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2026 EV Purchase Subsidy & Total Cost Calculator – Out-the-door Price

Estimate your 2026 EV out-the-door price in seconds: combine the renewed purchase-tax exemption, trade-in subsidy, local incentives and dealer discount into one transparent figure. Runs locally in your browser; no data uploaded.

Overview

China extends a triple-stacked EV incentive package in 2026: up to ¥30,000 purchase-tax exemption, up to ¥20,000 national trade-in subsidy, plus regional top-ups. Enter your MSRP, vehicle type, region and trade-in scenario — this tool breaks down each incentive line and shows your real out-the-door price and total saving ratio, all computed locally in your browser.

How to use

  1. Enter the official MSRP and the dealer discount you negotiated in the first two fields.
  2. Pick "Vehicle Type" (BEV, PHEV/EREV, or ICE). Internal-combustion vehicles do not qualify for new-energy incentives.
  3. Choose your purchase region and trade-in scenario, then fill in the local subsidy amount and first-year insurance budget.
  4. The result panel updates live with a per-incentive breakdown plus your final out-the-door price and saving ratio.

Formula

Deal price = MSRP − Dealer discount
Purchase-tax exemption = min(deal_price ÷ 1.13 × 10%, ¥30,000)
Trade-in subsidy: BEV scrap ¥20,000 / replace ¥15,000; PHEV scrap ¥15,000 / replace ¥12,000; ICE: none
Local subsidy = clamp(user input, 0, min(50,000, regional cap))
Total subsidy = exemption + trade-in + local
Out-the-door = deal_price + insurance − total subsidy
Total saving = MSRP − out-the-door + insurance
Saving ratio = total saving ÷ MSRP × 100%

Common scenarios

Scenario 1 · ¥200K BEV + replacement + ¥5K local

MSRP ¥200K, dealer discount ¥10K, BEV replacement subsidy ¥15K, local subsidy ¥5K, insurance ¥6K. Purchase-tax exemption ≈ ¥16,814; total subsidy ≈ ¥36,814; out-the-door ≈ ¥169,200 — saving roughly ¥37K vs MSRP.

Scenario 2 · ¥300K BEV scrap, no local subsidy

MSRP ¥300K, dealer discount ¥20K, BEV scrap subsidy ¥20K, no local stacking, insurance ¥8K. Tax exemption ≈ ¥24,779 (under cap); total subsidy ≈ ¥44,779; out-the-door ≈ ¥243,200.

Scenario 3 · ¥500K luxury BEV (tax cap hit)

MSRP ¥500K, dealer discount ¥30K, BEV replacement ¥15K, local ¥5K. Raw tax ≈ ¥41,593 — capped at ¥30,000 per 2026 policy. Total subsidy ¥50,000; out-the-door ≈ ¥420,000.

FAQ

What exactly is China's 2026 EV purchase-tax exemption, and is there a cap?

China extends the new-energy-vehicle purchase-tax exemption into 2026 with a per-vehicle cap of ¥30,000. Calculation: taxable price = deal price ÷ 1.13 (excluding VAT); purchase tax = taxable price × 10%; the portion above ¥30,000 must be paid normally. The exemption covers BEVs, PHEVs and EREVs but not internal-combustion vehicles.

What are the trade-in subsidy amounts for scrap vs replacement, and do ICE vehicles qualify?

2026 national trade-in subsidies: BEVs receive ¥20,000 for scrapping an old vehicle or ¥15,000 for replacement; PHEVs/EREVs receive ¥15,000 (scrap) or ¥12,000 (replace). ICE vehicles do not qualify for the new-energy trade-in. Some regions run separate ICE-specific trade-in programs that fall under local subsidies.

How much do local subsidies vary across cities, and where can I look up my city's amount?

Local subsidies vary widely: Shanghai, Guangzhou and Beijing offer roughly ¥0–10K; Shenzhen ¥10–20K; some tier-2 cities ¥5K–8K. Check your local Commerce Bureau or DRC website, or consult aggregator sites such as Autohome and Dongchedi. This tool applies a per-region cap, so any over-input is clamped automatically.

Can the purchase-tax exemption, trade-in subsidy and local subsidy be stacked?

Yes, all three can stack. The purchase-tax exemption is granted automatically at registration; the national trade-in subsidy is claimed via the National Trade-in Platform with central-and-local cost sharing; local subsidies are typically applied for after vehicle plating. None of the three programs excludes the others, so eligible buyers benefit from the full stack.

How do PHEV/EREV subsidies differ from those for pure-electric (BEV) vehicles?

Purchase-tax treatment is identical (¥30K cap) for both BEV and PHEV/EREV. The trade-in subsidy differs: BEVs receive ¥20K (scrap) / ¥15K (replace); PHEVs/EREVs receive ¥15K / ¥12K — reflecting the policy preference for full electrification. Local subsidies vary by city; many municipalities treat both classes equally.

Does this calculator's out-the-door price include licensing fees and service charges?

The out-the-door figure here includes deal price plus first-year insurance, minus the three subsidies. It does not include licensing fees (~¥500), vehicle and vessel tax (waived for EVs), financing service fees, PDI/handling, or accessories — all of which vary by dealer. Always ask for a fully itemized quote before signing.

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