Changes to the Finance Bill are set to bring good news to companies opting for diesel Mondeo models, in particular the ultra-low-emission Ford Mondeo ECOnetic, according to Ford Ireland.
A 20 percent reduction in VAT is planned for company cars delivering less than 156g CO2, which will bring down the effective cost of the ECOnetic by over €900.
The reduction applies to company cars where over 60 percent of the mileage incurred is business-related. The saving will apply to all Mondeo 1.8 TDCi diesels, including estates, all of which have emissions below 156g. The engines are available across the range of trims, from LX to Titanium, with the entry-level 4-door LX falling from €26,695 to €25,920.
Mondeo ECOnetic Zetec 5-door has a CO2 emission level of 139g. With the new VAT reduction the cost to companies will reduce to €28,845.
