A total of 395 vehicles benefited from the €300,000 scrappage grant announced by the government in the 2014 Budget.
This means the scheme has been fully taken up.
Owners who applied were entitled to a payment of between €500 and €900 when buying a new car that qualified if they de-registered a vehicle in the same category.
The initiative aimed to encourage people to dispose of their old vehicles and invest in new cars with lower emissions, Transport Malta said.