The President Signed the Law About Price Fall for the Import of Old Cars

The President Signed the Law About Price Fall for the Import of Old Cars

Expecting for second-hand cars price fall? Let’s analyse what you can really count on.

Regarding the latest edition of the Law about price fall for the import of old cars, any person can buy a used car for discount only once within the efficiency of the law, that is until 31 December 2018 inclusive; besides, only motor-cars produced after 1 January 2020 shall be available. The law does not apply to the vehicle produced before the determined date, or imported from a state declared as an aggressor or invader.

You can take advantage of the Law about price fall only if you are ready to personally go to Europe to buy a car.

This law also forbids within a year since the car’s registration to transfer its ownership right if it had been imported with subsidiary tax.

Whatever amendments and alternation should the law undergo, it gives advantage for those buying an old car for the first time and for his own needs. If engine cc does not exceed 1.0 l, cars excise duty shall be 10,7 times reduced; if engine cc is between 1 - 1.5 l, cars excise duty shall be 22 times reduced – this is the best option; if engine cc is between 1.5-2 l, cars excise duty shall be 6,2 times reduced.

The benefits are to be decided on your own.

Consultation