Can I trust Revenue's VRT calculations for a Japanese import?
The question
Hi,
I'm planning on importing a 2020 Honda CR-V 2.0 petrol from Japan. I'm stressing about the VRT, as there are so many horror stories online. The official calculator on Revenue's website indicates VRT around €6k. How reliable is this? I can see that this year is listed online for around €28-29K.
Thank you
Asked by Bart ·
Expert answer
Hi Bart,
Revenue itself states that the information on its website is for guidance only, so you have no comeback with it. Saying all that, if it gives an OMSP (Open Market Selling Price) for the same car on there, then that is likely to be quite a good guide.
For cars coming from Japan, however, they will ask for proof of the CO2 and NOx emissions, so that's the tricky part. Make sure you get that documentation from the seller before proceeding.
Answered by Shane O' Donoghue