Trade-in law comes into force in Armenia
05.01.2022,
15:23
Armenian Economy Minister Vahan Kerobyan told a government meeting on Wednesday that the vehicle trade-in law came into force in the country on January 1, 2022.
YEREVAN, Jan. 5. /ARKA/. Armenian Economy Minister Vahan Kerobyan told a government meeting on Wednesday that the vehicle trade-in law came into force in the country on January 1, 2022.
He explained that the law allows vehicle owners to sell their cars to car dealers and buy a new one at some discount.
He said last year the procedure had been revised to make it more effective from a taxation point of view.
"The law has already come into force with all the regulatory provisions. Now, however, there is a small shortage of new cars, but I think over time, car dealers will offer people good new services, so that they easily renew their vehicles," he said.-0-
