Mitsubishi’s i-Miev electric vehicle is priced at £399 a month over a 48 month period which prices the car at £24,045 after the Government’s £5,000 plug-in car grant.
Finance Mitsubishi will also be offering a balloon personal loan with a deposit of £4,635, 47 monthly payments of £399 and then a final payment of £6,459.
Mitsubishi says the i-Miev costs approximately £1.05 for a full charge and has “low servicing costs”.
The 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 i-MiEV is not subject to benefit-in-kind (BIK) tax. Furthermore, businesses will benefit as they can write-down the vehicles full value in the first 12 months.
Mitsubishi is due to announce the locations of its 10 electric vehicle dealership specialists on January 10, 2011.