The Irish OMSP is based on what the car would be worth if it had been sold or registered in Ireland previously.
So they calculate the Irish OMSP as containing the VRT or a decreased chunk of it, just as with depreciation on the vehicle itself.
Every car in Ireland has a used value reflective of it's value when new i.e. it was originally valued for registration with VRT included in its new price, so as it drops in value the VRT component also drops.
So if you import a car from elsewhere they'll always calculate the Irish OMSP as containing a chunk of the VRT component.
Of course we all know they pluck the figures out of their a$$, but they most definitely won't accept the OMSP as the value of a car registered elsewhere which never contained the VRT component originally.
So they calculate the Irish OMSP as containing the VRT or a decreased chunk of it, just as with depreciation on the vehicle itself.
Every car in Ireland has a used value reflective of it's value when new i.e. it was originally valued for registration with VRT included in its new price, so as it drops in value the VRT component also drops.
So if you import a car from elsewhere they'll always calculate the Irish OMSP as containing a chunk of the VRT component.
Of course we all know they pluck the figures out of their a$$, but they most definitely won't accept the OMSP as the value of a car registered elsewhere which never contained the VRT component originally.
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