OMSP for niche cars?

OMSP for niche cars?

Author
Discussion

jaacco

Original Poster:

1 posts

159 months

Monday 25th July 2011
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Hi all,

I'm thinking about importing a late model TVR but I'm a bit baffled with the VRT schenanigans.

I know that the tax percent is 36% due the missing emissions information but can anyone tell me how Revenue actually determines a the Open Market Selling Price? How do they do it if the car's not in their calculator database? Some chap in the office throws a dart on a value diagram and that's it?

vdubbin

2,165 posts

203 months

Thursday 28th July 2011
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I think they ask these guys to think of a number, double it and add nine. There's your OMSP.