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211 reg cars.

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Comments

  • #512
    Duke O Smiley
    Registered Users Posts: 12,074 ✭✭✭✭Duke O Smiley


    I know we’re not supposed to post without a picture, but hopefully an exception can be made for this.

    211-D-8000, a brand new Rolls Royce Phantom


  • #513
    ELM327
    Registered Users Posts: 21,345 ✭✭✭✭ELM327


    The VRT on that would make your eyes water.


  • #514
    Isambard
    Registered Users Posts: 5,796 ✭✭✭Isambard


    ELM327 wrote: »
    The VRT on that would make your eyes water.

    it would for a private buyer, but I imagine it will be leased and the Vrt re-claimed on export at some stage.


  • #515
    CoBo55
    Registered Users Posts: 8,720 ✭✭✭CoBo55


    Isambard wrote: »
    it would for a private buyer, but I imagine it will be leased and the Vrt re-claimed on export at some stage.

    Exported where?


  • #516
    ELM327
    Registered Users Posts: 21,345 ✭✭✭✭ELM327


    Isambard wrote: »
    it would for a private buyer, but I imagine it will be leased and the Vrt re-claimed on export at some stage.
    Do leasing companies offer RR here?
    I know you can get nice cars in the UK on PCH but we dont have that here
    You can get a new Aston for less per month on PCH than I'm paying on my S for instance.


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  • #517
    Casati
    Registered Users Posts: 3,013 ✭✭✭Casati


    CoBo55 wrote: »
    Exported where?

    If exported to the U.K. 10% duty would be liable upon importation there!

    Can’t see a leasing company here taking on a Rolls Royce with a plan to export it and claim back the VRT, that would be far too risky as who knows how much VRT revenue would pony up?

    Fair play to whoever has it, and regardless if they bought cash, lease or PCP it it will cost them a small fortune.


  • #518
    Isambard
    Registered Users Posts: 5,796 ✭✭✭Isambard


    Casati wrote: »
    If exported to the U.K. 10% duty would be liable upon importation there!

    Can’t see a leasing company here taking on a Rolls Royce with a plan to export it and claim back the VRT, that would be far too risky as who knows how much VRT revenue would pony up?

    Fair play to whoever has it, and regardless if they bought cash, lease or PCP it it will cost them a small fortune.

    why so? built in GB, excise duty deal applies.

    I didn't mean to imply it would be instantly exported. just that export at the end of it's use period by a business in , say, three years, and it could be exported and the VRT reclaimed. It wouldn't actually cost a business that much with all the expenses allowed against tax.


  • #519
    Casati
    Registered Users Posts: 3,013 ✭✭✭Casati


    Isambard wrote: »
    why so? built in GB, excise duty deal applies.

    I didn't mean to imply it would be instantly exported. just that export at the end of it's use period by a business in , say, three years, and it could be exported and the VRT reclaimed. It wouldn't actually cost a business that much with all the expenses allowed against tax.

    Depends what you mean by ‘that much’ but my guess it’s that it’s 700k here so approx 260k VRT and will shed at least 100k pa in depreciation. VRT on export can only be reclaimed against what revenue deem its value to be at that time so say they value it at 350k then the VRT repayment probably not much over 100k and the car. I could be wrong but understand that cars made in U.K. but imported from a third country are liable to U.K import duty of 10%.


    There is a max €24k value for capital allowances write off, zero Vat can be claimed as it’s not commercial so there isn’t any magic tax incentive for a company to buy one here.

    The driver would be likely liable to BIK at 30% so that’s a tax bill of over 100k p.a for her. The company would have to pay that employee an extra 200k a year to cover her tax bill

    I love to see new cars like these, and salute whoever has it but the cost involved is eye watering for the average person like me


  • #520
    ELM327
    Registered Users Posts: 21,345 ✭✭✭✭ELM327


    Isambard wrote: »
    why so? built in GB, excise duty deal applies.

