Tax-Free Domestic Car Program Prioritizes Families with Three or More Children, Offers Financing Support

• A new program will allow families with three or more children to buy domestic vehicles without special consumption tax (SCT) and with VAT exemption.
• The program prioritizes families with three or more children and offers long-term payment, low installment, and flexible credit options.
• Owners who scrap vehicles older than 25 years can purchase new domestic cars tax-free.
• The “My First Car Domestic Automobile Family Support Program” will be submitted to Parliament before the end of 2025.
• Financing support will be provided to help low-income families own a car without straining their budgets.

Source: en.haberler.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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