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Alternative fuels lose company car discounts

Green Cars News

The new regime will come into force April 6, 2011 and will see discounts on company car tax currently available for Euro 4-standard diesel cars registered before 1 January 2006, higher-emitting hybrid cars and alternative fuel company cars, such as those powered by bi-fuels, road fuel gas and bioethanol, being scrapped.

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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. By then, theyll probably cost well under $1,000.

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