4 ms·

In NL we have this subsidy for the rich.

radicalbyte 7y ago
The people I see driving around in Tesla (or large Audi/Volvo) here aren't really rich, more have a decent job and a willingness to spend a substantial amount of money on a car. I don't understand it personally, I prefer cycling and having my mortgage paid off but everyone to their own :) I guess if you're in your 50s then you paid very little for your house so it makes sense to pay the 1200 EUR a month net for a car.
- Tepix 7y ago
  If you can afford a car for 60k € you are among the top 10% richest persons on the planet.
  - zaroth 7y ago
    I mean, generally I do not disagree, but that makes a lot of assumptions about depreciation rate, interest rate, and OpEx.
- the-dude 7y ago
  I don't know the numbers, but a Tesla is specifically attractive for a business owner. The subsidy is absurd. The government has acknowledged this now, and it will tapered down / abolished. Not sure.
  - radicalbyte 7y ago
    The biggest subsidy is given to old cars - instead of using the new price you can use the market price. It's very common for business owners to purchase these old luxury cars with company money then pay 21% of the market price a year instead of 21% of the sale price. For electric cars you pay 4% of the new price for the first 50k then 21% over the rest. Your employer pays the lease itself (about 1.2k EUR for a Model 3 last I checked). Although this is marketed as a "tax cut to the rich" that isn't completely true. Most new car sales here come from leases. In 4 years time these cars will hit the second hand market and be bought by people like me. We should absolutely be increasing tax on the most environmentally unfriendly leases and using that money to fund the lower rate on pure electric cars. Let the SUV drivers pay.
C1sc0cat 7y ago
A lot of these electricity subsidies are for the rich or well off in the UK you could get a twenty year guaranteed 8% return on investment of 10k for solar. Which is great you like Me or my parents who have a spare 8-10k - if your a single mom living in rented accommodation who buys her electricity via a key not so much.
- pkaye 7y ago
  > buys her electricity via a key not so much. What does "via a key" mean?
  - the-dude 7y ago
    I am not sure of the current mechanism, but I know the UK has "coin" systems for gas ( heating ). So you would buy a coin, put it into your meter at home, and get a certain amount of gas. This is, of course, tailored at the poor.
    - C1sc0cat 7y ago
      And of course is more expensive see the Vimes Boot Theory

The people I see driving around in Tesla (or large Audi/Volvo) here aren't really rich, more have a decent job and a willingness to spend a substantial amount of money on a car. I don't understand it personally, I prefer cycling and having my mortgage paid off but everyone to their own :) I guess if you're in your 50s then you paid very little for your house so it makes sense to pay the 1200 EUR a month net for a car.

Tepix 7y ago
If you can afford a car for 60k € you are among the top 10% richest persons on the planet.
- zaroth 7y ago
  I mean, generally I do not disagree, but that makes a lot of assumptions about depreciation rate, interest rate, and OpEx.
the-dude 7y ago
I don't know the numbers, but a Tesla is specifically attractive for a business owner. The subsidy is absurd. The government has acknowledged this now, and it will tapered down / abolished. Not sure.
- radicalbyte 7y ago
  The biggest subsidy is given to old cars - instead of using the new price you can use the market price. It's very common for business owners to purchase these old luxury cars with company money then pay 21% of the market price a year instead of 21% of the sale price. For electric cars you pay 4% of the new price for the first 50k then 21% over the rest. Your employer pays the lease itself (about 1.2k EUR for a Model 3 last I checked). Although this is marketed as a "tax cut to the rich" that isn't completely true. Most new car sales here come from leases. In 4 years time these cars will hit the second hand market and be bought by people like me. We should absolutely be increasing tax on the most environmentally unfriendly leases and using that money to fund the lower rate on pure electric cars. Let the SUV drivers pay.

C1sc0cat 7y ago

A lot of these electricity subsidies are for the rich or well off in the UK you could get a twenty year guaranteed 8% return on investment of 10k for solar. Which is great you like Me or my parents who have a spare 8-10k - if your a single mom living in rented accommodation who buys her electricity via a key not so much.

pkaye 7y ago
> buys her electricity via a key not so much. What does "via a key" mean?
- the-dude 7y ago
  I am not sure of the current mechanism, but I know the UK has "coin" systems for gas ( heating ). So you would buy a coin, put it into your meter at home, and get a certain amount of gas. This is, of course, tailored at the poor.
  - C1sc0cat 7y ago
    And of course is more expensive see the Vimes Boot Theory