Vehicle Registration Tax (VRT) is a tax levied on the registration of a vehicle in Ireland. The amount of VRT due is based on the Open Market Selling Price (OMSP) of the vehicle, its age, and its CO2 emissions. There are various methods to minimize the amount of VRT payable, which can lead to significant savings.
Firstly, consider the age of the vehicle. Vehicles over 30 years old are exempt from VRT. If you are looking for a classic or vintage car, this could be a significant saving.