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The Volvo V60 Plug-in Hybrid Defeats The New London Congestion Charging

The only real drawback is the purchase price

The Volvo V60 Plug-in Hybrid will remain exempt from the new London Congestion Charging structure under the newly confirmed Ultra Low Emission Discount (ULED) rules, when it comes into place on the 1st July 2013.

The new rules mean that cars must emit CO2 emissions of less than 75 g/km, which has reduced the number of eligible cars significantly.

With an official CO2 emission figure of 48 g/km subject to the annual £10 registration fee the Volvo V60 Plug-in Hybrid still defeats the daily charge. It also benefits from zero vehicle excise duty (VED) and company owners they are allowed 100% first year write down allowance.

Hybrid Benefit In Kind taxation was originally expected to rise from the current (2013-14) 5% to 15% in 2015-16. However, the government has now confirmed that vehicles emitting between zero and 50g/km of CO2, which the V60 Plug-in Hybrid falls into, will be taxed at 5% in 2015-16 and 7% in 2016-17, instead of the higher 51-75g/km band, taxed at 9% and 11% respectively.

The only real drawback is the purchase price of the V60 D6 AWD Plug-in Hybrid which is priced from £48,775 (£43,775 including the £5000 Plug-in Car Grant) for the SE Lux Nav, not exactly cheap.


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