Chongqing Optimizes Its Automobile Consumption Subsidy Policy: Car Replacement Policy Is Cancelled; Buying New Car Is Entitled to A Maximum Subsidy of 3,000 Yuan

On March 20, the Chongqing Municipal Commission of Commerce issued the Supplementary Notice on Optimizing the Implementation of Passenger Car Replacement Subsidy Policies, which has optimized and adjusted the current new energy passenger car replacement subsidy policy. From March 20th, old car replacement will no longer be implemented, and consumers will be directly subsidized for purchasing new passenger cars (including new energy vehicles and gasoline vehicles). The total amount of municipal financial subsidies, subsidy standards and methods, reporting channels and procedures will remain unchanged. From 00:00 on March 20, 2023 to 24:00 on June 30, 2023, consumers who buy new passenger vehicles (including new energy vehicles and gasoline vehicles) from automobile sales companies within the jurisdiction of Chongqing, and fulfill their tax payment or declaration obligations and complete the registration procedures in accordance with the law, a municipal financial subsidy of 1,000 yuan will be given to each car whose Manufacturer List Price is less than 100,000 yuan, and a municipal financial subsidy of 3,000 yuan will be given to each car whose Manufacturer List Price is 100,000 yuan or above.