Jaguar Assigns Additional Production Of I-PACE To The Netherlands

AUG 19 2018 BY MARK KANE 25

Jaguar’s importer in the Netherlands expects to sell 3,500 I-PACE this year

Netherlands is experiencing high demand for high-end electric cars this year, caused by upcoming changes in BiK tax rates to a less favorable set up.

  • Current BEV BIK tax: 4% for full price
  • From January 1, 2019: 4% tax will be applied only to the amount of up to €50,000. The amount above €50,000 will be taxed 22%

At prices of about €100,000 (many Teslas and Jaguar I-PACE First Edition), purchasing by the end of this year will save you around €10,000 on taxes compared to waiting until next year.

It would explain why Tesla sales surged this year to 1,763 Model S and 1,242 Model X in the first half of the year.

Jaguar I-PACE starts at about €79,180 in the Netherlands (€103,630 for First Edition), which means that the savings are significant.

Importer of Jaguar decided to increase the number of assigned I-PACE from 2,000 to 3,500, which not only is a tremendous result (if those cars actually sell), but also would lead to a record year for Jaguar in the Netherlands (previous best for the brand was 1,427 of all models in year 2000).

Source: nu.nl

Categories: Jaguar

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25 Comments on "Jaguar Assigns Additional Production Of I-PACE To The Netherlands"

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Piet

The savings will be even bigger: its a yearly tax of 22% added as income, so €50.000 X 0.22 (BIK rate for part above €50K) X 0.42 (income taxrate) = €4.620/yearly plus €50.000 X 0.04 (bikrate for first €50K) X 0.42 (income taxrate) = €840/yearly = total of €5.460/yearly in 2019.

Compared to the current system the savings will be huge (€100.000 X 0.04 (current BIK rate) X 0.42 (income taxrate) = €1.640/yearly (2018). Difference is €3.820 each year.

This is why there will be 0 Tesla’s (S & X) sold next year – the taxrate will just be too high – people will buy cheaper vehicles with a BIK rate of 4% (Kona, Niro, Leaf, eGolf, Zoe, Model 3 (if ever in EU), etc, etc etc)

Niels777

Ofcourse not, a Tesla is still a good choice no road taxes, low maintanance, low tax on first 50k. Tesla is still the only electric car you can own as your only car if you want to make trips. Nobody wants to wait hours for charging

przemo_li

Don’t feed the troll. Tesla as a special snowflake is old song. People buy expensive cars. Always will. Tesla have sufficiently low price for mass production. Those are not $1-3m cars.

David Green

Wow, I-Pace is going to have good marketshare in the premium segment in the Netherlands this year for the new guys on the block…

ffbj

First they must produce them.

David Green

Magna is cranking them out now, they are stacking up at dealers throughout Europe, but waiting for a software update before deliveries get going.

CDspeed

Any idea what the software update is for? Electrek reported that quick charging can be brought up to 110, and as high as 120 kw with an OTA update.

David Green

I think they are working on the BMS software, and the infotainment. I just hear from rumors though, so no certainties.

CDspeed

Ok, thanks for the info.

przemo_li

Higher charging is no reason to withhold deliveries. What don’t they have OTA uodates? Is it 1800 again? 😉

On a seriois note. Hold up would only make sense if current software does below advertised rate or is dangerous to the hardware.

Take it now, come back in a few weeks for a free upgrade, would only get then free good will if current sw is otherwise OK

David Green

“I think” the holdup is more about the infotainment… I-Pace does have OTA capability, but they want to fix the most complained about flaws before they start deliveries. We have friends that have a Range Rover Sport that has the same infotainment, its their only complaint about the Range Rover, and they have had to update it a couple times in the first few months.

https://www.bloomberg.com/news/articles/2018-03-22/blackberry-adds-jaguar-to-its-roster-of-automaker-partners

Terawatt

Seems odd to me, unless it’s security-related. They have OTA updates, and delivering as promised with a minor update coming in a few months would provide much better optics than the current mess that makes them look amateurish like, dare I say it, Tesla.

David Green

Actually I think just the opposite, holding back the cars and making them right looks much more professional then trying to meet a delivery target with functional problems…

Chris O

Looks like Model 3 will fit the Dutch tax system like a glove once it’s available in Europe next year. The only ~€50K BEV with decent range and charging infrastructure support, will there even be any other cars be leased in the lower luxury class segment?

Seven Electrics

The Model 3 is not available for lease. Tesla cannot yet find a bank willing to take the risk on the resale value in three years’ time. They had the same problem with the S, but eventually they worked through it and could dispense with their own resale guarantee.

MaartenV

Practically the whole fleet of cars over €35,000 is leased through fleet management companies in the Netherlands.

antrik

Strange, they claimed they will likely start leases next year…

David Green

Kona?

John Doe

The extra cars to the Netherlands have resulted in other customers have to wait 1,5-2 month longer before they get their car.
Some say they har to wait for more LED Matrix headlights too.

Seven Electrics

I assume the door handles on the production version pop out automatically, as on the S. That’s nice.

Richard

Why don’t electric cars add roof solar to increase battery life and get consistent free charging when driving and also when parked in the sun?

MaartenV NL

Roof solar is hardly enough for the parking lights.
Not really effective.

Mr. M

you get maximal 20miles per day in full sunshine. not worth the effort most of the time.

MaartenV NL

The extra cost for the more expensive BEV in the Netherlands is tax (41% or 52%) * 18% over price above €50,000 for 5 years.
Nearly all drivers of cars over €50,000 are in the 52% percent tax bracket.

The extra tax will be 5(years) * 52% (tax rate) * €9,000 (18% of €50,000) = €23,400 less tax incentive than before 1/1/2019.

That is still a tax incentive over a competing Audi, BMW, MB of €23,4000 + 5 years road tax (€1,000/y -€1,500/y) + €20,000-€30,000 special sales tax (BPM). It can be more if you are self employed.

A €100,000 Jaguar I-Pace or Tesla Model S can expect a tax incentive of ~€ 50,000.
The question with this ridiculous lavish incentive scheme is why not a lot more BEV are driving around in the Netherlands.

The simple answer is that not enough people know and understand this incentive scheme.
€ 10,000 on the hood of every fully electric car with an extra €150 for every kWh over 25kWh battery capacity would have been far cheaper, fairer and more effective.

Terawatt

No mention yet of Jaguar having had to lower their EU (WLTP) range rating..? It was only a small reduction, from 480 to 470 km, but a bit embarrassment.