VRT on a car with 109g/km in 2021?
What will the VRT be on a car with 109g/km of CO2 in 2021? At the moment it is 16 per cent of OMSP.
Thanks
Dermot from Cork
Dermot Hedigan (Cork)Oct 2020 Filed under: VRT
Expert answer
Hi Dermot,
The rate from 2021 will be 13.5 per cent for a car with 109g/km.
Be careful though, as an imported car's CO2 figure will be 'uplifted' to a WLTP-equivalent value and that will in turn bring the VRT rate up.
Read our How Much VRT is Paid in Ireland? feature for more details and also Guide to Importing Cars from the UK.
VRT for 211 BMW X3 xDrive20d?
What is the VRT rate for a 211 BMW X3 xLine xDrive20d? Let's say if I put in a factory order now and the car arrives in the middle of January, will I be charged under the new VRT rate?
John Z (Dublin)Oct 2020 Filed under: VRT
Expert answer
Hi John,
First of all, the VRT applies on the date of registration, so it doesn't matter when the order is placed. If you register a car after 1 January 2021 then it will be subject to the new VRT rates.
Now, BMW has not published its new pricing so we're going to have to do some estimating based on the current advertised price on the BMW Ireland website. To do that I am also assuming that the displayed value of the BMW X3 xDrive20d xLine, €57,859, is at the 21 per cent VAT rate introduced last month.
The NOx figure for that car is not readily available, but a bit of digging suggests it should be about 100mg/km, so the NOx levy right now, within that price, should be €1,085.
So, the price of the car including VAT and VRT, but without the NOx levy is €56,774.
According to BMW, the NEDC CO2 rating is 126g/km, which would mean 18 per cent VRT on the old system.
So, the VRT was €56,774 x 0.18 = €10,219, which makes the price of the car including VAT at €46,555.
So now we have the core cost of the car and can work on a 2021 price estimate.
We need the WLTP CO2 rating, but can't find it for that car. So let's apply the government's own 'uplifting' formula for diesel cars' NEDC CO2 rating: WLTP CO2 rating = (126g/km x 1.1405) + 12.858 = 157g/km.
That places it in the new Band 18 for VRT (see our How Much VRT is Paid in Ireland? feature), at a rate of 26 per cent.
So the estimated cost of the car including VAT and VRT is €46,555 ÷ 0.74 = €62,912.
The NOx levy calculation has changed a little as well. It works out as €1,300 for this car from 1 January 2021 (if the 100mg/km figure for its NOx is correct).
Hence, the estimated total retail cost of the car is €64,212 as of 2021.
Disclaimer: All of these figures should be taken as estimates only. We have rounded off to Euros throughout and who knows how BMW will adjust its pricing to suit the market rather than just calculate the new tax?
Can you give us 2021 pricing on these EVs?
Hi,
Curious to know what the difference will be on BEV pricing under the new VRT rules compared with current pricing (which has €5,000 VRT rebate). Would be interesting to see old vs new pricing on a few e.g. Mazda MX-30, Peugeot e-208, Honda e, Nissan Leaf, Tesla Model 3.
Thanks, Kieran Donnelly
Kieran Donnelly (Cork)Oct 2020 Filed under: electric cars
Expert answer
Hi Kieran,
Our understanding is that the €5,000 VRT rebate will continue for electric cars with an OMSP (Open Market Selling Price) of under €40,000 and will be tapered from that to zero rebate for cars with an OMSP of over €50,000. Hence, most of the cars you mention shouldn't see much of a price change, though we don't yet have sight of how the rebate changes for cars with an OMSP of between €40,000 and €50,000.
For reference:
The Mazda MX-30 currently costs from €30,495 including SEAI grant and VRT rebate.
The Peugeot e-208 currently costs from €27,334 including SEAI grant and VRT rebate.
The Honda e currently costs from €29,995 including SEAI grant and VRT rebate.
The Nissan Leaf currently costs from €29,890 including SEAI grant and VRT rebate.
The Tesla Model 3 currently costs from €47,990 including SEAI grant and VRT rebate.
Should I register my imported Mercedes now?
Hi,
I have just bought a 2016 Mercedes-Benz V-Class V 250 d in the UK, which is due to arrive into the country this week. The CO2 is 166g/km and NOx is 0.063. What will I be paying to tax the car annually and on the basis there are new rules for registered cars in 2021 is there any sense in keeping the car in UK until January and registering in Ireland then?
I am a little confused now with the new regime!
Brian Carroll (Dublin)Oct 2020 Filed under: importing
Expert answer
Hi Brian,
There's no doubt that it will be cheaper for you to get that car registered before 1 January 2021.
On that date, the CO2 rating will be 'uplifted' to an equivalent WLTP value. For your car, for example, it will be increased from 166g/km to 202g/km, raising the VRT rate from 27 per cent now to 37 per cent in 2021. The NOx levy will also increase a little.
In terms of motor taxation, if you register and tax the car now, its motor tax will be €570, which will increase to €600 from 2021 on. If you wait until after 1 Jan to register it, then your annual motor tax will be €1,250.
Useful relevant articles for you:
Will Budget 2021 impact costs of importing?
