KGM Torres KGM Torres EVX Electric Estate 152kW K30 73kWh 5Dr Auto

KGM Torres KGM Torres EVX Electric Estate 152kW K30 73kWh 5Dr Auto

Lease from

/ month

To see how much you could save, please select a tax band

P11D

£445 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.

Get This Deal Call 01995 642470

Salary Sacrifice Quote

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Lease Details

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Net Lease Cost

Monthly

£592

Annual

£7,096

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£859.65 £10,315.80
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£171.93 £2,063.16
Employer 13.2% VAT hand back on lease
£85.97 £1,031.64
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£945.61 £11,347.32
Employer Contribution (8% NI Saving)*
£124.82 £1,497.84
Lease cost employer pays
£820.79 £9,849.48
Tax saving (20%)
£164.16 £1,969.92
Employee NI saving (8%)
£65.67 £9,849.48
Benefit in Kind (BIK) Tax (4%)
£0.30 £3.60
Net Lease Cost
£591.26 £7,095.12
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