I’m afraid I’ve gone and cancelled the Grenadier due to the tax situation. I’ve ordered a Ranger Wildtrak which is coming in as a stock order next month with the electric bed cover and tow pack with the 205hp engine. It costs a ridiculous, for a pickup, £42,000 but with the VAT situation has an initial saving of fully £25,000 compared to the ‘commercial [that’s not] Grenadier. There are ongoing savings as well of course, such as offsetting against income tax in my ‘pool’ of depreciating vehicles.
I don’t think many people realise the implications of EU regulations on the total Grenadier factory output. Since the commercials do not qualify as such for tax purposes in large swathes of countries, they will struggle to sell these. However the fleet pollution tax concessions the factory gets as a small specialist producer limits the factory to a total of 30,000 vehicles annually. Only 8500 of these are allowed to be ‘cars’ with 21500 sales therefore needing to be commercial vehicles. There is very little chance of them selling more than a fraction of those 21500 vehicles that are speed limited, have no or compromised second row seats and panelled sides for no cost saving to lifestyle rich buyers. What is the proportion of Defender commercial sales? I reckon less than 5% of total sales and yet they actually do qualify for VAT reclaiming .
For perspective, the Ford Ranger sells 60,000 units in Europe alone with 20,000 sold in the UK [which is included in the 60k figure] Worldwide sales of the old model exceeded 300,000 last year and are likely to exceed 400,000 this year with only supply limiting further sales. If I wanted a vehicle not on unsold stock order, including any and all v6 variants, the expected wait to uk delivery is a year or more. Over 90% are VAT qualifying with only the Rapter sports variant not being so due to its sub 1000kg payload.
In conclusion, with the Grenadier pricing situation as it is, the non commercial Defender 110, at around £65k to £70k is a far far better prospect as an all terrain capable car than the Grenadier. The majority of commercial/dual purpose customers will continue to choose pickup trucks.