Been speaking about this concept with a couple of people this week. There’s some cheap motoring to be had in some very nice cars nowadays.Save £3.5k on your budget, spend some of it on petrol and know that it won’t depreciate as much as a £7k car.
If I was looking for something to smoke around in, it would be on my list.
Thats on new cars tho, older ones follow the old system, for example the QPV is top rate €1809 a year. Think that's for 3 ltr and over.The VRT might not be that bad, if you know a friendly Revenue person.
But the annual road tax will make your eyes water.
€2350 pa if CO2 is over 225 mg(?)
Completely agree, the Irish system is shocking.Fair enough. So you're going to pay, what 30% of market value upon registration. Roughly £1,000.
Then, you'll immediately also have to pay almost £2,000 for road tax. Within a short space of time,
you'll be paying annually in tax (£2,000) and more than the car is worth.
Who wants to pay almost £2,000 p.a. to a government with the collective IQ of a Telly Tubby.