Plan PIVE 6

Published in the BOE of Saturday 21st of June, Real Decreto/Law 7/2014 confirming the sixth edition of Programa PIVE, offering financial incentive to buy more eficient vehicles, thus decreasing the amount of older vehicles on Spanish roads.

A new edition of the Plan PIVE was deemed necessary as the previous one was out of funds on the 4th of June of this year and non-continuation of the Plan would have a negative effect on Spanish economy.

An extraordinary credit of 175.000.000 euros has been granted, to be financed by National Debt.

The Pograma PIVE 6 will be available as of today.

Please note: The information provided is based upon our understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. We recommend that if you are considering taking action, you should seek professional advice.