The new Toyota Prius Plug-in Hybrid will cost less than £31,000 when sales start in the first half of 2012. The Toyota has qualified for grant support by meeting the criteria for plug in vehicles so the price could reduce by up to £5000.
Toyota has predicted the Toyota Prius Plug-in Hybrid will emit 49g/km of carbon dioxide and achieve 134.5mpg combined cycle fuel economy. It will qualify for a Benefit-in-Kind company car tax rating of just five per cent for drivers, and consequently a monthly tax burden of less than £52 (for a 40 per cent tax payer, based on the guideline vehicle price). Furthermore, businesses will save on fleet costs thanks to a 100 per cent write-down allowance and lower National Insurance contributions.
Ewan Shepherd, General Manager Toyota/Lexus Fleet Services said “Prius Plug-in Hybrid will be an exciting and valuable addition to what is already an industry-leading Toyota range that delivers significant financial benefits to companies and company car drivers with advanced and highly efficient models such as Prius and the British-built Auris Hybrid.”
The Toyota Prius Plug-in Hybrid offers a flexible performance so the driver will not be anxious about the distance the car can cover. Thanks to its powertrain which combines an electric motor, a lithium-ion battery and a petrol engine drivers can cover more than 14 miles in EV mode using power from its hybrid battery after which the car will switch to power from its full hybrid system including the 1.8 litre VVT-I petrol engine.