[hi5]

Originally Posted by Car99

LHD cars will have to become a considered option and as someone who drives a LHD classic car here it's not a problem. I would buy another LHD without hesitation.

Same here, into American cars mostly.
Autoscout is worth a look.

https://www.autoscout24.com/lst/chev...=1944&atype=C&

[w124man]

The days of going across to the UK, buying a car and driving it back on your classic policy are gone too. Insurance companies in the EU wont cover cars registered outside the EU and after Brexit the UK will be out.
This is a question I was asked recently and I didn't know the answer so I asked a family member who is in the Insurance industry. A UK registered car will need a Green Card to drive in Europe - that bit is on the UK Gov website - so the Insurance companies would need to be a bit flexible.

Revenue will require an invoice/receipt/proof of payment when the car comes off the boat so the figure used there for import duty and VAT will be the minimum figure used for the VRT as it will be on the clearance certificate.

[turbocab]

Originally Posted by Bigus

Not when the ar5e falls out of prices on classics in the UK , it was also a safety valve here for an irish price floor which will now evaporate . Unsold irish classics were shipped over in bulk, during our hard times and even up to recently in smaller numbers.

I can already see on eBay , project classics not meeting reserves and not selling in UK , in 18 months , I bet you’ll see pristine cars making buttons over there. The hard part is going to be how to decide which ones to jump on and when.

good cars are still fetching great money in uk .check results for last weeks silverstone auctions,eg porsche 928se sport 1989 .estimate was between 50 to 60 k. it sold for 129k.

[Car99]

Originally Posted by turbocab

good cars are still fetching great money in uk .check results for last weeks silverstone auctions,eg porsche 928se sport 1989 .estimate was between 50 to 60 k. it sold for 129k.

Quality will always sell wherever it is located but 99.9% of classics are not top quality they are at best very good condition the other .1% or less are concours, low mileage or survivors of rare models which will always command a sizeable premium for the collector market. When it comes to useable driveable classics the market is more volatile.

[turbocab]

Originally Posted by Car99

Quality will always sell wherever it is located but 99.9% of classics are not top quality they are at best very good condition the other .1% or less are concours, low mileage or survivors of rare models which will always command a sizeable premium for the collector market. When it comes to useable driveable classics the market is more volatile.

how about a manta gte with 40k on clock went for 22k sterling at anglia car auctions last week, and it had a respray.You wouldnt get 10 k euros here for that car.So even average classics are still commanding and getting good money in uk

[RobAMerc]

I dont think it will matter if its a hard or soft brexit - Hard or soft will only be applicable to goods and maybe services imported to and from UK. Cars will always be treated differently, I doubt given how little effort is being invested that the importation of cars will be covered by any deal they do.

UK will be treated as a "third" country.

[RobAMerc]

Originally Posted by turbocab

good cars are still fetching great money in uk .check results for last weeks silverstone auctions,eg porsche 928se sport 1989 .estimate was between 50 to 60 k. it sold for 129k.

is it that people are putting there cash into thinking Brexit is going to make cash worthless ?

[Justinwick]

Looks like between now and next Tuesday Johnson and the EU are claiming that they will have some sort of agreement in place regarding trade so just hoping now that it is broad and covers cars

[Car99]

Originally Posted by Justinwick

Looks like between now and next Tuesday Johnson and the EU are claiming that they will have some sort of agreement in place regarding trade so just hoping now that it is broad and covers cars

The UK buy alot of cars and commercial vehicles from the EU so I would be hopeful vehicles will be included in any deal. Our friends in Revenue will try to find a way to make it more expensive to import though anywhere they see an opportunity.

[w124man]

Originally Posted by Car99

The UK buy alot of cars and commercial vehicles from the EU so I would be hopeful vehicles will be included in any deal. Our friends in Revenue will try to find a way to make it more expensive to import though anywhere they see an opportunity.

When the UK is out of the EU WTO rules apply. Cars from the UK will attract the same tariffs as those coming in from Japan which we don't moan about.

Its not up to the Revenue

[Isambard]

Originally Posted by w124man

When the UK is out of the EU WTO rules apply. Cars from the UK will attract the same tariffs as those coming in from Japan which we don't moan about.

Its not up to the Revenue

unless there's a deal

[Car99]

Originally Posted by w124man

When the UK is out of the EU WTO rules apply. Cars from the UK will attract the same tariffs as those coming in from Japan which we don't moan about.

Its not up to the Revenue

For new vehicles yes it's not up to revenue but the value of your secondhand import may be determined by revenue so whilst the rates mate not be up to them the value of the goods can be if they see fit.

I've brought cars from Japan and I moaned about the tariffs aswel but the cars were alot cheaper in Japan than the UK back then when the JPY was weak so it was still financially a good deal.

[traco]

VAT is applicable irresepective of deal or no deal. That will be based on purchase price including transport costs to Ireland. Duty is the only thing that is up for review. A 3rd country with no deal will be 10% so if there is something agreed it may come down in the future but who knows.

Unknowns:
Original UK cars that have been registered in NI?? Will they be included or not?
Buying something that needs work - will revenue accept the invoice and tansfer or will they place their own "valuation" on it?

[RobAMerc]

Originally Posted by Isambard

unless there's a deal

the deal will have to include a no tariff deal on cars - it most probably wont.

Europe has a trade deal with Japan - you still pay tariffs on imported cars from there.

[w124man]

Bringing cars in at this time could be tricky for a number of reasons, the uncertainty of whats around the corner or not is the biggest.

I'm looking at a W124 which I really should buy but I cant get over to view because of covid. Even if I could, I'm unlikely get a VRT appointment this year so I could be charged VAT and duty if it gets dragged into 2021 as the car will need a time consuming valuation. Deal or no deal wont change the fact that the UK will be a 'third country' and tax wise it must be treated so.

I think we will see a lot more LHD classics in future