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Who qualifies for it ? I bet it will be for Spaniards only. What car can be bought in terms of cc, make, models etc ?
well making it for spanish only would be illegal, but yes i think it is only for fiscal residents.
Thanks Fuengi. Does Spain care’s about legal or otherwise ??? . How about people who have a Spanish registered car
sitting in their garage or an underground parking ? The pollution this car may create will not be reflected according
to the owners fiscal residency.Hi Shakeel I’m not sure.
http://www.planpive.net/requisitos-del-plan-pive.htmlaccording to this site there is no mention of residency, etc… so I’m probably wrong about that.
Looks likes its down to spanish registration, etc…Thanks.
your welcome 🙂
so if I move to the Canaries next month and I want to buy a new car, I am better off buying first an old lemon for 200 Euros then trade it in, right?
Some information about the incentive in the Automotive news.
MADRID (Bloomberg) — Spain’s government offered the fourth car incentives program in a year, extending a program to boost sales as the economy tries to emerge from a two-year recession.
The government approved the 70 million euro ($97 million) program, Deputy Prime Minister Soraya Saenz de Santamaria told reporters in Madrid on Friday.
The 1,000-euro subsidy, which must be matched by a discount from the dealership, is available for new cars priced at 25,000 euros or less.
Buyers must trade in a seven- to 10-year-old vehicle in exchange for a more fuel-efficient model. The previous three plans, all of which exhausted their funding, contributed to the purchase of 300,000 vehicles, Saenz de Santamaria said.
The latest incentives will last six months or until the money runs out.
Car sales in Spain surged 29 percent in September, the steepest gain among Europe’s five biggest automotive markets, because of the earlier state-backed discounts.
The delivery increase contributed to the region’s strongest monthly car sales growth in more than two years.
Auto manufacturers are counting on Spain, the only European country currently offering a so-called “cash-for-clunkers” program, to help boost anemic demand across the region, where registrations are at a two-decade low and set to decline in 2013 for the sixth straight year.
Spanish authorities are trying to support the car industry both to spur consumption and to sustain manufacturing in an economy ravaged by the collapse of a debt-fueled building boom.
Ford’s production
Wage cuts resulting from the 2012 overhaul of labor rules have encouraged automakers such as Ford Motor Co. to increase production in Spain, where vehicle output rose 19 percent from a year earlier last month.
Paris-based PSA/Peugeot-Citroen and Detroit-based General Motors Co. said on Oct. 1 that the U.S. company’s plant in Zaragoza, Spain, will build a new version of a jointly developed minivan starting in late 2016.
An increase in car manufacturing helped Spain’s economy emerge from a two-year recession in the third quarter.
Exports are leading the recovery as the deepest government austerity measures on record hold back domestic demand and companies struggle to lure customers amid an unemployment rate of 26 percent.
Read more: http://www.autonews.com/article/20131027/ANE/310259935/spain-offers-4th-car-incentives-program-to-boost-sales#ixzz2j1LqvA2r
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