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Alternative fuels lose company car discounts

Green Cars News

Discounts on company car taxation for hybrid and alternative fuel vehicles will be scrapped under new tax terms revealed as part of yesterday’s Budget. The changes will affect the most polluting hybrids such as the Lexus RX 400H and biofuel ready cars such as the Saab 9-5 Biopower.

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. Power and Associates 2004 report ].

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