The government's new Electric Car Grant (ECG) is creating opportunities in the leasing market, and forward-thinking operators are already positioning themselves to win.
With two bands: £1,500 for cars that meet some environmental criteria and £3,750 for the most sustainably produced cars - both bands subject to a maximum price of £37,000 including VAT, delivery/admin fees and any option affecting the capacity of the battery, drive train configuration or maximum net power - this represents a possible 10% discount, before any additional OEM support is factored in.
Whether you are a leasing company or a broker, Accelerate seamlessly integrates grant calculations, eligibility verification, and compliance tracking into your customer journey – all while maintaining the speed and service your clients expect.
For leasing companies:
- Build your ratebooks faster and more flexibly, automatically including ECG eligibility without limitations on the number or size of ratebooks that can be created.
- Fully optimise your pricing and procurement with our unique discount management solution, trusted by FN50 leaders.
For brokers:
- Include the ECG directly into your pricing calculations, enabling you to maximise the opportunities provided by running your own procurement operation.
- Clearly display ECG eligibility on your electronic quotations, visible from your own customer portal.
Those that can efficiently manage the ECG will capture the surge in electric vehicle demand, while those stuck with manual processes will watch deals slip away.
If you're running an ambitious leasing funder or broker and want to dominate the EV market while your competitors are still figuring out spreadsheets, let’s talk. The grant opportunity won't wait, and neither should you.
Contact us!
To find out more about how Accelerate can help your customers take advantage of the ECG
