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  1. #151
    robut robut is offline

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    And a big issue with buying from UK is CHASSIS RUST caused by heavily salted roads.

    Has been issue for some at NCT over here. Rust on chassis is now a fail.
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  2. #152
    robut robut is offline

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    Another stat not mentioned earlier but very interesting too ..

    August car sales slow down by 21% - SIMI

    Meanwhile, light commercial vehicles (LCV) registrations are down 23% in August and year to date are down 14%.

    And sales of new heavy commercial vehicles (HGV) are 18% lower for the month of August and are down 14% so far this year.
    Commercially .. what is THAT about? Buying 2nd hand from UK too??
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  3. #153
    Voluntary Voluntary is offline

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    UK imports should slow down whenever UK leaves EU and VAT needs to be paid on all imports.
    Also new cars will soon become more expensive in UK (in pounds) as of the weak pound and this should translate to the higher prices of used vehicles.

    The importers paradise is only temporary, it won't last forever unless UK indeed gets a transition period extended.
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  4. #154
    Watcher2 Watcher2 is offline

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    Quote Originally Posted by Voluntary View Post
    UK imports should slow down whenever UK leaves EU and VAT needs to be paid on all imports.
    Also new cars will soon become more expensive in UK (in pounds) as of the weak pound and this should translate to the higher prices of used vehicles.

    The importers paradise is only temporary, it won't last forever unless UK indeed gets a transition period extended.
    The VAT element will be claimed back, no? If it's like here in Ireland, they will likely have the vat back by the time the car is off their lot.
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  5. #155
    Voluntary Voluntary is offline

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    Quote Originally Posted by Watcher2 View Post
    The VAT element will be claimed back, no? If it's like here in Ireland, they will likely have the vat back by the time the car is off their lot.
    No, the VAT is paid by the customer.
    It would be the same as importing cars from Japan, which is currently like:

    the break down at the Docks is like this if car cost €1000 and shipping was €700:
    Duty: 10% price of car + shipping = €170
    Vat: 23% price of Duty+car+shipping = €430
    unloading fee: €100
    broker fee: €120
    Total at docks = €820

    And only then you pay the VRT
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  6. #156
    Watcher2 Watcher2 is offline

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    Quote Originally Posted by Voluntary View Post
    No, the VAT is paid by the customer.
    It would be the same as importing cars from Japan, which is currently like:

    the break down at the Docks is like this if car cost €1000 and shipping was €700:
    Duty: 10% price of car + shipping = €170
    Vat: 23% price of Duty+car+shipping = €430
    unloading fee: €100
    broker fee: €120
    Total at docks = €820

    And only then you pay the VRT
    I'm confused. VAT is paid by customers now. What's the change?
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  7. #157
    Voluntary Voluntary is offline

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    Quote Originally Posted by Watcher2 View Post
    I'm confused. VAT is paid by customers now. What's the change?
    VAT and duty needs to be paid on all goods entering EU.
    Currently it's paid in UK on new cars and while UK is in EU the VAT is considered already paid in EU.
    When UK leaves, VAT will need to be paid on goods entering EU.

    I guess sellers exporting from UK may have option to claim their VAT back on exports, but that's up to UK to decide.
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  8. #158
    Voluntary Voluntary is offline

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    New car registrations fell by 17.1% in August while imports increase by 34%

    Some interesting statistic is that number of petrol cars registered in August is the same as last year (even increased by few) while number of new diesel private car registrations dropped by 15,000 (from 90,000 to 75,000)

    new goods vehicles dropped by 13.1%
    used goods vehicles increased by 20.4%


    Vehicles licensed for the first time August 2017 - CSO - Central Statistics Office
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  9. #159
    midlander12 midlander12 is offline

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    Quote Originally Posted by storybud1 View Post
    PCP cars (especially UK ones) will get dumped on the market, Hertz will sell direct, (all tax efficient of course) and letting some poor scrote take the hit on a new car drop in value will always be sport.

    I cannot say it enough,, get a low mileage , top 10 reliability model and leave your ego at the door, cars are just a pile of metal, glass, wires designed to get you from A to B safely and with low cost. They are just machines, spend your money on something better, travel, pay off the mortgage earlier, get the kids into a good third level college no matter where it is, speaking from experience I had loads of big cars, A6, 5 series, XC90, S80, they just bring out the ego clown in you.

    The one thing I will not compromise on is a high powered engine no matter the car,, get a 1.8 to 2.5 petrol engine,,, you will always need the safety of overtaking quickly when needed.
    Agree with all that. I nearly always manage to have one of the oldest cars in the work carpark. How they can afford them is beyond me - well they can't, obviously, and are effectively paying mortgages for them while they usually can't afford to take out an actual house mortgage! The fall in new car sales is good news indeed - a sign that people are finally starting to have sense.
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  10. #160
    Voluntary Voluntary is offline

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    Irish taxation system (VRT) is causing big disruptions in cars market. Imagine what NO VRT would mean. No imports of salvage cars from UK, stable new cars sales less dependent on the GBP fluctuation, cheaper cars and quicker disposals of older, more polluting vehicles. It would also mean better car specs and therefore safer cars on our roads.

    New car registrations down 9pc in November SIMI
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