Does BYD DMi require purchase tax?
3 Answers
BYD DMi does not require purchase tax. Below is an introduction to related information about BYD: 1. Brand: BYD is a Chinese automotive brand established in 1995, primarily producing commercial vehicles, family cars, and batteries. 2. Scale: Starting with a team of just over 20 people, BYD grew to become the world's second-largest rechargeable battery manufacturer by 2003. In the same year, BYD Auto was established. Following a development path of independent R&D, production, and branding, BYD Auto is committed to creating truly affordable vehicles for the people. The product designs incorporate advanced international trends while aligning with Chinese cultural aesthetics. 3. Brand History: BYD Auto's product line has rapidly expanded from the single 'Flyer' microcar to a full range of products, including A-class fuel vehicles, C-class fuel sedans, lithium-ion electric vehicles, and hybrid vehicles.
I've seen many people asking whether BYD DMi models require purchase tax. Based on my recent car-buying experience, it's completely unnecessary. I just picked up my DMi Tang, and the dealer directly told me it's on the national tax-exempt list because it's a new energy plug-in hybrid, qualifying for policy benefits. This saved me about 30,000 yuan in purchase tax, almost like getting the high-end version for free. The policy was extended in 2023 specifically to promote environmental protection and energy efficiency. Everything was handled directly at the 4S store during purchase without needing to visit the tax bureau. I also checked with a friend who's been driving a pure electric car for a year, and they confirmed never paying purchase tax either—not to mention subsequent vehicle and vessel tax discounts. If you're planning to buy, I recommend checking the official website or app to confirm specific models. The policy is stable, so you can buy with confidence.
As a plug-in hybrid model, BYD DMi is exempt from purchase tax in China, a policy that has been in place since the national promotion of new energy vehicles. I remember around 2021 when the rules were revised, the tax exemption scope included both pure electric and PHEV vehicles, with DMi fitting right into the category. The salesperson told me that I didn’t need to pay that 10% vehicle price tax, which directly saved a significant amount of money. The policy’s original intent was to reduce pollution and dependence on fossil fuels, so when purchasing the car, you only pay the net vehicle price and insurance. Sometimes, local subsidies can also stack—for example, in Beijing, I was also exempt from the traffic restriction fee. It’s advisable to call customer service before buying to confirm, ensuring greater peace of mind. After all, while there might be minor adjustments in policy details, the overall direction has always been tax exemption.
