Yes, that would work if you don't mind the hassle.
The VRT rebate is repayable to the Current registered owner of the car at the time of export. The car has to be presented to an NCT Centre for an appraisal prior to export which costs about €38. You then have 30 days to export it.
VRT rebate takes 4-5 weeks to process typically.
It might be easier to buy from a trader and let them sort it.
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