LeasingOptions Logo
PersonalBusiness
Call Us
e.g. BMW 3 Series

What Is The UK Plug-In Car Grant?

The UK plug-in car grant is a £532 million government incentive scheme that offers those purchasing a new electric car up to £1,500 off the cost. The grant takes in a selection of vehicles worth up to £32,000 to encourage the nationwide uptake of more eco-friendly cars.

What Are The Benefits Of The UK Plug-In Car Grants?

  • 35% off the purchase price of your new car (capped at £1,500).
  • There won’t be any hassle with reimbursement – dealers will simply take the grant off the prices of eligible cars.
  • The grant has now been extended through to 2022/23, so you have plenty of time to decide whether the switch will be right for you.
  • The scheme also offers support for those purchasing vans (up to £5,000), trucks (up to £20,000), taxis (up to £7,500) and motorbikes (up to £1,500).
Find an Electric Car

Does The UK Plug-In Car Grant Apply To Leasing?

Electric cars are, famously, more costly than their fossil-fuel driven equivalents. The new Volkswagen e-Golf, for example, would set you back around £28,000 even including the OLEV grant, whereas you can get a regular Golf from around £22,000.

Pig
  • You can lease this same e-Golf through Leasing Options from under £260 a month on a three-year contract, meaning you don’t have to fork out a large sum at the outset.
  • By the end of the contract you will have paid under £12,000, just over a third of the RRP.

As we explain here, constant technology advances mean cars like these decrease in value rapidly. However, when you lease, the leasing company incurs this reduction in value, not you, leaving you free to lease more up-to-date models without any loss.

What Cars Are Eligible For The Charging Point Grants?

Every single electric car offered by Leasing Options is eligible for this grant. So, if you lease with us you know you’ll be eligible.

You can also find the full list of vehicles here.

Find an Electric Car

Government electric car grants FAQs

Ultra-low emission vehicles (ULEVs) are exempt from road tax
Ultra-low emission vehicles (cars with less 75g/km CO2 emissions) and zero-emission electric cars are exempt from road tax for both first year and annual road tax. New ULEVs with a listed price over £40,000 do incur a separate tax of around £335. 0g/km CO2 emission vehicles don’t get charged the supplementary £335, but any other vehicles would (including other ULEVs).
Does The UK Government Offer A Grant To Install A Home-Charging Point?
The government will cover up to 75% of your installation cost of small home charging points that gets the job done faster than a normal socket (though you can also use these, if you have off-street parking, and the car will fully charge overnight).
Does The UK Government Offer A Grant To Install Workplace Charging Points?
Eligible businesses, charities and public sector organisations can now apply for a voucher-based scheme providing help with the initial costs of buying and fitting electric vehicle charge-points. This could help if you’re thinking about taking your business electric.
How Do I Get An Electric Car Grant?
Luckily, you don’t need to worry about applying for grants when leasing or purchasing an electric car – the seller/ leasing company will process these benefits internally. All information about charging point grants can be found on the gov.uk website.
What Cars Are Eligible For The Charging Point Grants?
Every single electric car offered by Leasing Options is eligible for this grant. So, if you lease with us you know you’ll be eligible. You can also find the full list of vehicles here.

Car Leasing FAQs

Can anyone else drive my vehicle?

We believe in providing flexibility for our customers, which means our vehicles can be driven by a wide range of people:

  • Business users
    Company employees, employee’s spouses, partners and immediate family (children, siblings, parents etc.), as long as they meet the driver-eligibility criteria.
  • Personal users
    The driver, their spouse or partner and immediate family (children, siblings, parents etc.), as long as they meet the driver-eligibility criteria.

Below is the Fuel & Go driver-eligibility criteria:

  • All drivers must be aged between 21-70.
  • They must be in possession of a full UK/EU driving licence that has been valid for at least 12 months.
  • Drivers must not have more than two own-fault claims in the past 24 months.
  • Anyone using the vehicle cannot have more than 6 points on their driving licence.
  • They must not have received a driving ban in the past 60 months.
  • Drivers must not have been advised to stop driving by a medical professional or the DVLA due to a medical condition.

What do you get with the Fuel & Go package?

Our Fuel & Go leasing service ensures you get all the cover you need for your leased vehicle. The key benefits of the package include:

  • Guaranteed Maintenance & Breakdown – access to a 48 hour relief vehicle if it can no longer be driven, or is left by the roadside.
  • Shortfall Protection – Help with finance arrangements if the vehicle is written off.
  • Accident Management – All accident claims are processed by a dedicated team.
  • Own Damage Protection – Repair cost related to accident, fire, theft and more are covered.
  • Glass Protection – Body glass and windscreen are covered.
  • MID updates – Regular and complete Motor Insurance Database updates.

All you have to do is add fuel and enjoy making the most of your leased vehicle.

What isn’t included in the Fuel & Go package?

At the moment Arval, the funder for our Fuel & Go package, doesn’t cover for personal injury for the named driver. Any passengers would be covered under ‘third party’ within the policy. Personal belongings are also not covered within the policy

What are the pros and cons of leasing vs buying?

Not only does leasing offer great flexibility and peace of mind, you won't be left with a vehicle facing negative equity when your contract is up. What's more, due to the financial flexibility, leasing often means you can drive a newer or higher spec car than you would have been able to afford if paying outright..

If you settle the contract early, you will be required to pay a termination fee.

If you exceed your agreed annual mileage allowance, you will be required to pay an excess-mileage fee.

At the end of your contract, you will be required to pay for any damage to the vehicle, with the exception of "fair wear-and-tear".

To learn more about the benefits of leasing, our guides section has more indepth articles.


Ready to find your next vehicle?