They started on 1 August with the Relaunch decree and will remain in force (funds permitting) until 31 December of this year. And they were also refinanced and relaunched with the Decree of 14 August, which came into force on the day of August 15th. This is the story of the 2020 incentives for the scrapping of cars with at least ten years of service. The measures have undoubtedly given a shock to the Italian car market which, after the lockdown, was in a coma or almost. According to the latest data (source UNRAE) available, those of August, the recovery of the market is tangible even if the chasm that had been created in the first half of this year has not been filled. In the eighth month of 2020, the decline, compared to the same month of 2019, was 0.5% (89,222 new plates against 89,711): not bad and this comeback is almost entirely attributable to the economic stimuli desired by the Government. Of course, if you look at the balances of the first eight months, the numbers are decidedly less good: 516,309 new cars are missing (the decrease of 38.8% which improves the July figure as the red was 41.6% ). This is probably where the, let’s say, good news ends. September will mark a slowdown in the market because the structure of the funds that finance the scrapping incentives has put the mechanism in crisis and the liveliest (and most demanded) part of the incentivized market no longer has economic resources to facilitate the purchase of cars. by Italian motorists.
Which cars are entitled to the incentive. The Legislative Decree of 14 August divided the incentivized cars (bureaucratically called M1) into four bands according to the CO2 emissions declared in the homologation data. Anyone who buys a vehicle with incentives and delivers at the same time a car of the same category (M1) with ten or more years (Euro approval from 0 to 4) of which he has owned for at least 12 months or belongs to a cohabiting relative. On the other hand, those who do not scrap an old vehicle can request the same incentive which will be of a lower amount. The idea behind the law is to reward vehicles that have the lowest environmental impact by taking into account climate-altering gas emissions (CO2, in fact) according to the guidelines dictated by the European Union. It should also be remembered that the incentives decided during last summer are added to the Ecobonus that come from a fund created with the law of 30 December 2018 for which the discounts for electric or electrified cars are considerable. But let’s go specifically.
First-class car. Cars with CO2 emissions from 0 to 20 g / km belong to this category. In essence, these are pure electric vehicles, also called, with an English acronym, BEV (Battery Electric Vehicle). For these vehicles are available 2,000 euros (1,000 for those who do not scrap) of state origin, to which must be added another 2,000 to be added by those who sell. In addition, you can request another 6,000 euros of eco-bonus, so the discount on the list price can reach, in the presence of cars to be scrapped, up to 10,000 euros which become 6,000 without the delivery of the old car.
Second band This category includes cars with CO2 emissions between 21 and 60 g / km of CO2. This is where plug-in hybrids, also called PHEVs, are concentrated. Also in this case the state bonus amounts (again in case of scrapping) to 2,000 euros (plus another 2,000 euros paid by the seller). For those who do not scrap, on the other hand, there are only 1,000 euros in the state plus 1,000 for the seller. For cars in this range, the eco-bonus falls so the maximum incentive becomes € 6,500 (€ 3,500 without scrapping). For the first two bands there is also a spending limit. In fact, incentivized models are not only those that have emissions between 0 and 60 g / km of CO2, but must have a price, without VAT, of less than 50,000 euros.
Third band Cars with emissions between 61 and 90 g / km of CO2 fall into this category. Here we find petrol, diesel and gaseous fueled cars (methane and LPG). There are also mild hybrids, or electrified cars but are driven, in practice, by the conventional engine only. For these models (about thirty) the State makes available, if an old car is scrapped, 1,750 euros (plus 2,000 euros paid by the seller) which become 1,000 without the delivery of the decennial vehicle (in this case the total of the bonus of 2,000 euros). There are no other sums to add other than those decided by local authorities.
Fourth band the one with the largest number of models (over 110). These are conventional cars with CO2 emissions between 61 and 110 g / km with petrol, diesel and gaseous fuels. The maximum incentive of 1,500 state-owned euros plus the usual 2,000 of those who sell (750 if not scrapped with the contribution of those who sell which drops to 1,000 euros). There are no other additional bonuses. It should be emphasized that the incentivized models of these last two bands must have a list price, without VAT, of less than 40,000 euros.
How incentives are asked For those who buy the procedure quite simple. You go to the dealer with the old car, deliver it and pay the amount for the new one (all incentive discounts are calculated on the list price with VAT). Those who sell are obliged to contribute to the figures established in the Relaunch and August DLs. The availability of funds must be verified by those who sell electronically. At the time of writing, according to the Mise website (ecobonus.mise.gov.it) the funds for the fourth bracket are practically exhausted (500 euros remained). For the third, there are still just over 69 million euros available. For the second and first, the cash amount of 36,499,000 euros. In addition, there are more than 153 million euros under the eco-bonus and a residual of just over one and a half million euros coming from the Relaunch Decree. In practice, if the government does not intervene, the incentives for fourth-tier cars have ended, while there is still some hope of being able to obtain the bonus for cars that are part of the other incentive areas.
29 September 2020 (change September 29, 2020 | 10:05)
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