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Eligibility for one to one replacement

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  1. #1

    Join Date
    Jul 2010
    Posts
    378

    Eligibility for one to one replacement

    Does 7 years old electric vehicle (old car) qualify for one to one replacement?


  2. #2

    Join Date
    Dec 2009
    Posts
    6,240
    Quote Originally Posted by PKS_2000:
    Does 7 years old electric vehicle (old car) qualify for one to one replacement?
    Yes.

    the "One-for-One Replacement" Scheme is effective from 28 February 2018 to 31 March 2024, allowing PC owners who arrange to scrap and de-register their own eligible old PC1 ("Old PC") (PC with an internal combustion engine or e-PC)
    https://www.td.gov.hk/en/public_serv...018/index.html
    PKS_2000 likes this.

  3. #3

    Join Date
    Jul 2010
    Posts
    378

    (a) i. "except for eligible private car (PC) owners (see (a)(ii) below), FRT for e-PCs will be waived up to $97,500 from 1 April 2018 to 31 March 2024 (remains the same)."

    That means if the car is valued upto HKD 200,000 FRT is waived. Is there any realistic EV under HKD200,000?


  4. #4

    Join Date
    Dec 2009
    Posts
    6,240
    Quote Originally Posted by PKS_2000:
    (a) i. "except for eligible private car (PC) owners (see (a)(ii) below), FRT for e-PCs will be waived up to $97,500 from 1 April 2018 to 31 March 2024 (remains the same)."

    That means if the car is valued upto HKD 200,000 FRT is waived. Is there any realistic EV under HKD200,000?
    Not that is new in HK.
    PKS_2000 likes this.