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secretary general of wuhan automobile circulation industry association was a guest at citizens' meeting to answer hot issues on automobile trade-in policy

2024-09-07

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recently, hubei province announced measures to increase support for the trade-in of old consumer goods. compared with the first round of policies, this round of policies has increased the subsidy standards. among them, for car trade-ins, both the scrapping and renewal subsidies and the replacement and renewal subsidies have doubled.

so, can citizens who have already applied for car replacement and renewal subsidies still enjoy the new policy? what conditions need to be met to apply for subsidies? on september 5, wang zhi, secretary general of wuhan automobile circulation industry association, was a guest in jimu news' citizens' appointment live room to answer questions related to wuhan's car replacement and renewal.

wang zhi (right), secretary general of wuhan automobile circulation industry association, was a guest at citizens' appointment

the amount of subsidies has increased significantly compared with the previous round

"what are the differences between wuhan's latest car trade-in policy and previous ones?" a netizen asked in the live broadcast room.

"the biggest feature of the new round of car trade-in policy is that the subsidy amount has been greatly increased, whether it is car scrapping or car replacement," wang zhi replied.

among them, in terms of car scrapping and renewal, the subsidy for scrapping old cars that meet the standards and buying new energy passenger cars will be increased from 10,000 yuan to 20,000 yuan; the subsidy for scrapping old cars that meet the standards and buying fuel passenger cars with a displacement of 2.0 liters or less will be increased from 7,000 yuan to 15,000 yuan. the new policy also sets requirements on the time that car owners hold old cars. scrapped motor vehicles must be registered in their names before (inclusive of) july 25.

in terms of car replacement and renewal subsidies, the subsidy standards for replacing newly purchased new energy passenger cars have been increased from 3,000 yuan, 5,000 yuan, and 7,000 yuan to 8,000 yuan, 12,000 yuan, and 16,000 yuan, respectively; the subsidy standards for replacing newly purchased fuel passenger cars have been increased from 2,000 yuan, 4,000 yuan, and 6,000 yuan to 7,000 yuan, 10,000 yuan, and 13,000 yuan, respectively.

"the doubled subsidy is a huge benefit to consumers," said wang zhi.

a netizen asked: is there a sequence for scrapping an old car and buying a new one?

wang zhi said that according to the current policy, there is no clear order of priority for buying a new car first or scrapping and replacing it first. however, there are corresponding time requirements for car scrapping and car replacement, and consumers should complete and meet the conditions for applying for subsidies within the time specified by the policy.

among them, according to the "implementation rules for car trade-in subsidy", the "scrapped motor vehicle recycling certificate", "motor vehicle cancellation certificate", "motor vehicle sales unified invoice" and "motor vehicle registration certificate" should be obtained between april 24 and december 31, 2024, and the declaration information should be submitted before january 10, 2025.

according to the "implementation rules for automobile replacement and renewal subsidy in hubei province", the date for individual consumers to transfer old cars and purchase new cars must be between may 16, 2024 and december 31, 2024. the transfer date of the old car shall be based on the invoice date stated on the "used car sales unified invoice", and the purchase date of the new car shall be based on the invoice date stated on the "motor vehicle sales unified invoice".

the same car can only enjoy the subsidy once

netizen question: is there a limit on the number of times the car scrapping and renewal subsidy and car replacement and renewal subsidy can be used? can one person enjoy it multiple times?

wang zhi said that according to the "implementation rules of hubei province's automobile replacement and renewal subsidy", new cars that have been determined to enjoy hubei province's automobile scrapping subsidy will not pass the review, so the same new car cannot apply for both the scrapping and renewal subsidy and the replacement and renewal subsidy. "but if you have two eligible old cars in your name, scrap them and replace them separately, and then buy two new cars, you can apply for both the scrapping and renewal subsidy and the replacement and renewal subsidy at the same time."

“can i apply for subsidies when buying a 7-seater commercial vehicle?” “can i enjoy subsidies when buying a new car?” “my old car has a license plate from outside hubei province. if the new car has a hubei license plate, can i apply for a car replacement subsidy?” “the old car i transferred is in my name, and the new car i bought is in my wife’s name. can i enjoy the old-for-new subsidy?”…

in the live broadcast room of "citizens' appointment", netizens asked questions one after another, and wang zhi answered them one by one.

"according to relevant regulations, new and old vehicles participating in scrapping and replacement must be small or micro passenger cars registered with the public security traffic management department." wang zhi said that whether the 7-seater commercial vehicle meets the subsidy standards, the owner needs to check whether the vehicle is registered as a "small passenger car" with the public security traffic management department. if so, the owner can participate in this old-for-new activity.

so, if you don't sell old cars and only buy new ones, are there any subsidies? "there is no clear government subsidy policy for buying new cars, but many car brands have launched their own preferential prices and subsidies." wang zhi said, for example, the china auto valley brand operation center of wuhan economic development zone has launched consumer voucher subsidies in cooperation with some car brands and insurance companies. for a single vehicle with an invoice price of 60,000 yuan (inclusive) or more but less than 100,000 yuan, 100,000 yuan (inclusive) or more but less than 200,000 yuan, or 200,000 yuan (inclusive) or more, a consumer voucher of 1,000 yuan, 2,000 yuan, or 4,000 yuan can be written off or directly deducted from the corresponding preferential amount of the car purchase.

"according to relevant policies, consumers who apply for hubei's car replacement and renewal subsidies must register their old cars under their own names before april 30, 2024." wang zhi replied that if the old car has a license plate from outside hubei province, and the above conditions are met, the old car can be changed to a hubei license plate first, and then a new car can be purchased and registered within the province, and the subsidy can also be applied for.

wang zhi also reminded that the national and provincial car trade-in policies require that the old and new cars must be under the name of the same person, and relatives such as husband and wife, father and son, and brothers and sisters do not meet the application conditions.

the subsidy amount is limited and is on a first-come, first-served basis

many netizens left messages saying that they had applied for car replacement and renewal subsidies on dongchedi before the new policy was released. do they need to reapply? will subsidies be provided according to the new standards? how long will the policy last?

"the car trade-in subsidy will be implemented retroactively, and consumers who have already applied do not need to submit a reapplication." wang zhi explained that for eligible car scrapping and renewal subsidy applications submitted from april 24, and eligible car replacement and renewal subsidy applications submitted from may 31, the increased subsidy standards will be applied.

wang zhi introduced that the policies of scrapping and renewal and replacement and renewal subsidies will continue until december 31, 2024, and consumers should submit declaration information on the corresponding platform before january 10, 2025. "hubei province has an upper limit on the amount of automobile replacement and renewal subsidies, and the activity will end when the funds are used up. at present, the funds are sufficient, so please rest assured to buy."

"why did my application for car replacement and renewal subsidy on docar.com fail to be approved?" one netizen asked.

wang zhi said that based on the current situation, the main reasons for consumers' returns include: the photo of the certificate is not clear or complete, and the auditor cannot compare the relevant information; the new vehicle identification code and vehicle model are filled in incorrectly; the new vehicle driving license and registration certificate are not uploaded on page 2; the motor vehicle cancellation certificate is uploaded incorrectly. consumers are advised to check the application materials and upload them again.

when will the subsidy funds be credited to the approved subsidy applications? wang zhi said that the province and city are currently further improving the functions of the car trade-in service platform, optimizing the subsidy application review and fund disbursement supervision process, shortening the fund disbursement time, and striving to get the subsidies to consumers as soon as possible. please be patient.

(source: jimu news)

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