How much is the VRT on a 2008 Honda Accord?
How much is the VRT on a 2008 Honda Accord 2.2 diesel emitting 137g/km with 70,000 miles (113,000 kilometres) on a 58 plate? And why don't Revenue list them on the web site for VRT quote?
Thanks
Derek Wall (Clonmel)Feb 2013 Filed under: VRT
Expert answer
Hi Derek,
Revenue's online VRT calculator is very poor and tricky to use at the best of times. There seem to be loads of different 2.2-litre diesel Accords if it's to be believed and some of the calculations are nonsense, putting the car in the top 36% VRT band instead of the 19% band, where it should be. The best way to clarify the situation is to contact Revenue direct.
However, you can do some calculation of your own. Based on asking prices of similar cars on sale in Ireland, the maximum OMSP (Open Market Selling Price) of this car now is say €20,000. That means a maximum VRT bill of €3,800 (19%).
In reality Revenue should value this car much lower, bringing the bill down considerably.
Let us know if we can help any further.
Shane O' Donoghue - Complete Car Adviser@Shane_O_D