More affordable than you think: Electric mobility

These days, electric vehicles are no longer a niche product. Nevertheless, large numbers of people still believe that they are expensive. Find out here why this is no longer the case and how driving one could become even cheaper in future.

Passers-by pass a Volkswagen ID.3.

Information on state funding1

Let’s get the most important information out of the way first: You are only able to submit your application online via this application form. If you are unable to access or open the form via this link, you will also find it on the Federal Office for Economic Affairs and Export Control’s official website. The Federal Office for Economic Affairs and Export Control (BAFA) will be unable to process any incomplete applications or any applications sent by post. Please refer to the BAFA website and its other information channels for all the requirements needed to receive state funding.

The timeline is also important. The vehicle must be registered when you submit your application. Once your vehicle has been registered for the first time, you have one year to submit your application.

To successfully upload your application online, all you need is a copy of your purchase or leasing agreement or a binding order, your electric vehicle’s unique model ID and the following three pieces of information, which are automatically listed on your invoice:

• Manufacturer’s contribution to the environmental bonus

• Net purchase price without optional equipment

• List of optional or extra equipment

Does that sound like a lot? Don’t worry, it’s easy! However, if you would like any additional information, just click here.

Cheap to run. Good for you.

On the whole, the operating costs – made up of consumption, vehicle tax, maintenance, wear and insurance – for an electric vehicle can be cheaper than a similar vehicle with a combustion engine. The difference becomes particularly evident when it comes to consumption (as electricity is normally cheaper than fuel) and vehicle tax. For combustion engine vehicles, this is already based on factors including CO2 emissions and may increase even further under the German government’s more intensive efforts to protect the climate.

The maintenance costs of the ID.3 can be 30-40% less compared to a similar car with a combustion engine. This is primarily down to the fact that an oil change is no longer required.

For more information on maintenance, inspection and inspection intervals for electric vehicles, just click here.

No disadvantages are expected when it comes to insurance. In Germany, the ID.3 is currently as many as three insurance classes below a similar vehicle with a combustion engine.

The wear costs for the ID. family relate mainly to the large optimised rolling resistance tyres. These help to ensure the best possible range but tend to be more expensive than the tyres used on combustion engine vehicles.

Operating costs comparison between combustion engine* and electric vehicles (from top to bottom in each case): Consumption, vehicle tax**, maintenance costs, wear costs and insurance6
*Combustion engine: segment A, hatchback, petrol engine
**Does not apply to electric vehicles

Forward-looking and

The value stability of electric vehicles depends primarily on two factors: a competitive range and the durability of the battery. In both cases, you can sit back and relax in the new ID.3.

On the one hand, the ID.3 offers much longer ranges than previous electric vehicles, making it suitable for everyday use and ensuring that it remains competitive for years to come. On the other hand, all ID. models come with a battery guarantee3 for eight years or 160,000 km.

On the whole, we are expecting your ID.3 to reach the same residual value as a similar combustion engine vehicle in future.

Residual values for combustion engine vehicles* and ID.3 after 3 years (15,000 km/year): approx. 50% of the purchase price.Combustion engine vehicle: segment A, hatchback

More sustainable
at a similar cost

All in all, the overall costs for an ID.3 are expected to be at the same level as a comparable combustion engine vehicle – or even lower. Thanks to attractive prices and leasing instalments, state funding, good residual values and lower maintenance costs.

On top of that, you get to feel good about making an important contribution to the environment, which is not only good for you but, above all, generations to come.

Price/leasing           Maintenance costs             State funding*Combustion engine vehicle: segment A, hatchback* See section “Information on state funding”