There is often talk of aid for the purchase of electric vehicles, with projects such as the Moves Plan, to rejuvenate the vehicle fleet. Also about the approach of this program, by leaving out combustion models. However, now a study raises another question for us and it has to do with the company cars. This channel currently has a lot of weight in car sales, representing just over half. And in this area we could see a totally opposite effect to that of aid to individuals.
In this case we are not going to talk about direct and effective sales, but rather when companies offer them to their employees. There are two formulas to make that happen, include it as a salary supplement or grant a salary increase to be acquired privately. In this type of compensation in kind it has been proven that Combustion cars are more economically interesting than electric ones due to the different tax benefits. It has been mainly observed in SUVs and large vehicles.
It is curious that when a user has the option of taking a company car, it is more advantageous to opt for a combustion one. For an electric to come out better, it would have to receive a salary increase to acquire it privately. To provide evidence, the study of Transport & Environment has made a comparison between similar models from the same brands, first in combustion versions and then their electric counterparts. In the case of the BMW benefit of 70 euros for the employee when hiring him from the company. However, doing the same with an iX3 would cost you 498 euros more if you registered it privately.
It is the most blatant case for the difference of more than 500 eurosbut in other brands it is similar. In the case of the Volvo It is somewhat worrying because in Spain these types of vehicles, normally medium/large size SUVs represent 45% of vehicles obtained as remuneration in kind.
The reality is that these types of cars receive on average tax advantages of 131 euros when they are combustion and just 9 euros when they are electric. In other countries the opposite situation happens, but in Spain it is different and is causing electric penetration to be behind. While the private channel is gradually increasing the share of electric vehicles (6.2%), in the business channel the progress is slower (3.7%). In Spain the problem is that the value attributed to the vehicle is high and They barely enjoy tax benefits regarding acquiring it privately.