https://www.irishtimes.com/business/...-you-1.3960335
"Higher annual motor tax. Two options are presented. The second would see the current rate stay the same for the two lowest motor tax bands (for cars up to 80g/km in CO2). After this, the price would rise by between €20 and €150 depending on a car’s emissions."
It's hard to tell if this is intended to apply retrospectively or just to new cars? If the former then presumably it would only apply to post-2008 cars?
"The number of tax bands for Vehicle Registration Tax (VRT) will increase from 11 to 14 and the tax rates will change. The lowest rate drops to 7 per cent for cars with emissions below 50g/km and rises to 39 per cent for cars with emissions over 200g/km."
Only a 3% increase for highest band, but still obviously not great and will presumably drive up the cost of new Irish cars also.
Is it simply unwise to be considering buying an M3 in the foreseeable future?
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