Electric car subsidy

Want a guaranteed £5,000 towards your next car?

That’s the deal being offered by the Government from 
1 January if you buy an all-electric 
or very low emission vehicle. 

Under the scheme – announced 
by the Labour Government but rubber-stamped by the Coalition – drivers 
taking the plunge on the latest 
generation of battery-powered cars get a 25 per cent discount off the price, up to the value of £5,000. 

There’s a strict list of only nine models that currently qualify, but which includes the three electric vehicles that go on sale in January – the Peugeot iOn, Mitsubishi i-MiEV and Citroen C-Zero. The subsidy also stretches 
to the forthcoming plug-in version 
of the Toyota Prius and the Vauxhall Ampera. Both of these models are 
due to arrive in showrooms in 2012.