Purchase tax exemption policy may end blowout of small displacement

Recently, the news that small-displacement 2.5% preferential tax rebates for purchase tax rebate policy has survived, which has caused consumers of the recent car purchase plan to pay close attention to it. The “watchers” on the market have obviously increased, and dealers have also taken the opportunity to “play”. Purchase Tax Promotional License." Some dealers expect that sales of small-displacement cars will blowout before the end of the year.

Some dealers indicated that they have already heard about the purchase tax preferential cancellation policy. If this policy is formally introduced next year, small-displacement vehicles may experience a blowout in the last month of this year, and even pre-pay sales for the next year, but at present It is still an unknown number.

It is understood that in March 2009, to stimulate domestic automobile consumption, relevant departments introduced preferential policies for halving the purchase tax for passenger vehicles with small displacements of 1.6 liters or less, which was reduced from the previous 10% to 5%. In that year, the market share of small-displacement passenger cars increased from about 50% before to about 70%.

According to the original plan, purchase tax incentives, car-to-country and trade-in incentives should all be terminated in late 2009 or mid-2010, but after considering various factors, these policies were postponed until the end of this year. However, this year's purchase tax preferential policy has been reduced from a halving to a 2.5% reduction, that is, 7.5%.

“We have not yet received an official notice of the postponement. From what we have learned now, the purchase tax concessions for the next year are likely to be cancelled. However, the exact information has to be ordered by the relevant departments of the country.” Insiders said that the introduction of the purchase tax was a response. The financial crisis has stimulated the automotive consumer market, and now the rigid demand for automobiles is showing a growing trend. It is also reasonable to comply with the market cancellation. In addition, the car replacement policy that has been implemented continuously for the past two years will also expire on December 31st. Regarding the retention of this policy, industry insiders said that by 2011, it may no longer be implemented.

â–  Link 2010 Which New Deal Motivates You and My Nerves 1. Purchase tax rate is raised to 7.5%

On December 9, 2009, the executive meeting of the State Council decided to extend the policy to reduce the purchase tax for vehicles with small displacements of 1.6 liters or less to the end of 2010, at a rate of 7.5%.

2. The real fuel consumption of automobiles was announced on January 1, 2010. The website of the Ministry of Industry and Information Technology officially launched the “Notice of Fuel Consumption of Light Vehicles” column. Consumers can inquire about the fuel consumption data of domestic cars and imported cars, according to 3 different operating conditions. Three data were published, namely suburban fuel consumption, comprehensive fuel consumption and urban fuel consumption.

3. The intensity of the trade-in of new cars has increased. On May 20, 2010, with the approval of the State Council, the implementation period of the car trade-in policy will be extended from May 31, 2010 to December 31, 2010. In the Circular on Relevant Matters concerning the Adjustment of Subsidy Standards for Automobile Trade-in, the subsidy standard for car trade-in subsidies was adjusted from 3,000 yuan to 6,000 yuan to 5,000 yuan to 18,000 yuan.

4. Huimin Subsidy for Energy-saving Products for Automobiles On May 26, 2010, the Ministry of Finance/Development and Reform Commission/Information Department officially released the Notice on Promoting the Implementation of "Energy Saving Products Huimin Project" Energy-saving Vehicles (1.6L and Below Passenger Cars). A one-time fixed amount of subsidies is given to consumers to purchase energy-saving vehicles. The subsidy standard is 3,000 yuan/vehicle.

5. Subsidies for New Energy Vehicles On June 2, 2010, the Ministry of Finance, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, and the National Development and Reform Commission jointly issued the “Notice on Launching Subsidy Pilots for Privately Purchased New Energy Vehicles”, attracting attention. The new energy vehicle subsidy implementation rules were formally introduced, confirming that pilot projects for the private purchase of new energy vehicles will be launched in five cities including Shanghai, Changchun, Shenzhen, Hangzhou, and Hefei, and will be weakly mixed and plugged-in to less than 1.6 liters and 20% of fuel-efficient. Hybrid passenger cars and pure electric vehicles have a maximum subsidy of 3,000 to 60,000 yuan per vehicle.