EV Government grant

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  • #309852
    belfast4
    Participant

      I see the government is offering a grant of nearly £4,000 for people buying new Electric Vehicles I wonder will this apply to motability customers as well.

    Viewing 25 replies - 1 through 25 (of 49 total)
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    • #309853
      Avatar photoFalcon1
      Participant

        discussed here:

         

        Will EV grant filter through to APs?

        2024 Skoda Enyaq estate- 85x Sportline plus in Race Blue. Extras: Supernova 21 inch wheels, Maxx Pack, Transport Pack, Heat Pump and Pano Sunroof.
        Ordered 31/10/23, Delivery 27/3/24

        #309855
        tintim
        Participant

          I doubt the EV grant applies to Motability customers because we’re leasing the cars not buying them I’m afraid.

          #309860
          Glos Guy
          Participant

            I doubt the EV grant applies to Motability customers because we’re leasing the cars not buying them I’m afraid.

            Agreed. These grants tend to just apply to retail customers. I don’t see the grants as having any positive impact on Motability APs. If anything, it could affect them adversely. Those in the trade are already saying that the grants may adversely affect EV residual values , which are already on their knees. As we know, the appalling residual values of EVs have been the major contributor to the across the board increases in Motability APs over the last few years.

            #310101
            Avatar photoTillyman
            Participant

              Interesting article by WhatCar

              What Car? has revealed that new electric vehicle (EV) buyers are delaying their purchase due to confusion over which models will qualify for the new electric vehicle (EV) grant.

              So if regular buyers are In – wait and see mode – will there be a collection of unsold vehicles that Motability can get a good deal on

              Interesting!!

              #310102
              kezo
              Participant

                Interesting article by WhatCar What Car? has revealed that new electric vehicle (EV) buyers are delaying their purchase due to confusion over which models will qualify for the new electric vehicle (EV) grant. So if regular buyers are In – wait and see mode – will there be a collection of unsold vehicles that Motability can get a good deal on Interesting!!

                It’s not difficult in fact it’s quit simple to understand EV’s priced at £37000 or below will qualify isn’t it 😂

                I think Whatcar is just playing a violin to get just more attention out there, but as private buyers have relatively shyed away, I don’t think it will be enought to persude them.

                #310104
                Avatar photoTillyman
                Participant

                  I suspect the hesitation is for cars just over 37k – will they knock a few hundred off to get under and encourage sales – if I wasn’t on this scheme and I was having to lash out that sort of money  – I might hesitate too.

                  Markets are fickle and not always based on logic – we will see

                  #310106
                  Avatar photoVaun
                  Participant

                    My understanding is that manufacturers have to certify the sustainability of the EV so the more sustainable build process and materials etc the higher the grant.

                     

                    This means that the government will give the grant to the manufacturer to reduce the sticker price, if this is the case then motability ops can calculate the AP on the basis that the car will be worth more at tge end of the lease as a proportion of the sales price, hopefully allowing the AP to come down

                    this link is from the government website , it is quite technical but the salient point for me is the first paragraph which states

                     

                    Guidance for car manufacturers on how to apply for their vehicles to be eligible for the Electric Car Grant.

                    The guidance explains:

                    how the scheme works
                    vehicle eligibility
                    the application process”

                     

                    so I take from this that the manufacturer provides evidence and receives the grant to pass on to the buyer, or provide a discount to the value of the grant

                    Cheers, all the very best

                    Vaun

                    #310107
                    Avatar photoVaun
                    Participant
                      #310108
                      Glos Guy
                      Participant

                        I think that those who think that this will result in better deals for Motability customers will be disappointed. Motability Operations will have already negotiated discounts on EVs that are many times the value of this grant for private buyers, so I can’t see it making any difference whatsoever.

                        #310110
                        Oscarmax
                        Participant

                          I think that those who think that this will result in better deals for Motability customers will be disappointed. Motability Operations will have already negotiated discounts on EVs that are many times the value of this grant for private buyers, so I can’t see it making any difference whatsoever.

                          My understanding some of the Chinese companies have now reduced their list prices to match the Government grants

                          Unfortunately I have suffered a brain injury and occasionally I get confused and often say the wrong thing.

