Eight departments: The maximum subsidy for selling my own passenger vehicle this year and purchasing a new one shall not exceed 15,000 yuan.

On January 17th, the General Offices of the Ministry of Commerce and other 8 departments issued a notice on the work of trading in old cars for new cars in 2025. The notice mentions that in 2025, personal consumers who transfer the ownership of their registered passenger cars and purchase new ones will be given one-time subsidy support. The subsidy for purchasing new energy passenger cars will not exceed 15,000 yuan, and for purchasing fuel passenger cars will not exceed 13,000 yuan. Personal consumers applying for car replacement subsidies must have their existing passenger cars registered in their name no later than January 8, 2025. Each individual consumer can only enjoy one car replacement subsidy within a calendar year, and for the same new car, they can choose to apply for either a car scrappage renewal subsidy or a replacement renewal subsidy. The text below: Notice of the General Offices of the Ministry of Commerce and other 8 departments on the work of trading in old cars for new cars in 2025 Combus Consumable Letter [2025] No. 8 Departments of commerce, development and reform, industry and information technology, public security, ecological environment, taxation, and market supervision in provinces, autonomous regions, municipalities directly under the Central Government, and Xinjiang Production and Construction Corps, finance departments (bureaus) in provinces, autonomous regions, and municipalities directly under the Central Government, and finance bureaus in Xinjiang Production and Construction Corps, finance supervision bureaus of the Ministry of Finance: In order to implement the spirit of the "Circular of the State Council on Printing and Distributing the Action Plan for Promoting Large-scale Equipment Renewal and Consumption of Old-for-New Products" (Guofa [2024] No. 7), and according to the requirements of the "Notice of the National Development and Reform Commission and the Ministry of Finance on Expanding the Scope of Implementation of Large-scale Equipment Renewal and Old-for-New Policies in 2025" (Fagai Huanzi [2025] No. 13), to do a good job of trading in old cars for new cars in 2025, the relevant matters are notified as follows: 1. Expand the support scope of car scrappage renewal Based on the "Notice of the Ministry of Commerce and other 7 departments on Further Improving the Work of Trading in Old Cars for New Cars" (Combus Consumable Letter [2024] No. 392), fuel passenger cars that meet the criteria of National IV emission standards are included in the range of old cars that can apply for scrappage renewal subsidies. In 2025, a one-time fixed subsidy will be given to individual consumers who scrap gasoline passenger cars registered before June 30, 2012 (inclusive), diesel and other fuel passenger cars registered before June 30, 2014, or new energy passenger cars registered before December 31, 2018, and purchase new energy passenger cars listed in the Catalogue of New Energy Automobile Models for Exemption of Vehicle Purchase Tax issued by the Ministry of Industry and Information Technology, or fuel passenger cars with a displacement of 2.0 liters or less. Those who scrap the old cars meeting the above criteria and purchase new energy passenger cars will receive a subsidy of 20,000 yuan; those who scrap the fuel passenger cars meeting the above criteria and purchase fuel passenger cars with a displacement of 2.0 liters or less will receive a subsidy of 15,000 yuan. Within a calendar year, each individual consumer can only enjoy a car scrappage renewal subsidy once. Individual consumers intending to apply for the car scrappage renewal subsidy should fill in their personal information, vehicle identification number and original photo or scan of the "Scrapped Vehicle Recycling Certificate" and "Vehicle Deregistration Certificate" of the scrapped car, as well as the vehicle identification number and original photo or scan of the "Vehicle Sales Unified Invoice" and "Vehicle Registration Certificate" of the new car through the National Automobile Circulation Information Management System website or the "Old-for-New Car" mini-program (hereinafter referred to as the "National Old-for-New Car Platform"), and submit the subsidy application to the subsidy acceptance place (i.e., the place where the "Vehicle Sales Unified Invoice" is issued). The above-mentioned "Scrapped Vehicle Recycling Certificate," "Vehicle Deregistration Certificate," "Vehicle Sales Unified Invoice," and "Vehicle Registration Certificate" (hereinafter referred to as the 4 types of certificates) should be obtained from January 1, 2025. The "Scrapped Vehicle Recycling Certificate" should be issued by a qualified scrapped vehicle recycling dismantling enterprise. The owner of the scrapped car and the new car must be the same consumer, and the scrapped eligible old car must be registered in the name of the applicant before January 8, 2025; during the subsidy application review period, the newly purchased car must be registered in the name of the applicant. Ensure smooth transition of car scrappage renewal policies across years. Individuals who have only partially obtained the 4 types of certificates between July 25, 2024 and December 31, 2024, and have obtained all 4 types of certificates by February 28, 2025, can be included in the scope of support of the 2025 car scrappage renewal policy and counted towards the number of subsidies enjoyed in 2025. The scrapped motor vehicle and the newly purchased car corresponding to the applicant should meet the relevant requirements of Combus Consumable Letter [2024] No. 392. 