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big bargain in the auto market | government replacement subsidies plus manufacturer subsidies, it’s a good time to change cars

2024-09-12

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red net time news september 12th(reporter tang jieqiong, intern peng shiyu) consumers who have recently thought about changing their cars now have a great opportunity to do so. not only is there a new round of car trade-in subsidies in hunan, with the highest subsidy reaching 20,000 yuan, a significant increase compared to the first half of the year, but there are also replacement subsidy policies from major car brands, etc., which are a victory for the party.
government replacement subsidy: maximum subsidy is 20,000 yuan
recently, the details of hunan's new round of car trade-in policy were officially released, with the maximum subsidy for scrapping and updating being 20,000 yuan, and the maximum subsidy for replacement and updating being 14,000 yuan.
individuals who meet the requirements for applying for this round of replacement and renewal subsidies should log in to the "hui gou xiang che" subsidy application portal on the unionpay quickpass platform to submit their application between 10:00 on september 20, 2024 and 24:00 on january 10, 2025.
comments: the new round of subsidies is very strong, more than doubling the first half of the year. the most important thing is that car owners who previously applied for scrapping or replacement are now subject to the new subsidy standards, which is very touching.
buick: replacement subsidy up to rmb 45,000
in september, buick officially announced the launch of a limited-time discount event, which will last until september 30. purchasers of buick verano pro, e5, gl8 es lu zun, envision plus, regal and other models can enjoy limited-time comprehensive discounts.
among them, the buick regal bare car starts at 109,900 yuan, with a 20% down payment and 60 installments of low interest. the buick e5 employee and family price starts at 159,900 yuan, with a replacement subsidy of up to 26,000 yuan, and the first non-operating owner has a lifetime warranty on the whole vehicle and three electrics with unlimited mileage.
buick gl8 es lu zun enjoys up to 100,000 yuan in comprehensive discounts, including full purchase tax subsidies, up to 45,000 yuan in replacement subsidies, and half-price purchase tax for other configurations. car owners who purchase the new gl8 lu zun phev can enjoy a 30,000 yuan value preservation subsidy when they return to the store to replace any buick brand model in the 2nd to 5th year.
comment: joint venture brands are having a hard time, and prices have been falling again and again. the bare car price of the regal has dropped to less than 110,000 yuan, and you know it is a mid-to-high-end sedan. buick has occupied a monopoly in the business mpv field for many years, and the current replacement power is still very attractive.
faw-volkswagen: tanyue limited-time price starts at 139,800 yuan
faw-volkswagen launched a limited-time promotion in september, offering multiple discounts on star models such as the new generation of magotan, sagitar, bora, lanjing, and lanchuang. all models can enjoy a replacement subsidy of up to 31,000 (including national subsidies) when trading in old models for new ones, allowing consumers to buy high-quality cars that are worth the money at a lower cost.
among them, tanyue is one of the discounted models, with a limited-time selling price starting from 139,800 yuan, and lanxun has a limited-time selling price starting from 189,800 yuan, with a purchase tax subsidy of up to 50%, and the deadline is september 30, 2024.
comment: although many brands claim that they will not engage in price wars, the prices of joint venture brands have been falling again and again, and they have no choice but to compete.
saic volkswagen tuyue new rui: fixed price 79,900 yuan
on august 30, during the chengdu auto show, saic volkswagen officially launched the new tuyue. the new car is positioned as an entry-level compact suv, providing 1.5l and 1.5t power, with an official limited-time price of 79,900-106,900 yuan and an official guide price of 125,900-153,900 yuan. the body size of the new tuyue is smaller than the current tuyue, and it will be the new entry-level member of the tuyue family.
a volkswagen brand compact suv has a starting price of less than 80,000 yuan, and the powertrain comes with a lifetime warranty. this price is even cheaper than many compact suvs of domestic independent brands.
comment: it is rare to see a new car being launched at a fixed price, which shows the determination of joint venture car companies to pursue sales.
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