Buying A Car Could Cost €1,000...

News

Buying A Car Could Cost €1,000 More If Motor Tax System Changes

Niall Colbert
Niall Colbert

12:50 PM - 19 Jul 2019



Car dealers are warning that the price of buying a car could jump by €1,000 from next July.

The Irish Motor Industry warning comes as the Finance Minister is being advised to radically overhaul Ireland's motor taxation system.

His Department's Tax Strategy Group is behind the advice, and wants to see changes in an effort to clamp down on emissions from petrol and diesel cars.

The advice for the Minister also says market sentiment has turned strongly against diesel vehicles in the UK due to anti diesel measures introduced by the government there.

This means Ireland is a "convenient outlet" for used diesel cars coming from the UK.

Brian Cooke, Director General of the Society of the Irish Motor Industry, says the proposed changes would push up the cost of buying a car by between €700 and €1,000.

Paschal Donohoe will have to decide on the reforms in time for October's budget

 



Read more about

Cars Diesel Irish Motor Industry Paschal Donohoe Petrol

You might like

Live: Title

Now playing

00:00:00 / 00:00:00
Added to queue
Removed from queue

On Air

Share

Share

Up next

Episode title
Show
Duration

You currently have no podcasts in your queue.

Go to podcasts

On Air

Dermot & Dave

Dermot & Dave

9 AM-12 PM

Share

Up next

Lunchtime

Lunchtime

12 PM-2 PM

Share

Fergal D'Arcy

Fergal D'Arcy

2 PM-4:30 PM

Share

The Last Word with Matt Cooper

The Last Word with Matt Cooper

4:30 PM-7 PM

Share

Ed's National Anthems

Ed's National Anthems

7 PM-9 PM

Share

The Paul McLoone Show

The Paul McLoone Show

9 PM-12 AM

Share

Overnight

Overnight

12 AM-5 AM

Share

Early Breakfast with Pamela Jo...

Early Breakfast with Pamela Joyce

5 AM-7 AM

Share

The Ian Dempsey Breakfast Show

The Ian Dempsey Breakfast Show

7 AM-9 AM

Share

Dermot & Dave

Dermot & Dave

9 AM-12 PM

Share

00:00:00 / 00:00:00

Share on