One-for-One Replacement Scheme - BMW HK Official Online Store

You are logged in as a BMW Sales Consultant.

“One-for-One Replacement” Scheme is extended for two years. From 1 April 2024 to 31 March 2026, the first registration tax (FRT) concession cap is adjusted to $58,500* for electric private cars. The FRT concession cap for PC owners eligible for the "One-for-One Replacement" Scheme is adjusted to $172,500*. Electric Private Cars valued at over $500,000 before tax will not be entitled to the FRT concessions.

*For more details, please refer to the "One-for-One Replacement" Scheme on First Registration Tax Concessions for Electric Vehicles announcement from HKSAR government. Click here to learn more.

Is Your Vehicle Eligible?

6 Years +

First registered in Hong Kong for at least 6 years when its registration is cancelled owing to scrapping.

18 Months +

Have been the registered owner for 18 months or more.

10 Months +

Have been licensed for at least 10 months (i.e. 304 days or more), within the 12 months immediately before its de-registration.

< 3 Months

The period between the de-registration date of the old vehicle and the submission date of the first registration application for your new BMW must not exceed 3 months.

Chat with us

"One-for-One Replacement Scheme" for Electric Car

Is Your Vehicle Eligible?

BMW Empowers You to Seize the Golden Opportunity for Electric Cars