Car-scrapping bonus not for cars bought via leasing

The car-scrapping bonus which, since March 9, the Economy Ministry has been granting to anyone who has their old car scrapped and replaces it by buying a new one, will not apply to cars bought through leasing.

The car-scrapping bonus which, since March 9, the Economy Ministry has been granting to anyone who has their old car scrapped and replaces it by buying a new one, will not apply to cars bought through leasing.

“We think there should be a direct relation between the person who buys the car and has his old one scrapped, that there should be no intermediary,” said Vojtech Ferencz, the general director of the strategy section of the Economy Ministry, told the TASR newswire. “There's no obstacle now to people having their cars scrapped and buying new ones,” he added.

The basic car-scrapping bonus paid by the state is €1,000; if the seller reduces the sale price buy another €500, the state which will increase the bonus to €1,500. The car-scrapping bonus can therefore generate a discount for buyers of up to €2,000. The bonus applies only to cars with a normal sales price of up to €25,000. The car being scrapped must be have been produced before December 31, 1999 and registered in Slovakia by December 31, 2008 at the latest. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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