Big Motoring World increases finance contribution to £750 for EV buyers in Wimbledon
Following the runaway success of its recent electric vehicle (EV) finance contribution offer, Big Motoring World has increased the value from £500 to £750 and extended it to the end of the year to help more drivers in and around Wimbledon make the switch to electrified mobility.
With a continued focus on customer choice, Big Motoring World has recently expanded its offering to over 1,500 used EVs from 30 different brands. The local Wimbledon branch currently has EVs available from 22 different brands, with more high-quality cars arriving each day.
Customers purchasing a used EV from one of Big Motoring World’s 10 nationwide sales locations have access to preferential finance rates as low as 9.9% APR (11.9% APR representative). Once a finance deal is agreed – either as a Hire Purchase (HP) or Personal Contract Purchase (PCP) plan – participating lenders will add £750 to the customer’s deposit, meaning the buyer pays less upfront.
Alongside the Group’s standard 90-day warranty, customers can ensure full peace of mind with a ‘Big Assist Protect EV & Hybrid Warranty’, which can be purchased as a one-, two- or three-year package. The warranty will cover repair or replacement battery costs, up to a value of £10,000, with no limit on electrical parts for an EV or mechanical parts on a hybrid model. The package includes 12-month’s RAC breakdown cover and a guaranteed courtesy car if the customer’s vehicle cannot be repaired on the spot.
Big Motoring World’s comprehensive EV package has already generated record EV sales for the Group, year-to-date, with EVs comprising an 18% share of its total sales, double the figure (9%) across the same period last year. According to Autotrader*, Big Motoring World outperforms the market’s average for EV speed-to-sale by 30%, with its plug-in vehicles typically leaving the forecourt after just 21 days.
Laurence Vaughan, Chief Executive Officer at Big Motoring World, said: “We aim to provide our customers with the best choice and value available in the used car market. The majority of our stock is priced at 95% of the market value, and this expanded EV deposit contribution marks our commitment to make sure that price is not a barrier to electrification.”
