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Sunday, April 19, 2009

Umweltprämie or Environmental Bonus in Germany

Do you know the meaning of this word "Umweltprämie" or Abwrackprämie. I guess I have to give my own understanding about this word. Umweltprämie came from two German words, Umwelt and prämie. The first one means environment and the second one means bonus or award. To make the meaning short for this world in English, it simply means "Environmental Bonus". Abwrack means to scrap, destroy or break. Abwrackprämie means then, scrap bonus.

I have been seeing news and reading German newspapers about Umweltprämie. With this bonus, the German government is giving away 2,500 Euros if you are buying a new car. But there are conditions on this. According to what I read and what my husband told me, the main conditions are; you have a car that is at least 9 years old and you have been driving it for at least one year. If you do so, then you are qualified for this so-called Environmental Bonus. The German government want to eliminate old cars that emit too much smokes which cause the destruction of the environment. This is only one good reason, I guess that I know. I believed this is a good action of the government especially if you own a very old car. But you have to remember that there are also disadvantages that I found in this promo.

I saw in many news over the television that a lot of German people want to avail of this bonus just to have a new car. There was even one in which his car has only around 10,000 km but since he want a new car, he also want to avail of this bonus. I guess sometimes this is also nonsense. Owning a new car also means having auto insurance. It is a mortal sin in Germany driving a car without insurance. You better have one. Time to have short break. I'll share more next time about Umweltprämie. see you later!

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