BMW's trade-in scheme
BMW Ireland has announced its plans to offer owners of older diesel cars an additional €2,000 off the price of any new BMW and MINI vehicles that have emissions of 130g/km or less.
This incentive, which applies to trade-ins of all brands of vehicles provided it is diesel and either Euro 4 standard or older. Prospective buyers must have owned the trade-in for a minimum of 12 months and the new vehicle must be purchased in the same name and address as the car being traded-in by the customer.
The Euro 4 emissions standard was introduced in January 2005 and applied to vehicles up until September 2009, when a higher standard was implemented. If you are unsure as to whether your vehicle would qualify, BMW Ireland has created a website in which you can check its eligibility by entering your vehicle's registration number - www.BMW.ie/loweremissionsallowance
In addition to the standard €2,000 contribution, many of BMW Ireland's existing models also come with offers to help promote new vehicle sales. This means that on models such as the BMW 330e plug-in hybrid, a buyer can save up to €12,500 off the original on-the-road price when the SEAI grant and VRT rebate for plug-in hybrids are included. For those considering a move to a fully electric vehicle, the BMW i3 can now be purchased for €5,000 less, in addition to the €10,000 SEAI grant and VRT rebate, making it €32,180 on-the-road.
It isn't just plug-in hybrids and electric vehicles that qualify for the additional €2,000 trade-in bonus; many of BMW's smaller sized models such as the 1, 2, and 3 Series ranges with both petrol and diesel engines also meet the criteria of having emissions below 130g/km.
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