Kia Ceed Sportswagon PHEV hybrid running costs
|Insurance group||Warranty||Service interval||2020/21 company-car tax cost (20%/40%)|
|15||7yrs / 100,000 miles||1yr / 10,000 miles||From £719 / £1,437|
First things first: for a retail buyer, the Kia Ceed Sportswagon PHEV is a pretty expensive proposition. It's only available in one trim level (the well-specced 3), so you'll only have a fiver change from 30 grand if you buy one outright.
That's almost £10,000 more than the entry-level 1.6-litre diesel Ceed Sportswagon, and even a diesel in the 3 trim level comes in at less than £25,000. At the time of writing, Kia had not yet published indicative personal finance costs for the Ceed Sportswagon PHEV.
This car makes a lot more financial sense for company-car users, who'll pay Benefit-in-Kind (BiK) tax at 12% during the 2020/21 financial year, compared to a hefty 33% for the equivalent 1.6-litre CRDi diesel-engined Ceed Sportswagon.
Kia Ceed Sportswagon PHEV hybrid insurance group
The Ceed Sportswagon PHEV is in insurance group 15 – the same as the 1.4-litre petrol version, but a little higher than the 1.6-litre diesel model, which is in group 12. The closely related Kia Niro PHEV plug-in SUV is also in group 15.
Kia has for a long time been known for the generous extent of its new-car warranty, which runs to seven years or 100,000 miles, whichever comes first. Only MG (producer of the ZS EV pure-electric family SUV) matches the seven-year duration, but it has a lower distance cap of 80,000 miles.
The Ceed Sportswagon PHEV needs a service once a year or every 10,000 miles – whichever comes first. Kia offers fixed-price servicing plans for its cars, and a three-year plan for the Ceed Sportswagon PHEV comes in at £489. A five-year plan will set you back £879.
Only fully zero-emission cars are exempt from road tax (VED) these days, but plug-in hybrids like this Ceed do get a £10 annual discount on the usual rate of £150 every 12 months.