Gwangmyeong City to Support Early Retirement of 75 Old Diesel Vehicles with 175 Million Won Investment

First-Come, First-Served Applications for One Vehicle Per Person Starting on the 20th
This Year Is the Final Opportunity for Grade 5 Vehicles
Additional Subsidies for Purchasing Zero-Emission Vehicles After Scrapping
Extra Support for Low-Income Households and Small Business Owners

Gwangmyeong City in Gyeonggi Province will allocate 175 million won to the "Early Retirement Support Program for Old Diesel Vehicles."

Gwangmyeong City Hall view. Provided by Gwangmyeong City

The city announced on the 18th that, starting from the 20th until the budget is exhausted, it will accept first-come, first-served applications for the "Early Retirement Support Program for Old Diesel Vehicles," which provides subsidies for scrapping old diesel vehicles early. The program will support a total of 75 vehicles.

Eligible vehicles must have been owned for at least six months as of the application date and include: ▲ Grade 4 or 5 diesel vehicles (Grade 5 includes non-diesel fuels as well) that have passed the sensory inspection for emissions, and ▲ Type 3 on-road construction machinery manufactured under emission standards applied before August 31, 2009.

In particular, since this year is the final year to receive support for Grade 5 emission vehicles, owners of such vehicles are encouraged to actively take advantage of this program.

The subsidy amount will vary depending on the vehicle model and year, based on the first-quarter standard vehicle price determined by the Korea Insurance Development Institute for this year.

Additionally, owners of Grade 4 vehicles who purchase a new zero-emission vehicle—such as an electric, hydrogen, or hybrid car—after scrapping their old vehicle early are eligible for additional subsidies. Low-income households and small business owners can receive extra support of up to 1 million won.

Applications can be submitted online through the Vehicle Emission Grade System website, or by mailing the required documents and application form via registered mail to the Korea Automobile Environmental Association.

Detailed information can be found on the Gwangmyeong City Hall website's notice board, or by contacting the Korea Automobile Environmental Association for guidance.

Choi Hyemin, Acting Mayor (Vice Mayor) of Gwangmyeong City, stated, "We will continue to expand policies that directly impact citizens’ health, such as reducing vehicle emissions and supporting the transition to eco-friendly cars," adding, "We will strive to create a pleasant and sustainable urban environment where everyone can enjoy clean air."

This content was produced with the assistance of AI translation services.