                          #310112
                          Avatar photoTillyman
                          Participant

                            Thanks Vaun – that does make more sense of why there could be a wait and see approach

                            #310114
                            Glos Guy
                            Participant

                              I think that those who think that this will result in better deals for Motability customers will be disappointed. Motability Operations will have already negotiated discounts on EVs that are many times the value of this grant for private buyers, so I can’t see it making any difference whatsoever.

                              My understanding some of the Chinese companies have now reduced their list prices to match the Government grants

                              I’m sure that a lot of manufacturers will do the same but, again, I don’t think this means that APs will fall. I bet that Motability Operations are already getting discounts on EVs of at least 30% on EVs and possibly a lot more. Private buyers getting a 10% subsidy won’t make a blind bit of difference to anything AP wise, other than perhaps adversely if it means that residual values will fall even more!

                              #310116
                              kezo
                              Participant

                                To rule Chinese EV’s out on sustainability plans is wrong!

                                Without China REE mining and battery cells inc pollution that goes with it, europe wouldn’t be where they are now, especially in relation to EV’s. The same applies to solar and wind!

                                Also as above will most likely have a negative effect on residual values.

                                 

                                #310119
                                Glos Guy
                                Participant

                                  Sorry missed link out https://www.gov.uk/government/publications/how-to-apply-for-vehicle-eligibility-for-the-electric-car-grant/how-to-apply-for-vehicle-eligibility-for-the-electric-car-grant

                                  Blimey! I gave up reading it after a few minutes. It’s like reading an engineering manual! Only this government could come up with a scheme to try to encourage EV take up, but make it so ruddy complicated that it becomes offputting

                                  #310121
                                  Avatar photoVinnie
                                  Participant

                                    On the bvrla site it says fleet, salary sacrifice etc and Motability can get access to this grant.

                                    https://www.bvrla.co.uk/resource/government-introduces-electric-car-grant.html

                                     

                                    Bz4x fwd vision in silver

                                    #310122
                                    Rene
                                    Participant

                                      Makes sense.

                                      Sadly, none of the “interesting” cars on the scheme qualify for the grant (37k RRP maximum). Many of the mid-range vehicles on the scheme are considerably dearer than that, so i don’t think we’ll see a big impact on APs – this applies mostly to small battery EVs.

                                      Even volume models like the ID3 don’t qualify with their usable battery – there’s not going to be much uptake for a base model short range ID3 (and how much impact would it have on £800 AP anyway?).

                                      It’s all a bit naff. That grant is nonsensical, they should’ve taken that money and boosted the 2nd hand market instead.

                                      Prior: SEAT Ateca Xcellence Lux 1.5 TSI DSG MY19, VW Golf GTE PHEV DSG MY23
                                      Current: Hyundai Ioniq 6 Ultimate
                                      Next: we'll see what's available in 2028.

                                      #310123
                                      Glos Guy
                                      Participant

                                        On the bvrla site it says fleet, salary sacrifice etc and Motability can get access to this grant. https://www.bvrla.co.uk/resource/government-introduces-electric-car-grant.html

                                        Thanks. Good to know as I’d assumed it would only be retail customers. I wouldn’t mind betting that the most likely outcome is that manufacturers will reduce the massive discounts that they currently offer to fleet buyers, such as Motability, possibly by as much as the grant! It will be very interesting to see what happens. I’m sure that Motability will provide an update on what, if any, impact this will have on the scheme.

                                        #310125
                                        kezo
                                        Participant

                                           

                                          Any Take your fancy, you would rush out and buy?

                                          Do bare in mind many of the more family orientated, the grant will only cover base trim and/or entry level battery e.g Skoda Elroq eligible variants: SE 50 SE L /60; Edition 60!

