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Used car buyers on the 'road to zero' with CO2 emissions offset scheme

iOffset founder Mark Hammond and John Wallworth, managing director at Motor Depot

Used car buyers can support the UK's journey to net zero CO2 emissions by 2050 targets thanks to the launch of the iOffset carbon offset scheme.

iOffset’s commercial partnership with the independent car retailers will see the dealerships offer the projected future emissions of every used car sold for the first year of ownership - up to a maximum 10,000 miles.

While the UK government has set a deadline of 2035 for all new cars sold to be free from emissions, Motor Depot and have taken a step forward to ensure consumers can make an impact on climate change by purchasing a used car that guarantees its emissions will be offset.

Steve Butterley, managing director at Motor Depot, said: “For many customers that visit our showrooms and forecourts, the prospect of an electric car is impractical and early-adopter pricing is out of reach.

“Modern eco-conscious car shoppers are desperate to do the right thing, but to date have not had a viable alternative to the traditional used car.

“Used cars are an eco-friendlier option than a new car simply by the nature of being a recycled product and we’ve now brought to market a new type of used car in partnership with iOffset, one with the emissions offset for the first year or 10,000 miles of ownership, in a UK industry first.”

The carbon-streaming service’s offset as a service (OaaS) model enables it to offset any product, service or transaction in full or in part, enabling investment into accredited projects that prevent an amount of CO2 equal to a product’s carbon footprint, through afforestation schemes, renewable energy and emerging technologies in carbon capture in storage.

Researcher, Professor Mike Berners-Lee, and his team Small World Consulting, have helped develop iOffset’s carbon use examples to enable people to make lifestyle choices that reduce their carbon footprint and for businesses to better understand their negative emissions impact.

Mark Hammond, founder of iOffset, encourages other individuals and businesses to examine their practices and how they can reduce and offset their CO2.

He said: “I congratulate Motor Depot for being the first in the auto retail market in the UK to embark on this as part of their service, and hopefully this initiative will be a catalyst for many dealers and other businesses around the world to push forward more environmentally-friendly operations on the journey to net zero.”

AM100 2020 revealed: Webinar with special guests

The annual AM100 list of the biggest and best in automotive retail will be revealed at an AM100 webinar next week by AM and our new research and analysis partners, accountancy firm BDO.

Joining BDO's head of motor retail Steve Le Bas and AM editor Tim Rose to discuss the 2020 AM100 findings and the critical issues that motor retailers have been overcoming are three special guests from large AM100 groups are:

  • Darren Edwards, chief executive of Sytner
  • Stuart Foulds, chief executive of TrustFord
  • Peter Smyth, director of Swansway Group

The AM100 webinar is free to attend but viewable only by attendees who register.

Watch the recording now.

Register now

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