Tesla Model 3 Tesla Model 3 Saloon RWD 4Dr Auto

Tesla Model 3 Tesla Model 3 Saloon RWD 4Dr Auto

Lease from

/ month

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P11D

£39,925 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.

Vehicle Specification

Performance

Range

344 miles

Top Speed

125 mph

0-62 mph

5.8 secs

Fuel

Electric

Dimensions

Seats

5 seats

No. Doors

4 doors

Body Style

saloon

Boot Space

594 litres

Car Size & Weight

Length

4720 mm

Width

1933 mm

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Net Lease Cost

Monthly

£872

Annual

£10,463

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,229.55 £14,754.60
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£245.91 £2,950.92
Employer 13.2% VAT hand back on lease
£122.96 £1,475.52
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,352.50 £16,230.00
Employer Contribution (8% NI Saving)*
£178.53 £2,142.36
Lease cost employer pays
£1,173.97 £14,087.64
Tax saving (20%)
£234.80 £2,817.60
Employee NI saving (8%)
£93.92 £14,087.64
Benefit in Kind (BIK) Tax (4%)
£26.62 £319.44
Net Lease Cost
£871.87 £10,462.44
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