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Are revenue OMSP values adjusted in January?

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  • 21-11-2008 4:14pm
    #1
    rmcc1978
    Closed Accounts Posts: 27 ✭


    Thinking of buying a used car in the UK soon. Will there be much difference (or any) in the OMSP value if I pay the VRT in December 08 or January 09?


Comments

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    #2
    bazz26
    Registered Users Posts: 51,246 ✭✭✭✭bazz26


    rmcc1978 wrote: »
    Thinking of buying a used car in the UK soon. Will there be much difference (or any) in the OMSP value if I pay the VRT in December 08 or January 09?

    Hard to tell but the purchase price of the car in the UK will only get cheaper as the car will be a year older.


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    #3
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    almost 99% certain it will by about 8% if going by a quote I put in for a Feb 08 car compared to a Dec 07 car


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    #4
    copacetic
    Subscribers Posts: 16,587 ✭✭✭✭copacetic


    Lex Luthor wrote: »
    almost 99% certain it will by about 8% if going by a quote I put in for a Feb 08 car compared to a Dec 07 car

    but that is the difference in the registration date of the car, not the date you checked the OMSP. There is no doubt a feb08 car is worth at least 8% more that a Dec07 car in Ireland. In january they won't both be worth 8% less though, or at least not just based on the date.

    In January both of those cars OMSP will have gone down by the same about, it usually about 1% a month, every month over the year. There won't be a big fall in January.


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    #5
    draycottgirlz
    Registered Users Posts: 284 ✭✭draycottgirlz


    anyone else? I'm asking the same....


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    #6
    Brewster
    Registered Users Posts: 3,093 ✭✭✭Brewster


    The values will have to be adjusted. Anyone importing a 08 car this year is importing just that, a 08 car. Anyone importing the 08 car next year will have to have reduction in OMSP. It might not be as big a drop as u might think though... And for the privilage of driving an 08 plate for the last 6 weeks of the year, I wouldnt wait personally.


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    #7
    oddone
    Closed Accounts Posts: 233 ✭✭oddone


    I'm importing a 2006 car from the Uk next week, does this mean that I would be better
    off not registering it until january when it will be in effect 3 years old instead of two
    and therefore the OMSP will be cheaper?


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    #8
    xabi
    Registered Users Posts: 2,998 ✭✭✭xabi


    I imported a car in Jan '07, it had droped about 900 quid from the quote i got in the last week of December '06.

    X.


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    #9
    copacetic
    Subscribers Posts: 16,587 ✭✭✭✭copacetic


    xabi wrote: »
    I imported a car in Jan '07, it had droped about 900 quid from the quote i got in the last week of December '06.

    X.


    what % drop of the OMSP was that?


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    #10
    xabi
    Registered Users Posts: 2,998 ✭✭✭xabi


    cant remeber the exact figures but id say around 15%


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    #11
    NewApproach
    Registered Users Posts: 2,188 ✭✭✭NewApproach


    Knowing this government they will probably be adjusted upwards


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    #12
    foxirl
    Registered Users Posts: 677 ✭✭✭foxirl


    xabi wrote: »
    cant remeber the exact figures but id say around 15%

    So the car was valued at 6000???
    Are you sure about the 15%


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    #13
    xabi
    Registered Users Posts: 2,998 ✭✭✭xabi


    foxirl wrote: »
    So the car was valued at 6000???
    Are you sure about the 15%

    Just found the figures, it droped 600 quid which was 12%

    X.


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    #14
    cashmni1
    Closed Accounts Posts: 629 ✭✭✭cashmni1


    Should be an up to date OMSP released in Jan for the cars on the VRT calculation web site. However, who is going to police that? I would wait and see the difference on both months.


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