Mitsubishi will price its Outlander PHEV from £436 a month on 6.9% APR finance following a deposit of £6,410.

Mitsubishi has priced its Outlander PHEV at the same level as the equivalent diesel model in the range at £28,304, after the Government’s £5,000 Plug-In Car Grant. A minimum deposit of 10% post grant is required to qualify customer for the finance deal.

The Outlander PHEV also benefits from £0 VED and no congestion charge in London.

The mains charged range of Outlander PHEV is up to 32.5 miles (the same as the Volvo V60 plug-in hybrid and around double that of the Prius Plug-in), after which a 2.0-litre engine takes over to drive and to charge the battery, giving the car some zero emissions ability from the electric motors at low speed, and assisting the engine as necessary.

It has full-time four-wheel drive whether powered by the electric motors or the engine.

Mitsubishi thinks it will sell 3,000 Outlander PHEVs a year, with fleet customers expected to take the lion’s share of sales.

Mitsubishi Contract Motoring contract hire deals:

Rental Profile                                  Monthly Rental

12-0-35 (10k miles per annum)       £219+VAT

Rental Profile                                  Monthly Rental

12-0-47 (10k miles per annum)      £205+VAT          

Rental Profile                                  Monthly Rental

12-0-59 (10k miles per annum)       £195+VAT
6.9% APR Finance Option