2. Optimize the subsidy audit, disbursement, and supervision process for car scrappage renewal After receiving the application materials for the car scrappage renewal subsidy, the local commerce authorities, together with the finance, public security, industry and information technology departments, will conduct audits according to their respective responsibilities, and provide feedback on the audit results through the National Old-for-New Car Platform. The tax authorities will cooperate in providing information verification services for scrapped vehicle recycling and deregistration, new car registration, and new energy vehicle models. Provincial commerce authorities, together with relevant departments, will coordinate and determine the level and department for the review of subsidy applications in their jurisdiction. The local commerce authorities will promptly collect information on eligible subsidy applicants, determine the subsidy amount after review, and apply for funds from the finance department. The local finance departments will allocate subsidy funds to applicants according to the proposals of the commerce authorities. When submitting funding applications to the same-level finance department, the commerce authorities must also send a copy of the funding arrangement proposal to the same-level development and reform department. After the implementation period of the car scrappage renewal policy ends, provincial commerce authorities, development and reform departments, and finance departments should report on the disbursement of subsidy funds to the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance by February 10, 2026. The Ministry of Commerce will summarize and audit the disbursement of subsidy funds reported by various regions. Settlement between the central and local governments will be conducted based on the relevant requirements of Fagai Huanzi [2025] No. 13 and the audit opinions of the Ministry of Commerce. 3. Improve the subsidy standards for car replacement renewal In 2025, personal consumers who transfer the ownership of their registered passenger cars and purchase new ones will be given one-time subsidy support., for the purchase of new energy passenger vehicles, the highest subsidy does not exceed 15,000 yuan, and for the purchase of fuel passenger vehicles, the highest subsidy does not exceed 13,000 yuan. Individual consumers applying for car replacement and update subsidies must have the existing passenger car transferred under their name no later than January 8, 2025. Each individual consumer can only enjoy a car replacement and update subsidy once in a calendar year, and for the same new car, they can only choose to apply for either a car scrappage update subsidy or a replacement update subsidy. Local commercial departments should accelerate the formulation of implementation plans for car replacement and updates, reasonably determine subsidy standards and implementation methods, refine operational processes, assign responsibilities to all parties, and refer to relevant requirements for car scrappage updates to ensure a smooth transition across years.Various regions should establish and improve the automobile replacement and update information system, with commercial regulatory departments, public security traffic management departments, etc., strengthening information sharing and verification, and tax departments providing cooperation. The national automobile trade-in platform provides consumers with guidance on local automobile replacement and update policies, assists local governments in reviewing subsidy application information, and provides services such as second-hand car transfer registration and new car registration verification. Local automobile replacement and update information systems will be linked to the national automobile trade-in platform according to unified standards, and relevant data such as subsidy application distribution will be promptly transmitted through data interfaces. IV. Implementation of Financial Support Policies In accordance with the requirements of the State Development and Reform Commission's Document No. 202513, the National Development and Reform Commission, together with the Ministry of Finance, will allocate long-term special national bond funds to support local governments in improving their ability to trade in old for new consumer goods and promote the scrapping and replacement of passenger cars by individual consumers. Automobile trade-in subsidy funds will be shared between the central and local governments according to a 9:1 ratio in general, with specific distribution ratios determined by region. Eastern provinces will share the funds at a ratio of 8.5:1.5, central provinces at a ratio of 9:1, and western provinces at a ratio of 9.5:0.5. Provincial finance departments will allocate matching funds based on central fund distribution, and the sub-provincial distribution method will be determined by provincial finance departments. V. Strengthening Supervision and Management Local governments and relevant departments will supervise and manage the automobile trade-in subsidy work in accordance with the State Development and Reform Commission's Document No.202513 and other regulations, improve the efficiency of fund utilization, strengthen publicity and guidance, effectively benefit enterprises and the people, and ensure the safety of subsidy funds. Local finance bureaus should strengthen spot checks on the management and use of subsidy funds. Different ownership, registration locations, and scale operating entities should be supported equally in participating in the trade-in of old for new automobiles. Simplify the process of fund application, review, disbursement, and promptly fulfill subsidies to consumers. In case of discovering the use of improper means to obtain subsidy funds, production and sale of substandard automobile products, price violations, etc., local governments should handle them in accordance with the law and regulations, and any suspected criminal activities should be transferred to the judicial authorities for severe punishment. Continuously strengthen the supervision and management of scrap motor vehicle recycling, strictly crack down on illegal recycling and dismantling of scrapped motor vehicles, create a fair competition market environment. This notice shall take effect from the date of issuance, and in case of any inconsistency with previous regulations, this notice shall prevail. Ministry of Commerce Office National Development and Reform Commission Office Ministry of Industry and Information Technology Office Ministry of Public Security Office Ministry of Finance Office Ministry of Ecology and Environment Office State Taxation Administration Office State Administration for Market Regulation Office January 14, 2025 This article is adapted from the official website of the Ministry of Commerce, GMTEight Editor: Liu Jiayin.