The offer includes discounts on BMW i3, i8 and MINI Countryman PHEV purchased before 31st December, 2017.
To qualify for the Lower Emissions Allowance a prospective customer will need to trade in a diesel-powered Euro-4 standard or older vehicle, of any brand, and their chosen replacement car must be either an all-electric car, such as the BMW i3, a plug-in hybrid or a Euro 6-standard vehicle with CO2 emissions of 130g/km or less.
BMW currently has more than 80 per cent of vehicles in the range that produce 130g/km or less while MINI has nearly 70 per cent of vehicles in this lower emission category. The allowance offered will be in addition to any other government or retailer incentives that are currently in place.
To ensure fairness owners will be given a suitable average price for their existing car provided they have owned it for at least 12 months. The new vehicle must also be purchased in the same name and address as the older car they are replacing.
Graeme Grieve, CEO of BMW Group UK, said:
"BMW offers the widest range of low emission vehicles of any manufacturer. We were the first premium marque to make a clear commitment to electric mobility and having a range of sustainable mobility options too.
We know in the early phases that people still need some incentive to make the jump to fully electric or plug-in hybrid vehicles and that is why we are delighted to announce this new allowance. For those who the alternative drivetrains do not suit their lifestyle we still offer allowance qualifying Euro-6 compliant petrol and diesel engine cars that are cleaner than ever.”