second hand MY06
15 January 2006, 10:58 AM
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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; 15 January 2006 at 02:14 PM.
15 January 2006, 12:04 PM
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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...
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...
16 January 2006, 03:25 AM
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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
16 January 2006, 09:57 AM
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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)
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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