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Italian Ministry approves scrapping incentive

By Matt Brogan |

The Italian Ministry Council today approved an economic stimulus package today that includes an auto scrapping incentive of up to 3,000 euros.

The offer, similar to those already offered in Germany and France, is set to try and revive dormant car sales and will run until the end of the year.

According to Italian media reports, new car buyers will receive 1,500 euros if they scrap a car that is at least 10 years old and replace it with a new car that meets Euro 4 or Euro 5 emission standards.

Customers who exchange their old cars for ones that are powered by compressed natural gas, LPG (liquid petroleum gas) or hydrogen will receive 3,000 euros.

France and Germany already have started offering incentives to car buyers to replace their old cars with new, more fuel-efficient models.

In Germany, people who scrap cars that are at least nine years old and then buy new, low-CO2 vehicles receive certificates worth 2,500 euros.

In France, the government is giving a bonus of 1,000 euros to people who replace their 10-year-old cars will more fuel-efficient models.


 
  • http://skyline The Salesman

    Brilliant idea. Why not do the same in Australia? Better than helping people put gas on their old bombs!

  • Dan

    I think 10 year old cars are still ok. It would make more sense to set the age limit at 15 years old though. Keep in mind, it takes a lot of energy to manufacture a vehicle. Scrapping it too early for the sake of saving a little bit on emissions is counter-productive, as you are emitting more to manufacture a new car to replace the old one. Besides, scrapping cars after 10 years would depreciate the cars a lot quicker. Look at Japan for example. Cars are worth nothing at near that age, as they are too expensive to register.

  • Marcoz

    they have had this sort of thing going on in italy for years, but in a different way, cars that were old just got traded in on new cars because new cars were so cheap and cars were not all about fuel effienciency back then,but that was some 15 years ago. but it is a great idea australia should adopt it. But i agree with dan in 1 aspect, make it 10-15 years aleast, the old ones will still get recycled anyhow. See rudd good ideas to get car industry goin, u wank…

  • Captain Mainwaring

    If this becomes an incentive for people to keep their cars for 10 years rather than replace them at 3 or 5 years, it could have the reverse effect to what is intended.

  • Elitist

    I dont want this for Australia as I dont want more sales of Holdens and Fords.
    Let them die in peace.

  • Andrew M

    I agree captain,
    people that hold onto their cars for less than 10 years, may in effect hold them for a little longer which would slow the industry.

    This is all about becoming a disposable society in the efforts of saving a few grams of co2 output per km?????

    Im not a fan of it.
    cars are done when they are done.
    people who can afford to buy new cars all the time (or at all) wont hold them anywhere near 10 years anyway.

    whats a couple of grand gonna go towards for someone who cant afford a new car to start with.

    i think sometimes everyone gets wrapped up in the myth that everyone can afford or justify a new car.
    not everyone has a money tree in the backyard

  • Wheelnut

    I don’t think something like this will be introduced in Australia

    Because if the gummint decided to offer say $5k incentives to people inorder to get them to scrap their cars that were older than 10-15 years it would undoubtedly send the country broke.

    I mean you just have to see how many 10-15 year old Fords and Holdens their are on the roads that still going strong and most are in factory condition. There are literally hundreds of thousands of them.

    Whereas a number of Italian cars arens as reliable or long lasting.

    Not to mention the fact that if everyone got rid of their old cars what would their kids learn to drive on or buy as a first car?

  • Dan

    Perhaps they should put some fun factor into this proposal and introduce a compulsory participation in demolition derby by all cars 15 years and older. Those that come out alive can stay, those that don’t, well, new car’s on order lol!

  • Bavarian Missile (.)(.)

    Didnt this start in Japan first because of all their pollution?

    Australia in general doesnt suffer that much with exhaust emissions and the whole bloody carbon foot print thing is bulls-it anyway!

    Wont ever happen here,imagine having to do what the Californians have to do with their Hot Rods and collectible cars ,meeting stringent levels to keep their hobby’s alive!

    Half of Tassies cars would be crushed!