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Porsche Panamera plug-in hybrid car review: for your high speed, tax dodging, luxury commute

The Panamera plug-in hybrid is all of these things. No road tax, no congestion charge, paltry company car tax, or that lovely 100% first year write down allowance.
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4 December 2013

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So, decisions decisions. Get one as a company car to take advantage of the 5% company car tax rate, or buy one and qualify for a 100% first year capital allowance

What’s hot?

  • Plug-in hybrid drivetrain capable of running for significant distances in electric-only mode makes for low noise levels and very good fuel consumption (official combined figure 91mpg) on shorter trips.
  • Very strong performance that fully lives up to the promise of the Porsche badge, although the combination of a V6 petrol engine and electric motor means it has a slightly less exciting sound-track than some of the company’s sportier models.
  • Based on the higher spec S version of the Panamera.
  • High levels of space and practicality thanks to generous leg-room for rear seat occupants and the hatchback tailgate, an unusual feature in this class.
  • Exemption from the London Congestion Charge, first registration fee and road tax.
  • Very low company car tax band (5%) and 100% first year capital allowance. (Yes, you read that right – a Porsche that qualifies for  the full FYA!).

 

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Hybrid buyers get the higher spec S version of the Panamera

What’s not

  • At £88,967, the S E-Hybrid commands a hefty initial premium over the base Panamera model at £63,893 and the Panamera Diesel at £62,922.00, although it is only about £7000 more expensive than the Panamera S with which it is in other respects more directly comparable
  • The fuel consumption and taxation benefits of the plug-in hybrid drive-train will make the S-E-Hybrid an attractive financial proposition for some business car drivers but won’t come into play for those covering mainly longer journeys.
  • While the Panamera’s styling has been freshened up a bit as part of the recent mid-life update, it still looks slightly ungainly compared with Porsche’s sportier models.

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Matt Morton

Matt Morton

Matt Morton is an automotive content writer for Business Car Manager

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