[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/smart-motoring.com\/blog\/executive-hybrids-for-company-drivers\/#BlogPosting","mainEntityOfPage":"https:\/\/smart-motoring.com\/blog\/executive-hybrids-for-company-drivers\/","headline":"Executive hybrids for company car drivers","name":"Executive hybrids for company car drivers","description":"Now that Spring has arrived, we are celebrating the season of the hybrid. Ad for Best Car Finder Hybrids have been the talk of the motoring industry for a while now but 2017 has seen hybrid cars take a massive leap into the light. Not only are they more environmentally friendly, they also have their financial benefits, as well as providing unexpected performance improvements to a growing segment of new cars. For those of you who aren\u2019t quite sure of […]","datePublished":"2017-04-12","dateModified":"2019-01-16","author":{"@type":"Person","@id":"https:\/\/smart-motoring.com\/author\/matthew-collett\/#Person","name":"Matthew Collett","url":"https:\/\/smart-motoring.com\/author\/matthew-collett\/","identifier":5,"description":"Max Wheeler is a leading motoring journalist and classic car specialist at Smart Motoring, renowned for his sharp insight and infectious passion for all things automotive. With years of experience covering motoring news, supercars, and the enduring legacy of classic cars, Max brings stories to life with style and authority. Whether it\u2019s the roar of a Lamborghini, the elegance of an Aston Martin DB5, or the cultural impact of vintage motoring icons, he delivers expert commentary that inspires enthusiasts and collectors alike. Dedicated to celebrating the heritage and future of driving, Max Wheeler is your trusted voice for classic car news and beyond.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/64eca1152247aa111ace79ff1c03782b175df9dc21d2092364ff21e1cf5e38fa?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/64eca1152247aa111ace79ff1c03782b175df9dc21d2092364ff21e1cf5e38fa?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Smart Motoring","logo":{"@type":"ImageObject","@id":"https:\/\/smart-motoring.com\/wp-content\/uploads\/2024\/10\/smart-motoring_news_logo_g-e1765846726493.webp","url":"https:\/\/smart-motoring.com\/wp-content\/uploads\/2024\/10\/smart-motoring_news_logo_g-e1765846726493.webp","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/smart-motoring.com\/wp-content\/uploads\/2017\/04\/Hybrid-feature.jpg","url":"https:\/\/smart-motoring.com\/wp-content\/uploads\/2017\/04\/Hybrid-feature.jpg","height":520,"width":1200},"url":"https:\/\/smart-motoring.com\/blog\/executive-hybrids-for-company-drivers\/","about":["BLOG","PERFORMANCE CARS","Sports, Performance & Prestige Cars"],"wordCount":700,"keywords":["Best Car Finder","BMW X5","hybrid","Hybrid cars","LaFerrari","McLaren P1","Mercedes GLE500e","Porsche 918","Porsche Panamera E-Hybrid","Range Rover Hybrid","Toyota Prius"],"articleBody":"Now that Spring has arrived, we are celebrating the season of the hybrid.Ad for Best Car FinderHybrids have been the talk of the motoring industry for a while now but 2017 has seen hybrid cars take a massive leap into the light.Not only are they more environmentally friendly, they also have their financial benefits, as well as providing unexpected performance improvements to a growing segment of new cars.For those of you who aren\u2019t quite sure of this whole hybrid thing, a hybrid car uses two or more engines, usually in the form of an electric motor and a conventional petrol or diesel combustion engine working together for better efficiency.What is a hybrid?When you think of a hybrid, a majority of people would think about a small sized Japanese saloon with a lack of style (the Toyota Prius maybe?)However, the perception of hybrids is changing due to the ‘holy trinity’ as they are now called; the Porsche 918, McLaren P1 and LaFerrari.Also, as