How much compensation is given for motorcycle scrapping?
2 Answers
Motorcycle scrapping subsidies are as follows: Early vehicle scrapping compensation = Monthly average depreciation amount × Remaining months of vehicle use, where, Monthly average depreciation amount = Vehicle sales invoice price ÷ [10 (years) × 12 (months)]; Remaining months of vehicle use = [10 (years) × 12 (months)] - Number of months from initial registration to scrapping. Scrapping rules: Light two-wheeled motorcycles and three-wheeled motorcycles with a cumulative mileage exceeding 100,000 kilometers, and regular three-wheeled motorcycles with a cumulative mileage reaching 80,000 kilometers, will be mandatorily scrapped. Documents required for scrapping: For motorcycle scrapping, the owner should provide the front and rear license plates of the motorcycle, the original and a copy of the owner's ID card, the original and duplicate of the vehicle license, the vehicle registration certificate, etc., and submit all these to the motorcycle recycling point.
The compensation for motorcycle scrapping varies significantly across different regions. When dealing with my old motorcycle, I specifically researched this. Although the government encourages the phasing out of old vehicles, the specific amount depends on the policies of your city. In major cities like Beijing and Shanghai, where emission control is stricter, the compensation tends to be higher, generally around 700 to 1,000 RMB; in smaller cities, it might only be 300 to 400 RMB. Additionally, older motorcycles with larger displacements may receive more compensation. However, remember to follow the proper procedures: find a qualified recycling company to issue a scrapping certificate, then go to the vehicle management office to cancel the registration. I recommend checking your local environmental protection bureau's website, as they usually have detailed documents. Never dismantle and sell it as scrap metal yourself—it's illegal and a financial loss. Going through the official scrapping process ensures peace of mind.
