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Author Topic: Will Subsidies End Soon When Buying A Milk Float?  (Read 1483 times)

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Rods2

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Will Subsidies End Soon When Buying A Milk Float?
« on: 11 April 2015, 11:00:48 »

The £5,000 subsidy when buying a milk float is limited to the first 50,000 sales and it may or may not be renewed. With milk float sales growing rapidly, this is expected to be reached in the autumn.

http://www.bbc.co.uk/news/business-32217969
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Re: Will Subsidies End Soon When Buying A Milk Float?
« Reply #1 on: 11 April 2015, 12:09:40 »

Mine is just like the one in the link but in arctic blue.Did my sums, and already have solar pv on the roof to feed it - bought an ex demo with 4k on the clock, so year 1 depreciation met by dealer, and got more than expected(thankyou Manchester car dealer) for my old 1998 landcruiser which needed a wad of cash spending on it this year if I was to keep it this year.
Downside - at times, need to drive it as if a person is in front of you holding a lantern ie within eco speed range, and future replacement battery prices - other than that, should save me circa £1800 per year on fuel/other costs.
Upside , kept hold of my 3.2 manual MV6 for driving pleasure during the Summer months

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Varche

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Re: Will Subsidies End Soon When Buying A Milk Float?
« Reply #2 on: 11 April 2015, 14:29:16 »

I would expect that tax would go up too on these once folk have been suckered. Bit like Diesel going up once people had been encouraged to buy diesel powered vehicles.
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05omegav6

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Re: Will Subsidies End Soon When Buying A Milk Float?
« Reply #3 on: 11 April 2015, 14:43:09 »

I would expect that tax would go up too on these once folk have been suckered. Bit like Diesel going up once people had been encouraged to buy diesel powered vehicles.
What tax? They attract 20% vat same as any other car... if it's a company car, it's entire value can currently be written down in the first year. There is no rfl as they are zero rated due to producing no emissions at point of test. Any tax on the fuel is simply down to the price an individual pays for electricity, and if you are fortunate enough to run a higher powered Tesla Model S, then you can charge it for free, forever.

As for the £5000 grant, expect the manufacturers to freeze their prices... current rrps include the grant. If they're selling ever increasing numbers, then the margins improve, as do the discounts...

So I ask again what tax?
« Last Edit: 11 April 2015, 14:46:22 by Taxi Al »
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Re: Will Subsidies End Soon When Buying A Milk Float?
« Reply #4 on: 11 April 2015, 14:44:42 »

I would expect that tax would go up too on these once folk have been suckered. Bit like Diesel going up once people had been encouraged to buy diesel powered vehicles.

Yep,I can remember when diesel was much cheaper than petrol >:(
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Re: Will Subsidies End Soon When Buying A Milk Float?
« Reply #5 on: 11 April 2015, 14:58:45 »

I would expect that tax would go up too on these once folk have been suckered. Bit like Diesel going up once people had been encouraged to buy diesel powered vehicles.
What tax? They attract 20% vat same as any other car... if it's a company car, it's entire value can currently be written down in the first year. There is no rfl as they are zero rated due to producing no emissions at point of test. Any tax on the fuel is simply down to the price an individual pays for electricity, and if you are fortunate enough to run a higher powered Tesla Model S, then you can charge it for free, forever.

As for the £5000 grant, expect the manufacturers to freeze their prices... current rrps include the grant. If they're selling ever increasing numbers, then the margins improve, as do the discounts...

So I ask again what tax?

As electric cars become more popular and increase in numbers, how long do you think they will be zero rated for VED.  Not long I'd wager.  ;)

According to the article electric cars now attract 5% company car tax whereas that used to be zero.  So the Chancellor, whatever colour tie he wears will be watching carefully.  ::)
« Last Edit: 11 April 2015, 15:07:08 by Sir Tigger »
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Re: Will Subsidies End Soon When Buying A Milk Float?
« Reply #6 on: 11 April 2015, 15:06:28 »

I would expect that tax would go up too on these once folk have been suckered. Bit like Diesel going up once people had been encouraged to buy diesel powered vehicles.
What tax? They attract 20% vat same as any other car... if it's a company car, it's entire value can currently be written down in the first year. There is no rfl as they are zero rated due to producing no emissions at point of test. Any tax on the fuel is simply down to the price an individual pays for electricity, and if you are fortunate enough to run a higher powered Tesla Model S, then you can charge it for free, forever.

As for the £5000 grant, expect the manufacturers to freeze their prices... current rrps include the grant. If they're selling ever increasing numbers, then the margins improve, as do the discounts...

So I ask again what tax?

As electric cars become more popular and increase in numbers, how long do you think they will be zero rated for VED.  Not long I'd wager.  ;)

They wouldn't would they,
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Varche

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Re: Will Subsidies End Soon When Buying A Milk Float?
« Reply #7 on: 11 April 2015, 18:37:42 »

I would expect that tax would go up too on these once folk have been suckered. Bit like Diesel going up once people had been encouraged to buy diesel powered vehicles.
What tax? They attract 20% vat same as any other car... if it's a company car, it's entire value can currently be written down in the first year. There is no rfl as they are zero rated due to producing no emissions at point of test. Any tax on the fuel is simply down to the price an individual pays for electricity, and if you are fortunate enough to run a higher powered Tesla Model S, then you can charge it for free, forever.

As for the £5000 grant, expect the manufacturers to freeze their prices... current rrps include the grant. If they're selling ever increasing numbers, then the margins improve, as do the discounts...

So I ask again what tax?

I was being a bit flippant. My point is that there maybe allowances now for cheaper roadfund licence, congestion charges, or whatever but once people are hooked then they become the norm and so a legit target for the then current chancellor of exchquecor to load with revenue raising streams(taxes). meanwhile that same chancellor will give tax breaks on the latest whizz which by then will be flying cars, hydrogen or water powered vehicles etc. How long for example before charging points are used to raise money.?(Once everyone has an electric car and needs charging away from home)  You only need to look at government promises that are then broken like Humber Bridge Crossing which was going to be chargeable for a while and then free. It is still being charged..
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