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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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Here’s the paradox: it’s an undeniably high performance Porsche, but the Porsche Panamera plug-in hybrid really comes into its own for a London commuter

Business Car Manager road test verdict

The Porsche Panamera S-Hybrid makes a strong case for itself.

The plug-in hybrid drivetrain brings with it a series of financial benefits, but only for those with a pattern of use that makes it work – mainly shorter, and especially London-based journeys.

Drivers regularly doing long motorway journeys that extend far beyond the S-Hybrid’s electric-only range will probably be better served by the Panamera Diesel, while those looking for the sportiest drive will probably go for the GTS or Turbo models.

Nevertheless, even apart from the financial benefits, the S E-Hybrid, with its ability to run quietly on electric power and call upon the combined powerful shove of both electric and petrol motors when required, has a distinctive appeal all of its own.

Not least, we suspect for some SME owners, the lure of 100% first year capital allowances…

 

The Low Down…

Doors and body style  5-door hatchback
Engine/gearbox  3-litre V6 petrol/plug-in hybrid/8-speed Tiptronic
CO2 Emissions  71g/km
Economy  91mpg
Power/torque 416hp (total output)/590Nm
0-62mph/top speed 5.5secs/167mph 
Insurance group  N/A

…and what it costs

P11D Value  £88,967
Monthly business rental (ex VAT)  From £1417 (3yrs/10,000 miles)
Road tax (VED)  Band A
Company Car Tax Bands 2013/14 to 2015/16  5%, 5%, 9%
Benefit in kind (BIK) 2013/14 to 2015/16  £4448, £4448, £8007
Annual/Monthly fuel benefit (20%)  £211/£18
Annual/Monthly fuel benefit (40%) £422/£35 
Annual/monthly company car tax (20%)  £890/£74
Annual/monthly company car tax (40%)  £1779/£148
Figures correct at time of posting  
For latest figures Use our company car tax calculator

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Matt Morton

Matt Morton

Matt Morton is an automotive content writer for Business Car Manager

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