Scrap Vehicle Incentive and Opportunities to Purchase Cars Without Special Consumption Tax
Recently, in Turkey scrap vehicle incentive with Car purchase without SCT The regulations made for have created great movement in the automotive sector. These regulations offer important opportunities especially for vehicle owners aged 25 and over. So, what can be achieved with these incentives? Here are the details.
Purpose of Scrap Vehicle Incentive
The new bill aims to bring vehicles aged 25 and over into the economy. In this context, vehicles considered as scrap transformation With the process, citizens can purchase new vehicles Exemption from Special Consumption Tax It is aimed to provide. Thanks to this law, vehicle owners will have the opportunity to own a new vehicle by giving their old vehicles to scrap.
Increase in Scrap Vehicle Prices
With the introduction of these incentives, prices of vehicles older than model year 2000 have started to rise rapidly. A month ago 50 thousand TLScrap vehicles that are not sold to are currently 100-150 thousand TL It can find buyers among them. Especially rapidly increasing demand, causing prices to double.
Earn Up to 80 Percent with Special Consumption Tax Discount
If the offer is accepted, citizens with scrap vehicles, 300 thousand to 800 thousand TL They will be able to benefit from the Special Consumption Tax discount between . For example, 2 million TL The discount for a vehicle worth approximately 772 thousand TL This situation presents a great opportunity for vehicle buyers.
Noticeable Increase in Ad Platforms
Along with the proposed law, on advertising platforms There is also a significant increase in the number of vehicles under the 2000 model. Sellers have started to advertise with phrases such as "Suitable for scrap incentive" in order to sell their vehicles faster. This attracts the attention of buyers and creates movement in the market.
Opportunists and Market Dynamics
Cardata General Manager Hüsamettin Yalçın states that opportunists have also emerged during this process. Yalçın states that prices have increased rapidly in the last two weeks and that 200 model vehicles in the 2000 thousand TL range have gone up to 300-350 thousand TL. This situation shows how variable market dynamics are.
Vehicle Models Covered by Incentives
The new bill proposes a new law for scrapped vehicles aged 25 and over Exemption from Special Consumption Tax It encourages new vehicle purchases. Within the scope of this incentive, vehicles with a local content ratio of 40% and above will be taken into consideration. If the proposal becomes law, Togg T10X, Toyota CH-R, Hyundai Bayon, Hyundai i20, Hyundai i10, Ford Tourneo Custom, Ford E-Transit, Ford Transit, Fiat Fiorino, Fiat Egea Cross, Fiat Egea ve VW Transporter Tools such as will be evaluated in this context.
Scrap Incentive Practices in Turkey
Scrap incentive for the first time in Turkey 2003 It was put into practice in . Then 2010 A second application was implemented in . Finally, 2017, 2018 and 2019 According to the data of the Ministry of Environment, Urbanization and Climate Change, the incentive regulation implemented between 2012 and 2019 519 bin 867 the vehicle was recycled.
Who Will Benefit From the Incentive?
The scrap incentive proposal submitted to the Turkish Grand National Assembly offers significant opportunities to owners of vehicles older than model year 2000. If the proposal is accepted, citizens can scrap their old vehicles, Zero kilometers without paying SCT They can own a vehicle. This regulation concerns vehicle owners over the age of 25, More than 3 million people The incentive grants a one-time right only and aims to both reduce the number of old vehicles in traffic and increase the prevalence of environmentally friendly and safe vehicles.
