Do you may have an previous automotive that’s not operating, and the price of reviving it doesn’t make sense in comparison with the low worth of the factor? As a substitute of letting it rot away and take up house, how about scrapping that hunk of metallic?
On this night’s tabling of Funds 2026 by Datuk Seri Anwar Ibrahim, the PM and finance minister introduced that the federal government will, along with nationwide carmakers, provide an identical grant (geran padanan) of as much as RM4,000 on your previous automotive.
An identical grant is precisely what it feels like. If Proton or Perodua presents RM4,000 on your previous automotive in a ‘money for clunkers’ programme, the Madani administration will match it with a grant of RM4,000, which means that you simply’ll get RM8,000 on your previous automotive, which can be utilized for the acquisition of a brand new nationwide automotive.
Likewise, RM3,000 from the carmaker will probably be matched by RM3,000 from the gov’t, for a complete of RM6,000. The OEMs can provide extra, however the gov’t’s carrot maxes out at RM4,000. The one T&C introduced is that the automotive to be scrapped have to be over 20 years previous.
Except for giving a gross sales increase to the carmakers in Rawang and Tanjong Malim, the gov’t concept is that vehicles over 20 years previous aren’t very secure. If you happen to don’t consider this, try our eyewitness account of an NCAP-style crashing of a 1993 Proton Wira. To learn up extra on the right strategy to scrap a automotive – which is far simpler now because of e-Dereg – click on right here.
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