If the money comes from existing funds then it is money that could be spent elsewhere rather than, arguably, helping wealthy people buy a car. £30k per car is a lot.I watched this yesterday, brilliant bargains to be had.
What stood out most is what actions Scotland are doing to encourage switching to ev
Up to 30k loan interest free to get an EV. Now with used prices so low ATM that's a very good offer.
I just don't get why England don't follow suit? It isn't a money loser because you get the money back you just don't make interest on the loans. Why not offer that to help people into cars rather than not?
Well done Scotland
If the govt have to borrow the money to fund this then they will be paying interest and so it a money loser for the tax payer.