The government has announced that a partial value-added tax will be imposed on electric cars from the new year. This means that cars costing more than 500,000 NOK will receive a 25 percent value-added tax on the amount over half a million NOK.
We took a look at the registration stats for the last quarter and found the most popular electric cars that will fall under the magic threshold of VAT. The conclusion is that you still have many exciting VAT-free electric cars to choose from.
This will be the value added tax
However, the top three sellers in registration statistics do not fall under the VAT limit. Both are number one, Tesla Model Y, number two, Volkswagen ID. 4 GTX and the third, Skoda Enyaq, are so expensive that they receive VAT from the new year.
In any case, it will not have a significant impact on the prices of many of these cars. If the cost of the car is NOK 600,00, you will receive VAT in the amount of NOK 100,000, which means an increase in the price of NOK 25,000. Some car dealers are already declaring a price cut corresponding to such additional VAT charges.
waives value added tax
The most common car that slips under VAT limits is the Tesla Model 3. Admittedly, you have to deal with the one with the smaller battery. You also don’t get all-wheel drive, which many people prefer.
Then follows the Hyundai Kona Electric, the less expensive versions of the Volkswagen ID. 4 and award-winning Nissan Leaf. With a starting price of NOK 240,000 including winter wheels, you can get plenty of cars for the money, even if the range for this cheaper version isn’t long.
New unites on the way
New electric competitors like Nissan Ariya, Toyota bZ4X and Renault Mégane E-Tech are on their way as well, but they haven’t got enough cars for customers to confirm their presence on the bestseller lists.
Here are the ten most popular electric cars that end up under the VAT threshold. The data is obtained from the Road Traffic Vehicle Data Information Council. We included in the price the costs of transportation, registration (NOK 10,000) and a winter wheel package (NOK 10,000). These prices can vary slightly. In parentheses after the name is the location of the vehicle in the registration statistics for the past three months.
Tesla Model 3 (5)
One of the most popular electric cars in Norway in recent years. For under 500,000 you only get the cheapest version with rear wheel drive and the smallest battery.
Height: 4.69 meters. Battery: 65 kW. Range: 491 km. Maximum charging speed: 170 kW. Horsepower: 283. Trunk: 425 liters. Trailer: 0 kilos. Price from NOK 442,390.
Hyundai Kona Electric (10)
A compact electric car that has been selling very well for several years and still asserts itself at the top. It comes in standard and long range versions.
Height: 4.21 metres. Battery: 39.2 / 64.0 kW. Range: 305/484 km. Maximum charging speed: 100 kW. Horsepower: 136/204. Luggage compartment: 332 liters. Trailer: 0/300K. Price from NOK: 326,000 / 390.000.
Volkswagen ID. 4 (12)
An electric family car with good interior space and good range. Below the VAT limit, only the version with back-wheel drive comes.
Length: 4.58 metres. Battery: 77.0 kW. Range: 529 kilometers. Maximum charging speed: 135 kW. Horsepower: 174. Trunk: 543 liters. Trailer: 1000 kilos. Price from NOK: 462,900
Nissan Leaf (14)
The Nissan Leaf helped kick-start the electric car adventure in Norway and the second generation is still selling well. Here you get a lot of cars for the money. You can choose between two battery packs.
Height: 4.49 meters. Battery: 39.0 / 59.0 kW. Range: 270/385 km. Maximum charging speed: 50 kW. Horsepower: 150/218. Boot: 435 liters. Trailer: 0 kilos. Price from NOK: 240,000 / 304,000.
Audi Q4 e-tron (15)
This is the most popular Audi electric car at the moment, and therefore also the car with the longest delivery time. Cheaper with two-wheel drive costs less than 500,000, but most people choose a lot of equipment and all-wheel drive.
Length: 4.59 meters. Battery: 76 kW. Range: 512 km. Maximum charging speed: 135 kW. Horsepower: 204. Trunk: 520 liters. Trailer: 1000 kilos. Price from NOK: 481,900.
Kia EV6 (16)
One of Norway’s most popular electric cars, the importer is struggling to get enough cars. For under NOK 500,000, you only get the version with rear-wheel drive and the smallest battery.
Height: 4.68 meters. Battery: 58.0 kW. Range: 394 km. Max charging speed: 180 kW. Horsepower: 170. Luggage: 520 liters. Trailer: 750 kilos. Price from NOK: 481,900.
Ford Mustang Mach-E (17)
One of the electric cars that gave the longest run for the money. Below the VAT limit, only the cheapest version will come with a back payment.
Height: 4.71 metres. Battery: 70.0 kW. Range: 440 km. Maximum charging speed: 115 kW. Capacity: 269. Boot: 402 liters. Trailer: 750 kilos. Price from NOK: 486,700.
Volkswagen ID. 3 (18)
A compact electric car with an exterior size like a Volkswagen Golf, but much more interior space. The car has rear wheel drive and you can choose from two battery packs.
Height: 4.26 metres. Battery: 58.0 / 77.0 kWh. Range: 442/553 km. Maximum charging speed: 100 kW. Horsepower: 204. Trunk: 332 liters. Trailer: 0 kilos. Price from NOK 393,400 / 416,100.
Polestar 2 (19)
A Chinese car brand with strong ties to Volvo. It also uses much of the same technology as Volvo. Both the front-wheel drive and all-wheel drive version come under the VAT limit.
Length: 4.60 meters. Battery: 64.0 / 78.0 kW. Range: 420/470 km. Max charging speed: 150 kW. Horsepower: 224/408. Box: 405 liters. Trailer: 1500 kilos. Price from NOK: 385000/465000.
MG ZS EV (21)
MG is the first Chinese car to achieve sales success in Norway, thanks in large part to the affordable price and good range. This is a compact SUV, but only equipped with front-wheel drive.
Height: 4.32 metres. Battery: 69.9 kW. Range: 440 km. Maximum charging speed: 92 kW. Horsepower: 156 Luggage: 488 liters. Trailer: 500 kilos. Price from NOK: 328,000.
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