Revenue update their database of car prices regularly and if the car you bought is worth more according to Revenue this month than last month then the amount of VRT to be paid increases. VRT is automatically allocated to most cars on site and this calculation is updated daily by direct reference to Revenue files on VRT. This provides the most upto date estimate of VRT available.
Payment of the deposit is by electronic transfer only. You can find our bank details on the home page by clicking the green button with ‘Company Bank Details’ under the image for Car Auction Buyer Service – it’s the first image in the first slider –top of the home page. You can view these through this link.
In a word, no, the Revenue Commissioners keep a database of car prices that they update monthly, each car has an allocated price as determined by them. Its called the Current Open Market Selling Price (COMSP) and its listed in the VRT output.
Vehicle Registration Tax is calculated based on the CO2 emissions of the vehicle, the higher the CO2 the higher the percent of the car price is paid as tax. Newer cars tend to have lower emissions despite their greater price. View the link for more information.
We provide automated VRT on the majority of cars listed Search All Auction Vehicles. Once you have decided to bid on a car we can manually confirm the VRT amount ahead of bidding.
This can happen and it can be down to currency fluctuations, changes in UK Book prices or UK Auction House fees. The changes are automatically updated and accurate.
Always keep the registration of the vehicle you have been following. You can search for a car by typing the registration into the search window in the filter section. Remember to type the registration in without spaces eg WL60HDV.
However, when a car has gone to auction it is removed from the site. Keep an eye on the auction date which is located beside the car price.
Yes of course, we will review the vehicle based on the site information and offer an informed opinion with price guidance, unlike other car sales platforms, we have no vested interest in a given car, with approximately 20,000 to choose from we want to help you get the best deal. If you are happy you will tell others who might also use our service.
Each auction house uses an industry standard grading system to provide details to the trade buyer about the general condition of the car, remember many trade buyers buy stock online from all over the UK, so many never see the cars before they arrive on their forecourt. To find out specifics about the grading systems then have a look here for Manheim and here for British Car Auctions .
Our experience with the grading system is that the level of grade is affected by the number of logged items. Many items are tiny and invisible but collect to push the grade lower. Grade 1 is nearly new in condition and the most sought after, Grade 1 vehicles always sell above book value. Grade 3 is the average, typically a well kept vehicle in good condition with minor wear and tear, honestly the best value vehicles to buy. Grade 4 are typically OK as well, if a little less loved, I have bought alot of Grade 4 vehicles that were as good as a grade 2 for the reason given above. Grade 5 usually means some significant body work to be done. We dont buy grade 5 and indeed we don’t list them on the site. For traders there is value in a Grade 5 vehicle when you have a mechanic and a bodyshop to add value to such vehicles.
Once you have bought, paid for and transported the car back to Ireland, you should VRT the car within 30 days. Completing the VRT registration is not difficult but requires time and alot of documents. We can complete the various forms and advise you on the documents you need for registration, we offer a confirmation calculation of the VRT amount to be paid and book the VRT appointment. We offer very practical advice on how to deal with missing invoices, ferry tickets, UK log books etc. You will need to leave the car with us on the day of the appointment and make arrangements for the VRT amount to be paid to us or as a bank draft in advance of the VRT appointment. Once the VRT is paid we will attach your new Irish number plates and you can collect the car when you are ready.
