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Hi Marie,

Theoretically, as you're moving house and you've had the car taxed and insured at your previous address there should be only an administrative fee to pay. But I'm guessing it wasn't your name on the logbook while it was in the UK, which may put a spanner in the works (unless you and your dad have the same name of course...). I think your only option is to talk to someone on the Revenue help desk (and they really are very friendly and helpful) and explain your situation. There might be a loophole through which you can slip. 

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Hi Mark,

With a car like that what really drives the value is the history and condition, so if it’s perfect and if all the stamps in the service history book have a Porsche crest on them then it should be worth around €35-37,000.

The VRT export rebate process isn’t especially difficult but there are a lot of forms to fill out and you’ll need a lot of proof of where the car is going and to whom it’s been sold. You can find all the necessary details here:  http://www.revenue.ie/en/tax/vrt/export-repayment-scheme/faqs.html

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Hi Ruairi,

Nice idea, but it won't work. Do you really think the good folk at Revenue haven't thought of that particular plan before? The official documents state that not only must the car be insured and taxed, you have to have physically been resident overseas too, in "the place where you usually lived, for at least 185 days in the year ending on the date of transfer, because of occupational and personal ties."

There are a bunch of other restrictions on the transfer of address waiver and you can find them here: http://www.revenue.ie/en/tax/vrt/leaflets/tax-relief-transfer-residence.html

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Hi Brian,

Well, it's all down to the CO₂ emissions because it's that on which the rate of VRT will be applied. You need to do your homework though as cars that can be quite affordable in the UK can be wildly over-priced in the Irish market leading to you paying more VRT than you really should do.

Ideally, you need to be spending above €30k on a car to make it truly worth your while on importing a car, thanks to the exchange rate. The BMW 3 Series, Audi A4 and Mercedes-Benz C-Class are all well worth looking at, as well as higher-spec versions of the likes of the Skoda Superb, Volkswagen Passat and Mazda6. 

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Hi Camillus,

Ok, I think you might be about to have a MASSIVE row with Revenue over this one...

Lexus IS diesels of that age are ridiculously cheap in the UK. Your £4,000 isn't even the cheapest I've seen.

Here at home though, they're massively over-priced. I've seen some advertised at north of €16,000 and that's the sort of figure Revenue is  going to value the car at. With 168g/km of CO₂ that means 27 per cent VRT and a bill therefore of around €4,000 to €5,000. Which is just ridiculous for a car that's cost you, in cash, about the same amount. But unless you can show that the car would be worth significantly less in Ireland than other advertised IS 220ds then you're stuck with it I'm afraid.

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Hi Maria,

OK, please bear in mind that this is a total ballpark figure - the car will have to be inspected at an NCT centre and it will depend on how much optional equipment is fitted and precisely what Open Market Selling Price is applied by Revenue. It's a very, very inexact science.

However, assuming that it's judged to be worth around €14,000, the VRT will be 17 percent of that, which is €2,300. 

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Hi Barry,

It depends on whether it's the 90hp versions (with CO₂ emissions of 109g/km) or the 134hp stop-start version (CO₂ of 94g/km). It'll be either 15 or 16 per cent of the open market selling price, which is around the €16,000 mark - so around €2,400 to €2,500. 

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Hi Barry,

Well, it’s never possible to say exactly as each car is assessed individually, and it depends on what optional extras etc are fitted, but the cee'd has CO₂ emissions of 100g/km, which means you’ll pay 15 per cent of the Open Market Selling Price (OMSP) in VRT, which, with values hovering at around the €16,000 mark, means a VRT cost of around €2,200.

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Hi Paul,

It depends on the car and its CO₂ emissions. VRT is calculated on the basis of emissions starting at 14 per cent of the Open Market Selling Price (OMSP - or what Revenue calculates the car would sell for in Ireland) and topping out at 36 per cent. 

That said, if the car is only costing you £595, the VRT isn't going to be very much regardless.

Expert answer

Hi John,

Basically it's what you do when you can't find an already-calculated Open Market Selling Price (OMSP) for your car. You look instead at similar models in the UK market, calculate an average and then calculate the difference between that and the average price for similar models in Ireland. Basically, it's a quasi-official guesstimate and Revenue has some helpful tips and hints here: http://www.revenue.ie/en/tax/vrt/faqs-vrt.html