Mitsubishi Outlander PHEV Commercial running costs
Prices for the new 2.4-litre Mitsubishi Outlander PHEV Commercial will be confirmed in early 2019. Until then we have the existing 2.0-litre powered model as a price guide. It starts from around £31,000 excluding VAT, and the 2.4-litre is likely to be priced similarly.
Unlike the Outlander PHEV SUV, the Commercial version still qualifies for a grant, and it’s considerably larger than it was for the SUV model. The Government’s Plug-in Van Grant (PiVG) covers any vehicle with CO2 emissions below 75g/km that can travel at least 10 miles on electric power alone.
That means the Outlander meets the same criteria as pure electric vans such as the Renault Kangoo Z.E. and Nissan e-NV200, so a PiVG of £8,000 can be deducted from its list price. With the PiCG being changed recently, there’s nothing to stop the van grant also being changed, but with less uptake of electric and hybrid commercial vehicles, it stays in place for now.
Economy and emissions figures for the Outlander PHEV Commercial are the same as they for the SUV, so 139mpg is the quoted economy figure and CO2 emissions are rated at 46g/km. However, because commercial vehicles taxed at a fixed rate, the benefits of the Outlander PHEV Commercial aren’t as great as they are for the SUV version.
Road tax is set at £250 a year, while Benefit-in-Kind rates are also fixed, currently at £3,350 for the 2018/2019 tax year. The only area where you’ll see business costs drop is fuel duty. This is where plugging the Outlander PHEV Commercial in to charge will pay dividends, because the electricity you use isn’t liable to taxation, whereas petrol is. Basically, charge the Outlander PHEV Commercial wherever possible, and you’ll cut the tax costs associated with using petrol.
Mitsubishi Outlander PHEV Commercial insurance group
The older 2.0-litre Outlander PHEV Commercial appeared in insurance group 44, so the 2.4-litre model will likely appear in the same category.
There’s a five-year warranty for the Outlander PHEV Commercial, but it only covers the vehicle for 62,500 miles. This means the Outlander PHEV is covered for the length of its service period, which makes sense, but puts Mitsubishi behind rivals such as Kia and Hyundai, which offer seven-year/100,000-mile and five-year/unlimited-mileage cover respectively. Still, neither of these makers offer anything like the Outlander Commercial.
Mitsubishi also offers extended warranty cover, called Gold, Silver or Bronze. As the names suggest, there are different levels of cover depending on which level you go for. The cost is determined by the dealer and accounts for the age and mileage of your vehicle.
The Outlander PHEV needs servicing every year or 12,500 miles, whichever comes first. And Mitsubishi offers a service plan that covers the first three checks for around £525 (including VAT).
One sticking point with the Outlander PHEV Commercial is that it doesn’t qualify for lower road tax like the SUV version, because it’s classified as a light commercial vehicle (LCV). That means annual road tax is £250 a year, the same as for all LCVs.
The Outlander PHEV Commercial is a very niche LCV, and used values are affected as a result. The SUV has residual values ranging from 33-40%, and the LCV version will be at the lower end of this range. At least CV prices are exempt from VAT, so you won’t lose as much money as the SUV variant.