Motability last on the list as 0% BiK on EVs sends fleet interest sky-high

This topic contains 15 replies, has 5 voices, and was last updated by  Brydo 4 months ago.

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  • #82940 Reply

    Brydo

    We really have little chance of decent EVs on the scheme with an affordable AP. The actions of the Government have made this almost certain.

    Article

    Last week’s announcement by HM Treasury of a 0% Benefit-in-Kind rate for fully electric cars in 2020/21 has seen interest in such cars soaring, according to Fleet Evolution.

    Andrew Leech, managing director of Fleet Evolution
    Announced as a result of the Treasury’s review into the impact of the shift to using WLTP to test all new cars from September 2018, the changes bring the introduction of two sets of rates for the 2020/21, 2021/22 and 2022/23 tax years for vehicles from 1g/km CO2 upwards.

    In both cases, drivers of pure EVs – who were already due to see rates fall from 16% in 2019/20 to 2% in 2020/21 – will now benefit from 0% BiK in the next tax year, rising to 1% BiK in 2021/22 and 2% in 2022/23.

    In response, Midlands-based Fleet Evolution has said it’s seen a 400% increase in electric car enquiries following the announcement.

    Managing director Andy Leech said: “At Fleet Evolution we’ve always considered ourselves at the forefront of electric car take up, but the sudden increase in interest has surprised even us. In monetary terms the original proposed Benefit-in-Kind of 2% was a game-hanger anyway, from 2020 electric car costs under schemes such as ours had been slashed. The removal of this 2% charge doesn’t add to the already dramatic savings significantly but we think it’s about the message it sends to employees.”

    The firm added that the removal of the Benefit-in-Kind charge for 2020/21 adds to an increasing list of reasons for adopting EVs, from the ‘stick’ of Clean Air Zones to the ‘carrot’ of investment in charging infrastructure.

    Leech added: “Fleet Evolution believes the UK has now reached the point where electric cars will really take off.

    ‘We’re already supporting electric cars with free charge points and roadshows for our customers. With the Government now taking some very visible steps this sends a clear message to employees that it’s time to go green, and employers that they should do all they can to aid this.”

    He also urged manufacturers to get behind the UK electric car market, with demand already outstripping supply while diesel car sales plummet. As an example, the UK’s 2019 allocation of the new Kia e-Niro sold out within a month.

    It’s a comment that’s also been made by ACFO director Caroline Sandall in the association’s response to the new rates, with Sandall having said: “The number of zero emission cars currently available is miniscule and lead times are lengthy so the real value of the 0% rating will be extremely limited. Most major motor manufacturers have announced plans to introduce numerous plug-in models over the next 18 months and the Government needed to take account of model launches and availability in reforming company car Benefit-in-Kind tax.”

Viewing 15 replies - 1 through 15 (of 15 total)
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  • #82982 Reply

    BionicRusty (Wayne)
    Participant

    Am I misunderstanding something here Brydo?

    The article covers company car BIK so how does this translate to Motability? Does it read across somehow?

    Regarding the statements within the article though, I’d be interested to know others here feel if they agree with the upsurge of EV’s on the road. I know of many people getting into PCP or lease right now and I don’t know one who’s got a hybrid let alone a full EV. Granted I’m in a rural area in North Wales but for now I’ve absolutely no interest in one. This will change but for now, diesel every time for me. The infrastructure just isn’t in place for EV’s. Until it’s realised that current thinking/engineering of the infrastructure is not viable the better.

    Who has time to get out the lead and get it all set up every single trip/day. I know I don’t. And the disruption for homes with no off street parking.

    Only this morning I came across a pic on Twitter with the comment “I give you the future” The pic showed a car parked on the pavement with a lead running at knee height from the car to a gate (for some reason the pic will not upload)

     

    The solution is drastic but so is the change. Either

    1) Common, replacement batteries that you change in a fuel station. Or

    2) And this is the Jetsons solution, full contactless charging infrastructure in the roads and at home and we use PAYG. It can be done and we already have technology to support this. However we are using a sticking plaster solution on an open wound.

