Plug-in car Grant now £3000 (was £3500) for cars under £50k

[theweakestlink]

We are all going to be fine. Phew.

 

[up_north]

This is a win for Tesla as the standard and long range are available with the new grant but the new Jaguar iPace starts at 60k I believe so you won't be able to get the grant for this now.

Long Range isn’t available with new grant. Its list price is over £50k.

 

[SamBGB]

Do lease companies also get this discount or is this just for individuals?

 

[Fackson]

Unless the budget had moved it the other way, and increased OLEV to stimulate more purchases ...

There doesn’t appear to be anything preventing a dealer from cancelling an application at any point before the grant is awarded and reapplying.

 

[Durzel]

This is a win for Tesla as the standard and long range are available with the new grant but the new Jaguar iPace starts at 60k I believe so you won't be able to get the grant for this now.

LR is £50,500 right now. LR as is (no options) is excluded from the grant. The prices Tesla put on their ordering page are inclusive of the existing £3,500 grant.

I would expect Tesla to adjust the price of this one down slightly, but who knows.

 

[SamBGB]

LR is £50,500 right now. LR as is (no options) is excluded from the grant. The prices Tesla put on their ordering page are inclusive of the existing £3,500 grant.

I would expect Tesla to adjust the price of this one down slightly, but who knows.

The tesla website shows £47,990 before savings on the LR (no options)

 

[laughingboy]

Thank you everyone who has the background info. I ordered 6/2 so can only hope/pray that its been applied for as above.

I had my finances all lined up for this and dont like last minute surprises!

There are a load of panic merchants on facebook right now who need the reassurance of this knowledge!

 

[Durzel]

The tesla website shows £47,990 before savings on the LR (no options)

The Tesla website prices include the (currently £3,500) grant though, and the £50k threshold is the list price.

I completely forgot about the documentation fee, I wonder if that's counted against the £50k threshold...

 

[SamBGB]

Ah I see it says "before savings" so is that not before any incentives?

 

[S'Express]

Which reminds me of that scene in Planes, Trains and Automobiles with Steve Martin and John Candy - "Those aren't pillows!"

The whole thing is more like Indiana Jones grabbing his hat before the trap door slams down!

 

[Mrklaw]

I assume savings is their weird fuel saving estimates which they use to make monthly payments seem smaller than they are

 

[R4zb3rry]

So what’s the chance of placing an order for an M3P tonight and getting paperwork locked in for the full 3.5k grant?

 

[Harv3y]

So what’s the chance of placing an order for an M3P tonight and getting paperwork locked in for the full 3.5k grant?

Slim I’d say!

 

[R4zb3rry]

Yup, thought as much.

Well I do wonder how much investigation of current UK EV model lineup was done by the government, to establish available real world use and pricing to arrive at this arbitrary £50k?

 

[GreasyWeasel]

Slim I’d say!

I'd agree, it sounds like you need to have completed the documentation which doesn't come through straightaway and then it looks like Tesla put it on the portal a few days after you actually ordered.

 

[4Monty]

I'd say it's worth checking with Tesla on inventory cars? Not sure if a grant can be applied before actually sold but you never know.... Or arguably, you could purchase a car before midnight tonight and cancel if you can't get the grant.....

 

[SamBGB]

Bugger that means that the cost of the lease of LR will probably go up, that said I am likely not ordering until July anyway so hopefully Tesla bump the price down by £500

 

[j1mgg]

I wonder what the decision behind this is, why a cut off at £50k.

 

[Mf03]

Let’s see if the car currently in inventory go up by £3500 tomorrow?

 

[R4zb3rry]

Let’s see if the car currently in inventory go up by £3500 tomorrow?

All model 3 inventory is now gone.