Looking at importing a Ford Ranger...
Hi,
I am interested in importing a Ford Ranger from the UK, 2016 up, under 50k mileage. Can you help?
Regards Ciarán
Ciaran Kiely (Dublin)Mar 2020 Filed under: importing
Expert answer
Hi Ciaran,
Well, we’d obviously advise you to buy from a reputable source in the UK, as the Ranger is a hard-working pickup, usually provided rather than owned, and therefore will probably have had a tough life. Make sure you check any potential purchases over very, very carefully indeed, and don’t buy anything without a full service history. The VRT for commercial imports is 13 per cent of the Irish open market selling value, and so we’d expect you’d have to pay around €2,500 to €3,000 in VRT.
Is VRT €200 on importing some vans?
Hi,
I plan to import a 2018 VW Transporter van from the UK. This van has front seats only with bulkhead (not a Kombi). It's a standard, SWB, manual 2.0-litre van. Am I right in thinking that the VRT on these vans is €200?
Thanks
Colm Griffin (Castlebar)Mar 2020 Filed under: VRT
Expert answer
Hi Colm,
It depends — for the most part, all vans are charged VRT at a rate of 13.3 per cent of the Irish market selling price, but some N1 vans qualify for a basic charge of €200 if, according to Revenue, they have always had fewer than four seats, and at any time a laden mass greater than 130 per cent of the mass in service. Better check with the local motor tax office to find out which category your Transporter fits into...
Can I export a new car tax-free?
I would like to export a new car, so am I exempt from government taxes?
Thanks in advance
Kevin Timlin
Kevin Timlin (Ballina)Feb 2020 Filed under: taxation
Expert answer
Hi Kevin,
It depends on what you mean. Are you bringing a new car into the country and then sending it straight on out again? Theoretically, if the vehicle were in the state for less than seven days, then you would not have to inform Revenue of it being here, and would therefore — yes — be exempt from paying any VRT or VAT on it.
However, to cover yourself, it would be prudent to communicate your plans with Revenue first, and possibly ask for a letter from them, stating that they know of the fact that the car is coming into the country but leaving again before VRT is due.
Should I buy a BMW 220d Gran Coupe?
Hi,
I'm thinking of buying the new BMW 220d Gran Coupe; am I mad buying a car with such a niche market? Are insurance companies likely to hammer me premium wise? I'm 61 with a completely clear record. How would the resale value be?
I enjoy your articles and would appreciate your views.
Many thanks
Pat Hagen, Dublin
PAT HAGEN (DUBLIN)Feb 2020 Filed under: choosing new car
Expert answer
Hi Pat,
To be fair to the 2 Series Gran Coupe, it’s a coupé in name only — really it’s a 1 Series saloon and is likely to be treated as such by the trade. The conceptually similar Mercedes CLA has solid residuals so we wouldn’t be too worried in that respect.
As far as insurance is concerned, Irish insurers will always find a way to hammer you, but the combination of the relatively mild engine and your own age should ensure that you don’t get hit too hard. And, of course, shop around for other quotes if you do get a big bill.
Of course the right 2 Series to buy is the gorgeous little, rear-drive two-door actual coupe, but perhaps that’s a discussion for another day...
Insurance advice for this immigrant please.
I am buying my first car in Ireland. I have driven for many years in Canada. What can I expect to pay in car insurance rates in Ireland? What is the criteria that insurance companies use to determine the rates? I am 65 years old, have an excellent driving record and plan to buy a 2013 Nissan Note.
Please advise.
Catherine Redmond (Tramore)Feb 2020 Filed under: insurance
Expert answer
Hi Catherine,
You’ll probably get a very broad mix of quotes. Some companies will like the fact that you’re an older driver, with a relatively low-powered car, and assess you accordingly. Many others will simply look at your lack of an Irish driving history (and won’t take your Canadian history into account) and will simply try to charge you an absolute fortune.
Our advice would be to track down a good local insurance broker, who may well be able to help you find a better deal than you’d find yourself. Criteria? That would be expecting the Irish insurance industry to be open and transparent, and that’s simply not going to happen...
How to calculate VAT on a UK import?
If I am buying a new car in the UK and I have to pay Irish VAT, what figure do I use to calculate the VAT? Is it the UK price inclusive or exclusive of VAT converted to Euro?
M Cassidy (Tramore)Jan 2020 Filed under: importing
Expert answer
Hi Maura,
God knows, the VRT and VAT system is byzantine at the best of times, but according to the Revenue handbook, the VAT charged on an imported vehicle is based on the price paid, converted into Euro. According to the handbook, under the heading ‘Purchase of new vehicles (New Means of Transport) by a private individual from a person in another country’ it says: "The VRT is calculated on the Open Market Selling Price (OMSP) of a vehicle, rather than the actual purchase price. The value for calculating VAT is the price charged for the vehicle, converted to Euro where necessary."
Do I need to tell Revenue if I didn't import?
Do I need to let Irish Revenue know if I resell my imported UK car back to the the UK garage where I bought it as the VRT is too high on it when I got the figure today?
Mary Reilly (Navan)Dec 2019 Filed under: importing
Expert answer
Hi Mary,
Yes, you should do. There’s no strict legal requirement to, but if you’ve set the VRT train in motion, then technically you have to pay up after 30 days, so you’d better let them know, or there may be an unpleasant knock at your door (or more realistically a nasty letter in the post…).
How much to tax on importing a 2019 car?
I am buying a used car first registered in Feb 2019 with an original retail price of £40,100. I am now purchasing this vehicle for £28,000. Could you please tell me what tax I will have to pay?
Ken Spencer (Navan)Nov 2019 Filed under: importing
Expert answer
Hi Ken,
It depends on the car, and how and where you are buying it. If it’s an import, then you’ll have to pay Vehicle Registration Tax when you bring it into the country, and this is charged on the basis of the car’s current second hand value in the Irish market, and it’s CO2 emissions, so we’d need to know the make, model, trim, year and mileage of the car to give you anything like an accurate figure. You'll also have to pay the NOx levy.
Is xDrive worth getting on a BMW 3 Series?
Hi,
I have been driving a BMW 320 diesel automatic for two years now. I can't believe how poorly it sticks to the road on typical wet or damp Irish roads. I have owned two front-wheel-drive cars previously and miss the grip and poise they offer. I am thinking of going for a second hand 320d with xDrive. Will it make much of a difference to the handling?
Barry Jackson (Dublin)Nov 2019 Filed under: tyres
Expert answer
Hi Barry,
I think this sounds more like a tyre issue than anything else. Is there a possibility that the car is on cheap, aftermarket, tyres? If so, get them replaced with a set of something decent — Michelins or Bridgestones. Going for xDrive would help, of course, as the extra bit of traction is never a bad thing, but it does add (slightly) to your running costs because of the weight and the extra frictional losses.
Costs to import a 2012 Kia Soul?
I am considering buying a car with English registration, It is a 2012 Kia Soul 1.6 CRDi 2 five-door automatic diesel with almost 40,000 miles on the clock. I would like to know (1) the cost of Irish registration and (2) what tax band would it come under, and the annual cost of motor tax.
Thank you
Mary
Mary Doyle (Ballaghadereen)Nov 2019 Filed under: importing
Expert answer
Hi Mary,
That version of the Soul, with the automatic gearbox, has CO2 emissions of 155g/km, so it’ll cost you €390 a year to tax. VRT on import shouldn’t be too steep — probably around the €1,800 mark depending on optional equipment, but bring it in quick — if you leave it until after January 1st you’ll have to pay the extra NOx tax, and that will add €1,975 to your import bill...