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BMW’s electric i3 charges in

BMW_i3
BMW i3

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31 July 2013

BMW i3 interior
All is luxury inside – the i3 is expected to find favour with affluent urban buyers

The big draw for business users comes in the form of the various government incentives electric cars attract.

As well as the £5000 plug-in car grant, the i3 qualifies for zero VED and is exempt from the London Congestion Charge.

On top of that, businesses get a 100 per cent capital write-down allowance and very low levels of National Insurance taxation, while business drivers using the standard battery-only i3 pay no company car tax. Lease rates are on a par with a 3 Series (click here for more about leasing rates for the i3).

The battery – a common source of worry for potential electric car drivers – is guaranteed for eight years or 100,000 miles.

The i3 can be given an 80 per cent charge in three hours using a special BMW i Wallbox, which customers can have installed at home for £315, after allowing for a 75 per cent government grant.

The i3 can be charged from a normal domestic socket instead, although this takes much longer, and owners also get access to BMW ChargeNow, which provides them with cashless access to the ChargeNow charging point network on a pay-as-you-go basis for a £20 annual fee.

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Ralph Morton

Ralph Morton

Ralph Morton is an award-winning journalist and the founder of Business Car Manager (now renamed Business Motoring). Ralph writes extensively about the car and van leasing industry as well as wider fleet and company car issues. A former editor of What Car?, Ralph is a vastly experienced writer and editor and has been writing about the automotive sector for over 35 years.

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