However – there are still good savings to be made on imports from Northern Ireland. Before Brexit – buying a used car from the UK could sometimes save buyers several thousand Euros. This was even after you factored in the expenses of travel, VRT etc.
What is the best car buying site?
Best Used Car Sites of 2022
- Best Overall: Autotrader.
- Best Basic Option: CarsDirect.
- Best for Classic Cars: Hemmings.
- Best for Mobile: Autolist.
- Best for Cheap Cars: CarGurus.
- Best for Comparing Options: AutoTempest.
- Best Auction Site: Cars & Bids.
Who is Charles Hurst?
ABOUT CHARLES HURST RENAULT
Originally founded in 1911, Charles Hurst has successfully grown to become Northern Ireland’s leading automotive businesses. Now part of the Lookers group Charles Hurst continues to offer the quality service and wide range of brands enjoyed by customers over the past 100 years.
Can you finance a car in Northern Ireland?
First Response have been providing car finance to people within Northern Ireland (NI) for many years. We have a strong relationship with a lot of dealerships in NI who are able to help you apply for car finance through us.
Are second hand cars cheaper in Northern Ireland? – Related Questions
What is a redline finance?
Redline develops loan management solutions that streamline the lending process for borrowers, banks, retailers and intermediaries. Our solutions have a proven track record in helping our clients grow their loan books whilst providing exceptional online experiences for consumers.
Can I buy a car in Northern Ireland and bring it to England?
If you are a UK resident you can move your vehicle freely between Great Britain and Northern Ireland if all of the following apply: it’s registered in either country. you’re not moving it to sell it, or for any other commercial purpose (for example, using the car as a taxi or hiring it to someone)
Can I buy a car in Northern Ireland and bring it to Ireland?
If you buy a vehicle from Northern Ireland, you do not have to make a customs declaration. But you must have proof that a customs declaration was made when the vehicle arrived in Northern Ireland from Great Britain (if applicable).
How much is VRT on a car from Northern Ireland?
The VRT is generally 13.3% of the OMSP and the minimum due is €125. However, some N1 vans are charged a charge of €200 if they: always had less than four seats.
Do I pay VAT on car from Northern Ireland?
VAT implications of importing vehicles from Great Britain and Northern Ireland. New vehicles brought into the State from another European Union (EU) Member State, including Northern Ireland (NI), are subject to Value-Added Tax (VAT).
How do I avoid paying VAT on a car?
Buy a van through a limited company
And, the vehicle must only be used for business purposes. Any private use will incur tax and National Insurance charges. You will pay VAT to a VAT-registered seller and you can reclaim the VAT you paid.
Can you tax a Northern Ireland car in England?
You have to re register the car to “UK mainland” before you can Tax it. You cannot tax a car registered in NI in Scotland, England or Wales.
Why is VRT so high?
“Vehicle Registration Tax (VRT) is a tax chargeable on the registration of vehicles in the State and is levied as a percentage of the open market selling price (OMSP) of the vehicle. “The VRT rate is calculated on the basis of CO2 emissions, so that cars with higher CO2 emissions attracted a higher tax liability.
Will car prices drop in 2022?
Used car prices are already starting to drop as the market cools, having seemingly peaked in early 2022. On the other hand, new vehicle prices are unlikely to drop in 2022 due to persistent inflationary pressures. “There’s still a lot of inflation bubbling up in the new vehicle supply chain.
How can I avoid paying VRT?
be your personal property. have been in your possession and used by you for at least six months before transfer of residence. Any possession and use in the State, even during times when you were living abroad, does not count. brought into the State within 12 months of the date of your transfer of residence.
Will Ireland get rid of VRT?
According to the Department, “the Minister of Finance has no plans to abolish VRT as it is a significant source of tax revenue which funds necessary public services.
Can I drive Northern Ireland car in Ireland?
NI drivers (private and commercial) no longer need to carry a physical Green Card when travelling across the border into the Republic of Ireland or driving in the rest of the EU and EEA, to prove they have valid insurance cover for their vehicle.
Is it worth importing a car from UK to Ireland?
Before Brexit, there could be big financial savings when importing a used car from the UK to Ireland. The low value of Sterling against the Euro helped to make the importing of used cars from the UK to Ireland very affordable in recent years .
How long does it take to VRT a car?
An appointment to have your vehicle inspected at an NCT centre must be made within 7 days of the vehicle entering the State in order to register and pay the VRT (and any other tax liabilities due on the vehicle). You must then complete the registration process within 30 days of arriving in the State.
Can you drive a car while waiting for VRT?
The requirement to register
It is an offence to drive an unregistered vehicle in the State. If you do not register your vehicle, Revenue or the Gardaí can detain it. It could also be seized by Revenue and may be released on the payment of a penalty.
What documents do I need to VRT a car?
In order to register any vehicle, you must present proof of identity in the form of a driving licence or passport along with you PPS number and the other required documentation for the type of vehicle you are registering.