Is the XPeng P7 subject to purchase tax?
2 Answers
XPeng P7 is exempt from vehicle purchase tax. Below is relevant information for purchasing the XPeng P7: Relevant documents: Mainland residents should provide a Mainland "Resident Identity Card" (including residence or temporary residence certificates) or "Household Register" or military (including armed police) identity documents. Residents of Hong Kong, Macao Special Administrative Regions, and Taiwan should provide entry identity documents and residence permits. Method for paying purchase tax: Purchase tax is paid at the relevant counter of the State Tax Bureau. You can find the vehicle purchase tax payment counter at the local administrative service center to pay the vehicle purchase tax. However, the XPeng P7 is exempt from vehicle purchase tax. Vehicle price proof and qualification certificate: Provide a unified invoice (invoice copy and tax declaration copy) or valid proof, and provide the vehicle factory qualification certificate (hereinafter referred to as the qualification certificate).
I just picked up my XPeng P7 at the end of last year. As a pure electric vehicle, it's completely exempt from purchase tax, which is a huge money-saver. After checking the policies, I learned that China offers subsidies for new energy vehicles, and electric cars like the XPeng P7 are fully exempt from purchase tax. When buying the car, I saved nearly 10% of the cost, which amounted to tens of thousands of yuan—it felt like a fantastic deal. For my daily commute, charging is also much cheaper than refueling, and in the long run, I can save on fuel costs. I remember before purchasing the car, I was worried about high taxes, but after the salesperson explained this policy, I made the decision without hesitation. Overall, the XPeng P7's affordability and eco-friendliness are both impressive.
