The latest policy on rural car subsidies in 2022: When will it start? How much subsidy is there for each car?

In recent years, due to the impact of the COVID-19 epidemic, my country's economy has continued to be sluggish. In order to stimulate consumption and industrial development, a policy of bringing cars to the countryside will be introduced in the near future. So what is the latest policy on rural car subsidies in 2022? When exactly does it start? How much is the subsidy for each car?

1. The latest policy on car subsidies for rural areas in 2022

In early April 2022, the General Office of the State Council issued an opinion on further releasing consumption potential and promoting the sustained recovery of consumption, which included opinions on automobile consumption and the promotion of new energy vehicles to rural areas, and encouraged the promotion of brand consumption and quality products in rural areas. According to the special consultation meeting on promoting the sustainable and healthy development of the digital economy held in Beijing on May 17, the policy of bringing cars to the countryside is expected to be introduced in early June. The following are the relevant policies for the 2022 car subsidies to rural areas:

1.2022 Rural Car Subsidy Models: Encouraged models are cars with a price of less than 150,000 yuan (including fuel vehicles and new energy vehicles);

2.2022 Subsidy standard for rural cars: The subsidy range for each car may be between 3,000 yuan and 5,000 yuan.

Regarding the subsidy policy for cars going to rural areas, industry experts predict that the subsidy policy for cars going to rural areas will promote the sales of fuel vehicles by 200,000 to 300,000 units and the sales of new energy vehicles by 300,000 to 500,000 units.

2. When will the 2022 rural car subsidies begin?

Subsidies for rural car sales are expected to start from June 2022. Because according to the latest news on subsidies for cars going to the countryside, the policy on subsidies for cars going to the countryside is expected to be introduced in early June, and usually the policy will be implemented after it is introduced. Rural residents who want to buy a car are advised to do so in the second half of the year, and they can receive a subsidy. Anyway, there is not much difference whether you buy early or late, so why not wait until the policy is introduced before buying, and you can also enjoy the policy dividends.

3. How much subsidy will be given to each car going to the countryside in 2022?

In 2022, the subsidy for each car going to the countryside will range from 3,000 to 5,000 yuan. After looking at the subsidy standards, some people think that this is not very attractive. But you have to think about it, the impact of the epidemic in the past two years has led to a relatively sluggish economy in our country. The Ministry of Finance is also willing to use part of the funds to subsidize the promotion of cars to rural areas, which is not easy. Due to the overall environment in the past two years, it has become increasingly difficult to make money. Why not enjoy the preferential policies? The application process for the rural car subsidy is as follows:

1. The first step: Consumers with agricultural household registration bring their ID cards and household registration books to the designated sales outlets for car sales in rural areas to purchase; (each household is limited to one car and two motorcycles)

2. The second step: Apply for subsidy funds at the township finance office where your household registration is located. The following materials are required when applying:

The original resident ID card of the purchaser; the original household registration book of the purchaser (if the household number is empty, please go to the household registration office to add it); the original bank passbook of the purchaser; the original motor vehicle driving license; the original motor vehicle registration certificate; the original motor vehicle sales invoice; and the rural sign affixed to the designated location.

3. The third step: The township finance department shall review and submit to the county finance department.

4. Step 4: If the farmer’s application materials meet the subsidy requirements, the county finance department will transfer the subsidy funds to the purchaser’s livestock savings account within 15 working days after the purchaser submits the application.

In general, the latest policy on rural car subsidies in 2022 is expected to be released in early June. Once it is released, it means that it will be officially implemented, and rural residents who want to buy cars can start to enjoy the policy dividends.