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a subsidy of 20,000 yuan can be provided for purchasing new energy vehicles by exchanging old ones for new ones

2024-09-14

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hunan daily omnimedia reporter peng kexin
recently, as the central government has clearly arranged for ultra-long-term special government bonds to further support the replacement of old consumer goods with new ones, relevant departments have made successive deployments and released the latest implementation details of the old-for-new car replacement program.
where can i get the car trade-in subsidy? how can i get it? on september 13, the provincial department of commerce held a promotional event for the consumer goods trade-in policy and explained the relevant policies in detail.
the owner of the scrapped vehicle and the newly purchased vehicle must be the same person
hunan’s current round of car trade-in subsidies is mainly divided into scrapping and renewal subsidies and replacement and renewal subsidies.
automobile scrapping and renewal subsidies refer to subsidies obtained by individual consumers through scrapping old cars and buying new cars. automobile replacement and renewal subsidies refer to subsidies obtained by individual consumers through "replacement and renewal" (i.e. selling old cars and buying new cars).
the scrapping and renewal subsidy is implemented in accordance with national policies, while the replacement and renewal subsidy is implemented in accordance with our provincial policies. the two differ in terms of subsidy scope, subsidy standards, and application procedures.
for individual consumers who scrap fuel passenger cars with national iii emission standards or below, or new energy passenger cars registered before april 30, 2018 (inclusive), and purchase new energy passenger cars included in the "catalogue of new energy vehicle models exempted from vehicle purchase tax" or fuel passenger cars with a displacement of 2.0 liters or less, the subsidy standard will be increased to 20,000 yuan for the purchase of new energy passenger cars and 15,000 yuan for the purchase of fuel passenger cars with a displacement of 2.0 liters or less.
it should be noted that the owner of the scrapped vehicle and the newly purchased vehicle must be the same person. the scrapped vehicle should be registered in the name of the applicant before july 25, 2024; the newly purchased vehicle should be registered in the name of the applicant during the subsidy application review period. the subsidy scope for scrapping and updating vehicles does not include company vehicles and commercial vehicles.
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, vehicle identification code of the scrapped car, etc., and submit the subsidy application to the subsidy acceptance place (i.e. the place where the "motor vehicle sales unified invoice" is issued).
you cannot apply for both scrapping and renewal subsidies and replacement and renewal subsidies at the same time
according to the automobile replacement and renewal subsidy policy, individual consumers who purchase a new passenger car within the province and transfer old passenger cars that meet certain conditions under their own name can be given a subsidy of up to 14,000 yuan based on the type and price of the car purchased.
this policy differs from the national scrapping and renewal policy in that there are no requirements for the model of new cars purchased. as long as it is a small or micro (with nine seats or less) non-commercial passenger car (including pickup trucks) purchased from a car sales company in hunan province, it can be used for family use. however, the tax-inclusive price of the new car must be rmb 50,000 or more in order to apply for the subsidy.
can the car replacement subsidy be combined with the car scrapping subsidy? the answer is no.
consumers should also be reminded that each old car can only be transferred and applied for subsidies once. for example, if a sells the car to b during the promotion period, a has already enjoyed this policy. if b transfers the car to c, b can no longer apply for subsidies.
individuals who meet the application conditions for this round of replacement and renewal subsidies can log in to the "huigou xiangche" subsidy application portal of the unionpay platform to submit an application between 10:00 on september 20 this year and 24:00 on january 10, 2025. after submitting the materials, you need to log in to the unionpay platform to check the review status in time. after the applicant passes the entire review process, the subsidy will be given according to the vehicle type and price tier, and the subsidy will be issued in the form of unionpay electronic red envelopes.
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