Kia Introduces Scrappage Program with Discounts on New Cars in India

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Kia has joined other carmakers like Maruti, Tata, and Hyundai in offering benefits for scrapping old cars and buying new ones. Kia offers a 1.5 percent discount or up to Rs 20,000 if you have a valid certificate of deposit from scrapping your old car.

This program allows customers to trade in or scrap their old car, no matter the make or model, in exchange for a brand-new Kia. One additional benefit is that there is no registration fee for the new car when you participate in the scrappage program. The government aims to cut emissions by 15-20 percent through this initiative.

Benefits of Scrapping Your Old Car
Through this program, Kia will offer a discount of 1.5 percent or Rs 20,000 (whichever is lower) on the ex-showroom price of a new car. To get the discount, you need to provide a valid certificate of deposit, which the government issues when a car is scrapped. The scrappage policy also waives the registration fee when you buy a new car.

Why Does the Indian Government Want to Scrap Old Cars?
The Indian government’s scrappage policy aims to scrap over 1 crore vehicles that fail the fitness test and do not have proper registration. They also expect a 15-20 percent reduction in emissions by scrapping old vehicles. A private vehicle becomes an end-of-life vehicle (ELV) when it fails a fitness test twice after 15 years of its first registration.

Kia’s Journey in India So Far
Kia entered India in 2019 and began production the same year. Since then, the brand has sold over 10 lakh cars. Kia currently offers six models in India, starting with the Seltos, followed by the Carnival MPV and Sonet sub-4m SUV. Other models in their portfolio include the Carens, the EV6, and the EV9. The company will soon launch a new SUV called the Syros.

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