                                          Dacia Spring £14,995

                                          Peugeot e-208 £30,150

                                          Leapmotor T03 £15,995

                                          BYD Dolphin £30,205

                                          BYD Dolphin Surf £18,650

                                          Volkswagen ID.3 £30,860

                                          Fiat Grande Panda £21,035

                                          Citroen e-Berlingo £31,240

                                          Citroen e-C3 £22,095

                                          Toyota Proace City Verso EV £31,995

                                          Renault 5 £22,995

                                          Peugeot e-Rifter £32,250

                                          Hyundai Inster £23,00

                                          Vauxhall Mokka Electric £32,430

                                          Citroen e-C3 Aircross £23,095

                                          Renault Megane E-Tech £32,495

                                          Vauxhall Frontera Electric £23,995

                                          MINI Countryman Electric £33,005

                                          GWM Ora 03 £24,995

                                          Kia EV3 £33,005

                                          Fiat 500e £25,035

                                          Volvo EX30 £33,060

                                          Vauxhall Corsa Electric £26,780

                                          Omoda E5 £33,065

                                          MINI Cooper Electric £26,905

                                          Alpine A290 £33,500

                                          Renault 4 £26,995

                                          Alfa Romeo Junior Elettrica £33,906

                                          MG4 £26,995

                                          Smart #3 £33,960

                                          Citroen e-C4 £27,650

                                          Vauxhall Astra Electric £34,130

                                          MGS5 EV £28,495

                                          Hyundai Kona Electric £34,500

                                          Citroen e-C4 X £28,715

                                          Peugeot e-2008 £35,400

                                          MINI Aceman £28,905

                                          Cupra Born £35,690

                                          Smart #1 £29,960

                                          Vauxhall Grandland Electric £36,455

                                          Abarth 500e £29,985

                                          MG4 XPower £36,495

                                          Ford Puma Gen-E £29,995

                                          Leapmotor C10 £36,500

                                          Jeep Avenger £29,999

                                          Abarth 600e £36,985

                                          Suzuki e-Vitara £29,999

                                          KGM Torres £36,995

                                          Fiat 600e £30,035

                                          Skywell BE11 £36,995

                                          Skoda Elroq  £31,510

                                          #310126
                                          Rene
                                          Participant

                                            None.

                                            Majority too small, rest pointless. I’ll let “them” coax me into an EV, but guaranteed not one with only 100 miles range in winter.

                                            As i said, will not filter through to APs because most of the cars simply aren’t interesting to buyers on the scheme. As much as i do like the Elroq (i do genuinely think it’s car of the year) – base trim is very basic, and there’s no chance i’ll get a 60.

                                            Weird direction they took with that grant.

                                            Prior: SEAT Ateca Xcellence Lux 1.5 TSI DSG MY19, VW Golf GTE PHEV DSG MY23
                                            Current: Hyundai Ioniq 6 Ultimate
                                            Next: we'll see what's available in 2028.

                                            #310127
                                            Glos Guy
                                            Participant

                                              If I’m reading this correctly, it may not only apply to base models and there is some leeway on the £37k. Under the ‘Definition of Price Cap’ section, it says;

                                              Where a vehicle model has multiple powertrain options (that is options that affect the capacity of the battery, drive train configuration, or maximum net power) eligibility will be determined by the RRP price for the lowest priced variant of each distinct powertrain.

                                              For example, if a vehicle model has a 50Kwh battery option priced at £35,000 to £40,000 and a 60Kwh battery option priced at £40,000 to £45,000, all of the 50Kwh battery variants would be eligible, none of the 60Kwh battery variants would be eligible.

                                              So would that mean that as long as the base model is under £37k, higher trim variants with the same powertrain would also be eligible, regardless of price?

                                              #310128
                                              Avatar photoTillyman
                                              Participant

                                                I think all these comments make the WhatCar point – would be customers are unclear about what is – what isn’t !!!!

                                                #310130
                                                kezo
                                                Participant

                                                  If I’m reading this correctly, it may not only apply to base models and there is some leeway on the £37k. Under the ‘Definition of Price Cap’ section, it says; Where a vehicle model has multiple powertrain options (that is options that affect the capacity of the battery, drive train configuration, or maximum net power) eligibility will be determined by the RRP price for the lowest priced variant of each distinct powertrain. For example, if a vehicle model has a 50Kwh battery option priced at £35,000 to £40,000 and a 60Kwh battery option priced at £40,000 to £45,000, all of the 50Kwh battery variants would be eligible, none of the 60Kwh battery variants would be eligible. So would that mean that as long as the base model is under £37k, higher trim variants with the same powertrain would also be eligible, regardless of price?

                                                  Yes!

