What displacement of motorcycles is exempt from purchase tax?
3 Answers
Above 150cc. More extended information is as follows: Regulations on purchase tax exemption: The obligation to pay vehicle purchase tax arises on the day the taxpayer purchases the taxable vehicle. According to the "Vehicle Purchase Tax Law of the People's Republic of China" implemented from July 1, 2019, motorcycles with a displacement of 150 milliliters (inclusive) or less are not subject to vehicle purchase tax and therefore do not need to pay vehicle purchase tax. Purchase tax calculation method: According to the "Vehicle Purchase Tax Law of the People's Republic of China", the domestic vehicle purchase tax rate is 10%, and the calculation formula is: Tax payable = taxable price × tax rate (if it is lower than the minimum taxable price promulgated by the State Taxation Administration, the minimum taxable price stipulated by the State Taxation Administration shall be used).
Last time I bought a motorcycle, I found that models below 150cc are exempt from purchase tax, which saved me a lot of money. I chose a 125cc motorcycle, which rides smoothly and is sufficient for daily commuting. The policy seems to encourage people to use small-displacement vehicles, which are both environmentally friendly and cost-effective. If you're considering buying a motorcycle, I suggest first confirming that the displacement is 150cc or smaller. Many dealers have inventory, so now is a good time to buy. Small-displacement motorcycles are cheaper to maintain, have low fuel consumption, and are beginner-friendly. Remember to bring your ID card to the vehicle management office for registration and ensure all procedures are complete to avoid being scammed.
As a beginner who just got my driver's license and plans to buy my first motorcycle, I heard that models below 150cc are exempt from purchase tax. I quickly checked and it's true! This saves thousands when buying a bike. I consulted a salesperson who confirmed no tax for 150cc or lower, but higher displacements require payment. This policy is great, especially for those on a tight budget. Additionally, small-displacement bikes are easier to handle in the city, convenient for parking, and ideal for commuting. Before purchasing, it's advisable to verify the displacement and certificate, and avoid older models as this policy started a few years ago.
