Electric & Hybrid car customers can benefit from a grant of up to £4,500.
The government plug-in grant was introduced to bolster consumer uptake of new electric or plug-in hybrid models by providing up to £4,500 off the list price. There are 6 categories of grants available, each grant is dependent on CO2 emissions and electric-only range.
Eligible Vehicles – Category 1 Cars
Category 1 cars are eligible for the highest grant available. This will cover 35% of the purchase price of the vehicle, up to a maximum of £4,500. To qualify for this the vehicle must have CO2 emissions of less than 50g/km and be able to travel at least 112km (70 miles) without any CO2 emissions at all.
|BMW i3||BYD e6||Citroen CZero|
|Ford Focus Electric||Hyundai IONIQ Electric||Kia Soul EV|
|Nissan LEAF||Peugeot iON||Renault Fluence|
|Renault ZOE||Smart fortwo electric drive||Smart forfour electric drive|
|Toyota Mirai||Volkswagen e-up!||Volkswagen e-Golf|
|Mercedes-Benz B-Class Electric Drive||Nissan e-NV200 (5-seater and 7-seater)||Tesla Model S & X|
Looking to add a new vehicle to your fleet?
Eligible Vehicles – Category 2 Cars
To be eligible for this grant vehicles must have CO2 emissions of less than 50g/km and be able to travel at least 16km (10 miles) without any CO2 emissions. The grant will cover 35% of the purchase price for these vehicles, up to a maximum of £2,500.
|Audi A3 e-tron||BMW 225xe||BMW 330e|
|BMW 530e||Hyundai IONIQ PHEV||Kia Niro PHEV|
|Kia Optima PHEV||Mercedes-Benz C350 e||Mercedes-Benz E350 e|
|MINI Countryman PHEV||Mitsubishi Outlander||Toyota Prius Plug-in|
|Vauxhall Ampera||Volkswagen Golf GTE||Volkswagen Passat GTE|
|Volvo V60 D5 Twin Engine||Volvo V60 D6 Twin Engine||Volvo XC90 T8 Twin Engine Momentum|
*Mercedes-Benz C350 e (with 17 inch rear wheels)
*Mitsubishi Outlander (except Commercial)
*Volvo XC90 T8 Twin Engine Momentum (2017 model year only)
Eligible Vehicles – Category 3 Cars
There is currently only one vehicle eligible for the Plug-In Grant:
Mercedes-Benz E350 e AMG Line
This vehicle has CO2 emissions of 50 to 75g/km and can travel at least 32km (20 miles) without any CO2 emissions. The grant will cover 35% of the purchase price for this vehicle, up to a maximum of £2,500.
Eligible Vehicles – Vans
The current government grant will pay for 20% of the purchase price of the below vans, up to a maximum of £8,000. To qualify, the van must emit CO2 emissions of less than 75g/km and be able to travel at least 16km (10 miles) without any CO2 emission.
|Citroen Berlingo||Peugeot ePartner||Renault Kangoo ZE|
|Nissan e-NV200 (cargo van)||Mitsubishi Outlander Commercial||BD Otomotiv eDucato & eTraffic|
Non-Eligible – Vehicles
Not all electric or hybrid vehicles are eligible for the Plug-In Grant – only vehicles that have been approved by the government. Also, any category 2 or 3 cars with a retail price over £60,000 are not eligible.
|Category 2||Category 3|
|Audi Q7||Mercedes-Benz S500 Hybrid|
|BMW i8||Porsche Panamera S E-Hybrid|
At Gofor Finance we can assist with the procurement of all makes and models of electric vehicles, get in touch today.