Is getting an EV in 2020 a no brainer?

[sprinty]

Hi,

What with the BiK going down to 2% in 2020 would I be stupid not getting an EV then?

I would be able to put it through my LTD company and with that low BiK surely it would make sense?

Annoyingly I was one of the first people in the UK with a M3 deposit down but got fed up with the date moving back and back so refunded my deposit.

[sprinty]

Thanks for the reply, I guess in this part of the forum M3 means Tesla Model 3.

I was unaware there was a waiting list for the BMW M3.

Do you know anything about the BiK rates in 2020 and if it would be a no brainer?

[sprinty]

I'd agree with that, TM3 does make more sense (although I suspect next time I use it someone will also moan at that such is Pistonheads these days)

I have owned 2 BMW M3's so it does seem somewhat jarring, however when talking about EV's I thought m3 would be obvious.

With regards to the already a no brainer I'm not so sure, yes you do save in fuel costs (had an i3 for 2 years) but it still feels like you are hammered when paying 17% BiK.

Once it goes to 2% it would be a lot more palatable.

I'm asking once this happens will there be any downsides? (for a commuter of course)