OVL Lease Blog

Register your interest in leasing the Tesla Model Y here

Register your interest in leasing the Tesla Model Y here You can now order the much anticipated Tesla Model Y in the UK. First Deliveries are expected early 2022 (Model Y Long Range, Performance... Read More

There's never been a better time to lease your vehicle...let us explain.

There An unusual set of circumstances are contributing to there having never been a better time to lease your vehicle. Despite messages of prices on the ... Read More

Going green and increasing National Insurance – what’s the link?

Going green and increasing National Insurance – what’s the link? Earlier this month the Government announced that there would be a 1.25 % rise in certain National Insurance contributions from April 2022.... Read More

E10 petrol: What is it and can my car run on it?

E10 petrol: What is it and can my car run on it? The introduction of E10 petrol brings with it another benefit to leasing your vehicles - because all new cars can run on E10 petrol, so you don'... Read More

London’s Ultra Low Emission Zone (ULEZ) expanding in October 2021 – is your vehicle compliant?  🚙

London’s Ultra Low Emission Zone (ULEZ) expanding in October 2021 – is your vehicle compliant?  🚙 From 25 October 2021, the existing central London Ultra Low Emission Zone (ULEZ) will expand to create a single larger zone up to, but not includin... Read More

The Audi e-tron GT - car leasing review

The Audi e-tron GT - car leasing review The new Audi e-tron GT is an electric four-door coupe with powerful motors and seats for five people. Here’s what some of the reviewers are s... Read More

HOW CAN DRIVING BEHAVIOUR HELP YOU REDUCE FUEL COSTS AND GREENHOUSE GAS EMISSIONS?

HOW CAN DRIVING BEHAVIOUR HELP YOU REDUCE FUEL COSTS AND GREENHOUSE GAS EMISSIONS? The experts from Emtec Corp Ltd have shared with us, an article detailing how driving behaviour is one tool to be used to reduce fuel costs and gre... Read More

What does the global shortage in computer chips mean for the car industry?

 What does the global shortage in computer chips mean for the car industry? News sources have been awash in the past few months with information about the global shortage in computer chips.  Initially caused by fa... Read More

Lease the Audi E-TRON GT - read our review round-up

Lease the Audi E-TRON GT - read our review round-up The Audi E-TRON GT is the flagship all electric car for the German manufacturer and it is quite simply luxury personified - Auto Express report tha... Read More

The Citroen E-C4 - Car Leasing Review

The Citroen E-C4 - Car Leasing Review The Citroen E-C4 is an affordable all electric coupe SUV. It's official all electric range is reported as 217 miles but real-wor... Read More

Changes to the Plug-in Car Grant - March 2021

22/03/2021

Changes to the Plug-in Car Grant - March 2021

The Government has announced that the Plug-in Car Grant has been cut from £3,000 to £2,500 for Electric Vehicles and further changes to the scheme mean that only models up to a value of £35,000 are eligible.

Originally launched in 2011, the Plug-in Car Grant offered up to £5,000 off the price of a new Electric Vehicle for vehicles worth up to £50,000.

The Government say that the changes “target less expensive models and reflect a greater range of affordable vehicles available, allowing the scheme’s funding to go further and help more people make the switch to an electric vehicle.”

The Government goes on to say that, “The number of electric car models priced under £35,000 has increased by almost 50% since 2019 and more than half the models currently on the market will still be eligible for the grant.”

Of course this change does mean some popular models will no longer be eligible but two excellent options that are also two of our leasing deals of the week are the Volkswagen ID3 and the Vauxhall Corsa E.

 

 

Vauxhall Corsa E  

 

As always our team are on hand to advise you of the best option for you - don’t hesitate to contact us.