The word “scrappage” is used here only because it is the official policy terminology. Eligibility, rebate levels and applicable incentives depend on current government and state rules.
Where applicable, a Certificate of Deposit documents registered vehicle processing and may support benefits linked to a future vehicle purchase.
Some states may offer road-tax relief on a new vehicle against a valid CoD, subject to the rules in force at the time of purchase.
Some manufacturers or dealerships may provide separate incentives for customers using a valid CoD during a new-vehicle purchase.
Benefits, rebate percentages and eligibility criteria are set by government authorities, state transport departments and participating OEMs/dealers and may change. Genesis can provide the documentation generated through the applicable registered process, but does not control or guarantee any rebate or incentive.
Read the full Vehicle Policy Information Disclaimer for the applicable limitation language.
Start with your vehicle valuation and our team can explain the next step based on your location.