Number plate changes will see electric car prices fall by over £2,000 in five percent drop

NUMBER plate changes introduced from Monday will see electric car prices dramatically fall by over £2,000, according to experts at Octopus Electric Vehicles.

Number plate changes will ensure a spate of discounts on older models with some electric cars set to fall by £2,208 on average in a 4.7 percent decline. DVLA plate launches usually lead to a dramatic boost in sales for the market with experts predicting September could be the best month for the industry in 2020 after months of lockdown.

Dealerships often sell a lot of their older stock to make room for the latest models and plates which cleaves customers able to secure great deals.

An Octopus Electric Vehicles spokesperson told Express.co.uk: “For those looking for a September bargain, EVs are already being offered with discounts of five percent on average.

West Sussex Council Fleet Goes Electric With Renault ZOE (Image: Renault)

West Sussex Council Fleet Goes Electric With Renault ZOE (Image: Renault)

“That’s over £2,000! – as the new registration plates come in.

“Not only that but with running costs at just a couple of pence a mile.

“Potentially saving drivers thousands of pounds a year, EVs really are a no brainer for those watching the pennies.”

Electric car sales have boomed so far in 2020 with sales up 174.6 percent year on year.

July recorded another major surge for fully electric models with sales up a massive 259.4 percent when compared to last year.

Changes in electric car tax have helped the cars finally get off the ground while plug-in hybrid grants have offered extra incentives.

Read more: Express

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