Tuesday 17 October 2017

Drivers warned as scrappage window closing

Eddie Cunningham

Eddie Cunningham

MOTORISTS thinking about buying a car under the Scrappage scheme were last night told to make their minds up soon, as time is running out.

The Society of the Irish Motor Industry (SIMI) pointed out that the scheme ends in just nine weeks.

But the SIMI warned that customers could be disappointed because of a potential time-lag between ordering and getting the car.

The SIMI's Suzanne Sheridan said: "While the scheme officially ends on June 30, a dealer may require a number of weeks to order and take delivery of your car. So if customers don't want to be disappointed, they need to shop now."

The association's used-car website, www.beepbeep.ie, now shows a 'Scrappage Countdown', which reminds motorists of the number of days left to avail of the scheme.

They expect an increase in the number of scrappage enquiries at dealerships over the next few weeks as time to get a deal begins to run out.

New-car sales so far this year have helped keep numbers up on last year, but so have some cut-throat discounts as sellers strive for market share.

The scheme allows VRT relief when a new passenger car with CO2 emissions of not more than 140g/km (Bands A or B) is bought after a car, over 10 years old, is scrapped against it.

The VRT relief is €1,250 for cars registered from January 1 this year to June 30.

There is a helpful list of frequently asked questions on the SIMI website. It is http://www.revenue.ie/en/tax/vrt/faqs-scrappage-scheme.html

Irish Independent

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