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Everything Electric Vehicles
Dynasty Electric was born out of the huge demand we are currently seeing in the UK Electric Vehicle market, whilst most consumers know that electric is the way forward its often hard to make a decision without some guidance.
Dynasty can help you select and finance the correct car for you or your business, and explain all of the jargon that comes with owning an electric car
We like to think we are a full service business, and can lead you all the way from selecting a car, getting a good deal, financing the vehicle, insuring it and installing the correct charger you need at home or the office to charge it. We also share our knowledge to assist you in claiming the current government grants which are available to lower your costs along the way.
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The benefits of electric
There are a range of clear benefits to owning an electric vehicle, from lower running costs to a better driving experience, the future is electric.
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Although the purchase price of an electric vehicle are normally higher than the purchase price of petrol/diesel cars, the time has come where electric vehicles are now beginning to even out in terms of costs.
Just like traditional fuel engine vehicles, the cost of running an electric vehicle varies depending on the model, make and specifics of the vehicle – it means there's an option for everyone.
The good news is that electric vehicles are likely to cost you less over the course of ownership. Electricity costs much less than petrol or diesel and electric cars require less maintenance than an internal combustion engine.
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Switching to an electric car can bring significant tax benefits for businesses and this is set to get even better from April 2020. For company car drivers and fleet operators choosing an electric car from April 2020, there will be zero tax on Benefit in Kind (BIK) during 2020 / 2021. This zero rate also applies to hybrid vehicles with emissions from 1 - 50g/km and a pure electric range of over 130 miles.
There are now 11 new tax bands for vehicles with emissions of 75g/km and below, some of which are linked to the electric mile range that the vehicle offers. So if you’re thinking of choosing a hybrid vehicle for your business then it’s worth investigating electric car benefit in kind 2020 before you choose.
The government has announced the tax rate for the next three years, helping businesses to plan ahead. The electric car tax on benefit in kind rate will increase to 1% in 2021 / 2022 and 2% in 2022 / 2023.
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The “OLEV Grant” is provided by the Office for Low Emission Vehicles (OLEV).
The OLEV Grant provides up to £350 off the cost of purchasing & installing a home charging point.
It’s available for most electric cars and plug-in hybrid cars, old or new.
You can claim one charge point per eligible vehicle and up to two eligible vehicles per household.
OLEV also offer the separate Workplace Charging Scheme (WCS) grant which can be claimed by any business, charity or public authority and provides up to £350 off the cost of purchasing & installing workplace charging points, up to 40 sockets.
The Dynasty Process
AUTOMOTIVE professionals, trusted to deliver
Buying a car doesn’t have to be a headache, using our motor industry experience, we will source the perfect car to your specifications, when you want it.