Loans of up to £35,000 are available to Scottish drivers to cover the cost of purchasing a new plug-in hybrid or pure electric vehicle.
new cars only
application available 31st March 2017
Shared Via The HUKD App For Android.
Top comments
satchef1
16 Dec 1623#32
The English...
Always hating what others have. Always blaming others for their problems...
The British government in Westminster have chosen not to offer these loans for the whole of the UK. It has also chosen to cut back on renewable energy investment in favour of new Nuclear deals. That has sod all to do with Scotland.
ollie87
16 Dec 1614#18
Someone doesn't understand the efficiencies of scale. Nor the advantage of not pushing emissions out of the tailpipe in already polluted cities.
Oh look, another one.
GAVINLEWISHUKD to 118luke
16 Dec 168#2
Well apart from Tesla's since they announced the free supercharging is going to end. The 14 plates had dropped below £50k now they are wanting nearer £60k!
Back onto the deal. The new 41kwh Zoe will set you back about £23.5k so over 6 years that's about £325pm.
The problem with this is battery capacity is getting bigger every year and cheaper. So in 6 years time you are going to have equivalent cars with bigger batteries and smaller price tags. At the moment it makes more sense leasing one than buying an electric car.
Electric cars need more of an incentive. They are currently building an electric lane in Nottingham which will be used by electric park and ride buses but also electric cars. The thing is if you work 9-5 and use that route then it may be beneficial but once again leasing or second hand makes more sense.
I suppose if you were planning on doing big milage then buying one with a unlimited milage lease battery (£110pm) and drive it to the moon and back then getting an interest free loan is a bonus.
s24adm
16 Dec 166#22
Maybe down in Englandshire, but in Scotland (where this deal is), we actually produce a huge percentage of our electricity from renewables. In fact in a single day in August this year, the wind turbines alone produced more energy than the entire country consumed that day so with each passing year, "zero-emmisions" is certainly achievable.
Ah, the false economy of buying hybric/electric cars.
The worst depreciating cars on the market are all electric - you'd be bonkers to buy a brand new one.
GAVINLEWISHUKD to 118luke
16 Dec 168#2
Well apart from Tesla's since they announced the free supercharging is going to end. The 14 plates had dropped below £50k now they are wanting nearer £60k!
Back onto the deal. The new 41kwh Zoe will set you back about £23.5k so over 6 years that's about £325pm.
The problem with this is battery capacity is getting bigger every year and cheaper. So in 6 years time you are going to have equivalent cars with bigger batteries and smaller price tags. At the moment it makes more sense leasing one than buying an electric car.
Electric cars need more of an incentive. They are currently building an electric lane in Nottingham which will be used by electric park and ride buses but also electric cars. The thing is if you work 9-5 and use that route then it may be beneficial but once again leasing or second hand makes more sense.
I suppose if you were planning on doing big milage then buying one with a unlimited milage lease battery (£110pm) and drive it to the moon and back then getting an interest free loan is a bonus.
fish323 to 118luke
16 Dec 162#4
Very true, but they are such good buy second hand.
haritori to 118luke
16 Dec 162#5
Its only a false economy now, its like all new technology.. but they need adoption now to promote future use, and they will just become cheaper, cheaper to fuel and run longer, tech is moving very fast in this field its just battery technology thats long long overdue a breakthrough.. but investment now means that breakthrough is login to come sooner.
hcc27 to 118luke
16 Dec 16#41
Depends on what you're looking for. Tried to find a reasonably priced Tesla P85D with under 50K mileage recently, they definitely had not depreciated much over those 3 years.
Spenfica to 118luke
16 Dec 16#65
I kind of agree, I lease a BMW330e for £280 per month including servicing/tyres/insurance and got a free charge your car card which is great as Metrocentre and Newcastle all use them for free parking, great for match day. I've only put £20 petrol in the car in 3 months and its still in fuel tank unused.
Only issue I found was paying for a public charging cable, £150!!! But slowly getting my money back
Buying new would be a different ballgame
Gerry876
16 Dec 161#3
The deal is for pure electric or any plug in hybrid.
This brings into play Mitsubishi Phev, BMW I range, VW golf's etc.
bseal1947
16 Dec 163#6
Oh yes the clean electric cars. Battery's built from open cast mining rare earth minerals. Thousands of miles of travel to assemble the batteries. And still using a polluting energy source to charge them up
moob to bseal1947
16 Dec 162#34
What a pointless statement.
Name anything and there will be some pollution from it's production. The long term use of electric vehicles will reduce emissions - especially when established green energy resources are used to make the electricity - which is Scotland is over 30% of all energy production and still increasing.
papasb
16 Dec 161#7
[Fast depreciation]
We have had a plug-in Prius for four years. If we don't sell it then we don't have this issue. When I bought it I decided I was going to run it until it died.
