What is the VRT on a 2012 Mitsubishi L200?
What is the VRT on a 2012 Mitsubishi L200 Warrior?
Michael O Keeffe (Cork City)Dec 2015 Filed under: VRT
Expert answer
Hi Michael,
Bit of a 'piece of string' question, as it depends entirely on what Revenue decides the Open Market Selling Price (OMSP) for that car is, and VRT will be 13.5% of that number. Based on what a 2012 L200 Warrior sells for I'd say it'll be about €2,500, but then again, I don't work for Revenue...
What happens with a late registration?
This is my supplementary question to Neil Briscoe regarding VRT on classic cars. Thank you for following up Neil. Regarding the fact that the car in question has been in Ireland since 2006 without being registered, will this mean that a surcharge will apply on registering the car now due to the lateness of that registration?
Many thanks again
James
James Edwards (Tullow)Dec 2015 Filed under: classic cars
Expert answer
Hi James,
Well, the rule says that when a vehicle is imported it must be booked for an NCT inspection and VRT valuation within seven days of its arrival in the state. The process of registration and payment must then be completed within 30 days of arrival.
Now, it's just possible that there may be a a valid reason why this car hasn't been registered, or it may have been declared off the road at the time of entry. I think you need to get on to your local tax office and ask for help with this though as there could well be a fine in the offing, never mind a surcharge.
What's VAT situation on importing from UK?
I am considering buying a VAT qualifying car with a VAT number in the UK that is more than six months old and more than 6,000km on the clock. What are the immediate or later VAT implications for me?
Michael O Neill (Limerick)Dec 2015 Filed under: importing
Expert answer
Hi Michael,
None. If you’re importing a car from the UK that is older than six months old, the VAT is considered as paid and you only need to deal with the VRT charge.
What taxes to pay on registering a classic?
Sirs, I have an opportunity to purchase a classic car that was acquired in the UK in 2006, but little used and never registered. What registration charges and/or penalties are likely to be due now?
Much obliged.
James Edwards. Tullow.
James Edwards (Limerick)Nov 2015 Filed under: classic cars
Expert answer
Hi James,
It depends on what you mean when you say 'classic.' If the car is more than 30 years old (taken from its first date of registration) then you'll only have to pay a nominal Vehicle Registration Tax fee (about €200) and motor tax will be €56 for a year. If it's younger than 30 years then you'll have to pay VRT at the full rate and depending on the car and its estimated value that could be quite expensive.
How best to import my car from the UK?
Hi, I'm an EU citizen, I lived 10 years in London, UK. I have my own car on GB plates, a 15 year-old Ford Mondeo 2.5 V6 automatic. I have a long MOT on this car. I have owned this car about four months, I have previous insurance, history, etc. What is the best way to register the car in Ireland? Will the MOT be accepted if I have 11 months left?
Thanks,
Laszlo
Laszlo Szabo (Clonbur)Nov 2015 Filed under: importing
Expert answer
Hi Laszlo,
I'm afraid not. When you import the car into Ireland it will have to pass through an NCT (National Car Test - our equivalent of the MOT) before it can be legally registered here. That shouldn't be a problem though - any car that can pass an MOT should also pass an NCT. The problem is that because you have owned the car for less than six months, you'll get caught for Vehicle Registration Tax (VRT) when you bring it in to the country - and on a 2.5-litre V6 engine that's going to be 36 per cent of what the Revenue Commissioners judge the vehicle's market value to be. This could get very expensive and you might be better off selling the car before you move and buying something new here.
Do I need to pay VAT on importing this Peugeot?
Hi,
I am thinking about importing a Peugeot 508 from the UK. They will sell it to me VAT free. It was "pre-registered" by the dealer, but never sold. It has only 100 miles on the clock but as it is over a year old is it liable for Irish VAT?
Thanks,
John.
John Madden (Carndonagh)Oct 2015 Filed under: importing
Expert answer
Hi John,
Yup, you'll have to pay the VAT I'm afraid. The rule says that if a car is less than six months old or has less than 6,000km on the clock, it's liable for Irish VAT upon entry into the state. You'll be charged it along with your Vehicle Registration Tax (VRT) at the time of inspection.
Why are there no diesel hybrids?
Why are there no diesel hybrids?
Martin Moroney (Dublin)Sep 2015 Filed under: hybrid
Expert answer
Hi Martin,
There are a few, actually. Volvo sells the V60 D5 Twin Engine here in Ireland, which is a plug-in diesel-electric hybrid, while Citroen sells the DS 5 Airdream Hybrid4 200. Peugeot used to sell the 3008 HYbrid4 too, but it doesn't appear to be on the price list now, while Mercedes-Benz has had diesel-electric hybrid tech for a few years.
In fairness, we don't expect them to get any more plentiful or popular. Hybrid technology is expensive to produce and diesel technology is more expensive than petrol, so putting two expensive sets of components together inevitably means a high purchase price, even if the emissions are low and the VRT is kept in check.
What do you think of this imported Toyota Auris?
I am thinking of buying a Toyota Auris 1.4 petrol with 36,000 miles on the odometer. It is a UK import and the seller is asking in the region of €9,000. Do you think I should buy this car?
Peter Codd (Dublin)Sep 2015 Filed under: importing
Expert answer
Hi Peter,
It depends on the year and service history to be honest but it sounds ok from here. Make sure you know the ins and outs of importing the car though. Has the seller paid the VRT yet? Has it been properly re-registered? Worth doing a thorough history and background check too, on any car, with Cartell.ie, but especially a UK import.
Does it still make sense to import cars from the UK?
Do you still think it makes sense to import cars from UK given the high VRT charges?
Paul Jones (Louth)Aug 2015 Filed under: importing
Expert answer
Hi Paul,
Sometimes it can, actually. It's all a matter of doing your sums carefully. Yes, the drop in the value of the Euro has made things much more marginal, but the fact is that UK cars are often still good value compared to Irish equivalents. Just do your homework, don't forget to include travel and accommodation costs in your calculations and keep your fingers crossed come VRT inspection time.
Do imported UK cars keep their registrations?
Hi, If my memory serves me right, it was normal to retain the original UK no. on a road vehicle here in Ireland. Is that still the case?
Regards
Jim
Jim Casey (Waterford)Jun 2015 Filed under: importing
Expert answer
Hi Jim,
Nope, certainly not any more. The rules say you must book a Vehicle Registration Tax assessment (which is carried out at an NCT centre) within seven days of the car's arrival in Ireland, and the registration process, including the payment of any VRT and VAT owing, and the use of the new Irish number plates, must be completed within 30 days.
Or, you know, fines, courts, thumb-screws, all that jazz.