What is the Conversion Bonus for Vehicles?
The conversion bonus for vehicles is a financial aid granted by the French government to encourage the replacement of old, polluting vehicles with more environmentally friendly ones.
Eligibility
To be eligible for the conversion bonus, you must:
- Be the owner of a vehicle registered in France for at least 1 year
- Scrap your old vehicle that is:
- More than 10 years old for diesel vehicles
- More than 13 years old for gasoline vehicles
- Purchase or lease a new or used vehicle that meets certain environmental standards
Amount of the Bonus
The amount of the conversion bonus depends on the type of vehicle you purchase or lease:
- Electric vehicles: €5,000
- Plug-in hybrid vehicles: €2,500
- Gasoline or diesel vehicles with low CO2 emissions (less than 128 g/km): €1,000
Additional Conditions
In addition to the eligibility criteria, there are other conditions that must be met to receive the conversion bonus:
- The purchase or lease contract must be signed after January 1, 2023
- The new vehicle must be registered in your name
- You must provide proof of scrapping your old vehicle
How to Apply
To apply for the conversion bonus, you can follow these steps:
- Find an approved scrapping center and have your old vehicle scrapped.
- Purchase or lease a new or used vehicle that meets the eligibility criteria.
- Visit the website of the French government (economie.gouv.fr) to create an account and submit your application.
- Upload the following documents:
- Proof of identity
- Proof of registration of your old vehicle
- Certificate of destruction of your old vehicle
- Purchase or lease contract for your new vehicle
Processing Time and Payment
Applications for the conversion bonus are processed within 4 to 6 weeks. If your application is approved, you will receive the bonus by bank transfer.
Important Information
- The conversion bonus is subject to availability and may be modified or terminated at any time by the government.
- The amount of the bonus may vary depending on the income of the applicant.
- There are other financial aids available for the purchase of electric vehicles, such as the ecological bonus and the mobility bonus.
For more information about the conversion bonus for vehicles, please visit the website of the French government: www.economie.gouv.fr/entreprises/prime-a-la-conversion-vehicules
Qu’est-ce que la prime à la conversion des véhicules ?
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economie.gouv.fr a new article on 2024-12-04 09:19 titled “Qu’est-ce que la prime à la conversion des véhicules ?”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
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