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The Renove 2020 Plan will boost the automotive sector by facilitating the acquisition of vehicles (17/06/2020)

The Government of Spain, has launched a new measure with which it is intended to encourage the purchase of vehicles, and thereby give a boost to the automobile sector, which has been seriously affected by the situation created by the pandemic.For this reason, the Cieza PSOE has sent a press release in which it applauds this new measure of economic momentum that has been agreed with unions and representatives of vehicle manufacturers.As of today, the aid for the acquisition of passenger cars or industrial vehicles can already be processed, which can reach 4,000 Euros, in the case of an electric car, and can even be increased by another 1,000 Euros depending on the dealer.

The situation of the acquirer has also been taken into account for the calculation of the financial aid, since if the latter earns less than 1,500 Euros per month or has reduced mobility, he is entitled to another 500 Euros more.It also differentiates between aid for SMEs and large companies.

To access the Renove 2020 Plan, it is necessary to deliver a vehicle of at least 10 years old and acquire a new or registered one from January 1, 2020, so it also allows the purchase of a second-hand vehicle if it has been registered this year , not being able to exceed, in any case, the value of the vehicle purchased the amount of 35,000 Euros.The Cieza PSOE recalls that this economic boost measure is in addition to those already taken during the pandemic period, such as moratorium on mortgages, rental aid, minimum vital income, reduction of modules for certain crops, ICO loans, deferral of taxes, etc.

In addition to those taken from the Municipal Government as a suspension of the ICIO, from the terrace rate to the hospitality, as well as the suspension of the activity license rate, a bonus of 2 water bills for commercial premises and hospitality, aid to self-employed workers of up to 500 Euros, extension of the term of payment of taxes, suspension of prices for municipal nursery schools, facilities in deferment of debts in executive and a long etc.

Source: PSOE Cieza

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