Expensive Accords in Ireland

[richsprint]

I'd heard various Irish members say used car prices were high in Ireland, but see this Type S, its a 2010 with 75000miles on it and they want €21995 for it so £18681!!

http://www.deniskinanehonda.ie/used-cars/Honda/Accord/2.2-180/36313694853996850/

Similar examples in the UK go for around £12k with average miles for a 3 year old. e.g. 36000 miles. So at 75000 miles you'd expect maybe around £10k or so.

No wonder so many Irish drivers buy cars in the UK.

 

[jayok]

I'd heard various Irish members say used car prices were high in Ireland, but see this Type S, its a 2010 with 75000miles on it and they want €21995 for it so £18681!!

http://www.deniskinanehonda.ie/used-cars/Honda/Accord/2.2-180/36313694853996850/

Similar examples in the UK go for around £12k with average miles for a 3 year old. e.g. 36000 miles. So at 75000 miles you'd expect maybe around £10k or so.

No wonder so many Irish drivers buy cars in the UK.

Ah, but what you're missing here is a tax we have called Vehicle Registration Tax (VRT). This is a tax in addition to the cost of the car, VAT and is generally quite large. For example, on my 2004 tourer I paid £3,500 (in the UK ?) for it an VRT was an additional £1,000 on top of that. So, really the car cost £4,500 (circa €6000) to buy. This is just a fact.

Also, you've browed a dealer's site that's quite expensive, I wouldn't pay that for a 2010.

 

[jayok]

For fun I've checked the VRT costs for this car. It's €4,029 (circa £3,000) on the purchase price of the car.

So, if I'm planning the cost of one from the UK, I'm doing the following

Car: £12,000
VTR: £3,000
Travel: £500

In reality, it'll cost £15,500 to buy one which is circa €20,500 euro. Add the dealer's €1,500 profit margin for trade, etc, and it's about right.

I find it funny when I see our UK neighbours giving out about the price of cars - try living here! :lol:

 

[richsprint]

Hi Jason,

Thanks for the info about VRT. Wow thats an expensive tax.

I'd heard something about it, but thought it was just on new cars not used also.

My point was more that its overpriced for the mileage its done.

Cheers

Rich

 

[Mr Honda]

If it has an engine and it's for the road, there's vrt on it basically!! Too many old people in this country voting in the same govenrments that just keep on shafting us over and over, out with the old and in with the new!!

Oh and if there was no vrt on 2nd hand cars, then there'd be no new car market in Ireland!!

 

[jayok]

Thanks for the info about VRT. Wow thats an expensive tax.

I'd heard something about it, but thought it was just on new cars not used also.

VRT is actually a clever - stealth tax. Technically It's not a tax on a new car but a tax on the REGISTRATION of that car - so to get Irish reg plates you need to pay this regardless of age of the car. It scales with the age of the car, a new Accord Type S will have VRT of circa €9000!!