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:
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%
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