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Old Jan 15, 2006 | 10:58 AM
  #1  
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From: Buxton
Question second hand MY06

MY06 WRX reg Nov 05 2000 miles at main dealers on for £19995? as the first owner has paid the VAT, delivery and number plate at a cost of £3542 that off the price of a new one is £17154.89 so even if they had it on at that it still gives them there original profit on a new model or have i missed something

Last edited by Manners; Jan 15, 2006 at 02:14 PM.
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Old Jan 15, 2006 | 12:04 PM
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john banks
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From: 32 cylinders and many cats
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Many used items have a market value that is more than the price you would pay new without VAT.

The first owner of a car doesn't automatically lose the value of the VAT when they drive off the forecourt, it is a myth. Depends on the car of course...
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Old Jan 16, 2006 | 03:25 AM
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furrydice79
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i bought a brand new mini coops (s) in 2004 for 15k,, kept it for a year,put 5000miles on it and sold it for 15500,,, it certainly does depend on the car
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Old Jan 16, 2006 | 08:23 AM
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its about demand, if everyone wants one and only a few are made prices go up!
If loads of made or no one wants them, prices come down.

Thats why old cars begin to rise in price!
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Old Jan 16, 2006 | 09:57 AM
  #5  
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VAT is irrelevant.

i could bore you with the details but basically a trader still has to pay over vat on the sale of second hand cars (they still only pay over VAT on the profit element)
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