How much VRT to import this 2015 Mondeo?
2015 Ford Mondeo 2.0-litre 150 Titianium, registered in Feb 2015, now 98,000k miles on the clock and emissions rating of 115g/km: how much is VRT importing it from the UK?
Thanks
Hugh
Hugh Ohanlon (Sligo)Nov 2017 Filed under: VRT
Expert answer
Hi Hugh,
It’s only a rough guess, as ever with VRT, but it should be in the region of €3,300.
Tricky to import a petrol Dacia Duster?
I'm interested in a new Dacia Duster, but petrol not diesel. Dacia Ireland doesn't offer the petrol model, so I'm contemplating a new UK petrol Duster imported by me. I'm aware of the import process, but are there any likely problems? I'm especially thinking about insurance issues if it's a model not routinely sold in Ireland and also the VRT valuation process for a model not usually available here.
Any thoughts, please?
Paul Marsden (Mohill)Oct 2017 Filed under: importing
Expert answer
Hi Paul,
It depends. If it’s the basic 1.6-litre petrol model, then your VRT will be around €3,000 (ish, depending on spec) and that model already appears on Revenue’s system. If it’s the more expensive version with the 1.2-litre petrol turbo, then it’s trickier as, you’re quite right, Revenue doesn’t have that car on its systems.
I would think they’ll hit you up for around €4-5,000 in VRT for one of those. The process isn’t too difficult, as such, but if you don’t fancy it, the new, updated Dacia Duster will be launching next year, and that should finally come with a petrol engine option here.
How can I estimate VRT on a new Kia Niro?
Regarding the Kia Niro hybrid: there are two Irish models and four UK model specifications (1, 2, 3 and First Edition). To date, only one of the UK specs have been imported, the Niro 2, which is why only one appears on the Revenue VRT calculator.
I would like to import the top-spec (First Edition) since this spec is not available in Ireland. The problem with this is that I have been told that I cannot get an estimate of this high-spec'd car until after I purchase it and then bring it to the VRT office for evaluation, after which they compile a report of the extras and then I sit back and wait.
This is too much of a risk for me to take. It is all to do with OMSP value. The difference between the highest Irish Niro spec to the highest UK spec is electric sunroof, front parking sensors and an eight-speaker high quality sound system. In your expert opinion, by how much could I expect the Rosslare Revenue office to increase the OMSP value by for my First- Edition model?
Currently, of the four UK models available, the Niro 2 has a VRT OMSP value of €27,535 (but try adding the previous three extras...).
Apologies for this rant.
Many thanks!
Michael Carey (Letterkenny)Aug 2017 Filed under: VRT
Expert answer
Hi Michael,
The price gap, new, in the UK market is around £4,200, but it will depend on whether Revenue treats the extra equipment as a separate model, or extras added to an existing car, in which case the gap would probably be higher still. I think, and this is a pure finger-in-the-air calculation, that if you add about €6,500 to the OMSP of the Model 2, then you’ll be in the right ballpark, but sadly this is yet another example of the inequity of a system that charges you based on what they think you should have paid, versus what you actually paid.
Will hybrid VRT relief change in the Budget?
I would welcome your opinion on the upcoming 2018 Irish Budget in November. The current VRT relief on hybrid cars is €1,500. In light of current poor sales of hybrid cars in Ireland (two per cent of total Irish sales), do you see them raising this value or could they possibly withdraw it?
I ask this because I am planning to purchase a hybrid for 181 and I would like to take advantage of the 'increased' value.
Michael Carey (Letterkenny)Aug 2017 Filed under: hybrid
Expert answer
Hi Michael,
I would expect to see little to no change in the hybrid subvention in the coming budget. Although there will be some pressure to incentivise low-emissions cars that aren’t diesel, the focus will probably be more on higher incentives for battery-electric cars, and possible plugin hybrids, and some changes to the reclaiming of VAT on petrol for company users. The Department of Finance will be well aware that there is a huge number of new hybrid cars due for launch, and they won’t want to risk a fall-off in revenue by increasing the subvention, so I think, at this point, it’s unlikely to change very much.
Will there be Budget changes for 2018 VRT?
Budget 2018 and the hybrid reduction amount of €1,500 on a new Kia Niro: in your opinion. would you expect this figure (VRT reduction) to increase, based on the fact that hybrids have not been selling very well this year (two per cent of total sales in Ireland), and the government needs to encourage hybrid sales. Hence, I would wait until the budget is announced before buying my 2018.
Thanking you as always for your expert opinion.
