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Around 3,500 cars already registered for stage II scrapping bonus

More than 3,500 cars had already been registered for the scrapyard contribution programme, according to Car Industry Association (ZAP) data released on Monday, April 6 - the day when the second round of the programme designed to see old cars replaced with new ones began.

More than 3,500 cars had already been registered for the scrapyard contribution programme, according to Car Industry Association (ZAP) data released on Monday, April 6 - the day when the second round of the programme designed to see old cars replaced with new ones began.

This could mean that the budget earmarked by the government for 22,100 vehicles will last for only a few days, the TASR newswire wrote. The first round lasted from March 9 to March 25 and €33.2 million was spent; the Government decided last week to up the amount of money by an additional €22.1 million.

The rules for the second round are different, however. “The state will contribute €1,000 if the seller [of the new vehicle] provides €1,000,” said Economy Minister Ľubomír Jahnátek. In the first round, the basic contribution from the state was €1,000, but if car dealers contributed another €500, the state subsidy was increased to €1,500. According to Jahnátek, the maximum value of a new car to which the measure applies will remain at €25,000.

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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