The car scrappage scheme as announced in the 2015 Budget has been fully taken up with €400,000 in grants having been issued for the purchase of 506 new cars as old ones were scrapped.
Vehicle owners who applied for the latest scheme were entitled to between €700 and €900 upon the purchase of a new private car, the CO2 emissions of which could not exceed 130g/km and length did not exceed 4460mm.
........read more
Reported by Times of Malta on Tuesday 24th February at 09:36
Insure with Confidence:
Your Trusted Insurance Hub
It is a non profit-making organisation that represents the views and common interests of all insurance companies in Malta.
More about usMore related news
Insurance sector looks ahead to a more complex risk landscape…
Insurance sector looks ahead to a more complex risk landscape… As extreme weather becomes more common, the...more
Read More
Best to prepare for the worst
Many opt not to insure their properties or businesses, a decision that is usually far more expensive than th...more
Read More
Salina blast leaves €1.4m insured damage, but many homes had no cover
Government compensation could discourage people from obtaining insurance, association says The dramatic S...more
Read More
Social Icons