This week's EV bargain that I'm not buying

RonnieL · 09-12-2020 2:15pm

RonnieL wrote: »

So is ELM327 wrong, or did I misunderstand what he was saying? Seems like he's saying that if the car has a OMSP of more than 50k, and it's registered after Jan 1st, the ev discount of 5K will be gone?

Ah, I just re-read ELM's post properly. I hadn't noticed the change from 14% to 7%.

garo · 09-12-2020 3:09pm

Yes assume the car is valued at 51k OMSP.

2020: You pay 51,000*14% - 5,000 = 2,140
2021: You pay 51,000*7% = 3,570

You can appeal and if the appeal is well-written likely get some money back.

unkel · 09-12-2020 3:26pm

What you pay in 2021 is not relevant in a no deal brexit as I can't see anyone bringing in a Tesla from the UK to here. A GBP30k car would attract €10k in VAT and import duty and then there is the increased VRT on top. Which will probably be based on a higher OMSP than today because of the very fact you can't import them any more (existing stock in Ireland will go up in value or at least have lower depreciation)

ELM327 · 09-12-2020 3:26pm

unkel wrote: »

What you pay in 2021 is not relevant in a no deal brexit as I can't see anyone bringing in a Tesla from the UK to here if there. A GBP30k car would attract €10k in VAT and import duty and then there is the increased VRT on top.

Not if it's in the country before 1/1/21 though.

the_amazing_raisin · 09-12-2020 3:34pm

unkel wrote: »

What you pay in 2021 is not relevant in a no deal brexit as I can't see anyone bringing in a Tesla from the UK to here. A GBP30k car would attract €10k in VAT and import duty and then there is the increased VRT on top. Which will probably be based on a higher OMSP than today because of the very fact you can't import them any more (existing stock in Ireland will go up in value or at least have lower depreciation)

Well with a bit of luck sterling would crash by around 40% against the euro which would offset the tax increases

unkel · 09-12-2020 3:38pm

cruisey1987 wrote: »

Well with a bit of luck sterling would crash by around 40% against the euro which would offset the tax increases

Yes that could happen. But that probably means we are in the sh1ts double as a country as the Brits could no longer afford any of the stuff we sell 'em today

the_amazing_raisin · 09-12-2020 3:44pm

unkel wrote: »

Yes that could happen. But that probably means we are in the sh1ts double as a country as the Brits could no longer afford any of the stuff we sell 'em today

Never let long term consequences get in the way of short term gains

I suppose that's the only scenario the North would do well, since there would be a massive increase in people doing their shopping in Newry

Also, in a bizarre situation, M&S would be cheaper than Aldi :eek:

unkel · 09-12-2020 3:48pm

cruisey1987 wrote: »

I suppose that's the only scenario the North would do well, since there would be a massive increase in people doing their shopping in Newry

You are presuming a backstop. Which is far from certain.

Without a backstop you will get stopped at the border and you can pay 21% VAT and 10% import duty on your shopping. Which will not be 40% cheaper in the shops up north unless it is produced locally over there.

ELM327 · 09-12-2020 3:55pm

unkel wrote: »

You are presuming a backstop. Which is far from certain.

Without a backstop you will get stopped at the border and you can pay 21% VAT and 10% import duty on your shopping. Which will not be 40% cheaper in the shops up north unless it is produced locally over there.

They have already said NI to ROI there is no import duty or vat. It's on the revenue website.

unkel · 09-12-2020 3:58pm

ELM327 wrote: »

They have already said NI to ROI there is no import duty or vat. It's on the revenue website.

Yes, read my previous posts on this. The revenue website presumes this will happen, but no deal has been done on this at all. Without a deal, there is no backstop.

Marlow · 09-12-2020 3:59pm

ELM327 wrote: »

They have already said NI to ROI there is no import duty or vat. It's on the revenue website.

That part will actually be interesting. In theory one might be able to wing it with a sales invoice through an intermediate in NI before bringing the car in

It's actually quite interesting, because from 2000-2005 NI was a similar loophole for imported cars into the UK.

Basically a lot of cars imported from lets say the US and places like Brazil were charged VAT on import in the UK, but not, if you imported them into NI. So there's loads of brazilian VW Bay and US car imports, that have NI plates from that era, even though they never have been in NI.

/M

Silent Running · 09-12-2020 4:05pm

unkel wrote: »

Yes, read my previous posts on this. The revenue website presumes this will happen, but no deal has been done on this at all. Without a deal, there is no backstop.

Technically, there is a deal on this. It's called the Withdrawal Agreement. It's an international agreement signed and sealed in 2019 and it contains the frontstop (backstop is so 2018

).

This agreement could be broken by the British, but it would be an act of lunacy to do so...... So I wouldn't rule it out.

People should be careful not to confuse the current proposed FTA agreement with the already secured WA.

ELM327 · 09-12-2020 4:08pm

unkel wrote: »

Yes, read my previous posts on this. The revenue website presumes this will happen, but no deal has been done on this at all. Without a deal, there is no backstop.

Incorrect, note the below which sums it up far better than I could hope to do

Silent Running wrote: »

Technically, there is a deal on this. It's called the Withdrawal Agreement. It's an international agreement signed and sealed in 2019 and it contains the frontstop (backstop is so 2018 ).

This agreement could be broken by the British, but it would be an act of lunacy to do so...... So I wouldn't rule it out.

People should be careful not to confuse the current proposed FTA agreement with the already secured WA.

the_amazing_raisin · 09-12-2020 4:09pm

unkel wrote: »

Yes, read my previous posts on this. The revenue website presumes this will happen, but no deal has been done on this at all. Without a deal, there is no backstop.

