Core Viewpoint - The 2026 "old-for-new" vehicle policy introduces new subsidy measures aimed at promoting the purchase of new energy vehicles and low-emission fuel vehicles, with specific subsidy amounts tied to the vehicle price, maintaining the maximum subsidy limits from 2025. Group 1: Subsidy Details - Consumers scrapping a vehicle registered in their name can receive a subsidy of 12% of the vehicle price, capped at 20,000 yuan for new energy vehicles, and 10% of the vehicle price, capped at 15,000 yuan for fuel vehicles with an engine size not exceeding 2.0 liters [1] - For vehicle trade-ins, consumers can receive a subsidy of 8% of the vehicle price, capped at 15,000 yuan for new energy vehicles, and 6% of the vehicle price, capped at 13,000 yuan for fuel vehicles with an engine size not exceeding 2.0 liters [1] - The subsidy amounts for 2026 remain consistent with those of 2025, but the method of calculation has shifted from fixed amounts to a percentage of the vehicle price [1][4] Group 2: Policy Changes and Impact - The eligibility for scrapping old vehicles has been extended by one year, allowing more consumers to qualify for subsidies [4] - The 2026 policy is expected to benefit over 1,200 million vehicles, potentially driving new car consumption by nearly 1.5 million units [7] - The shift to a percentage-based subsidy is designed to better allocate fiscal resources and encourage the purchase of higher-value, environmentally friendly vehicles [7][8] Group 3: Market Dynamics - The previous fixed subsidy structure led to increased sales of lower-priced models, while the new policy may shift consumer preferences towards mid to high-end vehicles [5][8] - The change in subsidy structure is anticipated to alleviate the pressure of consumption downgrade in the automotive market, particularly benefiting vehicles priced around 150,000 yuan and above [8]
2026年汽车以旧换新补贴出炉：与车价挂钩 中高端车最受益
Xin Jing Bao·2025-12-31 06:31