Associate
Double post
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Erm there are more incentives can be applied for wider adoption such as charger VAT discount. That would help a lot of people to take up EV new or used.About 60% of new cars are purchased for fleet use. 80% of car transactions are second hand.
The policy makes sense as it incentivises business users to buy new EV which drive sales and adoptions. While generating a stream of well maintained second hand EV for private buyers that are 2-3 years old.
The incentive is built in. The fleet operator has already paid for the largest chuck of depreciation. You can get some amazing second hand EV deals, cheeper that some equivalent ICE cars of similar size, spec, mileage and age.
Erm there are more incentives can be applied for wider adoption such as charger VAT discount. That would help a lot of people to take up EV new or used.
And grants for blocks of flats for community level charging facilities.
I agree with all of the above.The main reason why the likes of Norway have the EV penetration they do is not only because of EV incentives, it’s also the punitive taxation of ICE vehicles.
Rather than cutting fuel duty every year and slapping VED on EVs like the U.K. government has, they slapped a punitive purchase tax on ICE cars.
They also changed the law so that those who live in flats must have access to EV chargers e.g. freeholders/landlords are not incentivised to install, they must install them.
Absolutely this. We can't sit back and say that EVs will work for most people when the caveat is - if you have off road parking.The biggest thing that needs to be done is solving the issue to alow people without drive ways to charge cars cost effectively overnight. A significant % of households will not have access to cheep electricity to charge cars. So EV makes no sense.
I agree with all of the above.
ATM there is no carrot for switching to EV and whilst government and Whitehall is using the stick to beat EV owners as well. It’s senseless.
It is worth remembering that policies are not made up by politicians. They are formulated and framed out by civil servants at Whitehall departments. While lobby politicians will only go certain direction, if the bias again EV is entrenched in the minds of working civil servants then we stand no chance of getting things turned around.
I get that it is a good supplier of 2nd hand cars however I see it as a huge tax benefit for people who are already incredibly well paid whilst those who earn less have no such benefit.About 60% of new cars are purchased for fleet use. 80% of car transactions are second hand.
The policy makes sense as it incentivises business users to buy new EV which drive sales and adoptions. While generating a stream of well maintained second hand EV for private buyers that are 2-3 years old.
The incentive is built in. The fleet operator has already paid for the largest chuck of depreciation. You can get some amazing second hand EV deals, cheeper that some equivalent ICE cars of similar size, spec, mileage and age.
Its a communication thing..
1. Now that EVs are much much cheaper to a point that there are many EVs under £10k now that are fairly credible and for £13k you get a good ID.3 or similar, and that the company SS Schemes often have good deals on various cars (especially second hand on our one!), these are all accessible to our production staff at the normal monthly figures they spend on their cars now.
2. The saving to an employee is really only ~7.5p/kwh which isn't that much overall, even for high mile commuters (18K Miles PA) that's only ~£30 a month.. if doing 5k Miles commuting that's a whopping £8.22 a month.. it's bugger all..
3. People know there is a push for EVs from the government and understand incentives.. However in our case, its more to just soften the blow to anyone that is venturing into EVs because their is no BIK (yet) on charging in work, when their is, we'll do what we can.
FYI, On our SS Scheme, a 2021 ID.3 58kwh with 10-12k miles is ~£276 a month for a low tax bracket earner, that includes everything, so with fuel savings on top that is quite impressive, quite a few of our production staff are starting to ask more and more and I am always happy to go over figures with them, it is amazing how many buy cars on PCP and in reality are spending over £500 a month on the amortised deposit/finance/insurance/servicing/tyres/maintenance etc..
Company car EV adoption has shown this to be an extremely effective method. Even people that don't really want to go EV yet can't ignore a 25% difference in BIK rates.The main reason why the likes of Norway have the EV penetration they do is not only because of EV incentives, it’s also the punitive taxation of ICE vehicles.
for sure long term planning is down to political decisions.Im not sure I agree with the last part, everything the current administration has done over the last decade has basically lacked an overarching cohesive strategy, that is 100% on the elected politicians.
The strategy is effectively ‘civil servants do net zero. Oh BTW, you can’t raise taxes on fossil fuels or anything fossil fuel powered or fund any sensible infrastructure or mandate landlords to do anything - crack on’.
It’s no wonder you have a load of random policies which make no sense and are completely ineffective when you add them all together.
It's a major bill for someone with so little usage.Yes. That's about the same as what we can get.
One big bill on the 207 and I might bite as everything is included
not everyone wants to lease.Company car EV adoption has shown this to be an extremely effective method. Even people that don't really want to go EV yet can't ignore a 25% difference in BIK rates.
It's a major bill for someone with so little usage.
how much do/will the Kwh cost your company if they are providing them free at work ? and the saving becomes significant for those, especially with private phevs/ev and no home charging.
Okay but what about the subsequent 3 years of payments and balloonIf I get the van before then maybe I won't need one at all.
But if the big bill comes a year of pcp would be cheaper than a repair
Okay but what about the subsequent 3 years of payments and balloon
you misunderstood it was a (rhetorical and genuine interest) ) question to demon about how much the units costs his company - doubt it is 7.5ph ...Are you as bitter about those who have kids and so get tax free childcare? A benefit which is worth significantly more than the ~£20 for free charging