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The 2024-25 Budget has announced the extension of the first registration tax (FRT) concession arrangement for electric vehicles (EVs) till March 31, 2026. The FRT concession cap for private car (PC) owners eligible for the "One-for-One" Scheme will be adjusted to HK$172,500. This new arrangemnt is applicable to "One-for-One Replacement" Scheme applications or EV first registration applications submitted on or after April 1, 2024.
STEP 1 IS YOUR VEHICLE ELIGIBLE?
6 Years +
- Since registration in Hong Kong
10 Months +
- (304 days) Registered within the last 12 months prior to deregistration
18 Months +
< 3 Months
- Upon the date of scrap to registration of new Tesla
STEP 2 LET US HANDLE THE REST
1- Assist applying "One-for-One Replacement" Scheme
2- Configure your Tesla
3- Arrange scrapping of your qualified old vehicle
4- Pick up your qualified old vehicle at your doorsteps
- Sign de-registration form
- Receive scrapping & de-registration certificates
5- Take delivery of your new Tesla
Schedule a consultation and test drive
Please RSVP on the right or call 3974-0254 during our service hours (Mon - Sun, 10am - 7pm) to reserve your appointment
Learn more about the "One-for-One Replacement" Scheme or your Financing Options*
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If you intend to participate in the One-for-One Replacement Scheme, before arranging to scrap the old qualified vehicle, please read the details of the Scheme carefully to understand the eligibility criteria and procedures. Details of the Scheme have been uploaded to the website of the Transport Department.