company car - original market value

[comraid]

Hi

I have been given a list of cars to select from for a company car. Where do I get the original market values of these cars that the Revenue use so I can select a car with a smaller amount of BIK .
I will be keeping this car for 4 years - does the OMV amount apply for all 4 years or is depreciation built in for year 2,3 etc.?

Thanks

 

[asdfg]

The OMV is the cost or list price of the vehicle and this is accepted by revenue.

There is no deduction for depreciation for later years

e.g. If you buy a car which is say 2 years old (as some people do) the BIK calculation is calculated on the list price of the car (OMV) 2 years ago.

 

[aidan119]

Revenue will allow a 10% deduction off the list price as this is what a buyer would normally be able to negotiate if buying privately.