Save Money...buy a classic car!

What is a 'Classic' car? According to the revenue, its a car that was registered for the first time over thirty years ago.

What are the benefits?
1. Car tax of only €48 per year
2. No Vehicle registration tax (VRT) when you import a classic car
3. No NCT requirements for all cars registered before January 1st 1980
4. Cheap Insurance (there are some restrictions on usage), certain brokers specialise in this sort of insurance.

Motoring costs rise at twice the rate of inflation

The AA today reported that the cost of motoring has risen by 5.8% in the last twelve months.
The bulk of this is made up by the rise in fuel prices.

According to the report  ''It now costs €11,817 to run a small family car in the 'Band C' tax category (typical engine size of 1251 – 1500cc) for a year; up by €646 on the figure for 2010.''

The full report is available here.

Some of the costs can be offset by driving more conservativly, click here for tips on reducing your fuel usage: http://irishmoneysavingtips.blogspot.com/2011/05/efficient-driving.html

FS