Greetings,
Re: Looming changes to CCD penalty/rebate rates
This morning, Transport Minister Wood announced changes to the CCD.
Trade media (Autofile and Autotalk) have released articles detailing changes already – we suggest you have a read….
VIA will be holding a webinar (see below) on the changes and for you to ask any questions you may have regarding these, so please register.
A brief summary for used imports from or perspective:
- The neutral “bar” for rebates/penalties has moved, so more cars will fall into the penalty range (including some hybrids)
- PHEVs and EVs will still get a rebate
- The change comes into effect July 1st at registration, so you may want to consider registering some of your stock under the current CCD rates
If you wish to discuss this with us, please call on 094117425 or email customerservices@autohub.co.nz
Thanks,
Team Autohub.
Minister Wood has announced changes to the CCD that take effect on 1 July this year!
Adjustments to the scheme include:
- Narrowing focus to more fuel-efficient vehicles earlier than planned.
- Reductions in rebates and increases in fees paid by higher emitting vehicles.
- Rebates for zero emission used import vehicles will increase from $3,450 to $3,507.
- Adjustment in eligible vehicles to promote EV uptake.
- Special rebate for new and used low emission disability vehicles introduced.
The Crown is to increase the Clean Car Discount’s repayable “Crown grant” to NZTA by $100 million in Budget 2023.
Change of threshold for rebates for new and used imports to vehicles emitting less than 100 grams of CO2 per kilometre compared to 146 grams under the original scheme. This will include battery electric vehicles, and plug-in hybrids.
The threshold for vehicles subject to charges will reduce from 192 grams of CO2 per kilometre to 150 grams, and charges will increase. New and used imports that meet or exceed the threshold will attract charges.
VIA’s next Webinar on Tuesday 9 May at 1.30 we will be discussing these changes.
Click here to register for this webinar.
More information about changes to the Clean Car Discount is available on the Ministry of Transport website