How does the Irish VRT work.

Can you buy a new car in the UK and import it, or do you still pay VRT?

Are used cars subject to VRT also?

Yes, my father in law lives in County Limerick and took our old 2001 Octy Estate L&K, he had to pay VRT on a deemed second hand price. Its basically import duty (but renamed as vehicle registration tax to get around EEC free trade rules which ban intra-Europe import duty). In UK it is a fixed charge on first registration, but is small something like £25 to cover admin.

There is nothing to stop an Ireland citizen ordering through UK broker (saving about 18-20%) then driving it back via ferry. But need to pay VRT. From memory VRT is a percentage of the purchase price, and the percentage rate depends on either engine size or emissions. However As the UK spec is usually higher, and Irish spec is more limited, this is sometimes a way to get what is not available in Ireland, would need to check exact specs, exchange rate, and VRT rate to do comparison

Edited 2 April, 201610 yr by SurreyJohn

Yes, my father in law lives in County Limerick and took our old 2001 Octy Estate L&K, he had to pay VRT on a deemed second hand price. Its basically import duty (but renamed as vehicle registration tax to get around EEC free trade rules which ban intra-Europe import duty). In UK it is a fixed charge on first registration, but is small something like £25 to cover admin.

There is nothing to stop an Ireland citizen ordering through UK broker (saving about 18-20%) then driving it back via ferry. But need to pay VRT. From memory VRT is a percentage of the purchase price, and the percentage rate depends on either engine size or emissions. However As the UK spec is usually higher, and Irish spec is more limited, this is sometimes a way to get what is not available in Ireland, would need to check exact specs, exchange rate, and VRT rate to do comparison

True except for the part where you say VRT is a % of the "purchase price" - its actually % of the price that the Revenue Com set, which is almost always an inflated value. So even if you negotiate 20% discount on the MRRP you will not pay VRT based on that discounted price but on the full MRRP. 

 

So the VRT on a new Octavia VRS is €4982 - And now I also have to pay for the water I use to wash the car. We are truly paying for the mistakes of others through the nose these days. But I digress. 

 

Add that to flights, boat back, fuel etc etc and the Sterling conversion and it quickly becomes not worth while.

 

And you can't trade in your existing car, so will have to go to trouble of selling privately - which is tough if you are trying to sell a 2 or 3 year car privately. Most people looking to buy such a young car while go through dealers. Not a huge market for private car sales of 2/3 year old cars. 

 

By the way I think the days of UK cars spec'd higher than Irish are a bit behind us. A lot of well spec'd Irish cars out there these days and if you are buying new you can order whatever spec you want. 

I ordered my car in Jan 16.

I ordered a vRS Tdi hatch, manual, metallic quartz grey, front assist, park assist, heated front seats.

U used Carwow to get the best deal which came to £23350.00 (rounded up).

I got £1000 off skoda loyalty.

£1000 extra off for owning another Skoda.

And was in time to get the £500 pre paid card for fuel.

Paid £3000 as deposit.

Happy with that although went to pick car up today and they pdi'd the wrong vehicle!

Got a Yeti until Monday when they are going to drive it to me with a full tank and are applying the Autoglym protection for free (not sure if this is really all that tho).

Happy with what I'm getting but dissapoibted to not have it already.

This is my situation.

Octavia Estate TDI DSG VRS with loads of extras (over 8k!). List price including reg fee was £35,261. Best Carwow quote was £30,500. Re-visited my local dealer (Sinclair, Swansea) with this quote and they were absolutely not interested! They're price was £33,600, firm! Tried another few brokers directly and 'New-Car-Deal.co.uk' quoted £28,485 which was about a grand less than the next best broker quote. The discount represents 19.2% which is pretty decent. Having saved my company car allowance/expenses for 2 years, I accrued £14k, my Altea is provisionally sold for 2k which leaves a £12,500 balance which I borrowed off Sainsburys bank - 3.3% over three years, about £365 per month. 

