I already have a car in my name for private use and I'm thinking of buying an old 2002 Toyota Hilux to have some fun driving an old truck. So, I have two questions: can I register its ownership without having a company? Can I purchase classic insurance for this Hilux?
Thanks in advance!!
Filed under commercial vehicle - Asked by Renato Dultra (Maynooth) - Fri, 26 Feb 2021 00:01
Yes, absolutely — you can register a Hilux for personal use, but just remember that you’ll have to tax it as a private vehicle, which means you’ll be taxing it on the engine capacity, not the CO2 emissions. If it’s a 3.0-litre Hilux, that’s going to be pricey. Insurance can be an issue too, so get hold of a good broker to help you find the right policy.
Classic insurance is a non-runner, sadly. In Ireland, a car has to be more than 30 years old to qualify for classic status.