Pricing of the new Peugeot e-2008?
What is the pricing of the new Peugeot e-2008 electric car?
David Egan (Kildare)Oct 2019 Filed under: future cars
Expert answer
Hi David,
We don’t know yet as the car hasn’t been launched on the Irish market, but we can hazard a guess at around €32-33,000, net of VRT rebates and the SEAI grant.
Electric or hybrid for me through work?
Hi!
I would like to ask for your help in choosing between a new electric car (price 30,000 Euro) and a hybrid car (price 24,000 Euro), taking into consideration that, due to my workplace, I am exempt from paying the VRT and the VAT. Could you please help me find out the final price I will need to pay for those two types of cars?
Thank you.
Andrew Parnwell (Dublin)Sep 2019 Filed under: electric cars
Expert answer
Hi Andrew,
That’s a tricky one as you’ve not told us the precise cars in question. The thing is, an electric car with a price of €30,000 has probably already had the VRT rebated on it, so you won’t make as big a saving — you’ll only save the VAT, which will represent a discount of around €5,000, bringing the price down to around €25,000.
With the hybrid, assuming it has CO2 emissions of under 100g/km, and therefore is in the 15 per cent VRT band, you could make a huge saving. It’s a rough guess, but we reckon you’d save €4,000 worth of VAT and €3,000 worth of VRT, bringing the price down to €17,000.
Now, these are just rough calculations, and the final, proper figures may differ, but on the face of it the hybrid model offers a better up-front saving, but then you have to work in the potential for much cheaper running costs with an electric car when it comes to fuel and servicing.
Will it cost more to import after Brexit?
Post Brexit 1/11/19, if I am importing a used car from the UK, which I assume is now out of Europe, VRT will of course still apply, but is there going to be VAT and Customs duty applied? For example if I bought a mobile phone from Europe at 100 Euro no problem as it's a member state so no other taxes. If I bought the same phone in Singapore delivered to Ireland it would be subject to customs checks duty etc.
Keiron Padmore (Letterkenny)Sep 2019 Filed under: importing
Expert answer
Hi Keiron,
The short version is we simply don’t know. Until the UK government and parliament gets its act together and either exits with a deal, or crashes out with no deal, then everything is both on and off the table. In general, it’s assumed that the UK will continue to shadow most EU regulations in the immediate period after Brexit, which might suggest that VAT and customs duty won’t apply, and it’s unlikely that VAT would be charged in any case on a second hand car that’s more than six months old. That said, the Irish Government may take a view that, if there is no deal, it may have to protect the Irish market from the ‘dumping’ of cheap imports and may apply taxes or restrictions accordingly. The short version, I’m afraid, is that we still simply don’t know, and — given the current turmoil in UK politics — probably won’t for some time.
How much VRT on imported Honda Civic?
Hi!
I'm having trouble calculating the VRT due on a car that I'm thinking of buying from Northern Ireland. The VRT Calculator on the ROS website doesn't seem to have the exact spec I'm looking at, although the car is for sale in Ireland too. It's a Honda Civic - five-door hatchback, 1.5-litre petrol engine, manual transmission, 12,000 miles, registered November 2017. If you have any advice that would be great!
Thanks, Katie
Katie Hughes (Meath)Sep 2019 Filed under: VRT
Expert answer
Hi Katie,
OK, it’s only a rough calculation, but assuming that it’s a Civic VTEC Turbo 1.5 Sport, we reckon that’ll cost you around €2,600 in VRT.
Can I import a Tesla Model 3 from the UK?
Hi,
Can you import a new Tesla Model 3 from the UK to ROI?
Con Phelan (Kilkenny)Sep 2019 Filed under: importing
Expert answer
Hi Con,
You can, and the good news is that you’ll get a €5,000 rebate on the cost of the VRT. The bad news is that you’ll still have to pay VAT if the car is less than six months old. The worse news is that you might struggle to find a Model 3 to import at all — there’s a big waiting list for them and second hand examples are thin on the ground.
VRT on importing a Mercedes CLA?
The VRT Calculator on Revenue's site does not have the model of car I am considering importing into Ireland. How can I know what VRT I will be charged before I present the car? It is a Mercedes-Benz CLA 220 AMG Line Auto that is six months old. The calculator has the 180 AMG Line Auto and the far more powerful 45 AMG 4Matic, but none of the models in between.
J Malone (Waterford)Aug 2019 Filed under: VRT
Expert answer
Hi there,
We can usually only guess at what Revenue will charge in terms of VRT (and it’s dependent on equipment levels, of course, as well), but we’d take a guess at a VRT cost of around €6,900 on that one.
VRT to import this Vauxhall Corsa?
Please open this link and you will see a Corsa. The seller is ready to sell that car for €1,500; what will be VRT on that in Ireland?
Muhammad Bilal (Cappoquin County Waterford)Aug 2019 Filed under: VRT
Expert answer
Hi Muhammad,
It’s a rough guess (you can never quite tell which way Revenue is going to go with some cars), but I’d say you’ll pay between €900 and €1,000 VRT on that.
Can I used the Disabled Passengers Scheme?
Hi there,
My Dad has recently stopped driving; he's 88 and his mobility has become an issue. Can I apply for a primary med cert and claim back VAT and VRT on a new car? I am an only child and his only means of transportation. Also, how much would the allowance be on a car worth €40,000, for example?
Thanks for your time, John
John Mulrooney (Dublin)Aug 2019 Filed under: miscellaneous
Expert answer
Hi John,
Yes, you should be able to apply for a repayment of VRT and VAT on a new car, or the residual VRT on a used car, if you are the named driver of someone who qualifies under the Disabled Drivers and Disabled Passengers Scheme. I’d start by looking at the Citizens’ Information page on this, and then contacting your local motor tax office when you’re ready to. You may also qualify for free annual motor tax. As for the allowance on a €40,000 car, that will depend on the particular model as the VRT is calculated on emissions, not price.
How much is an imported Alpine A110 worth?
I have a VRT query on a 2018 Alpine A110 (just one year old to the day) with emissions of 138g/km and a list price in UK new of £51,080. It's not on the list of models on Revenue's web site; just looking for general guidence on what Revenue would describe the OMSP as?
Kevin Rooney (Dublin 4)Aug 2019 Filed under: VRT
Expert answer
Hi Kevin,
That is a good question. And by good, I mean we haven’t a chance of being able to answer it. There are literally no Alpine A110s for sale in Ireland right now (and more’s the pity) so it’s a total guess as to what Revenue will say it’s worth. I would imagine that, for a year-old version, they’ll take the UK price, add VRT, and then knock off around 15-20 per cent for depreciation (although the Alpine’s desirability may mean that they try and claim that there is no depreciation…). That would suggest a total value of around the €55,000 mark, but again, as I say, that’s a total guess.
Any VRT on importing an electric car?
If importing a one-year-old EV from UK (no VAT due) where EV grants have been paid, will I have to pay VRT in Ireland?
Michael Neylon (Corofin)Aug 2019 Filed under: electric cars
Expert answer
Hi Michael,
It depends on the vehicle, and what Revenue reckons the Open Market Selling Price in Ireland is. There’s a €5,000 VRT rebate on any electric car when you import it so unless the car is so expensive that it incurs VRT of more than €5,000 you won’t pay a penny.