VAUXHALL LAUNCHES NEW PCP OFFERS ON ELECTRIC MODELS, BRINGING TOTAL MONTHLY OWNERSHIP COSTS IN LINE WITH PETROL VERSIONS

VAUXHALL LAUNCHES NEW PCP OFFERS ON ELECTRIC MODELS, BRINGING TOTAL MONTHLY OWNERSHIP COSTS IN LINE WITH PETROL VERSIONS

VAUXHALL LAUNCHES NEW PCP OFFERS ON ELECTRIC MODELS, BRINGING TOTAL MONTHLY OWNERSHIP COSTS IN LINE WITH PETROL VERSIONS
  • Vauxhall updates PCP presents to make the swap to electrical as accessible as potential
  • Offers accessible on All-New Astra Electric, New Corsa Electric and Mokka Electric
  • Introduction of Design trim helps to decrease the entry level to EV possession
  • Innovative five-year PCP permits funds to be unfold over an extended interval
  • More accessible finance: APR diminished to five.9% with important Vauxhall deposit contributions of as much as £7,000
  • Combined with financial savings on operating prices, these measures end in whole month-to-month price parity between electrical and petrol fashions
  • All-New Astra Electric is on the market from £420pm,* Mokka Electric from £389pm** and New Corsa Electric 136PS from £349pm***

To make the swap to electrical as accessible as potential, Vauxhall has launched up to date PCP presents on its newest Electric fashions, bringing whole month-to-month possession prices (together with operating prices) according to the equal petrol variations.

Vauxhall has carried out quite a few measures to scale back month-to-month funds when in comparison with earlier presents. The newest PCP presents can be found on All-New Astra Electric, New Corsa Electric and Mokka Electric.

Introduction of Design trim

Vauxhall’s entry-level Design trim is now accessible throughout its newest electrical passenger automotive fashions. This new entry level makes Vauxhall’s electrical vary extra accessible to shoppers trying to begin their electrical journey, while persevering with to ship a excessive degree of specification, with options corresponding to computerized LED headlights, parking sensors and cruise management included as customary.

More accessible finance

Unique amongst producers, Vauxhall’s modern five-year PCP permits month-to-month funds to be unfold over an extended interval, whereas decrease APR charges of 5.9% imply Vauxhall’s finance presents are actually extra accessible. Customers may profit from substantial Vauxhall deposit contributions of £7,000 on Mokka Electric Design, £5,400 on New Corsa Electric Design and £2,750 on All-New Astra Electric Design.

Total month-to-month price parity

Customers choosing electrical automobiles additionally profit from financial savings of roughly £120 per thirty days on operating prices. For drivers overlaying 833 miles per thirty days (just below 10,000 miles per yr), an All-New Astra Electric Design makes use of simply £13.88 of electrical energy, because of spectacular effectivity of 4.2 miles per kWh (WLTP). In distinction, an Astra Design 1.2 110PS makes use of £113.03 of gas per thirty days†.

Thanks to the present exemption on Vehicle Excise Duty (VED) for electrical automobiles, All-New Astra Electric, New Corsa Electric and Mokka Electric consumers save £15.62 per thirty days over 4 years in comparison with the equal petrol mannequin. Servicing prices are additionally cheaper, with a Vauxhall Fixed Price Service Care Plan costing £12.64 per thirty days on Electric fashions versus £19.57 for petrol fashions, representing a saving of £6.93 per thirty days.

Combined with the steps taken to scale back month-to-month PCP funds, this implies clients can take pleasure in near-identical whole month-to-month possession prices in comparison with equal petrol fashions.

James Taylor, Managing Director, Vauxhall, stated: “We are committed to making our electric models as accessible as possible, which is why we’ve taken a number of steps to reduce monthly payments for customers purchasing their car on finance. Combined with lower running costs for electric vehicles, this means that we can achieve total monthly cost parity between petrol and electric. So when customers walk into our retailers, they can focus on choosing the powertrain that is right for them.”

Vauxhall now presents six absolutely electrical passenger automobiles throughout its line-up and can supply a completely electrical model of each mannequin from 2024.

PCP finance examples

All-New Astra Electric

Model

OTR value

Monthly fee  

Running prices per thirty days†    

Total month-to-month possession price

PCP supply particulars

Astra Electric Design 156PS

£37,795

£420

£26.52

£446.52

5-years / 10,000 miles / 5.9% APR / £2,750 contribution / £4,363.67 deposit

Astra Design 1.2 100PS 6 Speed Manual

£26,960

£300

£148.22

£448.22

4-years / 10,000 miles / 9.6% APR / £3,000 contribution / £4,164.28 deposit

New Corsa Electric

Model

OTR value

Monthly fee  

Running prices per thirty days    

Total month-to-month possession price

PCP supply particulars

New Corsa Electric Design 136PS

£32,445

£359

£27.46

£386.46

5-years / 10,000 miles / 5.9% APR / £5,400 contribution / £3,152.38 deposit

New Corsa  Design 1.2 100PS 6 Speed Manual

£20,525

£239

£144.04

£383.04

4-years / 10,000 miles / 8.6% APR / £2,300 contibution / £2,917.74 deposit

Mokka Electric

Model

OTR value

Monthly fee  

Running prices per thirty days    

Total month-to-month possession price

PCP supply particulars

Mokka Electric Design 136PS

£36,610

£389

£27.46

£416.46

5-years / 10,000 miles / 5.9% APR / £7,000 contribution / £2,696.97 deposit

Mokka Design 1.2 100PS 6 Speed Manual

£24,660

£269

£150.31

£419.31

4-years / 10,000 miles / 8.6% APR / £3,650 contribution / £2,677.53 deposit


*5-years / 10,000 miles / 5.9% APR / £2,750 contribution / £4,363.67 deposit

** 5-years / 10,000 miles / 5.9% APR / £7,000 contribution / £2,696.97 deposit

*** 5-years / 10,000 miles / 5.9% APR / £5,400 contribution / £3,152.38 deposit

†Based on petrol at £1.56 per litre and residential charging at £0.07 per kWh.