“Disposal” means:

• Sale of the vehicle
• Gifting a vehicle to another person
• Hiring or renting of the vehicle

The vehicle cannot be sold, leased or gifted for at least 2 years from the date the relief is granted. You must keep the vehicle for 3 years for a specifically adapted vehicle and 6 years for an extensively adapted vehicle.

Disposing of Vehicle

You can dispose of the vehicle within the retention period if you must refund the Revenue Commissioners a substantial portion of the relief given. This is calculated by assessing the value of the vehicle at the time of disposal.

Disposal due to accident damage – the damage is considered to calculate the value of the vehicle.