Mitsubishi Motors announce MiEV UK pricing

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

For orders delivered to the customer from January 1st 2011, to coincide with the UK government’s recently announced Consumer Incentive Scheme, the price has been set at £33,699 including VAT ($50,685.14 USD) The government grant will be worth £5,000 off the purchase price of qualifying electric and plug-in hybrid electric vehicles, reducing the price to £28,699 ($43,152.34 USD)

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

- 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)
- Free parking in many London boroughs and cities such as Milton Keynes
- Expected high residual values due to high demand outstripping supply for several years to come

Mitsubishi’s newly opened Electric Vehicle Centre in Central London has already taken its first orders for delivery in January, and enquiry levels have soared following the Government’s consumer incentive announcement on 25th February

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