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Finland's cash-for-clunkers programme set to continue next year

Owners of old vehicles will receive a 1,500 - 2,500-euro rebate to buy a lower-emission model.

Romuautoja
Image: Ismo Pekkarinen / AOP

Finland's government has decided to continue its popular cash-for-clunkers scheme, which gives owners of old cars a financial incentive to trade in their vehicle for a newer, lower-emission model.

The programme was piloted for six months in 2015 and turned out to be a success, with 8,000 older cars taken off the roads.

Under the rebate scheme starting next year, gasoline or diesel cars eligible for the programme must be originally registered before 2007, and must have been driven at least once in 2017.

The owner will receive 1,500 euros to purchase a fossil-fuel car that emits less than 110 grams of carbon dioxide per kilometre driven. However, if the car is partly or completely powered by a high-level ethanol blend, methane or electricity, the rebate will amount to 2,500 euros. 

According to Pekka Rissa from the Finnish Central Organisation for Motor Trades and Repairs, there are hundreds of thousands of vehicles in Finland that are 17-20 years old. On average, 70,000 cars are scrapped each year.    

Rissa expects the campaign to increase car sales by 5,000. The government is more optimistic, estimating that the scrappage scheme will lead to 7,400 new sales of lower-emission vehicles.

The programme will run from 1 January to 31 August 2018.

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