    Sorry for the long post. Guess where I’m sat?

    1)  Pub

    2) Hospital

    3) Spice Girls Gig

     

    ? I will be remembered for nothing but had great fun doing it?

    #82984 Reply

    solent60
    Participant

    You’re not alone Bionic. It’s a “no” from me too – at least for the foreseeable future.

    If I win the £98m jackpot in tonight’s Euro Lottery – I intend to pop down to my local Toyota dealer tomorrow morning & buy myself the stunning new Supra for a mere £52,000 !!!

    * sigh/swoon

    #82985 Reply

    BionicRusty (Wayne)
    Participant

    Haha.

    Oh you must the same numbers as me then ??

    ? and good luck to you ?

    ? I will be remembered for nothing but had great fun doing it?

    #82986 Reply

    Menorca Mike
    Participant

    The new Supra is stunning I saw a white one on motorway the other day looks amazing and automatic thank goodness

    BBC Breakfast expert, VW Golf driver.

    #82987 Reply

    solent60
    Participant

    The new Supra is stunning I saw a white one on motorway the other day looks amazing and automatic thank goodness

    Amen to that Mike! Don’t you just love Toyota’s mindset – “Only available in automatic sir” 🙂

    #82988 Reply

    Tomas (Tomas)

    The Supra didn’t get much of a good review on last weeks top gear.

    #82990 Reply

    Tomas (Tomas)

    I think where it translates to motability is that due to the BIK becoming 0 to company car drivers, the demand for electric cars from them is going to use up the stocks of these vehicles.

    As motability is mainly a dumping ground for manufacturers, it will get the diesel and petrol castoffs but not the electric vehicles. This is why the AP’s of electric vehicles on the scheme are so high.

    #82991 Reply

    Menorca Mike
    Participant

    Strange then that top gear online gave it 4 out of 5 and so do car magazine reviews ! Top gear on bbc total rubbish

    BBC Breakfast expert, VW Golf driver.

    #82994 Reply

    solent60
    Participant

    The Supra didn’t get much of a good review on last weeks top gear.

    Well that goes against the vast majority of reviews I’ve seen/read then Tomas. I guess you can’t please all of the people all of the time. To me – looking at the new Supra has the same effect as Viagra!

    #82998 Reply

    Brydo
    Participant

    Solent I would get down to the doctor pronto if I was you lol.

    The point I was trying to make is as Tomas suggests, there are few EVs available just now so more people wanting them is bad news for us.

    I don’t want to go over the old arguments about not being able to charge EVs at home and the problems of charging on the street as it is what it is and for now not much will change.

    The only person who got all his work done by Friday was Robinson Crusoe

    #82999 Reply

    solent60
    Participant

    I don’t need the doctor Brydo. I’m saving myself 30-quid on blue pills every fortnight by just looking at the Toyota website and clicking on ‘New Vehicles – Supra’ !!!!! 😀

    #83002 Reply

    Brydo
    Participant

    So when the wife asks “how was it for you” your reply is “Supraaaaaaa” lol

    The only person who got all his work done by Friday was Robinson Crusoe

    #83004 Reply

    BionicRusty (Wayne)
    Participant

    Tomas, Thank you. That makes sense ??

    ? I will be remembered for nothing but had great fun doing it?

    #83065 Reply

    callmejohn

    Beautiful looking car but I am not sure that the boot would be large enough for a wheelchair and I doubt if it would look quite as cool towing a trailer for my wheelchair and other things.

    #83066 Reply

    Brydo
    Participant

    But john you haven’t even mentioned solvents Viagra effect lol.

    The only person who got all his work done by Friday was Robinson Crusoe

Viewing 15 replies - 1 through 15 (of 15 total)
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