Government Incentives Lure Buyers to Purchase Older Models of Baocheng Ma
In recent weeks, news about affordable purchases of the Baocheng Ma has gained significant attention online, with various promotional offers and discounts being shared widely. Journalists spoke with some dealerships and discovered that certain Baocheng Ma models could be bought for a bare minimum price after incorporating government subsidies.
To illustrate this, Beijing officials explained that buying an old Baocheng Ma to facilitate the purchase of newer models like the Liangdong Ma or Shandong Ma would entitle buyers to receive 2,000 yuan in tax credits on top of their initial purchase. Moreover, some dealerships have been known to offer factory-added benefits such as $3,000 for replacement parts and an additional 950 yuan for compulsory insurance.
Taking a closer look at the Baocheng Ma Liang dong Ma and Shandong Ma car models being offered by various dealerships reveals that their base prices are both 3.69 yuan and 3.99 yuan, respectively, with their main differences revolving around quick-charging interfaces on newer Shandong Ma versions.
In a real-world scenario for an example of the Baocheng Ma's performance, after taking into account promotional rates, discounts, and exchange rates, purchasing the Liangdong Ma can cost as little as 11,950 yuan (bare vehicle rate).
As 2025's Automotive with旧 (Outdated) Vehicle Replacement Policy comes into effect, those eligible for a 2,000 yuan subsidy on car purchases need to comply with several criteria:
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Older cars registered by June 30th in the following years:
- Gasoline-powered vehicles: From 2012
- Gasoline and other fuel-powered vehicles: From 2014
- Hybrid, electric vehicle and gas-electric hybrid vehicles: From December 31st, 2018
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Buying Requirements for replacing the eligible car with an energy-saving car:
To get the 2,000 yuan in subsidies from Beijing authorities, you must purchase a new vehicle that is listed on the National Development & Reform Commission's (NDRC) Reduced Car Purchasing Tax Cataloge.
For more information about these policies and others, consult the website: AutoHouse
