24/03/2010

i-MiEV UK Pricing Revealed

Mitsubishi Motors has announced the on-sale price of the Mitsubishi innovative Electric Vehicle – the i-MiEV.

For orders delivered to the customer from 1 January 2011, to coincide with the UK government’s recently announced Consumer Incentive Scheme, the price has been set at £38,699 including VAT.

The government grant will be worth £5,000 off the purchase price of qualifying electric and plug-in hybrid electric vehicles, making the transaction price £33,699 including VAT.

The ultra-low running costs of the i-MiEV are a key advantage over other cars, with additional incentives.

Only £115 fuel costs for 12,000 miles driving (£0.96 pence for a full charge).

Low servicing costs and downtime – only approximately 4 working parts compared to over 300 in a typical internal combustion engine.

Exempt from road tax (saving approx £300 per annum). First year capital allowances for fleet vehicles.

Zero benefit-in-kind company car tax. Lower rate of VAT for domestic electricity. Exempt from congestion charge (saving up to £2,000 per annum).

Lance Bradley, Mitsubishi Motors UK’s Managing Director, said: "These are exciting times for the motor industry in the UK.

"This is the biggest change in the automotive industry since it began some one hundred years ago, so to be able to offer our zero emissions car for this price is a truly great achievement."

(PR)

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