How you can save money by driving an electric vehicle | Special feature Part 2
Top EV BEV Tips | Advice for businesses, fleet operators, company car drivers and individuals
In the second part of our special feature series, we put the spotlight on EV vehicles.
This time, we take a closer look at how making the change from driving a diesel, petrol or even a hybrid vehicle can save you or your business some serious money.
Congestion Zone Charge and Road Tax - be gone!
All-electric vehicles (EV/BEV) and eligible plug-in hybrid electric vehicles (PHEVs) qualify for a 100 percent discount from the London Congestion Charge.
Also, cars that emit zero CO2 emissions are Vehicle Excise Duty (VED) exempt.
Lower your company car tax - drive an electric car!
Why pay more Benefit in Kind (BIK) Tax than you need to? Take a look at the new low bands for EVs for 2020/21!
|The table below shows the new bands and tax rates for tax years 2020 to 2023|
|For cars first registered from 6 April 2020 |
|2020 - 21|
|2021 - 22|
|2022 - 23|
|1 - 50||> 130||0||1||2|
|1 - 50||70 - 129||3||4||5|
|1 - 50||40 -69||6||7||8|
|1 - 50||30 - 39||10||11||12|
|1 - 50||< 30||12||13||14|
|51 - 54||-||13||14||15|
|55 - 59||-||14||15||16|
|60 - 64||-||15||16||17|
|65 - 69||-||16||17||18|
|70 - 74||-||17||18||19|
|75 - 79||-||18||19||20|
|80 - 84||-||19||20||21|
|85 - 89||-||20||21||22|
|90 - 94||-||21||22||23|
|95 - 99||-||22||23||24|
|100 - 104||-||23||24||25|
|105 - 109||-||24||25||26|
|110 - 114||-||25||26||27|
|115 - 119||-||26||27||28|
|120 - 124||-||27||28||29|
|125 - 129||-||28||29||30|
|130 - 134||-||29||30||31|
|135 - 139||-||30||31||32|
|140 - 144||-||31||32||33|
|145 - 149||-||32||33||34|
|150 - 154||-||33||34||35|
|155 - 159||-||34||35||36|
|160 - 164||-||35||36||37|
|165 - 169||-||36||37||37|
|170 and above||-||37||37||37|
EV electric vehicle government grant - save £££'s!
The government grant will pay for 35 percent of the purchase price for these vehicles, up to a maximum of £3,500.
With our great discounts and wide portfolio of funders, All Vehicle Contracts Limited can help you get a great value contract hire deal on the electric car or cars of your choice. Don't worry, we include the value of the grant in the vehicle's monthly lease price. In other words, we make sure these savings are passed on to you!
Instant online quotes on electric vehicles | Great deals from All Vehicle Contracts Limited
Quote online across an entire range of EV and eco-friendly cars and vans on AVC's website by clicking here. Customise your requirements and tailor-make your quotation to suit your needs in a matter of seconds.
Enquire online or contact one of our dedicated team on 01902 353393 - find out how All Vehicle Contracts Limited can save you money on your motoring costs today.
Watch this space for our next EV feature article in a special series, where we check out capital allowances and how fleet-savvy users could make their electric vehicles work harder for them in more ways than one. Our panel of experts also answers EV FAQ's, including what is arguably the most common of them all: charging concerns.
All Vehicle Contracts Ltd Published: Feb 10 2020