Big Spender
Registered User
- Messages
- 12
Thanks for the post
Do you mind sharing indicative figures please? I'm interested in this approach. Specifically, is the saving 5%, 10% or more?
Regards
Pat Kenny had a segment on this last week. Reporter bought a car and the scottish salesman said the warranty would be covered should anything go wrong by an Irish garage convenient to the Irish owner. We are planning on looking into this for our next car change as were afraid of the risk last year.
That will be the case for most manufacturers where there is some of the manufacturer's warranty remaining. If you buy a car out of manufacturer warranty, you probably have to take the hit yourself, or pay to return the car to the dealer if something goes wrong.
This will vary with the particular warrantee involved. I've imported about 5 or 6 cars over the years. At least one of them - a BMW - was covered under BMW's "approved used" scheme
Thinking of importing new mercedes CLA but i am unsure of the process adn whether the savings will be worth it.
My gut feeling is that they savings may be small but you get a far better spec for your money
Correct- VRT is a tax on the vehicle, VAT and itself - a recursive tax- it takes itself into account as it itself is calculated- so then it needs to be recalculated to account for itself and then recalculated etc.- if you remember limits from school maths it is basically that.(3) Secondly, VRT is calculated in relation to the OMSP (Open Market Selling Price). The OMSP is said to be "the expected retail price, including all taxes in the State". So it occurs to me that VRT is basically tax on tax, is it not, as "all taxes in the State" must, by definition, include VRT?????
Has anyone challenged Revenue/Ministers on this point?
.
I've just discovered this thread and there seems to be 2 sets of opinions as to whether or not it is beneficial to import from the UK. Some seem to feel it is whilst others seem to suggest that any savings made are not really worth the hassle (unless I've misunderstood).
(1) I am looking into buying a new car - vehicle of choice at present is the Hyundai IX35 - but I prefer a petrol vehicle and most of the cars in Ireland are diesel. So I looked at Autotrader.co.uk and found a 1.6cc petrol engine, registered after January 2012 but with a 2013 plate, with only 500 miles on the clock, for approx.GBP14700. My local Hyundai dealer doesn't have any petrol models at all.
Would this car be classed as a used or new car for VRT purposes?
Converting the GBP14700 at today's rate comes to just under €17300 and the cheapest model at my local dealer's is €26495, for a 1.7 diesel model. Personally, I think that's absolutely outrageous, particularly given that there is so little difference in engine size.
In UK a 2013 1.7 diesel 2WD manual is GBP18855 (€22107) OTR price; my dealer's price is €26495 but I don't think that includes motor tax etc.
(2) I then come up against the Revenue's VRT calculator, which, even though it asks me to specify petrol or diesel and I specify petrol, it automatically enters the 2.0 model;this,despite the local dealer having 4 models with 1.7 admittedly diesel) models!! Why does the Revenue calculator do this? Can anyone help?
(3) Secondly, VRT is calculated in relation to the OMSP (Open Market Selling Price). The OMSP is said to be "the expected retail price, including all taxes in the State". So it occurs to me that VRT is basically tax on tax, is it not, as "all taxes in the State" must, by definition, include VRT?????
Has anyone challenged Revenue/Ministers on this point?
Taking all the above into consideration, would it be worth my while to import a new car or not? Or if not a new car,
I'd be interested in your views on my comments/questions. Many thanks.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?