Expert answer

Hi Stephen,

This car will be in the top band for VRT due to its high CO₂ emissions, so 41 per cent of the OMSP.

Now, as you probably know, this Open Market Selling Price is what Revenue believes the car to be worth after registration in Ireland, and it's very difficult to predict that value for a niche model such as the Honda.

If you take the top level of the price band as €18,000, then VRT would be €7,380.

Expert answer

Hi Jamie,

VRT is determined by the CO₂ rating and something called the Open Market Selling Price (OMSP). The latter is the value Revenue believes the car to be worth after it is registered in Ireland. That's not an easy thing to guess when it's a rare model such as the CLA 45, but for the sake of our calculations let's assume it's €35,000.

Now, that car had a CO₂ rating of 161g/km in 2014, but on importation that will be “uplifted” by Revenue to an equivalent WLTP value. That brings it up to 183g/km, meaning the car sits in VRT Band 19, at 35 per cent.

Hence, if those numbers are right (and these are only estimates), the VRT bill would be 35 per cent of €35,000, or €12,250.

Don't forget the NOx levy, VAT and import duty as well.

Expert answer

Hi Jay,

Revenue's VRT calculator is far from perfect, so you'll have to estimate the VRT yourself and hope you're close. For starters, the model you're looking at should have a CO₂ rating in Band 18 for VRT (156-170g/km), meaning 30 per cent of the Open Market Selling Price (OMSP).

Now, as you probably know, the OMSP is what Revenue believes the car to be worth once registered in Ireland and with a niche model such as the MX-5, it's not easy to guess what it will say.

If you believe it will be €30,000, for example, then the VRT bill will be 30 per cent of that, i.e. €9,000.

Expert answer

Hi Elizabeth,

On such a new vehicle, which presumably has a full service history and part of its new-car warranty in place, there aren't many 'cons' we can think of. That's assuming you have access to the car's history and that it has been registered in Ireland already by the dealer.

Ask for all the documentation showing when it was registered and for the full service history, etc. 

Expert answer

Hi John,

There's no way to know for sure the exact VRT due until the car is brought for inspection at an NCT centre after importing it. Even if the car appears on Revenue's site, there are disclaimers on there indicating that it's an estimate only.

To make your own estimate, you'll need to have the CO₂ figure of the specific car you're looking at and you'll need to guess what Revenue will say the Open Market Selling Price (OMSP) is for that car.

The latter is the figure Revenue believes the car to be worth as an Irish car selling on the open market today. It's not easy to estimate for a relatively rare model such as the A3 Cabriolet. We found one from 2014 listed on Carzone for about €16,000, which is probably as good a starting point as any.

Watch out with the CO₂ figure. The official figure for a 2014 car is likely to be according to the old “NEDC” system and unless a WLTP figure is available Revenue will use its “uplifting” formula to bring the CO₂ up. You'll find that formula in our Guide to Importing Cars from the UK page (it applies no matter where the car is coming from).

Once you have your CO₂ figure you can look up the VRT band and percentage on our How Much VRT is Paid in Ireland? page. The VRT due will then be that percentage of the OMSP.

The NOx levy is separate to this calculation – though payable at the same time. It's not so easy to look the NOx emissions up and hopefully the car in question has a certificate of conformity with the information on it. There's a bit about that on the Guide to Importing Cars from the UK page mentioned above that again applies no matter where the car is coming from.

Hopefully that all helps. If you want us to assist with the calculations, come back to us with as much detail as possible on the car in question.

Expert answer

Hi Paul,

As a passenger vehicle, the VRT cost will depend on the Open Market Selling Price (OMSP) and the VRT band. The latter is determined by the CO₂ rating, which for that model means the highest with emissions of well over 191g/km. VRT is therefore 41 per cent of the OMSP.

Unfortunately, the OMSP is nothing to do with the price you pay for the car. It's the figure Revenue believes the car to be worth in Ireland. That's not very easy to guess at for a rare model such as the Defender. For the purposes of our calculations let's assume it's €40,000, but you may know Irish values of these cars better so adjust the figures accordingly.

At an OMSP of €40,000, the VRT alone would be €16,400.

You will also have to pay the NOx levy on top of that. This can be up to €4,850 for diesel models and unfortunately the Defender is likely to attract the top value.

Assuming the Defender was imported into Northern Ireland and used there by someone (i.e. not just a car dealer), then you should not be liable for VAT or customs duty, but you will need to be able to prove its status to Revenue when importing it.

Motor tax in Ireland will be at the top rate of €2,400 per year.

A few useful guides for you:

Motor Road Tax Prices in Ireland Explained
Guide to Importing a Car from Northern Ireland
How Much VRT is Paid in Ireland?

Expert answer

Hi Guy,

It’s never easy to estimate the VRT on rare cars such as this, primarily because the calculation relies on what Revenue deems the car to be worth registered in Ireland. That’s referred to as the OMSP (Open Market Selling Price), and it’s very difficult to predict what value it will place on a rare model such as that Porsche. Let’s take it to be €50,000 for our calculations, but you need to be prepared for a drastically different number from Revenue.

That car’s high CO₂ emissions will place it in the highest band for VRT, at 41 per cent of the OMSP, so that works out as €20,500.

Expert answer

Hi Karl,

We need two things to calculate that. The first is the CO₂ rating to determine the VRT band. It's safe to say this car will be in the top band, with VRT of 41 per cent. 

The second, the OMSP (Open Market Selling Price) is trickier to guess as it's the price Revenue believes the car to be worth registered in Ireland - and it includes the VRT... This is especially difficult to estimate for an older model such as this that is very rarely up for sale.

If you take the OMSP to be €15,000 then the VRT would be 41 per cent of that, at €6,150, but we'd not be confident in suggesting what Revenue will say the OMSP is. 

Expert answer

Hi Ahmed,

We can help you calculate an estimate, but bear in mind there are variables that are outside our control. The two items needed are the CO₂ rating to determine the VRT band the car is in and the OMSP. The latter - standing for Open Market Selling Price - is not a fixed thing and not directly linked to how much you pay for the car. It is the price Revenue believes the car would sell for registered in Ireland and it's not always easy to guess a figure for. Also bear in mind that if the car has lots of extras, Revenue will bump up the OMSP. 

Anyway, to help give an estimate, I believe the CO₂ rating for that model should put the car into Band 9, at 15.25 per cent. 

Taking €19,000 as the example OMSP, that would mean a VRT bill of €2,897.50. 

Don't forget the NOx levy and, depending on where you're importing the car from, VAT and import duty as well.

Expert answer

Hi Michael,

I'd certainly suggest sticking with diesel given your driving profile so that easily rules out the 530e. Then things are not so clear cut.

There's a huge difference in price between the two used cars you're considering and the new Superb, which makes me wonder what you'd get in the used market for that same €53k (assuming you're buying outright, not on finance of course).

The used cars will have depreciated a little already of course, while the new one will depreciate more, relatively speaking, in its time owned by you. That's the sensible way of thinking, but there's nothing quite like a new car, either so only you can choose that.

Both the Superb and the 520d Touring are great cars, both similarly economical and comfortable, though the Skoda has the edge in terms of rear-seat space. The BMW is a little better to drive by way of compensation.

There's no right or wrong answer, in effect. I highly recommend you go and test drive as many representative cars as you can before you make the decision.