Car Purchase Subsidy in Greece (2026): What You Need to Know

Buying a new car in Greece is a major financial decision, which is why government subsidy programs attract significant interest. In 2026, the landscape of car purchase incentives is evolving, creating both opportunities and confusion for consumers. Here’s a complete guide to what currently applies and what is expected to come.

 Are There Any Active Subsidies for New Cars?

At the moment, there is no universal subsidy program covering all types of new cars (such as petrol or diesel vehicles).

The only active initiative is:

 “Kinoumai Ilektrika” (Move Electrically)

This government program focuses exclusively on electric mobility and continues into 2026.

What it offers:

• Subsidy of up to €3,000 for the purchase of an electric car
• Additional €1,500 bonus for scrapping an old vehicle
• Extra incentives for:
  • young people (up to 29 years old)
  • large families
  • people with disabilities
• Subsidy for home charging equipment (around €400–€500)

 Important: This program applies only to electric vehicles (EVs) and not to conventional fuel-powered cars.

 New Subsidy Program up to €30,000 – What’s Coming

A new, ambitious subsidy scheme is currently under development and is expected to be introduced—at least on a pilot basis—during 2026.

 Key Features:

• Subsidy of up to €30,000 for replacing an old vehicle
• Combination of:
  • direct financial support
  • low-interest financing options
  • additional incentives (e.g., charging infrastructure)

 Potential Beneficiaries:

The program is expected to target:

• families with children
• residents of islands and remote areas
• elderly citizens and people with disabilities
• students with low income
• small businesses and freelancers

 Income Criteria:

• Estimated annual income threshold between €25,000 and €30,000

 The main goals of the program are:

• Renewing Greece’s aging car fleet
• Reducing emissions and promoting green mobility
• Supporting vulnerable social groups

 What You Should Keep in Mind

• The new subsidy program has not been fully launched yet and remains in the planning or pilot phase
• The highest subsidies (up to €30,000) will not apply to everyone, but to specific eligible groups
• The focus will likely remain on electric or low-emission vehicles

In 2026, car purchase subsidies in Greece revolve around two main pillars:

1. Current program:
   • “Kinoumai Ilektrika” with subsidies up to around €3,000
2. Upcoming program:
   • Potential support of up to €30,000
   • Focus on replacing old vehicles and supporting targeted groups

 If you’re planning to buy a new car, it may be worth waiting for further announcements, as the upcoming program could significantly reduce your total cost.