Your car has a deductible VAT?
Sale of your vehicle with deductible VAT.
💡 How does the selling process work if you have a vehicle with deductible VAT?
⚠️ First, when filling out our evaluation form, you need to make sure that you have indicated "VAT deductible."
- Once we have found a suitable dealer for your vehicle, we will promptly send you a purchase contract.
- You must complete and sign the purchase contract and also upload a photo of your ID card and the vehicle registration certificate part II.
- The next step is to sign the contract.
- You will provide us with an official invoice with the contract details.
- Our external logistics partner will contact you to arrange a suitable date for vehicle pick-up.
- The gross amount of the sale price will be credited to you via bank transfer 1-2 days before the pick-up.
- Our logistics partner will collect your vehicle from your location.
- If necessary, we will take care of deregistering your vehicle.
What is the difference between a regular car sale (margin vehicle) and a car sale with deductible VAT?
When a new car is purchased for the first time by a company, no value-added tax (VAT) is paid (or it is paid and immediately refunded by the company). Whether VAT must be paid on the entire car during a later resale depends on the second buyer (private individual vs. company). These vehicles are referred to as vehicles with deductible VAT.
On the other hand, a margin vehicle is a used car on which VAT has already been paid. If a customer trades in their vehicle with a car dealer, the buyer, in this case, does not have to pay VAT.
Why do we need an invoice from you?
In order to separately indicate the VAT, it is essential to send us an invoice for the sale. We have a template for this that you can use, and we will assist you with it.