The conversion bonus: what is it?
Definition reminder:
The conversion bonus (scrapping bonus) helps you buy a car new or used. This will be even higher as the vehicle is clean: plug-in hybrid or electric.
The new premium follows the exceptional system put in place on June 1. This scale was intended to restart the automotive market on the rise, after the vertiginous fall that it experienced from March to May.
Which was a success , since the auto market has picked up very strongly, especially for used cars! Indeed, according to the CapCar barometer, the figures are clear, sales are well distributed and the level has returned to normal, with a slight upward trend!
If you are part of the hospital staff, don't forget that a special bonus was put in place following the health pandemic!
New conversion bonus for August 2020
The aid for the month of June was very advantageous, since the 'you could benefit from tax reductions of up to 5,000 € with an income per unit (RFR) of up to 18,000 € per year. But this system was limited to 200,000 requests, but these having been exhausted very quickly, the recovery plan was extended with the same amounts (5,000 € for an electric car, 2,500 € for a plug-in hybrid car).
Do you want to buy an electric car? Or do you prefer a plug-in hybrid? We explain how the new August 2020 conversion bonus scale works to better support you!
Look at our qualifying used car ads!
All ads are verified and benefit from the conversion bonus
What changes in August 2020: the conversion bonus
As of August 3, 2020, a new scale is put in place since car sales have increased. accelerated in June and July. The premium amount remains the same, but eligibility changes. Clearly, the amount of your tax income per unit goes from € 18,000 to € 13,489 to be able to benefit from it. For an income greater than € 13,489, you will only be able to benefit from a maximum premium of € 2,500 for the purchase of an electric car or a plug-in hybrid car with an electric range greater than 50 kilometers.
The total amount of € 5,000 is only granted to you in two cases: - if your tax income per unit is less than € 6,300 - if your RFR is less than € 13,489 and you enter the category of “ heavy riders ”
Someone who is a heavy rider is someone whose home-commute is more than 30 kilometers or who completes more than 12,000 kilometers per year for trips to your work or in the as part of your professional activity with your private vehicle!
Are you eligible for the new conversion bonus of August 2020?
Car purchased (type of energy) Amount of premium received Beneficiaries electric car € 5,000 RFR & lt; € 6,000 and heavy rollers € 2,500 RFR & gt; 6.000 € rechargeable hybrid car
(range + 50 km in all electric)
5.000 € RFR & lt; € 6,000 and heavy rollers € 2,500 RFR & gt; € 6,000 Crit’Air car € 13,000 RFR & lt; € 6,000 and heavy rollers € 1,500 6,000 & lt; RFR & lt; € 13,489 Crit’Air car € 23,000 RFR & lt; € 6,000 and heavy rollers € 1,500 6,000 & lt; RFR & lt; 13,489 €
Explanations and details of the table!
If your tax income per unit (RFR) is greater than 13,489 €, then you will only be able to benefit from the premium for the purchase of a car electric or a plug-in hybrid whose fully electric autonomy is greater than 50 kilometers.
The retrofit is the action of switching from a heat engine to an electric motor while keeping the same car . Changing your engine at a specialized auto garage can earn you a tax deduction of € 1,000.
Are you going to buy an electric car? CapCar advises you to consult the used electric car buying guide that we have written especially for you!
Do not hesitate to consult the page of our CapCar announcements of cars that are eligible for the conversion bonus!
The CapCar tip Don't waste a single moment! Consult our announcements to find out if the car of your dreams is eligible for the conversion bonus. Have you found your future racing car? Hurry, from August 3 you only have 3 months to order your used vehicle and benefit from the tax bonus!
Look at our qualifying used car ads!
All ads are verified and benefit from the conversion bonus
