Ford Transit hybrid running costs
|Insurance group||Warranty||Service interval||2019/20 company-car tax cost (20%/40%)|
|TBC||Three years / 100,000 miles||TBC||£686 / £1,372|
Depending on the kind of work you use your van for, the Ford Transit Custom Plug-In Hybrid could deliver ultra-low running costs that more than justify the steep initial outlay.
They key is being able to regularly charge the battery. Using a home wallbox, a full charge of the 13.6kWh battery should cost less than £2, affording you up to 35 miles of electric range without needing petrol power at all.
If you’re in the business of urban deliveries, where the total distance covered in a day is relatively low, the Ford Transit PHEV could slash your fuel bills significantly.
Even if you drive substantially further than the electric-only range will allow, there’s still a case to be made for the Custom PHEV: it features an ‘EV Charge’ driving mode that uses the 1.0-litre EcoBoost petrol engine to charge the battery on the move, negating the need to plug in the van. It’s not as efficient (or as cheap) as plugging into the grid while stationary, but it could well extend the Ford’s appeal to a wider audience.
Vans that are used exclusively for business aren’t subject to Benefit-in-Kind (BiK) company-car tax. However, those that do include private journeys are levied a flat rate of £3,400. For 20% rate taxpayers, this comes to £686, while 40% payers will pay £1,372 for the 2019/20 financial year.
Ford Transit hybrid insurance group
The Ford Transit Custom PHEV’s insurance group hasn’t been confirmed yet.
The warranty for the Ford Transit Custom PHEV stands at three years or 100,000 miles, whichever comes first. Meanwhile, the battery is covered separately for up to eight years or 100,000 miles.
Servicing details for the Ford Transit hybrid haven’t yet been announced, however Ford expects the petrol-electric system to be cheaper to maintain than diesel vans in the long run.
Vans aren’t charged for Vehicle Excise Duty (VED), colloquially known as road tax. However, they do incur light commercial vehicle (LCV) road tax, which is currently a flat rate of £260. A new system based on CO2 emissions could be introduced in the future.