HMRC has confirmed that the new Peugeot 3008 HYbrid4, the world’s first diesel electric car, will not incur the 3% diesel surcharge and benefit from the 10% threshold for personal BIK taxation.
This will also apply to the all the HYbrid4 vehicles in the Peugeot range, that will include the 3008, 508 RXH and 508 Saloon.
Phil Robson, Fleet Sales Director, said: “As a company car owner Peugeot’s HYbrid4 means low fuel costs, low emissions, low BIK and for the company lower Employer National Insurance contributions, alongside an allowance for the company to offset 100% of the list price, in the first year, against its taxable profits. Let’s not forget, in addition the 3008 HYbrid4 delivers 74mpg, 200 BHP, four wheel drive and electric mode, a truly unique and innovative vehicle in the market.”
The Peugeot HYbrid4 range uses the world-first diesel-electric hybrid layout presently using a 2.0-litre HDi 163 diesel engine to propel the front wheels and a 37bhp electric motor the rear wheels. This system will first be seen on the Peugeot 3008 Crossover and will be soon followed on the 508 RXH and then the 508 Saloon HYbrid4.Published 21 November 2011