Ministry of Commerce: It will plan ahead of schedule the policy of replacing old cars with new ones next year

Kuaifu Technology reported on November 21.

According to a report from the Financial Union, Song Yingjie, a second-level researcher at the Consumption Promotion Department of the Ministry of Commerce, said at the 2024 Auto Finance Industry Summit today: At present, the number of national automobile scrapping renewal applications and national automobile replacement renewal applications have exceeded 2 million, totaling more than 4 million.

The average daily subsidy application volume continues to remain at a high level.

As a result, the national scrap car recycling volume increased by more than 50% year-on-year from January to October.

Song Yingjie also said that the next step is to continue to implement the subsidy policies and a series of supporting support policies that have been introduced, scientifically evaluate the effectiveness of this year’s policies, plan in advance next year’s car trade-in policy, stabilize market expectations, and continue to improve vehicle-related policies to promote safe and convenient trading of used cars.

It is reported that there are currently two main new car purchase subsidy policies in China, one is car scrapping renewal “and the other is” car replacement renewal “.

Different subsidy policies have different subsidy amounts.

Among them, after scrapping emission fuel-emitting vehicles of National III and below or new energy passenger vehicles registered before April 30, 2018, a subsidy of 20,000 yuan will be provided for purchasing new energy passenger vehicles.

a subsidy of 15,000 yuan will be provided for purchasing fuel passenger vehicles with displacement of 2.

0 liters and below.

The replacement subsidy policy means that after the ownership of a motor vehicle under an individual’s name is transferred and a unified invoice for the sales of used cars is obtained, you can enjoy the replacement subsidy purchase policy of various places.

The subsidy standards in various places are not exactly the same.

In addition, in order to respond to the country’s policy call for replacing old cars with new ones, a number of car companies have also increased the number of manufacturer replacement subsidy policies, which can be superimposed on the country’s replacement subsidy, and the overall car purchase discount will be greater.

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