Drive a MyCar from as little as 50p per day!

As the new tax year starts, evstores, London’s new independent electric vehicle retailer, suggests that companies and their employees take a serious look at choosing their next company car to be electric.

The new MyCar, electric car of the Year 2008, is available for less than 50p per day tax liability for a standard rate taxpayer. With benefit in kind charges calculated at 9% only, even a high rate tax payer would pay less than a £1 per day in tax. And with only the low cost of the electric charging (less than 2p/mile), you’d struggle to buy a bicycle for that never mind using public transport or a car! And for good reasons: electric cars emit less greenhouse gasses than either the average car or bus*.

And it is not just employers who can benefit: employees who by the vehicle are allowed 100% corporation tax write-down in the first year. That can be as much as 28% straight off the purchase cost of the vehicle. Maintenance and insurance costs are very low and Congestion Charges and Road Tax disappear altogether!

In Westminster parking is free and with the London Mayor’s enthusiasm for electric cars it is difficult to see how incentives in London won’t get better still.

At £9,995 on the road including tax and batteries the MyCar offers savings to all: the employee, businesses and the climate. Call us now!

* based on TfL published CO2 per passenger/mile emission data