8 ms·

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

• 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.