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Over Aged-Vehicles

WHO WE ARE AND WHAT WE DO

Our Aged-Vehicles

The Government of Ghana has allowed the importation of the over-age vehicles into the country but with age-limit conditions. Thus an importer who brings in a vehicle older than a certain age will be required to pay a penalty on the vehicle. The penalty is calculated on the cost, insurance and freight (CIF) of the vehicle. We advise you contacted us for coat valuations before purchasing cars older than five (5) years. Below are some general information:

Our Office

Saloon Cars

Duration (Age)

More than ten (10) years but not more than twelve (12) years old

More than twelve (12) years but not more than fifteen (15) years old

More than fifteen (15) years and above

Penalty (On The CIF Value)

5%

20%

50%

Commercial Vehicle. Example Bus, Coach and Van

Duration (Age)

More than ten (10) years but not more than twelve (12) years old

More than twelve (12) years but not more than fifteen (15) years old

More than fifteen (15) years but not more than twenty (20) years old

More than twenty (20) years but not more than fifty (50) years old

Penalty (On The CIF Value)

2.5%

25%

10%

50%

Commercial Vehicle. Example Trucks, Lorry and Tipper Trucks

Duration (Age)

More than ten (10) years but not more than twelve (12) years

More than twelve (12) years but not more than twenty-two (22) years

More than twenty-two (22) years and above

Penalty (On The CIF Value)

5%

10%

30%

NOTE: The age of a vehicle shall be calculated from the year in which the vehicle was first manufactured.