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The new Porsche Macan EV-Your Definitive Guide
The Porsche Macan arrived into the UK’s EV market in 2024 as one of the most hotly anticipated vehicles to be launched in lithium-ion format. Having enjoyed the Taycan back in 2022, the German manufacturers have been slowly finding their way into the green aspect of the automotive industry.
With a successful combustion Macan and Cayenne SUV in circulation, there were questions being asked of when we could expect there to be batteries to feature in this segment. Without a doubt, 4x4 and crossover vehicles have become the backbone of our motor industry and the presence of lithium-ion tech does not impinge on this demand.
So the introduction of the Macan 300kW 4 100kWh 5dr Auto and 470kW Turbo 100kWh 5dr Auto was pretty well received. In what is probably a recognition of the EV challenge and requirement for choice, the Porsche team have now launched two further models including:
The existing development is the introduction of a cheaper model, the 2WD Macan, which will start at just under £68,000 making this more palatable for some of the UK’s personal and small business leasing clients.
As standard, this option includes 20” alloys, comfort seats, heated front seats, powered tailgate active bonnet, preparation for a towbar, Porsche e-Performance, steel spring suspension, LED headlights, automatically dimming interior and exterior mirrors, electric folding mirrors, multifunction steering wheel, traffic sign recognition.
Park Assist with reversing camera, cruise control, lane change assist, 2-zone climate control, ambient lighting, alarm system with surveillance, dashcam preparation, 230V socket in the luggage compartment, smartphone compartment with wireless charging, sound package plus and a heat pump. The new RWD is very much focused on high efficiency and range
The 4S will effectively fill the gap between the Macan 4 and the Macan Turbo. This will include the Porsche Traction Management (ePTM) system, which distributes the drive power between the front and rear axles more efficiently. This model also includes some other exciting features like the Launch Control, Porsche Active Suspension Management (PASM) with electronic damping control as standard plus Porsche Torque Vectoring Plus (PTV Plus).
The new Slate Grey Neo colour will be available on this model, as well as the RWD, in addition to a new set of 20” S alloy wheels. Inside there will be a 112.6” curved display, 10.9” passenger display, HUD with augmented reality and ambient lighting.
But not unlike any other model, you can make your new Porsche EV SUV wholly bespoke via the Porsche manufacturer website . Both of the new Macan options are set to be deliverable by the end of the 2024.
For an Insurance Broker, with a small limited company, the notion of leasing an electric car may be starting to garner interest. One of the big success stories of August 2024, were the reports of just how successful the used EV industry is becoming.
As the SMMT identified, EV sales for Q2 in the used car industry soared 52% in comparison to 2023. They now make up 2.5% of the total used EVs sold. The customers taking on 2nd hand (or 3rd) is a testament as to how common this type of vehicle is becoming.
The demand at this level is so key to the new car industry, as this is what supports the residual values and confidence. For new EVs to be cost-effective on contract hire, the finance companies supporting the deals must have the ability to re-sell the vehicles in the 2 / 3 / 4 years following delivery. As the confidence and residual values improve, so does the price in the new car market.
Moving into an EV does not necessarily cost you more money. To dispel that myth, many like for like vehicles on electric v comparison actually stack up more closely than some would suggest. Of course with an EV you do have investment and additional obligations, with the need for a home or work (or both) charge point to be installed. These will be roughly around £750 - £1000 per point.
Charging in the public network will also need some further thought, especially if you are an Insurance rep who spends more time on the roads covering high miles. Because we work with Zap Map, we can offer a free Premium upgrade which enables you to find the most convenient charging solution during your travels.
But this is an obligation for the driver, as even “rapid” charging can be a 20 - 30 minute undertaking. When properly understood and managed this shouldn’t create any issues but it should at least be considered as part of the process. In having a weighted analysis, you limit any potential problems during your lease.
There are other good financial reasons for moving towards zero-emission tech. For any owners / directors of an Insurance Brokerage there are obvious benefits which are worth discussing with your accountant. Contract hire is a tax deductible product, which means that your monthly rentals can be offset against Corporation Tax.
However, being able to recover 100% is subject to the emissions of the vehicle, with an EV qualifying with its 0g/km status on emissions. In addition, any charge point infrastructure you invest into is wholly deductible under Full Expensing / Capital Allowances together with the fact that charging your EV at work does not incur any private fuel benefit taxation.
What is more acutely known is the preferential company car tax position which the EV will offer you as an employee / driver. Unlike combustion vehicles, which through our emissions-based tax regime, which have become more and more of a tax liability the zero-emission BEV does not incur the same financial limitations.
When you consider a Porsche Macan electric would only cost you £50 per month in tax compared 10 or 20 times that in combustion format, you quickly see the benefit to your Insurance business.
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