VAT Status of vehicle

If you buy through the auction or bid process, there are three categories that used vehicles will be placed in.

1. VAT QUALIFYING
2. MARGINAL
3. COMMERCIAL

A UK VAT registered company can claim UK VAT back from the purchase price, (currently 20%) from a VAT Qualifying vehicle, as long as it is purchased by a VAT registered company directly from the seller advertising it as VAT Qualifying.

THREE PEARS VEHICLE SOLUTIONS is a UK VAT registered company and can assist with these purchases, but only if strict guidelines are followed.

1. 3 Pears must purchase the vehicle and be invoiced directly from the UK VAT registered Vendor
2. 3 Pears must be provided with written confirmation the vehicle is VAT Qualifying from Vendor
3. 3 Pears will invoice you for the VAT exclusive price, PLUS any transportation required and service charge
4. 3 Pears currently charges a fee of 1.5% of the gross vehicle price for this service
5. 3 Pears Net value invoice must be paid in full immediately upon invoice

There is no way of claiming VAT back out of a VAT Marginal vehicle. The price listed is the price you will pay. There is no point in intervention by Three Pears.

COMMERCIAL VEHICLES

If a vehicle is identified as “commercial, 20% VAT will be added to the purchase price after sale, but under the same conditions as VAT Qualifying vehicles, this will be re-claimable, but only if similar strict guidelines are followed.

1. 3 Pears must purchase the vehicle and be invoiced directly from the UK VAT registered vendor
2. 3 Pears must be provided with written confirmation the vehicle is VAT Qualifying
3. 3 Pears will charge a fee of 1.5% of the gross vehicle price for this service
4. 3 Pears Net value invoice from Three Pears must be paid in full immediately

Note: BUYUKCARS or 3 Pears must be contacted prior to any purchase where VAT is not able to be removed directly by the Vendor.