The Used Vehicles Importers’ Association is calling on the government to publish the values of imported second-hand cars from non-EU states as established by the government for registration purposes. These are known as the residual values.

Association president Oliver Brownrigg told a news conference this afternoon that people were asking the importers how much cars were going to cost and they could not give them a price which included the registration cost.

These values, Mr Brownrigg said, should be issued as soon as possible so that the members of the association could study the system and see how much everything would cost.

The members expected considerable decreases in the registration cost of second hand cars. These would then be translated in the price of the car, Mr Brownrigg said.