It is widely accepted that electric vehicles are better for the environment, by virtue of having zero Carbon Dioxide emissions. There are many additional benefits to a Pivotal electric vehicle subscription. However, vehicle subscription can be a bit of a mindset shift from traditional vehicle ownership.
We make it easy to break down why it makes complete sense to subscribe to an electric vehicle:
1. super small Benefit in Kind rates
The benefit-in-kind (BiK) rate is set at 2% for electric vehicles, this very low rate has been extended until 2025 for all vehicles which emit 0g/km of CO2. This compares very favourably against the maximum tax rate of 37% for vehicles which emit 160g/km of CO2. This means that driving an EV will have a minimal impact on an individual’s tax liability.
The reason for the low BiK rate is to incentivise vehicles which do not detrimentally impact the air quality in towns and cities across the UK. The Government has a big focus on reducing the number of high emissions vehicles across the country, looking to end the sales of new petrol and diesel cars to end in the UK by 2030.
Not only is driving an electric vehicle smart for the planet, but it also adds up if you are paying financial attention.
2. Ultra Low Emissions Zones & Clean Air Zones
With the increasing number of cities adopting Ultra Low Emissions Zones across the UK, you can enjoy peace of mind with a Pivotal Electric Vehicle Subscription. Your Pivotal Electric Vehicle will not only be exempt from up to a £12.50 daily charge, but we have pre-loaded your vehicle with the exemption permit, saving you the administration. In London, the zone currently covers all areas within the North and South Circular Roads, but will extend across all London Boroughs from 29 August 2023.
Cities across the UK are also adopting similar zones, are described below:
Types of clean air zones
There are 4 types of clean air zones, Class A to D. Class A zones are the most relaxed, and Class D zones with the most strict requirements.
|Vehicle Types Impacted
|Buses, coaches, taxis, private hire vehicles
|Buses, coaches, taxis, private hire vehicles, heavy goods vehicles
|Buses, coaches, taxis, private hire vehicles, heavy goods vehicles, vans, minibuses
|Buses, coaches, taxis, private hire vehicles, heavy goods vehicles, vans, minibuses, cars, the local authority has the option to include motorcycles
Cities in the UK which have Class C clean air zones include: Bath, Bradford, Tyneside, Sheffield.
Cities in the UK which have Class D clean air zones include: Birmingham, Bristol,
To avoid being charged in a clean air zone, vehicles must meet the clean air zone minimum standard of Euro 4 (less than 1.0g/km of Carbon Dioxide emissions) for Petrol vehicles and Euro 6 (less than 0.50 g/km of Carbon Dioxide emissions) for diesel vehicles.
3. Home charging installation
A barrier to purchase for an electric vehicle can be getting your head around how and where to charge your vehicle. We want to make sure that our customers do not experience this barrier.
Watch this space for an upcoming promotion which will remove any of these concerns on how and where to charge your Jaguar I-PACE.
4. Subscription is a flexible alternative to vehicle ownership and leasing
With a Pivotal membership, you have no more long commitments, you may pause after just three months. Simply, subscribe and drive away in the latest model electric vehicle. Currently, our available Electric Vehicle is the Jaguar I-PACE.
Rather than locating and visiting a dealership to test drive and purchase a vehicle, Pivotal will ensure that your vehicle is delivered to your house or place of work when it’s convenient for you.
We have a team of delivery specialists who will guide you through the entire process. From enquiry, to onboarding, to delivery.
5. No debt/financing
After paying your one-off joining fee, all you need to pay is the monthly subscription fee, and you are away driving in your stylish and savvy electric vehicle.
You no longer need to go through the time-consuming process of consulting with a finance provider to be able to access a new vehicle.
All this, combined with current lead times when ordering a new vehicle, it has never been a better time to subscribe to a Pivotal EV.
If you are interested in speaking to a Pivotal expert about our electric vehicle subscriptions, please fill the form out below.