car news

Pot SEPP subsidy empty for 2022: Opel itself gives 2,950 euros ‘subsidy’

October 18, 2022


In case SEPP sounds completely new to you: it is the Electric Passenger Car Subsidy Scheme for Individuals, created to get more individuals to switch to an electric car. The subsidy scheme is quite popular, as all the subsidy available in 2022 was very quickly forgiven.

In 2022, 71 million euros were available for new electric cars (purchase and lease) and 20.4 million euros for used electric cars (purchase and lease). But those euros have already run out. So now we are waiting for 2023 to replenish the subsidy pot.

New opportunities again in 2023

You can reapply for this subsidy starting January 2, 2023 9:00 a.m. for your new electric passenger car with a purchase or lease agreement entered into on or after January 1, 2023. The SEPP is only for individuals (natural person buying or leasing a car privately). The scheme runs from July 1, 2020 to December 31, 2024. Each year the grant budget has a maximum. For a new car, the subsidy amount in 2023 is €2,950 and for a used car €2,000.

No need to wait until 2023

Opel is already giving you that 2,950 euros as a gift right now with the purchase of an Opel Mokka-e or Opel Corsa-e. So customers do not have to wait for the government to refill the subsidy pot in January 2023. Opel pays the €2,950 Opel subsidy guaranteed. So there is no need to wait or make reservations. Opel keeps delivery times as short as possible. Opel talks about a “subsidy,” but you may just think of it as a discount on the final price.

This is what a Mokka-e and Corsa-e costs with ‘Opel subsidy’

Thanks to Opel’s 2,950 euro discount, a Mokka-e will still cost 35,499 euros and a Corsa-e will still cost 31,049 euros. Normally, a Mokka-e costs 38,449 euros and a Corsa 33,999 euros. This offer runs from Oct. 1, 2022, to Jan. 15, 2023.

“I want SEPP funding!”

To be eligible for SEPP subsidy, an electric passenger car must at least meet the following conditions: have an action radius of at least 120 kilometers (WLTP), the list price (original new price) as registered in the vehicle registration register (RDW) is not less than €12,000 and not more than €45,000 and – finally – the car has been produced as an electric passenger car and must not have been converted into an electric car.