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Spain: Motorcycle Scrapage Deal Approved

8
July
2009
  Posted at 08:30:00 AM
  File under  News
  Author: Mike Werner
  Location: Normandy, France

Motorcycle-scrap-China
© REUTERS/Stringer
Italy already had such a scrapage deal {link}, now it's the turn of Spain. The Spanish government approved a package, called MotoE, that will provide between €75 and €250 for the purchase of new motorcycles. Manufacturers and regional governments are expected to contribute as well, make savings of up to €750 for the bigger motorcycles.

The cost of a new, less than 250cc motorcycle, must be below €9,500. The financing scheme will run until June 2010.

Motorcycles with less than 250cc, and 5 years or older, can get between €175 and €525. Motorcycles, bigger than 250cc, can get between €250 and €750 reduction, as long as their bike is older than 7 years.

Kawasaki have announced a total support package of up to €2,300 including the MotoE subsidies (that's for the scraping of a 7 years old bike, and purchasing a new ZX-6R - Click here for details Open link in a new window).

Good... more new motorcycles. Ride Smiley

Via: Daily Motos



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