Hi,
Will the new budget impact on importing a car from the UK, i.e. extra VRT and NOx charge?
Thomas Rooney (Clane)Oct 2020 Filed under: importing
Expert answer
Hi Thomas,
It certainly will.
The NOx levy calculation has been tweaked slightly, as detailed in our How Much VRT is Paid in Ireland? feature, with the €15 per mg rate starting earlier on.
The changes to the VRT bands will also likely have an effect, but the largest change is the 'uplifting' of the CO2 rating to WLTP-equivalent values.
For a petrol car, the new CO2 rating = (old NEDC rating x 0.9227) + 34.554g/km
For a diesel car, the new CO2 rating = (old NEDC rating x 1.1405) + 12.858g/km
This will significantly raise the CO2 rating, putting the imported cars into a higher VRT band, with likely much higher costs.
We did such a calculation for another reader here if you're interested: Should I register my imported Mercedes now?
Will it be cheaper to buy a VW Tiguan now?
We want to buy a new Volkswagen Tiguan Allspace as our family is growing in the New Year. Would it be cheaper to get one now or will we see much difference if we order one for January 2021?
Dorothy Humphreys (Athlone )Oct 2020 Filed under: choosing new car
Expert answer
Hi Dorothy,
It really depends on the specific version you are looking at. Some cars will go up in price, but conversely, some will drop in price. Come back to us with as much detail as possible on the specific model you are looking at so we can find its CO2 and NOx emissions ratings and do the calculations.
How to change reg from UK to Irish?
Hi,
I recently bought a car from the UK, through an auction and obviously the car reg isn't Irish, it's British; where do I start in changing the whole process of the reg?
Arunas Daniel (Cavan)Oct 2020 Filed under: importing
Expert answer
Hi Arunas,
We're written a guide called Guide to importing cars from the UK to help people like you. You'll need to scroll down through half of it as you already have the car bought, but once you've read that, if you still have questions, feel free to come ask us for more assistance.
My Fiesta's stop-start won't work...
Hiya,
I own a Mark 7 Fiesta that comes with the stop-start button. As I was driving, the light came up saying that the stop-start has been turned off, and I am unable to put it back on again. The light is on and will not turn off. I have read up on possible fixes and attempted most but nothing has helped. I did not have heating or AC running, or lights on. Neither was I doing anything out of the normal. Do you know anything else that may cause this?
Ricky-Lee Morgan (Gloucestershire )Oct 2020 Filed under: fault
Expert answer
Hi Ricky-Lee Morgan,
In the vast majority of cases this is down to either a battery that is not in perfect health or a dodgy sensor. See our feature Why won't my car's stop-start system work? and if that doesn't help then you will need to get the car plugged into a diagnostic computer by a mechanic.
Should I wait for the BMW 128ti?
Hi,
I have a question regarding the new BMW 128ti. Having recently ordered a BMW M Sport 118i auto, I am now in a quandary due to the announcement of the 128ti. I have spent a long time driving many cars and ended up making my decision to purchase the BMW 118i. Preferably the car would have had a little more performance (and economy for the level of performance), I waited around a year in the hope that a petrol 120i would become available (diesels are not an option for me), but nothing has yet been announced even though they exist in other markets.
Before placing my order I tried the M135i and, other than the raw power difference I far preferred the driver engagement of the 118i M Sport. I can only put this down to the 200kg or so weight difference? I live in a rural area and most of my driving is on small twisty, hilly lanes with some nice back roads, I rarely drive on main roads or motorways. So suspension compliance and driver engagement are important to me. My BMW dealer has immediately suggested I could change my order to the 128ti once it becomes possible, but it's early days with no hard facts on cost or a test drive available - I have already sold my car so it's a push bike and motorcycle only at the moment.
I would be very appreciative if you could spare some time to consider my position and would value your thoughts on the 128ti versus my ordered car. Having read your account of your experience with the 128ti, i thought you would be the best person to help.
Very best wishes
Tim
Tim Williams (Dartmouth)Oct 2020 Filed under: choosing new car
Expert answer
Hi Tim,
The 120i is due to come at the end this year, with 184hp and with the M Sport suspension should be a bit of fun to drive. However, I don’t think it will be as engaging as the 128ti. Not only will the 128ti still have a power advantage, I suspect there will be a noticeable difference in ride quality to what the 120i might offer. The 128ti has compliance in the suspension and involving steering that makes to a real joy to drive. More details for the car are due in the coming days, so take a closer look then and see if it helps make up your mind.
Any high-performance insurance specialists?
Hi,
I’m planning to buy a Jaguar F-Type R (5.0-litre V8) and shopping around for insurance. So far all insurers including my current insurer refused to quote me because of the engine size; is there any insurer out there that specialises in high performance cars?
Many thanks!
Dennis Sen (Dartmouth)Oct 2020 Filed under: insurance
Expert answer
Hi Dennis,
There are a couple of high-performance car specialist insurers such as TopInsure and Martins Insurance, but you’re always going to pay big for a car such as that in Ireland, sadly. Always a good idea to track down a good broker, too, as they can sometimes get access to deals that mere mortals cannot.
