Distortion caused by too little effect of trade-in subsidies


The national car salvage again made heavy fists. On July 13, the Ministry of Finance, the Ministry of Commerce, the Central Propaganda Department, the Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of Environmental Protection, the Ministry of Transport, the State Administration for Industry and Commerce, and the General Administration of Quality Supervision, Inspection and Quarantine The “Memorandum of Practice for Automobile Trade-in” (hereinafter referred to as the “Measures”) was jointly issued and issued, and specific provisions were made on the scope and standards of vehicle trade-in subsidies, application procedures, review of subsidy funds, and supervision and management. According to the "Measures", four kinds of cars can enjoy trade-in subsidies, and the amount of subsidies varies from 3,000 to 6,000 yuan.

After half a year of struggling, the commercial vehicle market finally ushered in policy support. However, there is a clear disagreement between manufacturers and industry analysts regarding the effect of this policy stimulus.

The person in charge of a light truck dealership in Guangzhou told reporters in this way that the “car to the countryside” policy had subsidy content to support the development of light vehicles, but it did not have much effect. “Some consumers feel that subsidies are too small to be as good as old cars. Will be used, in fact, if the old car directly to change hands, can get 4,000 yuan, do not need to do complicated procedures, you can get the same money."

Too little subsidies have become common views of many commercial vehicle dealers, consumers including manufacturers and industry experts.

However, not all people therefore rejected the potential energy of the new policy. On July 15th, Huang Renkai, a dealer who operated Qingling in Foshan, said in an interview with reporters: “This policy is definitely effective. We have waited for the implementation of this policy. After waiting a long time, the specific method has finally come down. This is a good thing."

For many dealers complained about too little subsidy, Huang Renkai did not take it seriously. He said: “I can save a little, that is, the automobile purchase tax is not much money, and the effect is not very good.”

Huang's viewpoint has been recognized by many experts. On July 15th, a senior automotive analyst in China told Hansong that when interviewed by reporters, “Many commercial vehicle companies in China have already raised their prices in the second half of this year. Sales expectations, indicating that companies are still very optimistic about this policy, as regards the issue of too little subsidy, the maximum subsidy of 6,000 yuan is not really big, but this subsidy is only about 2000~3000 yuan for car purchase tax, which is already big enough. Tax incentives can have such a good effect, and the stimulative effect of trade-in vehicles on commercial vehicles cannot be underestimated."


View related topics: "new trade-in" stimulates the development of commercial vehicle market


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