Hyundai Ioniq 5 Hyundai Ioniq 5 Electric Hatchback 239kW Ultimate 84 kWh 5Dr AWD Auto

Hyundai Ioniq 5 Hyundai Ioniq 5 Electric Hatchback 239kW Ultimate 84 kWh 5Dr AWD Auto

Lease from

/ month

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

P11D

£529 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

£1,308

Annual

£15,696

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,902.13 £22,825.56
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£380.43 £4,565.16
Employer 13.2% VAT hand back on lease
£190.22 £2,282.64
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£2,092.34 £25,108.08
Employer Contribution (8% NI Saving)*
£276.18 £3,314.16
Lease cost employer pays
£1,816.16 £21,793.92
Tax saving (20%)
£363.24 £4,358.88
Employee NI saving (8%)
£145.30 £21,793.92
Benefit in Kind (BIK) Tax (4%)
£0.36 £4.32
Net Lease Cost
£1,307.98 £15,695.76
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