NEW VRT & ROAD TAX RATES
At the time of the budget the Government announced the changes in VRT and Road Tax that will take effect from the 1st of July 2008. The new systems being based on CO2 emissions rather than engine size (cc) as previously for VRT and Road Tax, have produced far reaching changes and have created a fair degree of confusion among consumers as to how they will affect them in buying a new car.
The Minister for the Environment has since implemented the concession that gave the benefit of lower Road Tax to those who buy more environmental friendly cars before July but there is still a lot of confusion among consumers.
SIMI has received calls from many potential new car customers seeking clarification as to whether they might be better advised as to buy now or wait till after July. Based on a Frequently Asked Questions format, SIMI has compiled information to help consumers make an informed decision.
Information courtesy of The Society Of The Irish Motor Industry (SIMI)
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