Finance Offers For The Mitsubishi i-MiEV Confirmed

Mitsubishi i-MiEV

Mitsubishi i-MiEV

Mitsubishi Motors in the UK has confirmed competitive finance offers for the Mitsubishi i-MiEV fully electric vehicle. Independent advisors CAP have predicted the Mitsubishi i-MiEV will retain 43% of its on the road price after the £5,000 government incentive P-ICG and after three years and 30,000 miles which is better than most combustion engined rivals.

The ultra-low running costs of the Mitsubishi i-MiEV are also a key advantage over other cars, with additional incentives including 'fuelling' for as little as £1.05 per full charge (if using Economy 7 tariff), low servicing costs and downtime. The Mitsubishi i-MiEV is also exempt from road tax, is free from the London Congestion Charge and is entitled to free parking in some London Boroughs and cities such as Milton Keynes.

Company car drivers will further benefit as the Mitsubishi i-MiEV is not subject to Benefit-In-Kind tax. Furthermore, businesses will benefit as they can write-down the vehicles full value in the first 12 months.

Mitsubishi Contract Motoring are offering a non-maintained Contract Hire package over a 48 month period:

Vehicle Price
(After P-ICG Grant)
OTR (After P-ICG Grant)
& First Registration Fee
Rental Period Profile Monthly Rental
£23,990 £24,045 48 Months 3-0-47 £399

From January 2011, Finance Mitsubishi are offering a Balloon Personal Loan, like the example below for i-MiEV customers:

Vehicle Price
(After P-ICG Grant)
OTR (After P-ICG Grant) & First Registration Fee Deposit 47 Monthly Payments Final Payment Total Amount Payable
£23,990 £24,045 £4,635.00 £399 £6,459 £29,847
          APR 11.7%

Personal Loans are also available to customers from Finance Mitsubishi:

Vehicle Price
(After P-ICG Grant)
OTR (After P-ICG Grant) & First Registration Fee Deposit 59 Monthly Payments Final Payment Total Amount Payable
£23,990 £24,045 £5,596 £399 £399 £29,536

Mitsubishi Motors in the UK are due to announce their EV Sales Centres on 10th January 2011.

Published 4 January 2011 Staff

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