What is the New Vehicle Payment and how will I get it?
It's a one-off £750 payment we introduced to help with the rising prices of new cars.
You'll get this if you order your first car on the Scheme by 3 January 2025. If you're already on the Scheme and have not had it yet, you'll get it whenever you get your next car.
For scooters and powered wheelchairs it's called a New Product Payment and is £100 instead.
Our tool is the quickest way to find out if you're eligible and when you'll get it.
If you’re eligible, there are two way you can get the New Vehicle Payment.
We can send it to your dealer
This is to help towards your Advance Payment.
If your Advance Payment is more than £750 you’ll need to pay the difference to your dealer. If it’s less than £750 we’ll send you the difference after you get your vehicle.
Your dealer will ask if you’d like to do this when you order. If you’ve already ordered and would now like to put your New Vehicle Payment towards your Advance Payment, please speak to your dealer directly.
You can only use the New Vehicle Payment towards the cost of your vehicle's Advance Payment. You cannot use it towards the cost of adaptations or optional extras.
We can send it to you
If you do not ask for your New Vehicle Payment to go your dealer, we’ll send the full amount to you, within a few weeks of you getting your new vehicle.
Get payments quicker
Add your bank details to get payments from us faster:
- Go to ‘Personal details’ in your online account
- Choose ‘Payments by bank transfer' to add your details
Or please check your details are still correct. You can easily update them in your online account if they've changed.
If we do not have your bank details
We’ll send you a cheque instead, but this will take up to a month.
