Should I get my Tesla Model 3 before Jan?

I’m looking to get a Tesla Model 3 on the company car scheme. Am I better taking delivery in December or January with the changes in VRT and the impact on BIK with the new rules?

Bob Brennan (Dublin)

Oct 2020 Filed under: business

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Expert answer

Hi Bob,

Generally speaking, I’d say that you’d be better nabbing one before Christmas, as, for a business buyer, overall, it works out a little better before the VRT rates and rebates change in January. However, it’s a moot point, as Tesla’s Irish website is currently quoting Model 3 delivery for February, so you don’t really have a lot of choice (unless you want to buy one second hand, of course).

The good news is that the zero per cent BIK rate is locked in until at least the end of 2022, which is arguably of more benefit to you overall than any of the rebates and grants.

Neil Briscoe - Complete Car Advisor
@neilmbriscoe