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ADAC sees great savings potential in electric cars - especially for company cars

The automobile club confirms that many manufacturers are responding to the end of the subsidy with generous discounts. These reductions partly lower the monthly costs by over 100 euros. As a result, e-mobility is becoming significantly more attractive, especially for company car drivers, despite high electricity prices. However, those need to drop as well.

Again cheaper: Dacia prices the Spring like a combustion engine - and offers it starting at 12,750 euros. | Photo: Dacia
Again cheaper: Dacia prices the Spring like a combustion engine - and offers it starting at 12,750 euros. | Photo: Dacia
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Johannes Reichel

The abrupt end of government subsidies for electric cars in December has unsettled many customers and came too early, according to the ADAC. In view of the extensive financial burden associated with buying a car, planning is essential, says the motorists' association. In addition to the loss of confidence, the halt of the environmental bonus also means significant financial losses for buyers who had already ordered an electric vehicle.

On the positive side, the mobility club notes that the market has moved since the government support ended about six weeks ago. Those looking for an electric car now can enjoy some considerable discounts. In addition to the meanwhile partly expired takeover guarantees of manufacturers for the abolished state bonus, some brands are now offering significantly higher discounts or lowering prices – a notable difference for company car drivers, as a lower list price positively affects the taxable benefit in kind.

According to an ADAC survey (as of 02.02.2024), Dacia is currently offering a discount of 10,000 euros on the Spring Electric. The electric small car thus costs only 12,750 euros. VW is offering discounts of 4760 to 7735 euros on the ID models 3, 4, 5, and 7. Renault has lowered the list price of the Mégane E-Tech and it is currently being sold for 6400 to 7200 euros less. BYD is also reducing the sales price of the Atto 3, Dolphin, Seal, Han, Tang, and ETP3 models and offering substantial discounts, allowing buyers to save between 5588 and 19,040 euros.

Bargain time also at Fiat, Smart, GWM, Polestar, Nissan, and Tesla

Currently, there are bargains available at Fiat, Smart, GWM, Polestar, Nissan, and Tesla. Additionally, the American e-car manufacturer is offering its customers 0-percent financing. With a loan term of five years (no down payment, final payment of 19,637 euros), Tesla Model 3 customers can save over 12,000 euros compared to December 2023, according to ADAC calculations.

When considering the 7,020 euros discount that VW is currently offering on the ID.3 Pro (17.6 percent off the list price) in the ADAC car cost calculation, this results in almost 86 euros per month savings for customers (calculated over five years with 15,000 kilometers of annual mileage). The 10,000 euros discount granted by Dacia on the Spring Electric 65 Extreme even results in over 116 euros savings per month.

ADAC calls on manufacturers to not only temporarily boost e-car sales with lower prices but to ensure sustainable, affordable electric mobility. The announced entry-level models from various manufacturers, priced between 20,000 and 30,000 euros, like the already orderable Citroen e-C3 or the planned series versions of VW ID.2all and Renault 5, are, in the view of the mobility club, a step in the right direction. At the same time, lawmakers must ensure transparency and predictability in electricity costs.

Translated automatically from German.
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