Porsche Panamera hybrid running costs
|Insurance group||Warranty||Service interval||2020/21 company-car tax cost (20%/40%)|
|50 (est)||3yrs / unlimited miles||2yrs / 20,000 miles||From £2,846 / £5,693 (est)|
The Panamera hybrid's petrol-electric powertrain gives it very competitive running costs compared to 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
There's no official information for the latest model yet, but there'll be no two ways about it – the Panamera hybrid is going to be expensive to insure. The outgoing 4 E-Hybrid model was in insurance group 49 and the Turbo S E-Hybrid was in group 50 – so expect the 4S E-Hybrid to sit somewhere around this mark.
Like all Porsches sold new in the UK, the Panamera hybrid comes 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'.
The Panamera hybrid, being an 'alternatively fuelled vehicle', is taxed at a base rate of £140 per year – a saving of just £10 a year over pure petrol or diesel cars. But because its retail price is well in excess of the £40,000 cut-off point, it'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.