Which Cars Are Exempt from Purchase Tax?
2 Answers
Purchasing new energy vehicles does not require payment of purchase tax, but the following conditions must be met: 1. Licensed vehicles: Pure electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles that are licensed for sale in China. The power batteries used must not include lead-acid batteries; 2. Conventional fuel consumption limit: For plug-in hybrid commercial vehicles, the comprehensive fuel consumption (excluding fuel consumption converted from electricity) must be less than 60% of the corresponding limit in the current national standard for conventional fuel consumption; 3. Passed inspection: The vehicle must pass the special inspection for new energy vehicles and meet the requirements of new energy vehicle standards.
Last time I wanted to buy a new car, I heard that vehicles exempt from purchase tax were quite cost-effective, so I looked into it. It turns out these are new energy vehicles, such as pure electric cars or plug-in hybrids. I bought a domestic electric car myself, and directly saved on this tax at the time of purchase, saving at least tens of thousands of yuan. This is all due to policy incentives aimed at reducing pollution and promoting green travel. I think it not only saves money but also reduces exhaust emissions, making it much more environmentally friendly. Maintenance costs in the future won’t be too high either, and charging is cheaper than refueling, making it a great value overall. I recommend paying attention to the new energy certification label when choosing a car—exemption from purchase tax is really attractive.
