It has been announced that the rates of the plug-in car grant, which gives buyers up to £4,500 towards the cleanest new cars, has been extended once again and will now continue until October 2018.
The Department for Transport had previously advised that new rates were due to be confirmed at the end of March 2018, which was then subsequently pushed back to April 2018. The Government has now stated that the current rates will remain in its current form until October 2018.
Plug-in car grants will therefore continue as follows:
- Cars with CO2 emissions of less than 50g/km that can travel at least 70 miles without any CO2 emissions at all, the grant will pay 35% of the purchase price up to a maximum of £4,500
- Cars with CO2 emissions of less than 50g/km that can travel at least ten miles emission-free, the grant will pay 35% of the purchase price up to a maximum of £2,500*
- Cars with CO2 emissions of between 50g/km and 75g/km that can travel at least 20 miles emission-free, the grant will pay for 35% of the purchase price up to a maximum of £2,500*
*These categories do not include cars with a recommended retail price of over £60,000