There is a great deal of reasons to consider switching to an electric or hybrid vehicle, it’s not only good for the environment, it’s also very good for your savings!
One of the main benefits of making the switch to a fully electric or hybrid vehicle is the potential savings that could be made. Hybrid and electric vehicles are not only cheaper to fuel they are also cheaper to service. SEAI (Sustainable Energy Authority of Ireland) highlights that they have less wear and tear due to having fewer moving parts. In addition to these savings the government also offers numerous incentives for purchasing a hybrid or fully electric vehicle.
Both BEV and PHEV qualify for the Low Emissions Vehicle Toll Incentivewhich means there is a reduction in toll fees, BEV toll fee is reduced by 50% and it is reduced by 25% for PHEV.
Lower rates of tax, BEVs qualify for the lowest rate of tax at €120 per year, PHEVs are taxed at around €170 per year.
SEAI offer a €600 grant to assist with the installation of a home charger. This is available to anyone who purchases a new or used BEV or PHEV.
EVs also qualify for Benefit in Kind exemption, therefore if an employee uses an electric vehicle for private use they can qualify for an exemption or partial exemption of BIK rates.
In addition to the above benefits, you can also save as much as 70% on fuel expenses!
If you have any questions about the benefits of purchasing an EV or PHEV or any questions about our range of vehicle available, please get in contact with us.