How much VRT on a BMW Z3?
Roughly how much VRT would be on a 2.0-litre BMW Z3 from the UK? Option is not on the VRT calculator.
Thanks.
Mike Cremin (Midleton)Jun 2020 Filed under: VRT
Expert answer
Hi Mike,
OK, this is a tricky one (not least because we don’t know the year of the car). However, assuming that it’s a 2001 BMW Z3, then it’s going to be worth roughly €3,000 to €4,000 (assuming that it’s in perfect condition with a full service history). The 2.0-litre Z3 has CO2 emissions of 220g/km (depending on the specific model) so that’s going to be in the Band D, 34 per cent, VRT band. Taking an Irish market value of €3,500 (splitting the difference) that’s going to be €1,190 in VRT. BUT, it’s worth remembering that when it comes to odd or unusual model, Revenue’s Irish market valuation can be tricky at best, and they tend to over-value cars, especially sports cars. I’d get in touch with the BMW Owners' Club in Ireland to get a more solid feel for the value of the specific car you’re buying, and to have some expert knowledge on hand if you need to appeal Revenue’s valuation.
Neil Briscoe - Complete Car Advisor@neilmbriscoe