The Benefits of Buying a Hybrid

There are now a variety of benefits to buying a hybrid car and some major manufactures have targeted the market segment including Mitsubishi, Nissan, BMW and Mercedes to name a few. Mitsubishi with the Outlander Range, Nissan with the Leaf, BMW with the "i" range and Mercedes Benz S500 plug in and E Class hybrids. 

These benefits include, no road tax, a government grant of 25% of the cost of the car up to £5,000, no congestion charge and on paper some incredible looking MPG figures. Businesses also benefit from enhanced capital allowance.

Mitsubushi Outlander PHEV

 

However, with the ongoing and rapid development in more economical forms of transport when is the right time to buy? The fear is these cars could be out dated very quickly and there resale value is yet to be determined thoroughly. All in all, it looks to be a step in the right direction and a very smart choice for business owners.