Supposedly frozen at 2022/23 rates for two years:
Budget 2020: 0% BiK rate confirmed and future rates set out
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Supposedly frozen at 2022/23 rates for two years:
Budget 2020: 0% BiK rate confirmed and future rates set out
I would say all bets are off in terms of future budgets after what is going on now. The Government is going to have a £330bn+ shortfall in its finances. I would not be in the least bit surprised if there is a moratorium on grants on EVs and other "nice to have" things, as well as revisiting the BIK rate.
JupiterMan
Active Member
I missed that in the Budget - thanks, puts my mind at rest a little, however as Durzel points out, yes! everything is subject to change....!
On the other hand, the car industry is going to need all the help it can get so it would seem strange to ramp up BIK rates and decimate things further.
sadly not yet...only got confirmation emails from the leasing company today so figured they may still be processing things. They still haven’t taken deposit yet.
in my mind the longer they take the better - unsure if Tesla have or plan to extend the period in which miles are used but I’m going nowhere near a SC anytime soon!!
the chap that set my lease up from SLC said his colleague used his referral code for me so I might check that first to see if the miles turned up on their account.
will let you know if anything changes!
Just in case it interests anyone:
I had a M3 SR+ pearl white on order under salary sacrifice - actual order date w/ Tesla on 8 Jan. It never got matched, and then lockdown happened, and now Zenith has put a hold on ALL orders for foreseeable future.
My original order was for 24 months. It includes everything (insurance, maintenance, tyres etc).
Had a re-think, and determined that it was the same monthly cost to get the LR AWD over 36 months. Was £20/month more to get it in deep blue. This is despite the £500 reduction in grant (salesperson at Zenith advised that my original order had locked in previous £3,500).
So I've decided to cancel original order, and now submitted order for the LR in deep blue.
In the end, when I factor in total cost of ownership this works out almost exactly the same (excluding fuel/electricity entirely) as my previous personal lease for an Audi A3 with a few options (£26k) over 36 months. And actually considerably less if I factor in service and flat tyre I had to pay for.
Am now happier waiting however long it takes (could be September or beyond I guess)...as I think I could live with the LR AWD for longer even if life circumstances change.
I had a M3 SR+ pearl white on order under salary sacrifice - actual order date w/ Tesla on 8 Jan. It never got matched, and then lockdown happened, and now Zenith has put a hold on ALL orders for foreseeable future.
My original order was for 24 months. It includes everything (insurance, maintenance, tyres etc).
Had a re-think, and determined that it was the same monthly cost to get the LR AWD over 36 months. Was £20/month more to get it in deep blue. This is despite the £500 reduction in grant (salesperson at Zenith advised that my original order had locked in previous £3,500).
So I've decided to cancel original order, and now submitted order for the LR in deep blue.
In the end, when I factor in total cost of ownership this works out almost exactly the same (excluding fuel/electricity entirely) as my previous personal lease for an Audi A3 with a few options (£26k) over 36 months. And actually considerably less if I factor in service and flat tyre I had to pay for.
Am now happier waiting however long it takes (could be September or beyond I guess)...as I think I could live with the LR AWD for longer even if life circumstances change.
Wow that's crazy!
Wish my work did salary sacrifice.
Sounds like head of heart but makes total sense to me. Something to look forward too
I have just received all invoices directly from LeasePlan today - 1. deposit & 2. first monthly payment. Showing DD dates about 1 week apart. They came to the company director...maybe check with them?! Unless of course that's you and in which case you already know they haven't landed!!
No idea if this will have any bearing on the referral miles and updates to my Tesla account, but they have evidently processed the order in full now whilst also completely ignoring all my emails about taking a payment holiday...
Cnixon
Member
Zenith will arrange collection or delivery if you are classed as an 'Essential Worker' (formal letter giving you permission to drive and access school provision etc.)
I suspect they were guessing the first time, and now using Tesla's guidance... But I would argue that remains a guess as well as we don't yet know how many, if any, cars will be manufactured and shipped over in time for June given the Freemont factory remains shut...
Mr H
Active Member
Even with austerity, we need to promote EVs. It would be silly for Govt to kill their EV programme, if anything COVID has shown how important it is we go EV, with the extreme improvement in air quality
Hi, have a chat with Tom at key2lease, I have just signed for a M3LR with them which was much cheaper than previous quotes I'd had. He is very familiar with Tesla and they will take a RN if you buy from Inventory. I'd originally ordered a M3P from another leasing company in Feb but they wouldn't honour the plug in grant so I cancelled a few weeks ago.Lease prices for the Model 3 have shot up, I was quoted £200 more today than I was last monthso gonna have to hold off until prices come back down.
I wouldn't be too confident of a June delivery unless it's from existing inventory.
The factory remains closed and Almeda county has extended existing shelter-in-place legislation until the end of May.
I reckon the next shipment from the factory may not arrive until mid August at the earliest.
Thanks, unfortunately though I need to do it via a Salary Sacrifice scheme which I don't think they offer.
Thanks though
Lease prices for the Model 3 have shot up, I was quoted £200 more today than I was last month
Is this £200 a month extra (cant imagine) or £200 over the lease period? what version of the M3? I have been watching a my SS scheme for about a month and the price has varid by £70 a month which is £2520 over the 3 year term.
Crikey, prices from Leaseplan for the performance are ridiculous, this is for the standard colour and trim based on 20k per year over 3 yrs - for comparison 5 months ago it was about £725/month on the same mileage/years but with MSM and white interior
Similar threads
