SKAT is changing the interest rate on the residual tax

We would like to inform you that as of July 1st, 2023, SKAT is changing the interest rate on the residual tax to 4.4%, which will have an impact on the Total Cost of Ownership (TCO) of vehicles.

The interest rate changes also apply to existing orders with deliveries scheduled after July 1st.

Please note that this change does not have any implications for tax-exempt electric cars, i.e., cars with a taxation value below approximately DKK 450,000.

The interest rate will have no or minimal significance for other electric cars, typically ranging from DKK 100-200 for plug-in hybrid cars and over DKK 200 for fossil fuel cars.

Furthermore, the actual additional cost depends on the lease agreement's duration.

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