Michael Carey (Letterkenny)Aug 2017 Filed under: VRT
Expert answer
Hi again Michael,
Our answer on your other question is relevant here too: I would expect to see little to no change in the hybrid subvention in the coming budget. Although there will be some pressure to incentivise low-emissions cars that aren’t diesel, the focus will probably be more on higher incentives for battery-electric cars, and possible plugin hybrids, and some changes to the reclaiming of VAT on petrol for company users. The Department of Finance will be well aware that there is a huge number of new hybrid cars due for launch, and they won’t want to risk a fall-off in revenue by increasing the subvention, so I think, at this point, it’s unlikely to change very much.
Can you help me estimate a Niro's OMSP?
Determining the OMSP of a car that is not available within Ireland: yes, I have read through all of the Revenue documentation, and the only remaining variable in determining the VRT amount due is in determining the OMSP of the UK car. There are two Irish versions of this car, but there are FOUR in the UK. Only one of the four have previously been VRT'd, (I know this because it shows on the VRT calculator).
The car I wish to purchase is the top-spec, which includes front parking sensors, sunroof and high-spec sound system. What value could the Rosslare Office assign to these extras? What's worse, I rang Rosslare and they said that I have to purchase the car then register it, and only then can they tell me the OMSP of the car. This is too much of a risk. Please help if you can.
This car is a hybrid, hence the reason why only one of the four types have previously been imported.
Michael, Donegal.
Michael Carey (Letterkenny)Aug 2017 Filed under: VRT
Expert answer
Hi Michael,
The problem is that it’s not an open and transparent system. Because there is no official guide for second hand prices in the Ireland (such as the UK’s Glass’s Guide) it means that Revenue can set a value that they see fit, both for vehicles and for extras. Sadly, and I’m sorry that this isn’t much use to you, any value we might ascribe to such extras is a pure guess, and could be completely at variance with what Revenue eventually says. It’s an unpleasant quirk of an outdated vehicle taxation system.
How much VRT on a BMW 4 Series?
Hi,
How much VRT would be payable on a 2015 BMW 430 M Sport Convertible? First reg. 5/6/2015.
Thanks
Lukas Broda (Dublin)Aug 2017 Filed under: VRT
Expert answer
Hi Lukas,
Is that a petrol 430i? If so, VRT should be in the region of €6,000-€7,000, but without more details, that’s just a pure finger-in-the-air calculation.
How do I calculate VRT on a Countryman?
I'm looking at importing a MINI Countryman from the UK, but the revenue site doesnt even have that version under MINI, never mind the model. I'm asking if you know of a point of contact to get an approximation from before importing as I don't want to arrive at an NCT centre and get told that I owe something crazy.
Thanks
Pat, Slane
Pat Ryan (Dublin)Aug 2017 Filed under: VRT
Expert answer
Hi Pat,
The Countryman is in the Revenue VRT calculator, but it’s in an odd position. You have to select Cooper, One, or First, then pick Hatchback as the body style and then once you’ve selected the usual petrol or diesel, manual or auto functions, you should find the Countryman models in there.
Any idea of VRT cost on 1994 Mercedes?
Hi,
I've bought a 1994 Mercedes-Benz E-Class Convertible from the UK. It's not listed on the Revenue VRT calculator. Sale price of £9,000. I had thought VRT would be low, but it looks like that might not be the case!
Any idea how much this might cost me?
Bobby Kennedy (Dublin)May 2017 Filed under: VRT
Expert answer
Hi Bobby,
That model, depending on the engine and spec, is going to be worth in and around €10,000 on the Irish market, so you’re probably looking at a VRT cost of in and around €2,500.
Help me import my electric car please!
I bought an electric car (a Renault Zoe) from Charles Hurst in Belfast, but I am finding it difficult to be sure of the paperwork to be presented at a VRT centre in Ireland.
Is there a number I can ring? Revenue only seem to have answering machines. Do you know if I should fill out the V5 form (red and blue form given by dealer) and send part of it away? On the form it says to send it to Swansea, but is that not just for people in the UK? Also as I have bought a second hand electric car, I do not have to pay VRT, but do I need an official letter confirming this before I go to aVRT appointment?
Any advice would be very helpful.
Meabh Durand (Scarriff, Co Clare)May 2017 Filed under: importing
Expert answer
Hi Meabh,
No, don’t send off the V5 — you’ll need that and Revenue in Ireland will send it off to the DVLA in Swansea when they’re done with it. You’ll also need proof of sale or a receipt, proof of date of the car’s entry into the state, a VRT declaration form that you can download from the Revenue website, proof of your own address (house bills etc), proof of your PPSN number and documentation confirming the vehicle’s CO2 emissions — the V5 should cover that nicely.