EV Subsidies Are Changing Again, I Hear

Since you said you can't tell because local governments vary so much, here's my take: if you go to each local government's website and check when [the budget] ran out last year, you'll get a rough idea. In Gyeonggi Province, some ran out as early as June, while in Gangwon, some still had funds left until the end of the year.

The disparity between local governments has always been severe lol. Last year, my friend got 900 in the provinces, but since I'm in Seoul, I couldn't even get 300. It's just luck where you live.

Well, isn't that old news? The reform plan hasn't even been finalized, and doesn't it still have to pass the National Assembly?

Source?

Agreed

I signed the contract in December last year and took delivery early this year. Even then, subsidy reform news came out, and the dealer said, "You need to sign now." But in reality, there were cases where the terms actually got better after the final announcement came out in March. Don't rush—it's better to wait for the announcement and then act. For local governments, once the budget is really exhausted, it can close in an instant, so check that separately.

I disagree. Delaying your car purchase just for a few hundred in subsidies is a loss in itself. Calculate the fuel/repair costs you rack up while waiting and the answer's obvious lol

What's odd about this proposed overhaul is that it switches from performance-based to price-based criteria, giving cheaper models an advantage. The real question, though, is whether domestic automakers will cut their prices because of it.

Same here. I've been looking into it since last year, but the news keeps changing and nothing ever gets finalized, so I just got tired of it and decided not to buy. I'll keep driving my gas car and probably take another look next year.

You asking if you should buy this year? That depends on how urgent it is for you. If you need a car, buy one; if not, just wait it out.