Last weeks to benefit from tax incentives for the purchase of electric vehicles
Do you know that you can benefit from financial assistance for the purchase of an electric vehicle in Luxembourg until 31 December 2019?
Set up by the Luxembourg government to promote more eco-responsible mobility, this aid is paid for new electric vehicles. To benefit from it, the vehicle must be put into service for the first time between 1 January 2019 and 31 December 2019.
Paid as a bonus, this subsidy allows you to acquire a new electric vehicle at a lower cost. You can thus benefit from:
- 5,000 euros if you buy a 100% electric or hydrogen fuel car or van
- 2,500 euros if you buy a car or a hybrid type. Emissions from CO₂ must be less than or equal to 50 g/km
- up to 500 euros maximum representing 25% of the cost excluding VAT of the vehicle if you buy a 100% electric vehicle. It can be a quadricycle, motorcycle or moped of the scooter or pedelec45 type.
It should be noted that the beneficiary of the premium may be an individual or a company, provided that it concerns a vehicle registered in Luxembourg. The minimum holding period must be at least 7 months.
The aid also concerns the holders of a vehicle under a rental or leasing contract. The only condition is that the financial company that owns the vehicle waives this premium.