Do you might have an outdated automobile that’s not operating, and the price of reviving it doesn’t make sense in comparison with the low worth of the factor? As a substitute of letting it rot away and take up area, how about scrapping that hunk of steel?
On this night’s tabling of Finances 2026 by Datuk Seri Anwar Ibrahim, the PM and finance minister introduced that the federal government will, along with nationwide carmakers, supply an identical grant (geran padanan) of as much as RM4,000 on your outdated automobile.
An identical grant is precisely what it appears like. If Proton or Perodua gives RM4,000 on your outdated automobile in a ‘money for clunkers’ programme, the Madani administration will match it with a grant of RM4,000, which means that you just’ll get RM8,000 on your outdated automobile, which can be utilized for the acquisition of a brand new nationwide automobile.
Likewise, RM3,000 from the carmaker might be matched by RM3,000 from the gov’t, for a complete of RM6,000. The OEMs can supply extra, however the gov’t’s carrot maxes out at RM4,000. The one T&C introduced is that the automobile to be scrapped should be over 20 years outdated.
Except for giving a gross sales enhance to the carmakers in Rawang and Tanjong Malim, the gov’t principle is that vehicles over 20 years outdated should not very secure. In case you don’t consider this, try our eyewitness account of an NCAP-style crashing of a 1993 Proton Wira. To learn up extra on the correct solution to scrap a automobile – which is way simpler now because of e-Dereg – click on right here.
Trying to promote your automobile? Promote it with Carro.
