Hi
Im looking at buying a land rover , from a garage that deals in ex lease cars on the small print it says vat qualfying does this mea they are to add vat on ??Please help!!

I understand it to mean items due to attract VAT. Non commercial vehicles - private cars - only attract VAT on the first time sale IIRC....

VAT Status and Used Cars

The use to which a car is put will determine its status for VAT purposes. In turn, that VAT status will determine whether VAT should be charged on the disposal of the car and hence whether there is any VAT available for recovery in the hands of a subsequent owner.

If VAT has been fully recovered on a car, that car will be “VAT qualifying”. If a qualifying car is sold VAT will be chargeable on its sale, and recoverable by the purchaser under the rules outlined above.

If input VAT recovery has been restricted on a car at any point in its life, that car becomes “Non-Qualifying”. VAT will not be due on the sale of a non-qualifying car.

for more info read http://www.cartax.co.uk/Articles/Article_When_Does_VAT_Matter.asp

If if you are a VAT registered business, you can reclaim the VAT after you've purchased the car for business purposes. You will need to charge VAT when you sell the vehicle.

So the price advertised should include the VAT.

All brand new cars are automatically VAT qualified. The only time you can't is if the car is owned by a private individual.

At least that's my understanding. Gone: RRS : HSE : TDv6 : 57 : Java Black : Ebony : 20"

It's Vat qualifying because it has remained within the ownership of a Vat registered company.

The Vat reduces over time as the car depreciates. Only another Vat registered company can use this Vat to reduce their Vat liability on sales for example. Though I did use it to get the Vat refunded on a Ex demo I purchased from garage since I was exporting to Channel Islands. Rob
*Gone - HSE TDV8 Rimini Red + Tasmod sill plates

I dont think it says it is VAT qualifying but should it be then etc etc .........

The COY appears to deal in the cars not resell their own cars