2021 Plug in Grant rates and eligibility
The UK Government have announced changes to the plug-in grant (PiG) amounts and eligibility criteria effective from 7:00hrs on 18/03/21.
Changes
- Plug-in Car Grant (PiCG) has been reduced by £500 to £2,500 and now excludes models that cost more than £35,000.
- Plug-in Van Grant (PiVG) has been reduced to a maximum of £3,000 for small vans and £6,000 for large vans (2.5t-3.5t GVW).
- Plug-in Truck Grant (PiTG), has been reduced to £16,000 for trucks up to 12.5t GVW, and increased to £25,000 for trucks over 12.5t.
A summary of all the changes are below:
Plug-in Car Grant (PiCG)
Was (before 17/3/21 11:59hrs) | Now (from 07:00hrs 18/3/21) | |
Grant Rate | 35% of purchase price (up to £3,000) | 35% of purchase price (up to £2,500) |
Eligibility Criteria | Cars must cost less than £50,000. This is the recommended retail price (RRP), and includes VAT and delivery fees. | Cars must cost less than £35,000. This is the recommended retail price (RRP), and includes VAT and delivery fees (see full definition below) |
Plug-in Van Grant (N1/Light Commercial Vehicles) (PiVG)
Was (before 17/3/21 11:59hrs) | Now (from 07:00hrs 18/3/21) | |
Grant Rate | 20% of purchase price up to £8000 | 35% of purchase price up to £3,000 for small vans < 2.5 tonnes gross vehicle weight (t GVW) |
Eligibility Criteria | Vehicles have CO2 emissions of less than 75g/km and can travel at least 16km (10 miles) without any emissions at all. Zero emission vans can travel at least 60 miles without any emissions at all | Eligible vans have CO2 emissions of less than 50g/km Eligible vans and trucks can travel at least 96km (60 miles) without any emissions at all. |
Plug-in Truck Grant (N2 and N3 Trucks) (PiTG)
Was (before 17/3/21 11:59hrs) | Now (from 07:00hrs 18/3/21) | |
Grant Rate | 20% of purchase price, up to £20,000 for N2 and N3 trucks (first 200 ordered, limited to 10 per customer) | 20% of purchase price, up to £16,000 for small trucks (N2, >3.5t-12t GVW). For the first 250 ordered per Financial Year, limited to 10 per customer. |
Eligibility Criteria | Trucks can travel at least 16km (10 miles) without any emissions at all. Zero emission trucks can travel at least 60 miles without any emissions at all | Trucks can travel at least 96km (60 miles) without any emissions at all. |
Important information:
This blog was originally published on leaseplan.com website. The views expressed may no longer be current and any reference to specific vehicles or products is for reference only. This information is not a personal recommendation for any particular vehicle, product or service - if you are unsure about the suitability of a product, you should consult with an expert.
Important information:
This blog was originally published on leaseplan.com website. The views expressed may no longer be current and any reference to specific vehicles or products is for reference only. This information is not a personal recommendation for any particular vehicle, product or service - if you are unsure about the suitability of a product, you should consult with an expert.
Important information:
This blog was originally published on leaseplan.com website. The views expressed may no longer be current and any reference to specific vehicles or products is for reference only. This information is not a personal recommendation for any particular vehicle, product or service - if you are unsure about the suitability of a product, you should consult with an expert.