    I didn't mean to imply it would be instantly exported. just that export at the end of it's use period by a business in , say, three years, and it could be exported and the VRT reclaimed. It wouldn't actually cost a business that much with all the expenses allowed against tax.
    Built in GB but they are all German parts
    I dont think 40% of the constituent part is GB, therefore the deal doesnt work here


  • #521
    galwaytt
    Registered Users Posts: 12,757 ✭✭✭✭galwaytt


    Tij da feen wrote: »
    I had a Clio on loan from a garage whilst there were working on my car. Hands down the most miserable, dreadful thing I've ever driven. I don't understand someone who sits into one of them new and goes ahead purchasing one.

    You've obviously never tried a base level VW then.

    Ode To The Motorist

    “And my existence, while grotesque and incomprehensible to you, generates funds to the exchequer. You don't want to acknowledge that as truth because, deep down in places you don't talk about at the Green Party, you want me on that road, you need me on that road. We use words like freedom, enjoyment, sport and community. We use these words as the backbone of a life spent instilling those values in our families and loved ones. You use them as a punch line. I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the tax revenue and the very freedom to spend it that I provide, and then questions the manner in which I provide it. I would rather you just said "thank you" and went on your way. Otherwise I suggest you pick up a bus pass and get the ********* ********* off the road” 



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  • #522
    Casati
    Registered Users Posts: 3,013 ✭✭✭Casati


    ELM327 wrote: »
    Built in GB but they are all German parts
    I dont think 40% of the constituent part is GB, therefore the deal doesnt work here

    Whats the 40% rule? Are you implying RR's are technically classified by customs as German cars?


  • #523
    ELM327
    Registered Users Posts: 21,345 ✭✭✭✭ELM327


    Casati wrote: »
    Whats the 40% rule? Are you implying RR's are technically classified by customs as German cars?
    In order to qualify for a non duty import, at least 40% of the good must be made in GB.


    For example, buying a BMW from the UK would require 10% import duty as it is made in Germany with German parts.


    If the RR is assembled in the UK using German parts, then the revenue would have to determine how much value was added by the assembly and I doubt it's 40%, ergo the duty would apply

    EDIT:
    https://www.thejournal.ie/brexit-rules-of-origin-trade-5321296-Jan2021/
    The Brexit agreement, which was sealed four and a half years after Britons voted to leave the European Union, grants zero customs duties if at least roughly 50 percent of an exported product is made in the UK.


  • #524
    nsnoefc1878
    Closed Accounts Posts: 596 ✭✭✭nsnoefc1878


    Casati wrote: »
    Depends what you mean by ‘that much’ but my guess it’s that it’s 700k here so approx 260k VRT and will shed at least 100k pa in depreciation. VRT on export can only be reclaimed against what revenue deem its value to be at that time so say they value it at 350k then the VRT repayment probably not much over 100k and the car. I could be wrong but understand that cars made in U.K. but imported from a third country are liable to U.K import duty of 10%.


    There is a max €24k value for capital allowances write off, zero Vat can be claimed as it’s not commercial so there isn’t any magic tax incentive for a company to buy one here.

    The driver would be likely liable to BIK at 30% so that’s a tax bill of over 100k p.a for her. The company would have to pay that employee an extra 200k a year to cover her tax bill

    I love to see new cars like these, and salute whoever has it but the cost involved is eye watering for the average person like me

    700k to buy the roller here? Seriously that much? Thats mental altogether.


  • #525
    nsnoefc1878
    Closed Accounts Posts: 596 ✭✭✭nsnoefc1878


    ELM327 wrote: »
    In order to qualify for a non duty import, at least 40% of the good must be made in GB.


    For example, buying a BMW from the UK would require 10% import duty as it is made in Germany with German parts.


    If the RR is assembled in the UK using German parts, then the revenue would have to determine how much value was added by the assembly and I doubt it's 40%, ergo the duty would apply

    EDIT:
    https://www.thejournal.ie/brexit-rules-of-origin-trade-5321296-Jan2021/

    Thats interesting. I'd assume the assembly of RR's is very manual and skilled so it might make the threshold, who knows.


