What's the VRT on a 2008 Lexus IS?

What's the VRT on a 2008 Lexus IS 2.2,  priced £4,000 Sterling?

Apr 2016 Filed under: VRT

Expert answer

Hi Camillus,

Ok, I think you might be about to have a MASSIVE row with Revenue over this one...

Lexus IS diesels of that age are ridiculously cheap in the UK. Your £4,000 isn't even the cheapest I've seen.

Here at home though, they're massively over-priced. I've seen some advertised at north of €16,000 and that's the sort of figure Revenue is  going to value the car at. With 168g/km of CO₂ that means 27 per cent VRT and a bill therefore of around €4,000 to €5,000. Which is just ridiculous for a car that's cost you, in cash, about the same amount. But unless you can show that the car would be worth significantly less in Ireland than other advertised IS 220ds then you're stuck with it I'm afraid.