by winston » Thu Jan 09, 2025 8:47 am
China has renewed a trade-in subsidy of up to 20,000 yuan (S$3,724) to help underpin sales of fuel-efficient vehicles, including electric cars and hybrids.
Buyers who trade in an old car for a new electric vehicle (EV) or plug-in hybrid, will receive a 20,000 yuan subsidy.
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"