BMW is offering an additional £2,000 for consumers looking to trade Euro04 standard diesel cars for a new BMW or Mini, on top of the normal trade in value.

Termed the ‘Lower Emissions Allowance,’ the extra trade in value can be used on all new BMW and Mini vehicles with emissions of 130g/km or less, including the BMW i3, i8, and the MINI Countryman PHEV.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

In order to qualify for the allowance, a prospective customer will need to trade in a diesel-powered Euro-4 standard or older vehicle, of any brand, and their chosen replacement car must be either an all-electric car, such as the BMW i3, a plug-in hybrid or a Euro 6-standard vehicle with CO2 emissions of 130g/km or less (NEDC).

BMW said over 80% of the vehicles in its range fell into that category, alongside 70% of the Mini range.

The allowance offered will be in addition to any other government or retailer incentives that are currently in place.

One extra term to be aware of the previous vehicle must have been owned for at least 12 months and the new lower emissions vehicle must be purchased in the same name and address as the older car it is replacing.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Graeme Grieve, chief executive officer of BMW Group UK, said: “We know in the early phases that people still need some incentive to make the jump to fully electric or plug-in hybrid vehicles and that is why we are delighted to announce this new allowance. For those who the alternative drivetrains do not suit their lifestyle we still offer allowance qualifying Euro-6 compliant petrol and diesel engine cars that are cleaner than ever.”