How much should Revenue value a Nissan Skyline saloon at?
Hi, I've been looking into buying a Nissan Skyline recently and found one for sale in the North here on offer for £4,995 (an offer of £4,150 was accepted almost straight away by the dealer through email correspondence). However the Revenue Online Service values the car at €2,468. I'd like to know what you consider to be the value of this car as I can't find any comparable Skylines to get a good guide of the price.
Thanks.
Ciaran Mc Cashin (Drogheda)Dec 2011 Filed under: used car values
Expert answer
Hi Ciaran,
The Nissan Skyline saloon did not really get caught up in the upsurge of popularity experienced by other rear-wheel drive Japanese four-doors towards the end of the Celtic Tiger era so is still a fairly rare model. This would go some way to explaining why the Revenue Online Service (ROS) value seems so low. The Open Market Selling Price (OMSP) is based on an 'average' for that particular model, but with so few cars having been imported it can be difficult to determine a true average.
Regarding the car you have highlighted, and taking into account current exchange rates and the VRT calculated by ROS that car would cost €5,824, which seems expensive to our eyes.
A thorough search of all the classified adverts we could find revealed a few similar cars, albeit with higher mileage, in the region of €3,500 - €4,000.
The one you're looking at does have some nice additions such as the wheels, suspension and spoiler, but whether they and the low mileage warrant a near €2,000 premium is a question only you can answer.
Let us know how you get on.
Paul Healy - Complete Car Adviser@P_aulHealy