Porsche Cayenne hybrid running costs
|Insurance group||Warranty||Service intervals||2020/21 company-car tax cost (20%/40%)|
|50||3yrs / unlimited mileage||2yrs / 20,000 miles||From £2,734 / £5,469|
The Cayenne E-Hybrid offers all the fuel and tax savings inherent in all plug-in hybrid models, but it is also still a big, prestigious and sporty SUV, so things like insurance, tyres and servicing are going to be just as expensive as with any other 2.5-tonne 4x4 packing 456bhp.
There are big savings to be made if you're a company-car driver, however. The plug-in hybrid Porsche Cayenne commands a Benefit in Kind (BiK) bill of almost half what you'll pay for a petrol version: costs currently stand at £5,469 (hybrid) vs £8,465 (petrol) for a higher rate tax payer.
Porsche Cayenne hybrid insurance group
The Porsche Cayenne falls into the highest insurance grouping. We got a quote for a 35-year-old male driver, with a driveway, full no-claims bonus and no penalties, and saw most quotes coming in at around £1,300 a year.
The Porsche Cayenne E-Hybrid gets a three-year/unlimited-mileage warranty and also three years of Porsche’s comprehensive European roadside assistance policy. If repairs can’t be made at the roadside, the cover includes a replacement car for four days in the UK and return of your vehicle to your home address, or onward travel and accommodation in Europe.
The Porsche Cayenne E-Hybrid has variable servicing intervals and will display a warning on the driver’s readout when it need attention, but generally it will need a major service every two years or 20,000 miles, whichever comes first.
As an 'Alternative' fuel vehicle, the Porsche Cayenne E-Hybrid costs £140 a year to tax, but because it costs more than £40,000 to buy, it incurs and extra ‘premium’ tax of £325 annually the first five times you tax it. CO2 emissions starting at 89g/km mean it doesn't even get free entry to the London Congestion Charge zone.
A premium SUV isn’t where you put your money if you want an investment – this class of car typically loses value quickly. On top of that, demand for electric cars is still currently lower than that for diesels and petrols, although market trends suggest that is already changing very rapidly. Ultimately, you should expect to lose some 50% or more of the car’s value in the first three years of ownership.