According to the news, the NI protocol has been agreed, so that part of no deal should be sorted in theory

liamog · 09-12-2020 4:13pm

Marlow wrote: »

It's actually quite interesting, because from 2000-2005 NI was a similar loophole for imported cars into the UK

We moved home to Banbridge from Manchester in 2001. At the time my dad was told we had to export the car from the UK to Northern Ireland, and that in the eyes of the DVLA, NI was not part of the UK. There was also weirdness around the driving licence where GB required immediate notification of a change of address but NI didn't. I think it was 2014 when they "fixed" the oddities.

the_amazing_raisin · 09-12-2020 4:18pm

liamog wrote: »

We moved home to Banbridge from Manchester in 2001. At the time my dad was told we had to export the car from the UK to Northern Ireland, and that in the eyes of the DVLA, NI was not part of the UK. There was also weirdness around the driving licence where GB required immediate notification of a change of address but NI didn't. I think it was 2014 when they "fixed" the oddities.

Funny how that 'One UK' thing works (or doesn't work as is sometimes the case it seems)

ELM327 · 09-12-2020 4:32pm

wont be working too long more :P

garo · 09-12-2020 4:41pm

unkel wrote: »

What you pay in 2021 is not relevant in a no deal brexit as I can't see anyone bringing in a Tesla from the UK to here. A GBP30k car would attract €10k in VAT and import duty and then there is the increased VRT on top. Which will probably be based on a higher OMSP than today because of the very fact you can't import them any more (existing stock in Ireland will go up in value or at least have lower depreciation)

As ELM already said I was talking in the specific case of RonnieL if the car is imported before Dec 31st but he doesn't get a VRT appointment before 2021.

Marlow · 09-12-2020 4:47pm

liamog wrote: »

I think it was 2014 when they "fixed" the oddities.

Well, the VAT requirement was fixed around 2005, meaning you had to pay VAT on non-EU imports in all of the UK then. All the oddities being fixed was, when they merged the DVLA-NI with the DVLA and moved all those jobs from NI to Swansea. Sounds about right with 2014 on that one.

And yes .. up until that point, NI was seen as a seperate "entity" within the UK, when it came to motors.

/M

Marlow · 09-12-2020 4:54pm

garo wrote: »

As ELM already said I was talking in the specific case of RonnieL if the car is imported before Dec 31st but he doesn't get a VRT appointment before 2021.

As long as he has a ferry ticket or transport docket dated before 31.12., it should be ok.

I imported a VW Caravelle just before xmas last year and they added the NOX import levy on 1.1.2020.

Because this was a model they had no category for (being a VR6 limo spec), i didn't get my VAT figure before after new years.

They did try to charge me the NOX levy, but I had a phone call a few days ahead confirming, I would not be charged that, so they fixed that.

This is one of those cut-over examples. Now, in this case I presented it before xmas. But in general, as long has he requests the booking before new years, he should be fine.

It would be no harm though, to contact Revenue and ask them, what their stance is on it. Especially seeing, that this car has EU vat paid for already, they'd be on very shakey ground charging it again.

/M

Gumbo · 09-12-2020 4:55pm

So, are we buying a Model S or not

Marlow · 09-12-2020 4:56pm

Gumbo wrote: »

So, are we buying a Model S or not

If he is buying it, he should start a new thread ... this is about not buying it

/M

Gumbo · 09-12-2020 4:57pm

Marlow wrote: »

If he is buying it, he should start a new thread ... this is about not buying it

/M

So, he's not, not buying it ??

RonnieL · 09-12-2020 8:46pm

Afraid to say I had to pull the plug on it (pages of posts later....sorry!). I did want it, and I was as close as it comes to going for it, but two things came up today at home that just meant it wasn't feasible. The seller told me he had a load of interest, so I'm sure it's sold by now. He was a really sound fella - chatted to him on the phone and he told me that he was waiting on a brand new Model S himself (mentioned something about there only being one model on offer, and it was 85K or something?), and Tesla only offered him 28K on a trade in for his, so he decided to sell it privately. Someone got a good bargain.

Kramer · 09-12-2020 9:00pm

RonnieL wrote: »

Afraid to say I had to pull the plug on it (pages of posts later....sorry!). I did want it, and I was as close as it comes to going for it

Sorry to hear that but it's only a car & usually, something equally as enticing comes along. Good things come to those who wait :pac:.

Would you have any interest in a 2012 Leaf with 4 bars left (50km range)?

Unkel posts up good deals on those frequently enough here

.

RonnieL · 09-12-2020 9:10pm

Kramer wrote: »

Would you have any interest in a 2012 Leaf with 4 bars left (50km range)?

I've a leaf of my own, but thanks!

Black_Knight · 10-12-2020 9:18am

Did anyone here get that 16k ioniq from Mooney's a few weeks back?

Mimon · 16-12-2020 9:25am

Seems like a great deal here, 201 Leaf for 22,550. What's the catch?

https://www.donedeal.ie/cars-for-sale/nissan-leaf-40kw-7-000kms-price-drop/26575269

listermint · 16-12-2020 9:39am

Mimon wrote: »

Seems like a great deal here, 201 Leaf for 22,550. What's the catch?

https://www.donedeal.ie/cars-for-sale/nissan-leaf-40kw-7-000kms-price-drop/26575269

I'd imagine you'll have to work with a finance company on this one.

R11 · 20-12-2020 1:13pm

Mimon wrote: »

Seems like a great deal here, 201 Leaf for 22,550. What's the catch?

https://www.donedeal.ie/cars-for-sale/nissan-leaf-40kw-7-000kms-price-drop/26575269

What is the catch? Is it still under finance?

This week's EV bargain that I'm not buying

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