Five reasons why used car prices are on the rise
Cars typically start to lose value as soon as you drive them off the forecourts so what is happening this year? Here are some of the factors influencing used car prices. 1) Brexit Following months of negotiations, a Brexit deal was finally secured last Christmas Eve. However, it was not good news for car buyers and now if importing a car from the UK you have to pay VAT and in some cases customs duty of 10%. As are result in...
Five ways a Hard Brexit will impact on Motoring in Ireland
What are the implications for car buying and Motorists in a post no-deal Brexit writes Geraldine Herbert? Importing a car from the UK will become more expensive Over 100,000 used cars were imported last year from the UK and Northern Ireland. A no-deal Brexit would mean that UK car exports to the EU would become subject to a 10% tariff under World Trade Organisation rules. There would also be VAT Charged. The customs duty is applied...
Electric power to people…
Electric models dominated Frankfurt, but SUVs will still play a crucial role for carmakers, writes Geraldine Herbert The doors opened last week in Frankfurt to one of the biggest motor shows in the world. Once a feast of polished new metal spread across countless halls, the biennial show this year was a more muted affair with more than 19 major car brands skipping the event. The remaining manufacturers, including Mercedes, BMW and VW,...
Motoring in a Post No-Deal Brexit – what you need to know
What are the implications for drivers in a post no deal brexit writes Geraldine Herbert GB Stickers who needs them? UK-registered cars will need to display a GB sticker when driving outside of the UK including in the Republic of Ireland after Brexit. The rule will apply to drivers even if their number plate includes a GB logo. Will I need a Green Card to take a car to the UK? Currently, when you take your car to any country...
How will a hard Brexit affect the Motorist in Ireland?
What would a hard Brexit mean for you as a driver writes Geraldine Herbert Importing a car would be more expensive –Over 100,000 used cars were imported last year from the UK and Northern Ireland. A no-deal Brexit would mean that UK car exports to the EU would become subject to a 10% tariff under World Trade Organisation rules. There would also be VAT Charged. The customs duty is applied first and then the VAT is charged, which...