  • #526
    AMKC
    Registered Users Posts: 15,552 ✭✭✭✭AMKC
    Ms


    I seen a black 211 Mitsubishi L200 yesterday. KE reg.

    Live long and Prosper

    Peace and long life.



  • #527
    AMKC
    Registered Users Posts: 15,552 ✭✭✭✭AMKC
    Ms


    Duke O Smiley wrote: »
    I know we’re not supposed to post without a picture, but hopefully an exception can be made for this.

    211-D-8000, a brand new Rolls Royce Phantom

    Why no picture?

    That's the kind of car we would all love to see her.

    Live long and Prosper

    Peace and long life.



  • #528
    colm_mcm
    Registered Users Posts: 73,381 ✭✭✭✭colm_mcm


    Feast your eyes

    https://www.boards.ie/vbulletin//showpost.php?p=116176265&postcount=4128


  • #529
    Boscoirl
    Registered Users Posts: 2,231 ✭✭✭Boscoirl


    would make a fine taxi

    https://www.carzone.ie/used-cars/rolls-royce/phantom/fpa/202102058722368?journey=Search


  • #530
    Marcusm
    Registered Users Posts: 10,183 ✭✭✭✭Marcusm


    211-D-12345 Mercedes G-wagen G63 AMG ie €285k!!


  • #531
    maddness
    Registered Users Posts: 1,774 ✭✭✭maddness


    Marcusm wrote: »
    211-D-12345 Mercedes G-wagen G63 AMG ie €285k!!

    I know that car, it’s fantastic.


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  • #532
    colm_mcm
    Registered Users Posts: 73,381 ✭✭✭✭colm_mcm


    211D1 (mayors car ) is a Volvo S90 T8


  • #533
    Wexford 96
    Registered Users Posts: 7 ✭Wexford 96


    I saw 1 today


  • #534
    hooch-85
    Registered Users Posts: 1,883 ✭✭✭hooch-85


    Deleted User wrote: »
    Spotted this earlier.

    [img][/img]https://www.boards.ie/vbulletin/attachment.php?attachmentid=541395&d=1611956419

    Had a look at these in person earlier and it's a very nice car indeed.


  • #535
    smellyoldboot
    Banned (with Prison Access) Posts: 1,075 ✭✭✭smellyoldboot


    Marcusm wrote: »
    211-D-12345 Mercedes G-wagen G63 AMG ie €285k!!

    Looks like a Mercedes "Jimney". To each their own I guess


  • #536
    ofcork
    Registered Users Posts: 5,352 ✭✭✭ofcork


    The old model phantom was 650k here wonder what that cost??


  • #537
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    ofcork wrote: »
    The old model phantom was 650k here wonder what that cost??

    VRT for the top bands went up like 1 percent so not much more.

    The mad thing is there’s been a 2 Rolls Royce registered.

    Now sold more than Alfa Romeo lol


  • #538
    elperello
    Registered Users Posts: 14,226 ✭✭✭✭elperello


    L-M wrote: »
    VRT for the top bands went up like 1 percent so not much more.

    The mad thing is there’s been a 2 Rolls Royce registered.

    Now sold more than Alfa Romeo lol

    I suppose it's all relative but 1% of €650,000 is €6,500.

    That's 3 Bangernomics motors and a weekend away to you :)


  • #539
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    elperello wrote: »
    I suppose it's all relative but 1% of €650,000 is €6,500.

    That's 3 Bangernomics motors and a weekend away to you :)

    Well, VRT is based on the EX VRT amount.

    So maybe 4500.... and if you can afford a Rolls Royce that’s probably not even a night away.


  • #540
    elperello
    Registered Users Posts: 14,226 ✭✭✭✭elperello


    L-M wrote: »
    Well, VRT is based on the EX VRT amount.

    So maybe 4500.... and if you can afford a Rolls Royce that’s probably not even a night away.

    Forgot about that.

    I could afford one but I'd have to live in it :)


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  • #541
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    elperello wrote: »
    Forgot about that.

    I could afford one but I'd have to live in it :)

    I wonder how far into the mortgage application you’d get before they realised it was a car, lol.


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