Expert answer

Hi John,

The VAT is charged on the "customs value of the car" according to Revenue, which includes "the purchase price, plus the cost of transport and insurance, plus any customs duties payable" - quite hefty in all cases.

Expert answer

Hi Martin,

I wouldn't say the market is being flooded with these cars - demand is still far outstripping supply. 

For the most part, these cars represent good value, but go into the deal with your eyes open. If at all possible, get someone in the know to take a detailed look around the car you're looking at, to make sure it's in good condition and that it's identical to a European-market model. 

I'd insist that the car was serviced on Irish soil before taking delivery, and make sure the tyres are ok as well, as these cars could have spent quite a bit of time at sea and at docks here in Japan.

Other than that, check out your insurance before you commit to buying, as insurers can be a little odd about imports at times. 

Expert answer

Hi Nelson,

OK, as ever our answers here include a certain amount of ‘it depends…’ as much does indeed depend on your driving style, the ambient temperature, the cost of your electricity at home and how much public charging you need to do. But, roughly, this is how it should all break down.

Let’s start with the Kona — and by the way, these are both excellent choices as the Kona and the Ioniq 5 are amongst the most impressive EVs on sale right now. Hyundai officially claims that the Kona Electric has consumption on the WLTP test of 14.9kWh/100km, but we’re going to be a little more pessimistic, or realistic perhaps, and assume that you’ll achieve more like 18kWh/100km.

At that rate of consumption, you’ll — obviously — burn through 18kWh of electricity for each 100km you cover. On its undercounted rate for electricity, Electric Ireland will charge you 21.9c per kWh, which means that you’ll pay €3.93 in electricity costs for each 100km journey, assuming you do all of your charging at home.

What if you’re not charging at home? Well… If you’re using one of the new very rapid ESB chargers, which cost 37c per kWh, that cost obviously jumps a bit. In fact it goes up to €6.63 per 100km. If you’re using an IONITY 350kW charger, without a discount or membership, you’ll pay 73c per kWh and that pushes the price up to more than €10 per 100km.

However, the likelihood is that you’ll be using a mix of all three, and maybe you’re lucky and can charge for free at work, so let’s stick a finger in the air and average it out at around €5 per 100km journey. That’s just for the electricity cost.

If you go for the Ioniq 5, then we reckon that you’re looking at more like 20kWh per 100km in day-to-day use, which gives you costs of €4.36 (home charging), €7,37 (ESB rapid charging), or €14.54 (IONITY). Again, all of these prices are to an extent moving targets, and can be reduced further with discounts on charging and home energy bills. Or with free or subsidised at-work charging.

Of course, there are not total life costs. You have to factor in the costs of buying the cars themselves — Hyundai currently has an offer for the Kona Electric of €254 per month on a PCP plan, or the Ioniq 5 at €380 per month.

Those are both for the basic models, but that’s actually OK — the base Ioniq 5, with the smaller battery, is actually quite a canny buy as it will still do a reliable 360km on one charge, and doesn’t look nor feel all that much different to the ritzier versions inside or out. Assuming a reasonable cost for insurance (never an entirely safe assumption to make…) I reckon we can get you in under the €450-per-month mark for either car, with the Kona obviously having a bit more headroom for costs.

The cost of the charging station at home is even more difficult to answer with surety. There is a wide variety of home chargers available now, at various price points, though of course you should be eligible for an SEAI rebate, too. The unknown is if any additional work needs to be done to your house's electrics. Take a read of our Charging your electric car at home feature for a little more detail on that.

Expert answer

Hi Charlie,

What you need to register and tax a vehicle as a commercial are:

1. Current commercial insurance certificate for the vehicle

2. Evidence of registration for VAT

3. Tax Clearance Certificate

4.. Notice of Tax Registration Form.

If you don’t have all or any of those then you’ll have to register it as a private vehicle. That’s actually easy enough — you just ring up your local motor tax office and tell them what you want to do, and all of the listings are on the motor tax website — but it does mean that you’ll be paying tax on the engine capacity, which, with a 3.0-litre Discovery, is going to be pretty chunky. Equally, insurance can be tricky for commericals-as-private cars, so get hold of a good, reliable broker to get you some quotes.