BIGGEST downfall of buying via a broker is the lack of feedback regarding the progress, very frustrating! Small problem considering the saving though!

I bought thru carwow. Fab price for a 2.0tsi estate vrs with 2k of extras and 0%

I saved £6776 via my broker! Skoda can shove their 0% and contributions!

 

Hi, did you manage more than 21% please?

Hi, did you manage more than 21% please?

 

It wasnt 21%, it was 19.22%. 21% would be £27,856......

All I did was email the broker, that was it.

Edited 4 April, 201610 yr by cherry evo

Carwow is making life for the dealers very difficult lol

The dealer told me they dont make much money on carwow sales but they get the volume of sales for their targets

My dealer claimed he was actually making a small loss... I presume, sales bonuses etc must make it worth while?

Friend is a DP at a Nissan dealer. My local tyre garage was telling me he was interested in a new Navara NP300. I said about my friend and asked him to print off what he wanted on the Nissan online configurator - list price was £31,500. He said he had already been quoted £26,500 via an online broker with the vehicle being supplied by Bristol Street Motors. I took the configuration to my friend and told him what he'd been quoted and where it was coming from. He said that Bristol Street Motors was a 'fleet outlet' where as he was a 'retail outlet' so didnt think he'd be able to compete. Sure enough, £26,500 was a grand behind his cost price!! Perhaps Skoda operate in a similar way with the fleet specialist dealerships getting better rates. Seems a bit unfair to me but I suppose there are plenty of unsavy people who just pay their local retail dealers price.....

However, PC H'S are still cheap

Simpsons are offering a VRS230 for £219 a month with a £2095 deposit

Trouble is, you can't go to a PCH deal from a PCP deal that hasn't run it's course, unless you stump up the remaining PCP payments as cash. This is what a dealership told me, although I'd love it to be wrong information !

It would mean, in my case, clearing the PCP deal (approx £1900) plus needing a further £2k as down payment on the PCH lease deal, when in reality I only want to put down a max of £2k on whichever type of plan I opt for.

JKW

Trouble is, you can't go to a PCH deal from a PCP deal that hasn't run it's course, unless you stump up the remaining PCP payments as cash. This is what a dealership told me, although I'd love it to be wrong information !

It would mean, in my case, clearing the PCP deal (approx £1900) plus needing a further £2k as down payment on the PCH lease deal, when in reality I only want to put down a max of £2k on whichever type of plan I opt for.

JKW

Dealership is just saying you will need to clear the negative equity, you may break even early which would allow you to change without any extra payment.

Failing that try another dealer, they may swallow the neg if your ordering a brand new one.

Trouble is, you can't go to a PCH deal from a PCP deal that hasn't run it's course, unless you stump up the remaining PCP payments as cash. This is what a dealership told me, although I'd love it to be wrong information !

It would mean, in my case, clearing the PCP deal (approx £1900) plus needing a further £2k as down payment on the PCH lease deal, when in reality I only want to put down a max of £2k on whichever type of plan I opt for.

JKW

If you only have £1900 left to pay it may be worth checking your finance docs to see if you are able to VT your current PCP.

Thanks all for the info - I didn't realise I could arrange VT and still order a build to spec new car at the same time ! My very helpful dealer has sorted it out so that I can expect delivery of the new car for the same day that my current "beauty" goes back to the finance people. 

Having also searched on line (brokers, Carwow etc), my dealer has almost matched the best prices they offered, so I'm very happy to give them my business.

JKW

Glad to hear you've got a good outcome

Thanks all for the info - I didn't realise I could arrange VT and still order a build to spec new car at the same time ! My very helpful dealer has sorted it out so that I can expect delivery of the new car for the same day that my current "beauty" goes back to the finance people. 

Having also searched on line (brokers, Carwow etc), my dealer has almost matched the best prices they offered, so I'm very happy to give them my business.

JKW

Good work