Can a Scrapped Vehicle Be Exchanged for a New One?
1 Answers
When a car is scrapped, the insurance company does not compensate for a new car. Instead, the insurance company will compensate based on the value of the car before it was scrapped. Regulations for scrapping private vehicles: For 5-seat family cars and 7-seat SUVs, non-commercial small and micro vehicles have no usage lifespan. When the normal mileage reaches 600,000 kilometers, the state will guide the scrapping. In addition to the above vehicles, small and micro non-commercial passenger cars, large non-commercial sedans, and wheeled special machinery vehicles also have no usage lifespan restrictions. The difference between guided scrapping and mandatory scrapping: Guided scrapping is a recommendation, but if the vehicle still meets the requirements for continued use, it does not have to be scrapped. Mandatory scrapping means the vehicle must, without exception, be scrapped. There are four criteria for mandatory scrapping: reaching the stipulated usage lifespan; failing to meet the national safety technical standards for in-use vehicles after repairs and adjustments; failing to meet national standards for emissions or noise after repairs, adjustments, or control technology; and failing to obtain a vehicle inspection qualification mark for three consecutive inspection cycles after the inspection validity period expires.
