Plug in car Grant program - any buyers?
Discussion
Has anyone here bought a plug in / EV (etc) car using the government's plug in car grant?
I was unaware of this - but noticed that certain vehicles get up to 35% off list price (up to 4K for cars and 8K for vans).
Whilst I am not (or at least...was not) particularly keen on most of the vehicles which are deemed 'eligible' - they do look to be some meaty rebates on offer?
Does anyone know more about this scheme - I have read what I can on gov.uk - but unable to determine if the price relates to demonstrator vehicles too.
I was unaware of this - but noticed that certain vehicles get up to 35% off list price (up to 4K for cars and 8K for vans).
Whilst I am not (or at least...was not) particularly keen on most of the vehicles which are deemed 'eligible' - they do look to be some meaty rebates on offer?
Does anyone know more about this scheme - I have read what I can on gov.uk - but unable to determine if the price relates to demonstrator vehicles too.
To help you along the way, the money isn't a rebate, it's normally already been accounted for in the manufacturers OTR price.
The dealer/manufacturer claims the money on your behalf, you never see it, touch it or really have anything to do with it.
It's normally for new cars (it will have already been claimed for a demo car when it was registered by the dealer)
Hope that helps
The dealer/manufacturer claims the money on your behalf, you never see it, touch it or really have anything to do with it.
It's normally for new cars (it will have already been claimed for a demo car when it was registered by the dealer)
Hope that helps
Yes that does - thank you very much for that explanation.
I guess part of where I am going with this is to better understand;
a) If someone overseas wanted to buy one of these cars from a UK dealer - will the 'grant' (let's call it price reduction) still apply?
My guess is that the answer is yes...as long as the car is on the eligibility list, then the discount is applied at the time of sale - regardless of whether the buyer is in the UK or not.
Kind of curious - because then the UK government is essentially subsidizing a car that may be driven on roads elsewhere.
b) is the program likely to extend beyond October - it seems that this is anyone's guess.....?
I guess part of where I am going with this is to better understand;
a) If someone overseas wanted to buy one of these cars from a UK dealer - will the 'grant' (let's call it price reduction) still apply?
My guess is that the answer is yes...as long as the car is on the eligibility list, then the discount is applied at the time of sale - regardless of whether the buyer is in the UK or not.
Kind of curious - because then the UK government is essentially subsidizing a car that may be driven on roads elsewhere.
b) is the program likely to extend beyond October - it seems that this is anyone's guess.....?
As long as the car is registered in the U.K. then the grant applies. We've had a few people wanting to buy them for export and not pay the VAT and still get the grant, not going to be happen. The grant is not paid until after the car is registered and is paid to the dealer themselves.
I expect the grant to continue for the foreseeable future.
I expect the grant to continue for the foreseeable future.
Ok.....so car needs to be registered in uk in order for the grant to be paid to the dealer. But correct me if I'm wrong....
A. If you register the car then export it...you get the unused portion of registration back and.....
And more importantly.....
B. Registration for such cars is now basically nothing. I just had a look at the DVLA website....and cars registered after april 1st....which are alternative fuel....are as low as.....0 pounds?
A. If you register the car then export it...you get the unused portion of registration back and.....
And more importantly.....
B. Registration for such cars is now basically nothing. I just had a look at the DVLA website....and cars registered after april 1st....which are alternative fuel....are as low as.....0 pounds?
Yes you're correct, but the biggest reason people normally want to export is so they don't pay the VAT, which you have to pay if the car is registered so negating the VAT avoidance.
Lots of other European countries offer incentives to buy electric cars, so you (in most cases) might as well buy a car in the country you want to use it in.
Lots of other European countries offer incentives to buy electric cars, so you (in most cases) might as well buy a car in the country you want to use it in.
I'm in australia...at present.....where we have little or no such incentives. And...currently....some onerous import regulations. And....as many people will know....some prohibitively expensive cars.
Hence the opportunity to buy such cars at what may be reduced prices is worth my while giving some consideration to.
Hence the opportunity to buy such cars at what may be reduced prices is worth my while giving some consideration to.
foibles said:
I'm in australia...at present.....where we have little or no such incentives. And...currently....some onerous import regulations. And....as many people will know....some prohibitively expensive cars.
Hence the opportunity to buy such cars at what may be reduced prices is worth my while giving some consideration to.
I think your confusion is coming from the different way the Aussies use the term "registration" to here. Here, it means that the car ceases to be a new car, and becomes a used car. Your use is more like our paying of the annual VED - "road tax".Hence the opportunity to buy such cars at what may be reduced prices is worth my while giving some consideration to.
If you export a new car, you claim the VAT back. If you export a used car, you don't.
The grant for a plug-in comes at the point the car ceases to be new, and becomes used - the point at which it's registered for the road.
If you were buying a new car for export from the UK to Australia, you'd not pay the 20% VAT - so a £24k list price car (including VAT) would cost you £20k.
If you were buying a £24k "list" (after £4k grant) new plug-in from the UK to export to Australia, you'd pay £28k inc VAT then get the VAT back so £23,333 - or you'd pay £24k after the grant, but get no VAT back.
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