Porsche Panamera S E-Hybrid qualifies for £5,000 taxpayer incentive

The Porsche Panamera S E-Hybrid – Porsche’s 410bhp hybrid Panamera – will qualify for the £5,000 taxpayer grant for ULEV.

When Porsche revealed the first facelift for the Panamera back in April, they also revealed the Panamera S E-Hybrid, a plug-in hybrid with the power of a V8 and the fuel consumption of a city car.

It’s a brilliant demonstration of how car makers have worked their way round the daft CO2 tax regimes designed to strangle the marketplace for powerful, luxury cars by using technology to attain far lower official emissions figures than ever.

In the case of the Panamera S E-Hybrid that means a plug-in hybrid with a 94bhp electric motor to boost the power from the 3.0 litre V6 to 410bhp. That means almost V8 performance with 0-62mph taking just 5.5 seconds.

But because the Panamera S E-Hybrid is a plug-in, it can run for up to 22 miles on electric power only and, thanks to the way official economy figures are calculated, means the plug-in Panamera comes complete with official economy of 91mpg and emissions of 71g/km.

All that adds up to a taxpayer bribe for buyers of the Panamera S E-Hybrid of £5,000, no road tax, no congestion charging, a 5% BIK charge for company car drivers and a 100 per cent first year writing down allowance for businesses who fork out £89,000 to put their employees in a ‘green’ Porsche.

No doubt company directors will be queueing up to get their company to put them in a Panamera S E-Hybrid with a tax bill – even for a 45 per cent taxpayer – of only £38.50 a week.