Under the vehicle scrapping policy of the government, vehicles are scrapped on the basis of fitness. Under this policy, 10 years old diesel cars and 15 years old petrol cars are abolished. At the same time, if you buy a new vehicle after this period, then you can get a discount of 5% on the new vehicle. For this, you just have to show the old car scrap certificate while buying a new car.
In this way, if you buy a car of up to Rs 5 lakh, then you will get a discount of up to Rs 25000. Apart from this, if the registration fee is waived, you will get a discount of about Rs 50000. By combining both the discounts, you can get a total discount of Rs 75000.
Source: TV9
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