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5 grand grant off electric car Jan 2011

Only just found out about the conlibs supporting this.

Which car would be best? I am thinking a Nissan Leaf for about 15K now?

Or a plug in Toyota or Honda? Ideas?
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Comments

  • Dave_Z
    Dave_Z Posts: 214
    Part of the Furniture 100 Posts Combo Breaker
    Forumite
    Nissan website says the Leaf is £24k after the £5k incentive. Gonna take a hell of a long time to recoup the extra upfront costs over a petrol equivalent. And the power to charge it probably isn't coming from wind farms.
  • Boozer
    Boozer Posts: 340 Forumite
    How about a Tesla??
  • novazombie
    novazombie Posts: 327 Forumite
    Dave_Z wrote: »
    Nissan website says the Leaf is £24k after the £5k incentive. Gonna take a hell of a long time to recoup the extra upfront costs over a petrol equivalent. And the power to charge it probably isn't coming from wind farms.

    I didnt realise it was near 30K new?

    What is the cheapest car that will qualify for 5K grant?
  • They give with one hand and take with the other, doesn't VAT go up in January.
  • 10JH
    10JH Posts: 287 Forumite
    Very few cars that qualify at the moment.

    Mitsubishi i-Miev will.

    Nissan Leaf will. Getting good reviews from the press. Though not suitable for everyone, limited range etc...

    G-Whiz doesn't, as the govt counts it as a quadricycle, not a car.

    Hybrids like the Toyota Prius and Honda Insight won't.

    Hopefully this grant will encourage manufacturers to build more electric cars.
  • newbie007_2
    newbie007_2 Posts: 344 Forumite
    £30k new wow. Most of us love to save money on transport cost but maybe 8 years later when these falls to £5k would I be able to afford it.
  • 10JH
    10JH Posts: 287 Forumite
    newbie007 wrote: »
    £30k new wow. Most of us love to save money on transport cost but maybe 8 years later when these falls to £5k would I be able to afford it.

    Replacement battery cost might be huge on 2nd hand electric vehicles.

    At the moment, an new Tesla battery costs £9k!
  • sassy_one
    sassy_one Posts: 2,700
    Part of the Furniture 1,000 Posts Name Dropper
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    Oh yes, the government trying to get people to move over to electric cars, as well as putting the costs of everything else up!

    This will go the same way as the scrape-age grant went on cars, okay for the rich but the poorer will get poorer.
    Now a lot of people can't afford a car because there are not enough cheap run a rounds about under £500 any more!

    I won't be entertaining one!!
  • RDB
    RDB Posts: 872 Forumite
    Next year will we see cars that qualify for the 5K grant for around 15K? So you could get it for around 10?
  • anewman
    anewman Posts: 9,200
    Part of the Furniture 1,000 Posts Combo Breaker
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    RDB wrote: »
    Next year will we see cars that qualify for the 5K grant for around 15K? So you could get it for around 10?

    I doubt it, if there's a £5k grant to be had, MFR's will keep the prices high, even if it means stacking the price up by £5k on top of what would be profitable for them.
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