If you are thinking of scrapping your old car and buying a low-emission vehicle , it may be the ideal time. In fact, not only are you finding ever more environmentally friendly cars on the market, but the Australian government has also increased incentives for scrapping and purchasing more sustainable cars. The situation linked to Coronavirus has unfortunately brought the automotive market to its knees: to relaunch it, the Government has increased the resources to finance the Scrapping Bonus and an amendment to the Relaunch Decree could introduce interesting new possibilities.
The ecobonus
Already in 2019 the Australian government had developed the Scrapping Bonus which was also confirmed in 2020, with the related budget law.
The main objective of this operation is to make the fleet of Australian citizens much more eco-friendly, trying to eliminate the most polluting cars.
The eco-bonus is a sum of money that is obtained when you decide to scrape a polluting vehicle and buy a greener car. Its amount varies according to the emissions of the new vehicle and to the presence or absence of scrapping. In detail:
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· purchase of a vehicle with emissions between 0 and 20 g / km : bonus between 4000 € and 6000 €, based on the simultaneous scrapping or not;
· purchase of a vehicle with emissions between 21 and 70 g / km : bonus between 1500 € and 2500 €, always based on the simultaneous scrapping or not.
· The new vehicle must have a list price of € 61,000 or less and must be purchased by December 31, 2021 .
What documents are needed?
The procedure for obtaining the Scrapping Bonus is simple and is managed by the Dealer where the new vehicle is purchased or by the company that will deal with the scrapping of the old vehicle. In any case you will have to present the registration certificate of the vehicle and the ownership certificate stating that you are the legitimate owners of the vehicle .
You will then be issued with the Scrapping Certificate and the vehicle will be canceled from the Public Automobile Register. It will then be the dealer where you will buy the new vehicle to request bonuses to be subtracted from the sum of the car, upon presentation of the Scrapping Certificate.
The mobility bonus
In addition to the Ecobonus, the Climate Decree also introduced the so-called "Mobility Bonus" reserved for those residing in the most polluted cities and metropolitan areas of Australian that are subject to the pollution infringement procedure envisaged. In this case, it is possible to scrap vehicles belonging to at least the Euro 3 class and Euro 2 or Euro 3 two-stroke motorcycles. The sum of the bonus is 1500 Euro for cars and 500 € for motorcycles. However, the sum can only be used to purchase alternative mobility vehicles such as bicycles or electric scooters, or subscriptions for public transport, within 3 years of the request.
New resources with the Relaunch Decree
The Relaunch Decree launched in 2020 introduced a small change in support for the automotive sector. The Ecobonus has in fact been refinanced with new resources, adding 100 million more than the previous 9 million.
Another 4000 Euro incentive?
A few days ago, precisely on June 4, 2020, the political parties of the Democratic Party, Australian Viva and Leu presented an amendment to the Relaunch Decree. The proposal concerns incentives for the purchase of a new low-emission vehicle. In particular, the group's parliamentarians offer a € 4,000 bonus in the event of scrapping a vehicle of at least 10 years of age and the purchase of a new Euro 6 class car with CO2 emissions greater than 61 g / km.
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State and dealership would contribute in equal parts to the incentive with the sum of € 2000 per part. If the amendment is approved, the bonus will be valid from 1st July to 31st December 2020 .
The chances of the change being successful are high, as opposition to the government has also tabled a similar amendment. It is therefore probable that new incentives may be created, but we will have to wait a few more weeks to know their specific features, requirements, timescales and access methods
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