It is so damn cheap to run. £37 fill gets you 600 miles out of a tank. And it's a pretty good size inside. Boot isn't the best, but fine for a small family week away (just!). Zero car tax helps as well.
I agree high outlay. But if you intend to keep it for the long run, then they are cheap to run on a daily basis and the financial 'hit' becomes very small if at all.
s24adm to papasb
16 Dec 162#21
I'd say that's not great value tbh, my 2016 Fiat 500X (1.6 multijet) gets filled to the brim from empty on £45 of diesel and gets me at least 500miles per tank each time, it was £12k pre-registered from arnold clark, has oodles of boot space being an SUV. It's great to drive and very nippy in sport-mode when you need it. It's £0 tax in first year then £20 per year afterwards (Group B). I don't expect it to drop a huge amount when I trade it in in a year or so. If I was compromising for an electric or hybrid, I'd be expecting to at least double or triple my miles per £ to make it worthwhile switching.
thehoggmeister
16 Dec 161#8
When you can get PCP deals on a Leaf for £189 down and £189 per month then buying an electric car makes no sense. We have run a Renault Zoe for two years and it has saved is a fortune.
te721
16 Dec 162#9
Great if you want one, but I be a little concerned about the durability of some of these cars, the other thing to consider is some have a battery lease change on top of the cost of the actual car. More manufacturers / energy suppliers are doing away with free charge points and at approximately £6 for half hour charge given maybe 30 to 50 ish miles it's falling in line a how much the equivalent petrol car would cost to fuel and there's no half hour wait / limited filling points.
bozzy
16 Dec 164#10
The most false thing about it is the zero emissions more than the economy.
Might not be any at the tail-pipe, but the coal fired power station that just charged it up just belched out the equivalent elsewhere. Some of it will be renewable, but it's just a ****** feelgood exercise.
Mada06
16 Dec 161#11
The only way for the government to force adoption of these given the limitations in range etc is to subsidise the cost like they do in the Nordic countries. Many taxis are Tesla's for example.
Opening post
new cars only
application available 31st March 2017
Shared Via The HUKD App For Android.
Top comments
Always hating what others have. Always blaming others for their problems...
The British government in Westminster have chosen not to offer these loans for the whole of the UK. It has also chosen to cut back on renewable energy investment in favour of new Nuclear deals. That has sod all to do with Scotland.
Oh look, another one.
Back onto the deal. The new 41kwh Zoe will set you back about £23.5k so over 6 years that's about £325pm.
The problem with this is battery capacity is getting bigger every year and cheaper. So in 6 years time you are going to have equivalent cars with bigger batteries and smaller price tags. At the moment it makes more sense leasing one than buying an electric car.
Electric cars need more of an incentive. They are currently building an electric lane in Nottingham which will be used by electric park and ride buses but also electric cars. The thing is if you work 9-5 and use that route then it may be beneficial but once again leasing or second hand makes more sense.
I suppose if you were planning on doing big milage then buying one with a unlimited milage lease battery (£110pm) and drive it to the moon and back then getting an interest free loan is a bonus.
ref: https://www.theguardian.com/environment/2016/aug/11/scotland-completely-powered-by-wind-turbines-for-a-day
All comments (80)
The worst depreciating cars on the market are all electric - you'd be bonkers to buy a brand new one.
Back onto the deal. The new 41kwh Zoe will set you back about £23.5k so over 6 years that's about £325pm.
The problem with this is battery capacity is getting bigger every year and cheaper. So in 6 years time you are going to have equivalent cars with bigger batteries and smaller price tags. At the moment it makes more sense leasing one than buying an electric car.
Electric cars need more of an incentive. They are currently building an electric lane in Nottingham which will be used by electric park and ride buses but also electric cars. The thing is if you work 9-5 and use that route then it may be beneficial but once again leasing or second hand makes more sense.
I suppose if you were planning on doing big milage then buying one with a unlimited milage lease battery (£110pm) and drive it to the moon and back then getting an interest free loan is a bonus.
Only issue I found was paying for a public charging cable, £150!!! But slowly getting my money back
Buying new would be a different ballgame
This brings into play Mitsubishi Phev, BMW I range, VW golf's etc.
Name anything and there will be some pollution from it's production. The long term use of electric vehicles will reduce emissions - especially when established green energy resources are used to make the electricity - which is Scotland is over 30% of all energy production and still increasing.
We have had a plug-in Prius for four years. If we don't sell it then we don't have this issue. When I bought it I decided I was going to run it until it died.
It is so damn cheap to run. £37 fill gets you 600 miles out of a tank. And it's a pretty good size inside. Boot isn't the best, but fine for a small family week away (just!). Zero car tax helps as well.
I agree high outlay. But if you intend to keep it for the long run, then they are cheap to run on a daily basis and the financial 'hit' becomes very small if at all.
Might not be any at the tail-pipe, but the coal fired power station that just charged it up just belched out the equivalent elsewhere. Some of it will be renewable, but it's just a ****** feelgood exercise.