the Directors of AAM (American Axle & Manufacturing) discovered, driving an executive hybrid model is actually very cost effective, especially when it comes to company car tax.Hybrids for company car drivers.Although the costs of research, development and production of hybrid vehicles are typically more expensive than their conventional counterparts, the government has created several tax credit programs and incentives to cover these costs such as low car tax, discounts on vehicle registration and extra income rebates.For a company car this can allow companies to still buy executive cars such as BMW, Mercedes or Range Rover at a more affordable monthly price.The tax you pay on using a company car is based on the vehicle\u2019s P11D value and its BIK tax band. Some hybrids offer low CO2 emissions which, combined with a low P11D value, can offer much reduced company car tax compared with petrol or diesel rivals.\u00a340,000-\u00a350,000 cars are suddenly available with low tax due to their hybrid engines.Reduced fuel costs is\u00a0another benefit to a company.For someone with a long daily commute a hybrid can save a sizeable chunk out of the monthly fuel costs due to the hybrid efficiencies.They are also very effective in bumper-to-bumper rush hour traffic, as the battery power alone can be sufficient.So the hybrid power and efficiency has caught your attention but what if you also want style? Worry not!There exists an entire class of high performance hybrid cars in the luxury sector.Companies ranging from BMW, to Lexus, to Porsche all build battery-assisted vehicles these days that deliver exceptional speed thanks to their hybrid designs.If the idea of a hybrid has caught your attention, our friends and sponsors, \u00a0BestCarFinder can\u00a0help in sourcing the most cost-effective executive cars for your company. Check out their best executive hybrids picks:BMW X5 ESTATE XDRIVE 40e M-SPORT 5DR AUTO\u00a3619.99 +VAT per monthBusiness Contract HireContract Length- 48 MonthsAnnual mileage- 10,0006 upfront payments followed by 47 monthly paymentsNon maintenanceExcess mileage- 17.70 ppm +VATCompany car tax 2017-2018 yearly amount- \u00a34056.00 (monthly amount \u00a3338,00)StatsPower- 309bhp0-60mph- 6.8 secondsTop Speed- 130mphEconomy- 85.6mpgPORSCHE CAYENNE ESTATE SPECIAL EDITION PLATINUM EDITION e-HYBRID 5DR TIPTRONIC\u00a3749.99 +VAT per monthBusiness Contract HireContract Length- 48 MonthsAnnual mileage- 10,0006 upfront payments followed by 47 monthly paymentsNon maintenanceExcess mileage- 20.10 ppm +VATCompany car tax 2017-2018 yearly amount- \u00a33517.00 (monthly amount \u00a3293.08)StatsPower- 333bhp0-60mph- 5.9\u00a0secondsTop Speed- 150mphEconomy- 85.6mpgMERCEDES GLE ESTATE GLE 500 e 4MATIC AMG LINE 5DR AUTO\u00a3610.00 +VAT per monthBusiness Contract HireContract Length- 48 MonthsAnnual mileage- 10,0006 upfront payments followed by 47 monthly paymentsNon maintenanceExcess mileage- 19.80 ppm +VATCompany car tax 2017-2018 yearly amount- \u00a34521.00 (monthly amount \u00a3376.00)StatsPower- 449bhp0-60mph- 5.3 secondsTop Speed- 152mphEconomy- 76.4mpgTESLA MODEL S HATCHBACK 60WH 5DR AUTO\u00a3919.99 +VAT per monthBusiness Contract HireContract Length- 48 MonthsAnnual mileage- 10,0006 upfront payments followed by 47 monthly paymentsNon maintenanceExcess mileage- 15.16\u00a0ppm +VATCompany car tax 2017-2018 yearly amount- \u00a32406.00 as a 40% tax payer (monthly amount \u00a3200.50)StatsPower- 320bhp0-60mph- 5.3 secondsTop Speed- 130mphFor more information, head over to\u00a0www.motor-vision.co.uk\/bestcarfinder, or call 0203 507 0426\u00a0for a customised quote."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/smart-motoring.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Executive hybrids for company car drivers","item":"https:\/\/smart-motoring.com\/blog\/executive-hybrids-for-company-drivers\/#breadcrumbitem"}]}]