Home » News » New 2024 car incentives will arrive by the end of May: here is the value of the contributions and how they work

New 2024 car incentives will arrive by the end of May: here is the value of the contributions and how they work

Will May be the right month to see the new car incentives appear, much more convenient than the ones in force? It seems so. They should debut by the end of the month. The conditional is a must because motorists, who have been itching to change their cars for months, were already expecting news for the beginning of the month. The Minister of Business and Made in Italy, Adolfo Ursohad launched the new package first in December and then on February 1st, but it seems that the Prime Ministerial Decree left Palazzo Chigi only last week to reach the offices of the Court of Auditors which have a maximum of one month to validate the new system and the allocation of resources, over 950 million euros between all.

The response should arrive from the company by the week of May 27th Court of Auditors and then Invitalia should update the system, which hopefully will already be ready given the months spent waiting. While waiting for the new bonuses, as has happened in recent months, the old, less convenient ones launched by the Draghi government remain in force.

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The new incentives launched by the government for the purchase of cars will be operational “in a few weeks”, confirmed Minister Urso speaking at the opening of the Motor Valley Fest. “The incentive plan is awaiting validation by the Court of Auditors. It is a necessary process and I think it will be fully active in a few weeks,” said Urso. Here’s what the new half-tuned package from Urso provides. A measure awaited for months by car manufacturers, to begin the same Stellar given the market problems with respect to cars with plugs, and the general decline in sales. The auto market fell by 3.7% in March.

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The division of resources

The 950 million for 2024 are divided in this way. For purchasing or leasing cars with plugthose that emit up to 20 grams of CO2 per km, 240 million goes. A quarter of the total. With 402 million, more than 40%, the purchase of models with internal combustion engine or full hybrid is financed (61-135 grams CO2/km). To plug-in hybridsthose that have a battery to recharge and a CO2/km emission ranging from 21 to 60 grams, 140 million goes. il 15%. A quota of 20 million is reserved for taxis who will have double contributions if they buy an eco car. Then there are 20 million for used carsand a fund for motorcycles, scooters, tricycles and quadricycles: 32.5 million for electric two-wheelers and 5 for combustion engine ones. 53 million for commercial vehicles, 50 million for long-term rental, and 10 million for the installation of LPG and methane systems on cars.

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The incentives

Incentives of up to 13,750 euros to buy a new electric car if you scrap an old car, from Euro 0 to Euro 2, and you have a family income of less than 30 thousand euros. It is the maximum foreseen by the new mechanism. Roof coming down to 11 thousand euros if the ISEE is higher than 30 thousand euros. The highest contributions go to electric cars. Those who do not have vehicles to scrap can count on a contribution of 6 thousand euros. With Isee under i 30 thousand the incentive rises to 7,500 euros. Anyone who scraps a Euro 3 can count on 10 thousand euros discount, which can reach 12,500 based on income. Same mechanisms for plug-in hybrids, while for thermals the contribution is only available if it is scrapped and there are no extras based on income. They range from a minimum of 1,500 euros to a maximum of 3 thousand euros. For all these incentives there is a maximum price threshold for the model that can be purchased, excluding VAT, set at 35 thousand euros in the emission bands 0-20 grams CO2/km and 61-135 and at 45 thousand euros in the intermediate 21-60 range.

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Used, social leasing and two wheels

For those who want to buy a used car they must look for a Euro 6 with emissions of up to 160g/km of CO2 and a price of up to 25 thousand euros. The incentive is 2 thousand euros for scrapping a vehicle from Euro 0 to Euro 4. Per motoscooters, tricycles and electric quadricycles is expected a contribution of 30% up to 3 thousand euros That it rises to 40%, up to 4 thousand euros, with scrapping of a vehicle from Euro 0 to Euro 3. For non-electric models, up to Euro 5 is foreseen instead a 40% discount up to 2,500 euros but only on condition that the seller makes an additional reduction of at least 5% and that a vehicle from Euro 0 to Euro 3 is scrapped. The long-term rental of low-emission vehicles at controlled prices for families with medium-low incomes will be defined in a subsequent decree.

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– 2024-05-02 14:28:41

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