Here are the government plans on incentives for used cars too
The incentives for greener cars have not worked and Italians continue to prefer used ones. Here then is that the government is about to change its strategy
When it comes to incentives for car purchases, it is difficult to keep the compass: each government has its say, radically changing the discipline and chaos that characterizes the automotive market (scarce availability of new vehicles and long waiting lists for deliveries ) does the rest.
Precisely the delays mentioned above, combined with the inventories of an unused hoard relating to new vehicles indicative of the fact that all those who were interested in changing their car have already taken advantage of the measures and the audience is unlikely to expand further are pushing the executive to guide Meloni to hypothesize a return to incentives for used cars.
ITALIANS LIKE USED CARS (WITH OR WITHOUT INCENTIVES)
According to the latest Unrae – National Union of Foreign Motor Vehicle Representatives data , in March there were 472,528 transfers of ownership compared to 440,214 in the same period of 2022, an increase of 7.3%. In the first quarter, the second-hand market was up by 5.7% with 1,258,683 passages, against 1,191,092 in January-March 2022. More than the price lists of new ones (as mentioned, second-hand prices are high) it is the delays in deliveries and the lack of availability of many models that determine the choice of a used one. The trend, analysts predict, should remain unchanged throughout 2023.
The share of net transfers of vehicles over 10 years old decreased, to 49.3% in March (50.7% in the quarter). The share of 6 to 10 year old cars rose to 15.3% (in line with the cumulative), while that of 4 to 6 year old cars also increased (12.5% in the month and 12.2% in the 3 months). The share of cars from 2 to 4 years decreased (to 12.0% in the month and quarter), while that of cars from 1 to 2 years increased (4.4%) and that of fresher cars from 0 remained stable at 1 year (at 6.5%).
DIESEL END NEVER
Among the preferred engines on the used car market, diesel confirmed its leadership in March, with 47.8% of preferences (1 point less than in 2022), in line with the 1st quarter share, followed by petrol at 39 .1% (-0.6 pp, to 39.9% in the 3 months). Hybrids are in third place with 5.2% in the month and 4.7% in the cumulative, surpassing LPG (at 4.4% of the total in the month and in the quarter). Natural gas rises to 2.4%, while the net transfers of pure electric cars (BEVs) and plug-ins stand at 0.5% and 0.6%, respectively.
THE TREASURE TO SPEND
All this is combined with the money aimed at the purchase of new and ecological cars that have remained unused. According to the most recent data provided by the ministry, the fund still has 130 million. Which, looking at the measures closing in December, become 150 million for EV cars and 210.9 million for the 21-60 range which includes "plug-in" hybrids.
THE RULES FOR INCENTIVES FOR USED CARS
The only ones to be finished rather quickly are funds for the 21-135 category which includes the "simple" hybrid and some models with internal combustion engines. For this reason Massimo Bitonci , Northern League undersecretary of the Ministry of Enterprise and Made in Italy, announces the swerve «In the new Dpcm we would like to allow those who have a Euro 0, 1, 2 or 3, perhaps with a décalage, to scrap their vehicle with a incentive also for the purchase of a used car that is at least four times lower in terms of environmental impact, therefore Euro 5 or Euro 6».
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/piani-governo-incentivi-auto-usate/ on Mon, 12 Jun 2023 08:10:43 +0000.