Beijing launches car trade-in policy, 10,000 yuan subsidy is waiting for you

News on April 28, recently, the “Beijing City’s Action Plan for Actively Promoting Equipment Updates and Trade-in of Consumer Goods” was officially released. Zhao Weidong, deputy director of the Municipal Commerce Bureau, introduced that Beijing is making efforts from both ends of supply and demand, with market entities and consumers as the two main pivots, vigorously promoting the car trade-in policy, especially focusing on supporting the end-of-life renewal of cars. According to the new policy, consumers who scrap and renew their cars can receive a subsidy of up to 10,000 yuan.

The core goal of this subsidy policy is to accelerate the elimination of passenger cars and old new energy vehicles with emission standards of National III and below. Specifically, for scrapped passenger cars with National III emission standards and below, new energy passenger cars registered before April 30, 2018 (inclusive) and purchased are included in the Ministry of Industry and Information Technology's "Vehicles Exemption and Exemption" For consumers of new energy passenger cars in the New Energy Vehicle Model Catalog of Purchase Tax, the subsidy amount will be 7,000 yuan. If you choose to scrap a passenger car with National III emission standards or below and purchase a new fuel passenger car with a displacement of 2.0 liters or below, the subsidy amount is 2,000 yuan.

After detailed understanding of the data, in addition to direct subsidies to consumers, Beijing has also launched an incentive policy for second-hand car dealers. Enterprises with sales of more than 5 million yuan will be given a 0.5% reward of sales to encourage and promote the optimization and upgrading of the city's stock car structure. At the same time, the "Rejuvenation Life Festival", which focuses on replacing old items with new ones, is currently in intensive preparation and is expected to be launched to the general public in early May.

At present, the Ministry of Commerce and the Ministry of Finance have formulated the "Implementation Rules for Car Trade-in Subsidies". Within the time range stipulated in the rules, individual consumers can also obtain a one-time fixed subsidy if they meet certain conditions. If Beijing's subsidy policy can be used in conjunction with this national subsidy policy, then eligible Beijing residents are expected to receive car purchase subsidies of up to 20,000 yuan, which will undoubtedly greatly stimulate consumers' enthusiasm for car purchases and promote new energy vehicles and The market popularity of environmentally friendly oil trucks.

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