Grant question

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  • #361970
    Southamman
    Participant

      Ok so this bunch of clowns, aka the government, have added VAT and Luxury Vehicle taxes.

      Sp why can’t Motability apply for the EV Govetnment grant to reduce the purchase costs?

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    • #361984
      H.K_R
      Participant

        Because the EV grant focuses on the list price of the car, and therefore has very minimal impact to the consumer other than the price they’d usually pay at the dealer. The EV grant won’t always have a major impact on Advance Payments because there are other parameters to the figures such as the discount for bulk orders from manufacturers, resale value, servicing costs etc etc.

        Also, very few cars qualify for the full £3,750 EV grant, and that’s only applicable for cars under £37,000 OTR which takes that list down even further. The £1,500 grant doesn’t even touch the surface compared to those aforementioned parameters to the AP cost. Some cars, like the Hyundai Kona Electric had an immediate price decrease when it qualified for the grant, but that wasn’t major.

        #362014
        Southamman
        Participant

          Yes, you can use the Electric Car Grant (ECG) for bulk purchases. The grant offers a discount of up to £3,750 on eligible vehicles and is available to businesses and fleet buyers, as well as private individuals, provided the cars are ordered through approved dealerships. [1, 2]
          The grant operates with specific criteria: [1]
          Price Cap: The grant only applies to new electric cars with a retail price of £37,000 or less. [1, 2]
          Discount Bands: The exact amount you save per vehicle depends on the sustainability of the car’s manufacturing process. Band 1 cars receive a £3,750 discount, while Band 2 cars receive a £1,500 discount. [1, 2, 3, 4]
          Application: You do not apply for the bulk grant directly. The seller will automatically include the applicable discount in the purchase price via the Electric Car Grant portal. [1, 2]

          Check the current list of qualifying zero-emission vehicles on the GOV.UK Zero Emission Vehicles guidance to see which models are eligible for your fleet. [1, 2]

          If you tell me:
          What make/model you are looking to bulk buy
          How many cars you need

          I can help you estimate your total potential savings or check specific eligibility for that vehicle.

          #362016
          Southamman
          Participant
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