Government handouts to withdraw old cars, and to buy an electric one

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Government handouts to withdraw old cars, and...
 © CyprusMail 2020
Two proposals, one for the withdrawal of old cars with the purchase of a new one, and another incentive to buy an electric car were approved by the cabinet on Friday.

The plan is two-fold, Transport Minister Vassiliki Anastasiadou said.

“The grant for the withdrawal of cars older than 15 years is €2,000 per vehicle,” she explained. In order to qualify, applicants need to buy a new car.

The second involves the purchase of a new electric car for less than €40,000, for which each buyer will get €5,000 from the government.

The electric car...


This article was automatically added to our system 15-11-2019

Government handouts to withdraw old cars, and to buy an electric one


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Article Tags: government, handouts, withdraw, electric,