For more on this, we recommend our sibling site, www.CompleteVan.ie.

Expert answer

Hi Ray,

We got in touch with Aviva asking in general if there was an issue and we received this rather wishy-washy response:

"There are multiple factors that are taken into consideration by our motor insurance underwriters when providing quotes or determining cover for motor insurance.  Some of the factors that determine our acceptance criteria or the level of cover we provide include the driver’s details and experience, our own claims experience, the car (its make, model, engine size, age, brake horsepower, power to weight ratio etc.), to name a few.  
 
There are a small number of models from various manufacturers that we may not provide comprehensive cover on and this can be for a variety of reasons.  However, our risk appetite allows us to offer comprehensive cover for the vast majority of cars that are available to purchase in Ireland, which includes various Tesla models."

That doesn't really tell us much. I know that some people in other countries have been quoted high premiums as Teslas are supposedly expensive to repair, but this is the first time we've heard of someone with such a good driving history being refused comprehensive cover.

My advice would be to shop around for an alternative premium elsewhere. Insurers don't reward loyalty in any case so it's something to consider doing every year.

Best of luck with it.

Expert answer

Hi Jim,

When you’re importing a car into Ireland, according to Revenue, the VAT calculation is made on the ‘customs value’ of the car. This is defined as “The purchase price, plus the cost of transport and insurance, plus any customs duties payable.” It’s charged at 23 per cent, incidentally. 

However, you say you want to import “our” Mercedes? Does that mean you’re moving to Ireland and bringing your car with you? If so, you may be exempt from paying both VRT and VAT. If you have owned the car for longer than six months, and can show proof of motor tax at your previous address for at least that period, plus can document your move to Ireland, you should be able to skip both payments.

Expert answer

Hi Gavin,

It can be tricky, as some insurers — and we don’t know why, but Irish insurance and insurers are never less than needlessly awkward — seem less than keen to insure a commercial vehicle as a private car. Your best bet is usually to find a good, local broker who might be able to help you navigate the insurance waters a little more easily. 

Expert answer

Hi Scott,

There shouldn’t be any issue. Anything out of the ordinary will always gets Revenue’s antennae twitching, but as long as you can show proof of change of address, and proof of tax and insurance for at least six months at previous UK address, you should be OK. After all, there’s nothing that says the exemption is specifically limited to one vehicle at a time...

Expert answer

Hi Helen,

OK, first off there’s nothing to be concerned about. People who are temporarily resident in Ireland are allowed to bring their cars with them, and not have to re-register or fully import them for as long as 12 months. There are no forms to fill out, you just have to be able to show proof of address, purchase, tax, and insurance when and if you’re asked. Students who are studying in Ireland can keep cars with them for the duration of their studies, even if that exceeds 12 months, so there are clearly generally lenient rules when it comes to this. Given that your daughter is (a) intending to return to the UK when it is safe to do so and (b) effectively sheltering with you because of the pandemic, I wouldn’t be too concerned about having the car taken away nor anything like it.

Really, the only issue that would arise is if your daughter wanted to sell the car here, but if she’s going to keep it, I would say you’ve not much to worry about. 

Expert answer

Hi Caroline,

Right, this is a bit of a tricky one. The good news, first off, is that there’s no issue with moving a car between England and Northern Ireland — no duties nor VAT to pay, all you have to do is inform the DVLA of the change of address.

Bringing that car south might then represent a difficulty, but it will depend on how long you wait between your registering the car in the North and bringing it south. Technically, Revenue have told us that there is no specific timeline when it comes to having a car registered in Northern Ireland and not having to pay import duty and VAT when importing that car into the Republic. However, they have also said that they will be carefully monitoring the paper trail of each car to ensure that no-one is trying to game the system. If there’s only going to be a short gap between you registering the car in the North and then importing it into the South, that could get antennae twitching at Revenue, even if you’re technically above board.