MG MOTOR UK IM5 ELECTRIC HATCHBACK 217kW Standard Range 75kWh 5dr Auto

MG MOTOR UK IM5 ELECTRIC HATCHBACK 217kW Standard Range 75kWh 5dr Auto

Lease From

per month

P11D

£39,885 4% BIK

At the end of the lease, simply hand the EV back and don't worry about its second-hand value or its battery health! However, take out full maintenance for peace of mind and reduce any potential hand-back charges.

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Vehicle Specification

Performance

Range

304 miles

Top Speed

124 mph

0-62 mph

6.8 secs

Fuel

Electric

Dimensions

Seats

5 seats

No. Doors

5 doors

Body Style

hatchback

Boot Space

457 litres

Car Size & Weight

Length

4931 mm

Width

1960 mm

Weight

2610 kg

Salary Sacrifice Quote

1

Lease Details

Contract Length

Annual Mileage

Salary

Include Maintenance Maintenance is not available

2

Personal Details

Please ensure all personal details are completed accurately

Title

Forename

Surname

Telephone

Email

Date of Birth

3

Address Details

Address

Address line 2

City

County

Postcode

Country

4

Business Contact Details

This may be your company's HR manager, finance lead, or payroll contact responsible for salary sacrifice arrangements

Business Contact Name

Business Contact Email

Net Lease Cost

Monthly

£278

Annual

£3,334

Calculation Breakdown

Description

Monthly Annual

Lease excluding VAT

£365.36 £4,384.32

20% VAT

£73.08 £876.96

Employer 13.2% VAT hand back on lease

£36.54 £438.48

Inclusive lease price

£401.90 £4,822.80

Employer Contribution (8% NI Saving)*

£53.05 £636.60

Lease cost employer pays

£348.85 £4,186.20

Tax saving (20%)

£69.77 £837.24

Employee NI saving (8%)

£27.91 £4,186.20

Benefit in Kind (BIK) Tax (4%)

£26.59 £319.08

Net Lease Cost

£277.76 £3,333.12

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