Porsche Panamera hybrid running costs
|Insurance group||Warranty||Service interval||2020/21 company-car tax cost (20%/40%)|
|49-50||3yrs / unlimited miles||2yrs / 20,000 miles||From £2,846 / £5,693|
The Panamera hybrid models' petrol-electric powertrain gives them very competitive running costs compared with purely petrol-powered rivals of similar price and performance.
Keep the battery topped up and use the electric range as much as possible and your fuel bills will be surprisingly low. Some other costs will be hefty, such as insurance and servicing, but low CO2 emissions mean company-car drivers lucky enough to be able to choose a Panamera hybrid will make big annual savings.
Porsche Panamera hybrid insurance group
No two ways about it – the Panamera hybrid is going to be expensive to insure. The 4 E-Hybrid models are in insurance group 49 and the Turbo S E-Hybrids are in group 50 – the two highest insurance groups there are.
Like all Porsches sold new in the UK, the Panamera hybrids come with a three-year/unlimited-mileage warranty and three years of Europe-wide 'Porsche Assistance' breakdown cover. The warranty and breakdown cover can be extended beyond the three-year limit at extra cost.
The Panamera needs servicing every 20,000 miles or two years, whichever comes sooner. Every second service is a more expensive 'Main Service', alternating with the cheaper 'Intermediate Service'.
Both Panamera hybrids, being 'alternatively fuelled vehicles' are taxed at a base rate of £140 a year – a saving of just £10/year over pure petrol or diesel cars. But because their retail prices are well in excess of the £40,000 cut-off point, they'll cost owners an additional £325-a-year 'premium tax' the first five times the tax is due. That makes for an annual bill of £465 in total.