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NEW VRT and Tax question.

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  • 06-12-2007 3:01pm
    #1
    keitht
    Closed Accounts Posts: 92 ✭✭


    Hi guys the new vrt that’s is coming in.
    iv booked a new mazda 3 1.6 petrol saloon its 162 co2 I think that’s mid table. for jan 08. its 21900. will i be down money in july if i buy it in jan.
    and how will this new tax rate work.

    thanks guys


Comments

  • Options
    #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,711 Mod ✭✭✭✭Henry Ford III


    Ignoring depreciation the effect of both road tax and VRT changes on your car will be small enough to ignore.


  • Options
    #3
    E92
    Closed Accounts Posts: 4,147 ✭✭✭E92


    What HF III said. Under the new regime, the car will cost €21,611 so around €21,600 or a €300 difference at most.

    What may be of more interest is that the diesel equivalent will be costing you €23,200 approximately as opposed to €25,995 now.


  • Options
    #4
    PoolDude
    Registered Users Posts: 506 ✭✭✭PoolDude


    Similar question; I ordered a Merc C180 A/T, looks like its 194 emissions, should I try to change to the C200 Diesel manual which is 160 which would cost me 2 grand more or is it negligble in the long run assuming I keep it for 2 - 3 years?


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    #5
    3ps
    Closed Accounts Posts: 723 ✭✭✭3ps


    guys, surely the VRT rate is based on the OMSP.... so dealers are going to see diesels in more demand and therefore up the price... so the drops probably won't be as suspected???


  • Options
    #6
    PoolDude
    Registered Users Posts: 506 ✭✭✭PoolDude


    Folks - Any advice, please?


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