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The government has recently announced there will be no more new petrol or diesel cars for sale after the year 2040, therefore purchasing a green car such as an Electric Car (EV), a Hybrid, which can charge its own batteries using a petrol engine, or a Plug-In Hybrid (PHEV), which runs on a combination of electricity and hydrogen-based fuel, could be a better option for car buyers.
Purchasing a green car means you are helping to save the environment, the cost to run your car will be lower, and you could stand to benefit from one of the current government incentives for buyers. Take a look below at Trusted Dealers’ top five incentives for going green.
Reduced fuel bills
Depending on whether you’ve purchased an EV which is charged solely by electricity and therefore requires no fuel at all, a hybrid car or a PHEV, you’ll pay a lot less at the pump. The electric component within hybrid cars enables its fuel to stretch a lot further, while PHEVs have an electric range as well as fuel capacity, which means you can run your car solely on electricity for a certain distance. Whatever type of green car you choose, you’ll find your quids-in at the pump.
Road tax exemption
Vehicle Excise Duty (VED) underwent a shake-up this year with new cars registered from April 2017 based on 13 bands, each defined by a range of tailpipe CO2 emissions. So, the lower your car’s CO2 emissions, the less you’ll pay. If you own an EV, you’ll be fully exempt from road tax and won’t pay a penny. Click here for a detailed breakdown of what you can expect to pay based on the model of green car you buy.
Savings to the economy
Green cars require much less fuel to power them across the same distances, which means that the UK and other countries are less dependent on expensive foreign oil sources from countries within the Middle East. Increasing the amount of electrically charged vehicles on UK roads will therefore provide more financial independence to the country as a whole, which can only be a good thing given the current political climate.
Saving the environment
Driving a green car will guarantee your exhaust emissions are lower. Hybrids and PHEVs have been proven to reduce the amount of harmful gases released into the environment when driving at all speeds and in all types of weather conditions. The reduction in CO2 gases when driving an Electric car will help to combat global warming and reduce the world’s current carbon footprint.
Owners of low-emission vehicles can save money by way of a plug-in grant at the point of purchase. Car dealerships and manufacturers can now get grants from the government to reduce the price buyers will pay for brand new electric and hybrid vehicles. You won’t need to do anything to get the grant, dealers will include the value of the grant in the vehicle’s price. The grant will pay for 35% of the purchase price for these vehicles, up to a maximum of £2,500. For more information on the current scheme, click here.