subsidy upgrade! the scrapping and replacement of old cars has ignited the enthusiasm for car purchases. the maximum subsidy for scrapping and replacing old cars that meet the policy can reach 20,000 yuan, attracting many old car owners to join the car replacement camp
2024-08-28
한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina
as a major daily purchase, automobile consumption has always attracted much attention. as industry insiders said, now ordinary people have transitioned from "affordable" to "good use" in car use, pursuing a more comfortable, economical and richer driving experience. in order to improve the pace of car trade-in, in april this year, seven departments including the ministry of commerce and the ministry of finance issued the "implementation rules for subsidies for car trade-in". on the afternoon of august 16, not long ago, the seven departments once again issued the "notice on further improving the work of car trade-in". compared with the previous round, the new round of trade-in policy further promotes the stable growth of the automobile consumption market by raising the scrapping and renewal subsidy standards and increasing central financial support. many old car owners have begun to pay attention to this policy and inquire about the price of new cars, and the car replacement plan is underway.
subsidy for scrapping old cars and replacing them with new ones doubled
new policies continue to increase
according to the new subsidy policy, individual consumers who scrap fuel passenger cars with emission standards of national iii or below or new energy passenger cars registered before april 30, 2018 (including that day) and purchase new energy passenger cars included in the "catalogue of new energy vehicle models for vehicle purchase tax reduction and exemption" or fuel passenger cars with a displacement of 2.0 liters or less will receive a comprehensive subsidy increase, from 10,000 yuan to 20,000 yuan for new energy passenger cars, and from 7,000 yuan to 15,000 yuan for fuel passenger cars with a displacement of 2.0 liters or less. consumers who submit eligible subsidy applications from april 24 will be subject to the adjusted subsidy standards; for consumers who have already received subsidies, the difference in subsidies will be made up, which also means that car owners who previously traded in old cars for new ones can still enjoy the latest policy.
yang hongsong, director of the innovation and development department of the china automotive research institute, said that of the 300 billion yuan of ultra-long-term special treasury bond funds, 150 billion yuan was invested in promoting the replacement of old cars and home appliances. in general, automobile consumption is highly expected because cars are major consumer goods with a large market size and a strong driving effect on economic growth. especially in some large cities, the introduction of a subsidy policy for scrapping and updating cars will help stimulate sales growth in the local auto market. as a major consumer product, cars have a great driving effect on gdp, and the value of each car is usually relatively high, which is an important means to drive economic growth.
the effect of this policy is obvious. at the regular press conference of the ministry of commerce on august 22, the spokesperson introduced the recent work of car trade-in. as of noon on august 22, the ministry of commerce's car trade-in information platform had received more than 680,000 applications for car scrapping and renewal subsidies, and about 340,000 new subsidy applications in the past month. the car scrapping and renewal policy has led to a rapid increase in the amount of scrapped cars recycled. from january to july, 3.509 million scrapped cars were recycled nationwide, a year-on-year increase of 37.4%. among them, may, june and july increased by 55.6%, 72.9% and 93.7% year-on-year respectively, showing an increasing trend.
why has the subsidy standard been significantly increased?
perhaps many old car owners will wonder why subsidies for old car replacement have been introduced before, and why they need to be increased this time to promote the scrapping of old cars? in this regard, li keaobo, executive vice president of the institute of chinese economic thought and practice at tsinghua university, said in an interview that current consumption is insufficient. in the first half of this year, the growth rate of total retail sales of consumer goods was slower than that of gdp. one of the current focus is automobiles, because automobile retail accounts for about 1/10 of total consumption. therefore, stimulating automobile consumption can lead to a more obvious growth in overall consumption.
in yang hongsong's view, the growth rate of the automobile industry in the first half of this year was lower than expected. in the first six months, automobile production and sales reached 13.891 million and 14.047 million respectively, up 4.9% and 6.1% year-on-year respectively. "the average growth rate is a little over 5%, which to some extent shows that the growth rate of the automobile industry has not played a good role as a stabilizer of economic growth." according to historical data, the growth rate of the automobile industry usually exceeds the gdp growth rate by a large margin, while the growth rate in the first half of the year is only slightly higher than the gdp growth rate, so corresponding policies need to be introduced.
mr. liu, an insider in the qingdao auto industry, believes that the introduction of this policy is a win-win situation. on the one hand, the pollution caused by fuel vehicles with emission standards of national iii and below is much greater than that of vehicles with national vi standards. encouraging the elimination of these vehicles can promote environmental improvement. on the other hand, it can further promote the market share of new energy vehicles and allow some old fuel vehicle owners to join the ranks of new energy users. in fact, these owners have already planned to change their cars. the policy is equivalent to a "booster" that allows everyone to enjoy the benefits of low-cost car use.
increased the enthusiasm of old car owners to change cars
how much impact will this policy have on old car owners? the reporter interviewed mr. wu, who lives in dongli, qingdao. he said that not only he, but also his relatives and friends have paid attention to this policy and have the idea of changing cars. they plan to use the recent auto show to choose new models and then go through the subsidy process. "i bought my baic ec180 in december 2017, which is just within the 20,000 yuan subsidy range. at that time, i bought this car because of its low cost. i commute 60 kilometers every day, and there is a garage at home for slow charging, which is quite convenient and saves money. but as time goes by, the shortcomings of this car have gradually emerged." mr. wu said that because this car was bought relatively early, its endurance is far inferior to that of new cars now. it can only run 150 kilometers without air conditioning in winter. there will be some "mileage anxiety" when going back and forth to jiaodong international airport to pick up the children.
in addition, the baic ec180 only has slow charging, which is slow to charge when in a hurry, and it is even more difficult to drive far. so why didn't you consider changing your car when the subsidy was 10,000 yuan before? mr. wu said that he had only driven his car for less than 8 years, with a total mileage of only 80,000 kilometers. he felt that the scrap subsidy of 10,000 yuan was a bit too little, and the car could last for another two years. however, the increase in subsidies this time made him very excited. the new model has both battery life and comfort. he plans to change to a new car within 100,000 yuan. he is currently comparing many options and plans to replace the old car before the end of the year.
"i'm not the only one who wants to change my car. my brother-in-law does too. his fuel car has been around for many years and it's time to scrap it. he is particularly concerned about the policy and is also planning to change his car." mr. wu said that there are many old car owners like him.
after interviewing 4s stores, the reporter learned that after the new policy was introduced, the number of consumers who came to the stores to inquire about the old-for-new exchange increased significantly, and consumers showed great interest in the specific content, operation process and subsidy amount of the new policy. at the same time, many car companies have added service content based on the new policy. for example, consumers who buy cars during the event can enjoy additional replacement subsidies provided by car companies on top of national subsidies.
link: how to apply for subsidies?
individual consumers who intend to apply for subsidies for car trade-in should log in to the national automobile circulation information management system website or the "car trade-in" applet before january 10, 2025, fill in personal identity information, and submit subsidy applications. the state council's client applet has a new "large-scale equipment renewal consumer goods trade-in" section, with a "car trade-in subsidy application" column, where you can view subsidy applications, progress inquiries, and operation guides... all with one click.