                                                  The prices are the starting price RRP (can you add packs??) – some models like the MG will allow top spec inc long range – others will allow base to middle trim depending on the battery size.

                                                  Examples quoted on manufacturers battery sizes gross/net-

                                                   

                                                  Skoda Elroq:

                                                  50kW battery version: SE (£31510) SEL (£33,360) Edition (34,460) Sportline (37,410) VRS (N/A)

                                                  60kw battery version: SEL (£33,360) Edition (£34,460) Sportline (£37,410)

                                                  85kw battery version: N/A

                                                  VW ID3:

                                                  52kW battery: Pure Essential (£30,860) Pure Match (£32,220)

                                                  59kW battery: Pro Essential (£35,740) Pro Match (£36,660)

                                                  79kW battery: N/A

                                                  MG MG4 – All models:

                                                  49kW battery: SE (£26,995)

                                                  64kW battery: SE (£29,495) Trophy (£32,495)

                                                  77kW battery: Trophy (£36,495)

                                                  Kia EV3 (base spec only)-

                                                  58.3kW battery: Air (£32,940)

                                                  81kW battery: Air (£35,940)

                                                  Mini Countryman:

                                                  64.6 kW battery: Classic (£33,005) Sport (£36,705)

                                                  Vauxhall Grandland:

                                                  73kW battery: Design (£35,125) GS (£37,075.00)

                                                  98kW battery (N/A)

                                                  That’s it I’ve had enough 😂

                                                   

                                                   

                                                   

                                                  #310132
                                                  kezo
                                                  Participant

                                                    I think all these comments make the WhatCar point – would be customers are unclear about what is – what isn’t !!!!

                                                    As above – If you fancy an Elroq, all you have to do is to look on the manufacturers website and see what versions are available for under £37,500 or just pop into the dealer and ask. Personally I don’t see the problem, but I’m begining to think it’s down to my IQ

                                                    #310133
                                                    Rene
                                                    Participant

                                                      In fairness, Glos Guy does raise a point that complicates it a little bit.

                                                      Not that it matters much to me personally, because, as mentioned, battery size (or rather, range) is my biggest criteria on an EV – but it does certainly widen the selection a bit.

                                                      The one thing where i could see it make sense, as an example, would be the EV3. On the scheme currently, in top spec, we got the GT-Line S. The base model of the EV3 with the big battery is the Air at 36k – but the GT Line S has the same motor/battery, it’s just a different spec. The GT Line S is 44k, but should, if i didn’t misunderstand, still qualify for the grant. If i understand the part that Glos quoted correctly.

                                                      So there might be a few more decent options out there that qualify for the grant, with APs potentially coming down by, i’d wager a guess, £500ish? MB is not going to hand a customer the entire grant (how would that work for cars with less than £1000 AP for example?), that’s not quite how that’d work.

                                                      Ofc the AP for the GT Line S even then would be outlandish.

                                                      Prior: SEAT Ateca Xcellence Lux 1.5 TSI DSG MY19, VW Golf GTE PHEV DSG MY23
                                                      Current: Hyundai Ioniq 6 Ultimate
                                                      Next: we'll see what's available in 2028.

                                                      #310140
                                                      kezo
                                                      Participant

                                                        In fairness, Glos Guy does raise a point that complicates it a little bit.

                                                        I agree the government has made a right # off it. Also the amount of conformity paperwork that needs to be submitted as acceptable evidence makes me wonder if gov.uk info is geared towards manufacturers/dealers.

                                                        As @Glos-Guy  basically points out, the government system in particular on focuses powertrain specifications, rather than trim levels. Does this mean and I take it mean for the Elroq for example, you could select upto the Elroq 50 Sportline, which is £410 over the grant allowance at £37410. The 60 seems to be identical in price to the 50, making the Sportline equally available (I could have made a mistake) but none of  the 85 or VRS models, because they start above the (base) £37000 grant.

                                                        However, untill manufacturers know which vehicles can be included and publish a definative list, it’s going to be difficult to know for sure.

                                                        Today on:

                                                        Skoda’s site it still says “Watch this space for details of the Škoda models eligible for the grant.”

                                                        MG – Reveals it’s own grant of £1500 for private buyers on the MG4 & MGS5.

                                                         

                                                         

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