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Buy a new car and trade in your old car. Tax saving tips. One-stop service

Tesla Electric Vehicle "One for One" Program

About Hong Kong Electric Vehicle "One-for-One" Scheme

If you want to buy an electric car, there is good news!

The government's "one-for-one" electric vehicle tax reduction will be extended to 2026, and the upper limit of the first registration tax reduction will be adjusted to $172,500. Don't know what to do? We at AutoBright can help you!

Process Overview

Find a used car

Car Sharing

Cancellation Procedure

Buying an Electric Car

Tax Concessions

Wondering if your car meets the requirements?

1. It must have been first registered in Hong Kong for at least 6 years before being demolished and deregistered;

2. Must have held a valid vehicle licence for at least 10 months (i.e. 304 days or more) within the 12 months prior to cancellation of registration, whether continuous or non-continuous

3. The owner must be the registered owner of the “old private car” for 18 consecutive months or more

Timeline

Car Sharing

At least 10 months (304 days) within the previous 12 months
Have a valid vehicle license

Go to the Transport Department to cancel your registration

Valid for 3 months

Must be within 3 months
1. Purchase a new electric car
2. Procedures for first registration of electric private car

Want to get a quick quote? Want to know if your vehicle is eligible? Please fill in the following information.

Submit Information

Submission successful!
We’ll be in touch with you shortly.

If I do not meet the above qualifications, can I still apply?

The so-called "buying a Quota" actually means buying a qualified car, which will help you enjoy the relevant tax exemption when buying a new car. Do you want to change the car, transfer the ownership, or get the paperwork? You can ask us to do it for you!

 

If you want to know more, please WhatsApp us now.

FAQ

How to purchase a one-for-one quota?
Place an order → Leave your information → Show up to sign the contract.
First, place an order of $1,000 to reserve a quota, provide the RN number & contact information of the Delivery Team.
After the signing time is confirmed, AutoBright will make an appointment with the old car owner and directly contact the Delivery Team to submit the one-for-one quota old car documents to protect the privacy of both parties. From the time of placing the order to the completion of the 2nd signing of the contract, there will be a responsible colleague to follow up and handle the process. The new and old car owners only need to go to the car factory store on time to sign the documents and handle the procedures.


Is there any limit on the number of times I can participate in the "One-for-One" program?
There is no restrictions. When purchasing an electric vehicle through the One-for-One Program, the number of new license plates will change from 0 to 1, but it will not affect the owner's application qualifications and number of times. As long as the old car is eligible, you can apply for the Electric Vehicle One-for-One Program multiple times.

 

 

Is the quota eligible?
Please rest assured that all quotas sold are certified by the Transportation Department to ensure eligibility.

 

 

If I haven't booked a car yet, can I book a quota first?
You can book the quota first and then order the car. AutoBright will ensure that the quota is eligible and valid. After ordering the car, you can reimburse the RN number & Delivery Team contact information.

 

 

Are there any risks in the second signature session?
Please rest assured that from the finalization of the order to the completion of the second contract signing, AutoBright will have responsible colleagues to follow up the entire process and ensure the successful signing of the second contract and smooth vehicle collection.

 

 

Are there any other hidden charges for the one-for-one quota?
The price includes a one-for-one quota, with no hidden charges. If the old owner wants to keep the license plate when signing the contract, he/she needs to pay the license plate fee, and the new owner needs to pay the relevant fees for the transfer of the tram.

 

 

Payment Methods
First, pay a deposit of $1,000 to AutoBright's company account, and then pay the balance when you sign for the first time at the car factory. Payment methods include FPS/Payme/bank transfer.

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