Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Please note that it is not permitted to have referral links posted in your signature. Keep these links contained in the appropriate forum. Thank you.

https://www.boards.ie/discussion/2055940817/signature-rules

Buying a NI Reg EV couple of questions please

  • 23-03-2025 10:11PM
    #1
    millie12345
    Registered Users, Registered Users 2 Posts: 158 ✭✭


    I’m looking at buying a NI Reg EV around 30K. Am I right in thinking it is exempt from VAT and VRT? Also how are people managing the transfer? Last time pre Brexit I used Transfermate. Any better options?



Comments

  • #2
    td2008
    Registered Users, Registered Users 2 Posts: 500 ✭✭✭td2008


    Yes, should be.

    I've used Wise recently, it was a good bit better than Revolut. Didn't try Transfermate



  • #3
    User1998
    Registered Users, Registered Users 2 Posts: 8,903 ✭✭✭User1998


    Yes. And Revolut is fine



  • #4
    millie12345
    Registered Users, Registered Users 2 Posts: 158 ✭✭millie12345


    Thank you for the replies. It seems Transfermate is no longer an option. Anyone use their own banks BOI or AIB? Does it work out much more expensive?



  • #5
    User1998
    Registered Users, Registered Users 2 Posts: 8,903 ✭✭✭User1998


    Do you not have Revolut?



  • #6
    td2008
    Registered Users, Registered Users 2 Posts: 500 ✭✭✭td2008


    https://www.boards.ie/discussion/comment/123324517#Comment_123324517

    Probably , Revolut was 1k more expensive than Wise for me



  • Advertisement
  • #7
    mick4_2000
    Registered Users, Registered Users 2 Posts: 83 ✭✭mick4_2000


    When I did it in Belfast about 5 years ago I just used Bank of Ireland as it was too much hassle getting the money into Revolut as I left myself short on time. Anyway after everything it ended up being the same as what Revolut would have been, I was surprised. Swiped the card put in the pin and that was it.



  • #8
    millie12345
    Registered Users, Registered Users 2 Posts: 158 ✭✭millie12345


    Thank you. I managed to check it with my own bank after and comparing with Revolut it looks like the later are about E700 cheaper so I will be going with them. I upgraded to the premium, had an offer for 2 months free, not sure if I can cancel after a week will try to find that out. Thank you for all the help, really appreciate it.



  • #9
    TheSunIsShining
    Registered Users, Registered Users 2 Posts: 483 ✭✭TheSunIsShining


    I used moneycorp. The car can't be new. And has to be registered in the North. You should just be charged €2.90 per tyre, 4 or 5 of them…



  • #10
    millie12345
    Registered Users, Registered Users 2 Posts: 158 ✭✭millie12345


    Thank you, decided to go with Revolut after. It’s taking forever for money to transfer from my bank though, doesn’t transfer over the weekend so it looks like it could take another week by the time I get the money to Revolut and then get the sterling into garages account.



  • #11
    User1998
    Registered Users, Registered Users 2 Posts: 8,903 ✭✭✭User1998


    https://www.boards.ie/discussion/comment/123332556#Comment_123332556

    A week? You’ll have the money in your account on Monday morning, and after exchanging to pounds the transfer to the garage will be instant



  • Advertisement
  • #12
    millie12345
    Registered Users, Registered Users 2 Posts: 158 ✭✭millie12345


    the delay was transferring it online from my bank account to revolut. Got sorted eventually. Thanks for all the replies, really appreciate them.



  • #13
    witnessmenow
    Registered Users, Registered Users 2 Posts: 7,343 ✭✭✭witnessmenow


    https://www.boards.ie/discussion/comment/123330254#Comment_123330254

    Last year I upgraded to premium for the purpose of buying a car, they had a 14 day cooling off period that I made use of once I was finished with it.

    Make sure to transfer the money from Euro to Sterling during the week, as there is an additional fee at the weekend. You can just move it from your Euro account to your sterling account on Revolut.

    I compared Revolut to BoI when buying last year and it was nearly 5% cheaper to use revolute, they also have no limits on card transactions so I bought the car using card.



Advertisement