Subsidies Aid to buy cars in Madrid of up to 8,500 euros: requirements and how to apply

The Madrid City Council has presented the third call for the Cambia 360 aid, aimed at renewing private vehicles for more efficient ones

Subsidies Aid to buy cars in Madrid of up to 8,500 euros: requirements and how to apply

The Madrid City Council has presented the third call for the Cambia 360 aid, aimed at renewing private vehicles for more efficient ones. One of the great novelties of the campaign is that the subsidies, which can reach up to 8,500 euros, are intended for the acquisition of all types of cars: hybrids, plug-in hybrids, diesel, gasoline and gas.

The 2023 call to buy cars in Madrid with discounts has a budget of 10 million euros, distributed as follows: 3.5 million for ZERO vehicles, 6 million for ECO and 500,000 euros for C.

The amount of money that the applicant can receive depends on the type of vehicle that is purchased and if a vehicle that does not have a junk label is additionally delivered. Specific:

These incentives are increased by 10% for beneficiaries with disabilities with reduced mobility who purchase an adapted vehicle or one that is adapted for driving and for people who are part of a family unit that has a large family title. In the event that the beneficiary meets the two previous circumstances, the increase in aid is 20%.

The deadline for submitting applications will begin at 10:00 a.m. on March 24, 2023 and will end at 11:59 p.m. on May 8. All those beneficiaries who, fulfilling the requirements established in the call, have reserved or acquired the vehicle from March 9 may apply for the aid.

The granting of the applications will be resolved, once the term has expired, according to the chronological order of presentation of valid applications, according to the distribution of funds for each area and the possible distribution of surpluses or extensions of credits provided for in the call.

The dealers or points of sale attached to the Cambia 360 program are in charge of requesting the subsidy in the name and on behalf of the owner of the vehicle and verifying that there is credit available through the computer application found on the website cambia360.es .

According to the criteria of The Trust Project