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.
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.
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.”