Is the purchase tax halved for a 1.4T displacement?
4 Answers
Starting from July 1, 2019, the purchase tax rate for cars is 10%, so the concept of a halved purchase tax for car purchases no longer exists after 2019. More details are as follows: 1. The purchase tax is a tax that must be paid when buying a new car. Previously, there were preferential purchase tax policies for small-displacement models, which were implemented by the state to encourage consumers to purchase small-displacement vehicles. 2. With the advancement of technology, large-displacement naturally aspirated cars are now rare on the roads. Most vehicles in use today are equipped with small-displacement turbocharged four-cylinder engines, and some even use small-displacement turbocharged three-cylinder engines.
I've always been paying attention to automotive policies. In China, the halving of purchase tax usually applies to gasoline-powered vehicles with an engine displacement of 1.6 liters or below. You mentioned a 1.4T turbocharged car with exactly 1.4-liter displacement – based on previous policies, it should qualify. A friend of mine bought a new 1.4T car last year and saved over 5,000 yuan in purchase tax. This policy can significantly reduce the financial burden of buying a car. However, you should note that policies change every year. For example, in 2023, some said the benefits were only for new energy vehicles, and conventional fuel cars might not enjoy such substantial savings. So I recommend checking the official website of China's tax bureau or consulting a 4S dealership to confirm with the latest documents. Don’t just rely on others' experiences; verifying it yourself is the safest approach. The money saved could easily cover an upgrade to better tires!
I think the half-cut purchase tax policy is quite a common benefit when buying a 1.4T displacement car. Basically, vehicles with displacements not exceeding 1.6 liters fall within the range. I checked the tax policies when I bought my car, and it saved a significant portion of the budget. However, the key is to look at the specific year and regional rules, as nowadays some policies favor electric vehicles, and gasoline cars might not have any discounts. I usually call the customer service hotline for consultation or use an APP to check vehicle registration information to avoid unnecessary hassle. After all, the half-cut tax can save about 10% of the car price, and using that money for an extra fuel fill-up or maintenance is more cost-effective. Don't forget to update your knowledge base promptly, as policy changes may affect your final expenses.
A 1.4T turbocharged car usually falls within the small-displacement range, and the purchase tax is often halved, which can help save money. The policy is designed to encourage energy efficiency, so buying such a car reduces the tax by about half, which is good news for budget-conscious people. However, be aware of the rule changes for the current year—sometimes the benefits only apply to pure electric or hybrid vehicles, and fuel types may miss out. Choosing the right time to buy a car can make it more worthwhile, as the halved tax directly eases monthly payments.
