Will a hybrid car save me money?
New Vehicle Excise Duty (car tax) rules came into effect in April 2017 and cars are charged both according to their CO2 emissions levels and their price when new. Petrol and diesel engine cars emitting 99g/km currently have an annual tax bill of £140 to pay, whereas a comparable hybrid pays £130. There are other savings to be had too. In London, for example, some hybrid cars will be exempt from the congestion charge if they emit less than 75g/km.
Fuel savings offer the main savings in running a hybrid, especially in town, as often it drives only on its electric powered engine, using electricity it self-generates in motion. So no fuel is used. This is a massive saving over a long term as fuel in the tank can be ‘eked out’.