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Making the switch: The advantages of electric vans

Electric vehicles (EVs) are no longer a novelty but an integral part of the UK road landscape. As the world shifts its focus towards reducing emissions and finding eco-friendly alternatives to traditional fuel-powered engines, the popularity of EVs, particularly electric vans, is set to soar.

Why choose electric vans?

Cost Savings: Making the switch to an electric van can lead to significant long-term cost savings, potentially up to 80% in terms of basic running costs compared to traditional fossil fuel-powered vans. With lower electricity costs compared to petrol or diesel, you’re already off to a great start in terms of financial savings. 

Reduced Maintenance Costs: Electric vans have fewer moving parts compared to their internal combustion engine counterparts. This translates to reduced maintenance costs over the life of the vehicle. Additionally, regenerative braking – a feature in many electric vans – recycles energy typically lost during deceleration, saving wear on brake pads and further reducing maintenance expenses. 

Environmentally Friendly: Electric vans are environmentally friendly, emitting zero harmful emissions during operation. This makes a significant impact in reducing pollution, especially in urban areas where vehicle emissions are a pressing concern. 

Government Endorsement and Incentives: The UK government strongly endorses the shift to electric vehicles. As a result, electric vans are exempt from congestion charges, encouraging their adoption. Furthermore, UK motorist can benefit from the plug-in vant grant, a financial incentive aimed at reducing the initial cost of purchasing an electric van. The grant amount varies based on the van’s gross vehicle weight (GVW) and can cover up to a significant portion of the purchase price. 

  • Vans with GVW less than 2.5 tonnes: Up to 35% of the purchase price, capped at £3,000.
  • Vans with GVW between 2.5 and 3.5 tonnes: Up to 35% of the purchase price, capped at £6,000.
  • Vans with GVW of 3.5 tonnes or more: Eligible for a small trucks grant, up to 20% of the vehicle’s value, capped at £16,000. 

Road Tax Exemption: In addition to the grant, electric vehicles are currently exempt from road tax, providing additional financial relief to owners. 

With such compelling reasons and incentives, transitioning to an electric van is not just an environmentally conscious choice but a financially prudent one too. The electric revolution is here, and it’s time to embrace a greener, more sustainable future.

At Motor Loans R Us, we’re committed to assisting you in navigating the financing options for your electric vehicle. If you have any questions or need further guidance, don’t hesitate to reach out. Drive towards a cleaner more efficient future!

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