal mileage so I assume it will work out ok. I'm hoping it will come out like the calculator.

The other thing is that the V5C is missing lots of information, like the model type etc. It is all obvious and written clearly on the car itself and also researching the chassis number shows the exact model as well. Do you think the V5C will be a problem? Should I bring other evidence of the exact model I have? I don't want to end up with it getting referred to Rosslare.

Yeah bring all you have, i'm sure they can check against the Chassis number if needed.
I found them(Naas NCT) really helpful. They run through a checklist of docs before you start, Point 3 on the webpage https://www.ncts.ie/1155
Once you have them it should be straightforward. On the 'importing from UK' thread there are people who have successfully appealed when they paid more than expected.

Plumbthedepths

waterfaerie wrote: »

OK, thanks. So they just check the mileage against what you put on the form. Mine has a reasonably normal mileage so I assume it will work out ok. I'm hoping it will come out like the calculator.

The other thing is that the V5C is missing lots of information, like the model type etc. It is all obvious and written clearly on the car itself and also researching the chassis number shows the exact model as well. Do you think the V5C will be a problem? Should I bring other evidence of the exact model I have? I don't want to end up with it getting referred to Rosslare.

They check the chassis number when inspecting the car for the Vrt they will know the exact model and spec . Just bring proof of address utility bill, import date/receipt. Your PPS number, the V5. Plus a card with the required payment as they accept a limited amount of cash.

yop

So without contacting the owner of the UK vehicle we can't tell what that NOX will be?

Plumbthedepths

yop wrote: »

So without contacting the owner of the UK vehicle we can't tell what that NOX will be?

The CO2 amount is listed on the V5. In grams, but calculated for the Nox charge in milligrammes.

Sam Russell

I imported a car recently (well last Sept) and they check the mileage for two issues. It must be over 6k kms to be second hand irrespective of its age, otherwise VAT is charged on the actual price paid, including ferry price. If the mileage is excessive for the age, they reduce the VRT.

I thought they used a very low OMSP, but it was exactly as expected from the Revenue website.

I did not have the Nox charge.

Plumbthedepths

Sam Russell wrote: »

I imported a car recently (well last Sept) and they check the mileage for two issues. It must be over 6k kms to be second hand irrespective of its age, otherwise VAT is charged on the actual price paid, including ferry price. If the mileage is excessive for the age, they reduce the VRT.

I thought they used a very low OMSP, but it was exactly as expected from the Revenue website.

I did not have the Nox charge.

Nox charge has only been applied since Jan 1st.

butrasgali

Im thinking of buying a hybrid superb, there's only 2 showing in the vrt site..the estate model and 1 spec..but there about 4 different specs of car and a hatchback version....do the nct/vrt have a broader list of cars..

fishyfish

im looking to vrt a 1999 s2000. she isnt mint but decent for 1999
80k km's
2l

i rang the vrt head office and they said they dont give out prices over the phone i have to bring it to the nct/vrt building in naas. im just wondering how much im going to be hammered

colm_mcm

fishyfish wrote: »

im looking to vrt a 1999 s2000. she isnt mint but decent for 1999
80k km's
2l

i rang the vrt head office and they said they dont give out prices over the phone i have to bring it to the nct/vrt building in naas. im just wondering how much im going to be hammered

A lot I’m afraid. The co2 on those is high (37% I think plus €600 nox) and values are up too.

What do you reckon a 99 is making in Ireland, honestly?

fishyfish

colm_mcm wrote: »

A lot I’m afraid. The co2 on those is high (37% I think plus €600 nox) and values are up too.

What do you reckon a 99 is making in Ireland, honestly?

i bought the car for 5k as it needs a lot of work !

colm_mcm

What are they going for these days, are they around €15-20k?

If revenue take a value of €14k, you could be looking €5700 VRT and nox.
Not sure how VAT would go for you.

fishyfish

colm_mcm wrote: »

What are they going for these days, are they around €15-20k?

If revenue take a value of €14k, you could be looking €5700 VRT and nox.
Not sure how VAT would go for you.

can they really take the value of 14k if its needs a about 5k of work to be right again

respray because of rust
new clutch
new soft top
seat bolster replacing and reforming
new knock sensor
possible suspension work ( ball joints and bushings)
headlight restoration

im sure im leaving some stuff out needless to say she is far from mint

colm_mcm

Condition has some bearing on valuation but not a whole lot.

They won’t be saying it’s worth €5k. Put it that way.

punisher5112

They go by book value, or in their own bases, whatever they deem it to be worth....