I was going to switch to an EV in the New Year. Should I now bring this forward? Was looking at an Opel Corsa-e. I get that the VRT will reduce from 14% to 7%, but this will be outweighed by the loss of the €5,000 VRT rebate? And what of the €5,000 SEAI grant? Will that still be in the equation in the New Year?
Many thanks for your guidance.
Filed under choosing new car - Asked by Paul Greenstreet (Clifden) - Tue, 13 Oct 2020 21:40
First up, we believe that the SEAI grant is not changing for 2021.
The €5,000 VRT rebate should still be in place for the Corsa-e, as the government announced that it would be 'tapered' for EVs with an OMSP (Open Market Selling Price) of over €40,000 - up to zero rebate for EVs with an OMSP of €50,000 or more.
Hence, it won't matter if you buy the Corsa-e now or in the New Year.