What is the new car replacement subsidy?
1 Answers
Automobile replacement subsidy refers to the additional subsidy given to the original owner on top of the price offered by the 4S store when selling the car. The following is the process for claiming the automobile replacement subsidy: 1. Scrapping: The owner transfers the old vehicle out of the city or sends it to a qualified dismantling plant for scrapping. 2. Application: The owner fills out and submits the application for government subsidies and corporate rewards for the elimination of old vehicles online or at designated service points. 3. Review: After the owner submits the application, the transaction processing platform will review the owner's information. The platform will complete the review within 3 working days after the vehicle's records are transferred or canceled and will notify the owner of the review results. 4. Voucher: Upon approval, the owner can print the corporate reward voucher through the platform's information system or collect it at the service point. 5. Purchase a new car: Bring the relevant vouchers to the car sales unit to purchase a new car. 6. Processing: The car sales unit uploads the information about the owner's new car to the transaction processing platform. 7. Public notice: The platform will complete the review and make a public notice within 3 working days. 8. Submit materials: The owner submits the materials related to the elimination of the old vehicle and the replacement of the new car at the service point and applies for government subsidies. 9. Claim: After approval, the government subsidy will be transferred to the owner's China Construction Bank savings account within 15 working days.
