Budget changes to steer drivers’ vehicle choices, finds CLM survey
The research of more than 250 motorists, including fleet drivers, was carried out straight after the Budget and found that a total of 59% of respondents said they were less likely or much less likely to buy or choose a diesel as their next new car as a result of the rise in VED from April.
However, some 62% of respondents said the one percentage point increase in the Company Car Tax diesel supplement would not alter their buying decision for their next new car, although 30% said they would be more likely to choose a plug-in car and 17% responding that they would be less likely to choose a diesel car.
The research also found drivers were split over the Budget announcement of an extra £100m for the Plug-in Car Grant, with 49% of respondents saying it would make them more or much more likely to choose a plug-in car, while 51% said it would make no difference to their decision.
And while 40% of drivers also said they were more likely to choose a plug-in car as a result of the Government’s additional £400m investment in charging infrastructure, 60% of drivers said it would make no difference to their decision.