A GRANT system to help with the costs of buying low-emissions cars has been renewed, and all bar five regional governments in Spain have released details.
Known as the Plan Moves III – as it is the third time funds have been freed up for purchasing non-polluting vehicles – the scheme is managed by the individual regions.
At the moment, €400 million has been set aside and split between each autonomous government – those of Spain's 17 regions and two self-governing cities, Ceuta and Melilla – and, if demand spikes, could be increased to up to €800m.
The Plan Moves III will run until 2023, and cash is available for cars bought from April 9, 2021 onwards.
As yet, Catalunya, Melilla, Extremadura and La Rioja have not published details of the scheme – even though the deadline for doing so was in July – but the Plan Moves III funds are still available in all these regions.
In general, grants can be paid for buying either hybrid or 100% electric cars, and vary according to where the purchaser lives, whether or not they have reduced mobility, whether they are a company or an individual, and if the vehicle is to be used as a taxi or professional car-sharing transport means, such as drivers for Uber and Cabify, among others.
The exact amount depends upon these data, and on the make and model chosen, along with whether or not a petrol or diesel vehicle is being traded in against it for scrap.
Typically, the sums paid are up to a maximum of about €5,000.
Buyers should be aware they need to declare the full amount of their Plan Moves grants when filing their annual tax return, or Declaración de la Renta, since it counts as part of their yearly income in the same way as the earlier scrap-for-cash 'Plan PIVE' did.
The Business Association for Development and Promotion of Electrical Mobility (AEDIVE), in conjunction with the digital firm Switch, have created an online calculator where anyone seeking to buy a low-emissions or emissions-free vehicle can work out approximately how much funding they may receive, to help them budget.
