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Early Retirement Support for Old Diesel Vehicles: What You Need to Know!

  • Written Language: Korean
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  • Economy

Created: 2024-11-20

Created: 2024-11-20 11:11

Early Retirement Subsidy for Old Diesel Cars: Everything You Need to Know!The government's early retirement subsidy program for old diesel vehicles is designed to improve air quality. However, are you hesitant due to the complicated procedures and eligibility requirements? This article explains everything about the early retirement subsidy for old diesel cars in a simple and clear way.

Why should I retire my old diesel car early?

Old diesel cars are considered a major cause of air pollution, emitting large amounts of harmful substances such as fine dust and nitrogen oxides. By reducing the number of old diesel cars through early retirement, we can improve air quality and create a healthier environment.

Who is eligible for the subsidy?

  • Owners of Emission Grade 4 or 5 diesel vehicles
  • Excluding government vehicles
  • Vehicles registered domestically for a certain period of time or longer

How much subsidy can I receive?

  • Up to 100 million KRW in subsidies
  • Differentiated payments depending on vehicle type, engine displacement, and grade
  • Additional subsidy benefits (when purchasing a new car)

How do I apply?

Application for Early Retirement Support for Old Diesel Vehicles

Application for Early Retirement Support for Old Diesel Vehicles

1. Access the Automotive Emission Comprehensive Information System website.
2. Register and log in.
3. Select the Low Emission Reduction Application menu.
4. Enter and submit the required information.

What should I be careful about when applying?

  • Accurate information entry is essential.
  • Prepare the required documents.
  • Check the application period.

Frequently Asked Questions (FAQ)

  • How can I check my vehicle's emission grade?
    • You can check it on the Automotive Emission Comprehensive Information System website using your vehicle registration number or chassis number.
  • Where can I get a performance test?
    • You can get it at a designated repair shop or scrap yard.
  • When will the subsidy be paid?
    • It will be paid within approximately two months after application.
  • Under what circumstances can I receive an additional subsidy?
    • You can receive an additional subsidy when purchasing a new car, an eco-friendly vehicle, etc.

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