End of the the UK subsidy..

[user 816]

End of the the UK subsidy..

I saw a notice this week that our lease company is closing the books on orders for the Mercedes C350e as its been so successful Mercedes won't be able to supply them in time before its anticipated the £5000 government subsidy ends. Its a vehicle in the same boat as the PHEV sort of, nearly £38,000 list price and 48g/km although its EV range is even shorter.

It seems that Mitsubishi is able to turn out PHEV's at a far faster rate as there has been no such restriction on them yet.

I wonder how sales of both will do when the subsidy does end. I am locked out our quoting system until my next renewal cycle (stupid policy!) so I can't see what will happen to the lease price after the purchase price rises by £5000 so I don't know if it will still be attractive.

 

[westdevon]

I,d say get one now. It won't do our second hand values any harm at all. I suspect Mitsubishi will still sell plenty here without it. 5 grand more than a diesel is not bad for a hybrid, especially one with 2 electric motors etc.

 

[maby]

I think that it would be a difficult decision to purchase without the £5k subsidy. Five grand buys quite a lot of petrol and with the price approaching £40k, it puts the car in competition with several other very decent 4WDs. I've always quite fancied the Lexus NX300h - you get a fully loaded one of them for just over £40k. The BIK and corporation tax concessions would probably still have carried it for us, but as a private purchase, I think the sums may not work out.

 

[westdevon]

I'd guess that once the money runs out the scheme will be replaced by something a bit less generous.

 

[Mitssupplier]

I understand that when it is revised it will be replaced with a tiered system based on the amount of miles the vehicle will do on electric. So a full electric vehicle will get the full amount and reduced amount below this. I am sure that even if the Outlander only received part of this grant it will still be very popular in the market place due to BIK and of course the potential MPG.