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JohnC

Hybrids

I posted a while back that I have clients who have changed their vehicles to Hybrids for tax purposes - they bought two X5's and an XC90.

We got a phone call yesterday from the individual who used to have a 420D and was having a bit of a rant. He was on the M6 in his new X5 and it was only doing 29mpg. His 420D would have been getting more than 50mpg. Can he get an increase in his fuel allowance?

The official mpg of something over 80mpg had clouded his vision a bit. However to be fair to BMW they do state that the mpg benefits are only really felt on journeys of less than about 35 miles and on longer trips it will only average about 26mpg
gooner

So he's moaning that he's reduced tax bill has come at the expense of increased fuel costs? Perhaps it's time he was reminded that there seldom exists a free lunch!
Michael

Sounds like an utter prat. Did he think an X5 loaded with batteries and a 2 ltr petrol was going to be anything other than shocking on a long run?
PG

Michael wrote:
Sounds like an utter prat.


+1000  

It shows that decisions taken just to save tax are rarely the right decision. Tax on a 420D is hardly bank breaking is it?
Nice Guy Eddie

I guess its more to do with the writing down allowances on Hybrids as opposed to BIK. Don't know how true this is but I spoke to a salesman at Porsche a while ago who told me that the sales of 918 were struggling until the changes in writing down allowances meant a lot of high profit businesses wanted one so they could write off the tax but then that all went against them when the cars started appreciating.
Big Blue

Tell him to run a brand new car privately from taxed income and see what he prefers.
Roadsterstu

Big Blue wrote:
Tell him to run a brand new car privately from taxed income and see what he prefers.


This.

And to do his bloody research next time!
Humphrey The Pug

I love people like that; absolute tool.

Everyone knows that cars, particularly hybrids, get no where near their claimed MPG figures in the real world.
DetmoldDick

Nice Guy Eddie wrote:
I guess its more to do with the writing down allowances on Hybrids as opposed to BIK. Don't know how true this is but I spoke to a salesman at Porsche a while ago who told me that the sales of 918 were struggling until the changes in writing down allowances meant a lot of high profit businesses wanted one so they could write off the tax but then that all went against them when the cars started appreciating.


And nobody wants an appreciating asset.
gonnabuildabuggy

Michael wrote:
Sounds like an utter prat. Did he think an X5 loaded with batteries and a 2 ltr petrol was going to be anything other than shocking on a long run?


Indeed. Hybrid is an alternative to Diesel, and has similar running costs I reckon.

You can console him with the fact I'm getting 27mpg out of my diesel X5.

That said I'd not consider running a 420d as an alternative. Perhaps a 535d or 550i but not a smaller 2 litres diesel.

I thought it was all about the BIK and write down benefits not fuel economy.

I think the RX would have been more like 30mpg but my view was that hybrid was the only way to run a petrol SUV and see approx 30mpg rather than the 15-18mpg you might see otherwise.
Martin

It would be interesting to find out how Bryan is getting with his Hybrid.  You'd expect a new X5 30d to average around 34-35mpg, so the Hybrid isn't horrendous in comparison.  

Mine has averaged 38.2mpg since I got it, which has improved  since I started my commute so I regularly get around 40mpg.  Dropping that to 29mpg would increase my fuel cost by 1600 a year, but if it was a company car I'd be saving 3400 a year in tax.  If you do less private mileage the benefit would be even greater.

As has been said, you can't have it both ways and anyone who's that surprised by their new cars mpg is pretty stupid.
Bob Sacamano

If you intend on doing huge mileages every year I would have always gone for diesel but I can only see swinging tax rises and restrictions on diesels in the future, coupled with ever more complex emission controls, making them too expensive to run. I don't think hybrids quite get the same mpg as diesels but they do have the advantage of being very reliable and capable of very high mileages - Prius taxis will do 500k miles regularly without issues.
Martin

I'd be happy to seriously consider a hybrid next time, but the ones I'm really interested in (on the market now) are way above budget.
JohnC

I really have quite a lot of want for an i8 at the moment but they are just too expensive and the money is better off in my pension!
BeN

Hybrids can only get close to their quoted figures if they were doing mostly city driving. I'm getting somewhere between 68-70 mpg in the Prius, not far off from the official figure of 76. But that's because half the time it's just running on electric mode while sitting at the lights in town. Out on the highways the figures drop fairly noticeably.
Bryan M

I'll post a better update when not on my phone. In short I am very happy with my hybrid. Mid to high 30s on a fast motorway run, early 40s when more traffic around. I very rarely charge it unless I. Am low on fuel when it is a handy 15miles. Small tank means I fill up every 400miles, but cheaper to fuel than diesel evoque.

It saves a fortune in tax, goes like stink and very refined, what's not to like!

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