Can you explain what 'VAT' qualifying means on importing a car from the UK?
I am considering buying a car in the UK. Can you clarify what 'VAT qualifying' means? Does this mean that I can get the UK VAT back but I have to pay Irish VAT and VRT? I realise VAT is payable on cars less than six months old.
William Neale (Dublin)Jun 2011 Filed under: importing
Expert answer
Hi William,
Assuming we're talking about new cars or those that are less than six months old (and have less than 6,000km on the clock):
VAT qualifying cars are those that the UK vendor may sell on without charging for VAT to the following:
- a customer in a country outside the EU
- someone who isn't registered for VAT who will take a new car to another EU country
- a VAT-registered business in the EU
In your case, yes, you'd still have to pay Irish VAT and VRT.
Some light official reading for you around this subject that may explain more:
HM Revenue & Customs: Sending your motor vehicle to another EU country from the UK
HM Revenue & Customs: Motor dealers and VAT: selling new or used vehicles and extras
Hope that answers your question
What is my Mazda3 worth?
What is my 2005 Mazda3 saloon (1.6-litre DOHC 16v with 80,000km on the clock) worth?
Rob Davis (Dublin)Jun 2011 Filed under: used car values
Expert answer
Hi Rob,
The trade guides say it is worth about €5,100 if you trade it in but you might get closer to €6,000 as a private sale.
I hope that helps!
How much is my Volkswagen Passat worth?
I have 2006 Volkswagen Passat petrol FSii ,chrome finished windows, excellent condition, 145,000km on the clock. I was wondering what would it be worth if I was to sell it?
Melanie Walsh (Trim)May 2011 Filed under: used car values
Expert answer
Hi Melanie,
If you are selling it privately, you should ask about €7,200 for it. This should be what you advertise it for. If you are trading it in against another car, then you might get offered about €6,500 against a used car and perhaps as much as €7,000 if it against a new car.
I hope this helps!
How much is my Toyota Yaris worth?
How much can I expect to get for a 2004 1 litre Toyota Yaris with 30,000 miles on the clock and in perfect condition? Thanks
Colette Cronin (Trim)May 2011 Filed under: used car values
Expert answer
Hi Collette,
Wow, that is low mileage! It must be like new is it? If you were selling the car privately, I would say that you should ask about €5,500 for the car and be prepared to take around €5,000 for it. As a trade-in against a new car you might get around €5,000 and against another used car I'd say between €4,000 - €4,500.
I hope this give you some idea.
Can I trade-in two cars?
I have a 2000 Nissan Almera and 2003 Skoda Octiava. I want to use both against a new car. What are my best options?
John
John Butler (Thurles)May 2011 Filed under: choosing new car
Expert answer
Hi John - click on the link to see the video answer
If you did sell one privately, perhaps you could sell the Octavia and avail of the scrappage scheme (while there is time left) on the Almera. Come back to us if you need more help!
How much is my S-Max worth and should I keep it?
Hi guys,
I have a one-owner 2008 Ford S-Max 2.0 TDCi 140 Auto Titanium spec with 75,000km on the clock and wonder at approximate trade-in value? I see a wide variation in asking prices on the web. I am wondering if I should look to change it this year or next, or should hold on as it is a good car but don't want to be left with something worthless in a few years time.
Thanks,
Andrew
Andrew Kelly (Limerick)May 2011 Filed under: choosing used car
Expert answer
Hi Andrew,
That is quite an unusual spec S-Max that you have and as such it is reasonably difficult to price it because there are lots of basic spec 1.8-litre diesels around with manual transmissions. If you were selling that privately I think you would want around €18,500 for it though you'd probably get around €17,000-€17,500 if you traded it in.
Once that car starts to creep towards 100,000km the value will drop quite a lot, so bear that in mind. But the thing is, what would you be replacing it with anyway? I would probably think of upgrading to a newer one if you are in that frame of mind and can afford to do so, because it is probably at its most valuable now as the mileage is reasonable.
It is a lovely car though and it will be costly to get another at that spec. I guess you need to sit down with the calculator and figure out what you can afford. You might need about €14,000 along with your own to get into something similar in a demo model 2011 car.
I hope this helps!
What is the value of my 2005 Skoda Octavia?
What is the current value of a 2005 Skoda Octavia 1.6-litre petrol? There are 120,000 miles on the clock and it is in mint condition.
Liam Arrigan (Rathkeale)May 2011 Filed under: used car values
Expert answer
Hi Liam,
If you planning on selling it privately you should ask around €6,000 as your starting point leaving you room to negotiate. As a trade-in from a garage, you are likely to be offered around €4,000 - €5,000 at best, obviously depending on what you are trading in against.
I hope this helps!
How much is my 2006 Toyota Avensis worth?
Hi, I have a 2006 Toyota Avensis. It has 120,000km on the clock and some slight bumper damage. How much would this car be worth?
Karl Walsh (Dublin)May 2011 Filed under: resale value
Expert answer
Hi Karl,
Thank you very much for you inquiry. I am not sure how much damage is on the car, which could obviously affect the price somewhat, but what I would say is that if it is a 1.6-litre petrol it is probably worth aroud €7,200, but if it is a diesel it might be worth about €8,700.This is of course, a guide price and what you would expect to sell the car for privately.
I hope this helps!
How much is my Volvo S40 worth?
I have a 2005 Volvo S40 2.0D S with 153,000 km on the clock. How much should I expect for a trade-in and private sale respectively?
Padraig McCarthy (Limerick)Apr 2011 Filed under: used car values
Expert answer
Hi Padraig,
As a private sale you should probably ask about €9,000 and be prepared to accept about €8,500 for it and as a trade-in I would expect about €9,000 against another car. As we always say though, the best advice is to look at the cost to change when it comes to a trade-in and don't be too focussed on how much you are being offered for your car.
I hope this helps!
Do dealers and the public pay different VRT?
Could you please tell me if there is a differance in the VRT rate on importing car from the UK to Ireland if you are a dealership owner or a private customer?
David O'brien (Waterford)Mar 2011 Filed under: importing
Expert answer
Hello David,
In short - no. Anyone importing pays the same rate of VRT.
Revenue has a full guide explaining VRT here.