On May 3rd, according to domestic media reports, multiple departments recently jointly announced a policy offering subsidies for trading in old cars for new ones, with the highest subsidy reaching up to 10,000 yuan.
In order to promote the policy of trading in old cars for new ones, local governments, car manufacturers, and platforms in various regions have intensified policy benefits. The new car exchange policies in some areas are quite attractive, and some car owners have already benefited from purchasing cars.
According to a netizen, who traveled from Jiangsu to Hangzhou for tourism, upon hearing about the car purchase subsidies in Hangzhou, he visited a Xiaopeng store to look at cars. One of his friends also bought a Xiaopeng car.
This friend traded in his old Xiaopeng car, and in addition to receiving a 35,000 yuan cash subsidy, a 5,000 yuan insurance discount, a 15,000 yuan subsidy for trading in the old car for a new one from Xiaopeng, and a 6,000 yuan car purchase subsidy from the Hangzhou government, he saved 61,000 yuan when buying the new Xiaopeng car.
A Xiaopeng product expert revealed to the media that although neighboring provinces also offer car purchase subsidies, Hangzhou provides greater subsidy incentives and more benefits at the store level. Many people are coming from other provinces to buy cars, with one customer even rushing over from Xinjiang.
Furthermore, sales staff explained that the trade-in subsidy policy offered by car manufacturers does not require selling the car to the manufacturer. Instead, car owners need to provide the transfer invoice, vehicle registration, and invoice for the new car. Regardless of the car model, they can receive the car purchase subsidy.
For friends considering changing cars, selling the old car recently and taking advantage of trade-in subsidies and other policies is a good choice.
