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Is VRT less on a CAT S damaged car?
If I buy a 'CAT S' damaged, but repaired car from the UK is the VRT cheaper on it because it is below market value?
Mick Fox (Laois)Oct 2020 Filed under: VRT
Expert answer
Hi Mick,
Theoretically so, yes, as the VRT is calculated according to the OMSP (Open Market Selling Price) and that would be lower for a CAT S car. However, it may be that Revenue will estimate the car's value as normal and you then can appeal this with documentation. Not ideal, I know.
Shane O' Donoghue - Complete Car Adviser