Hyundai Ioniq 5 Hyundai Ioniq 5 Electric Hatchback 168kW Advance 84 kWh 5Dr Auto

Hyundai Ioniq 5 Hyundai Ioniq 5 Electric Hatchback 168kW Advance 84 kWh 5Dr Auto

Lease from

/ month

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

P11D

£43,346 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.

Salary Sacrifice Quote

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Lease Details

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Personal Details

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Address Details

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Business Contact Details

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Net Lease Cost

Monthly

£990

Annual

£11,876

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,397.51 £16,770.12
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£279.51 £3,354.12
Employer 13.2% VAT hand back on lease
£139.76 £1,677.12
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,537.26 £18,447.12
Employer Contribution (8% NI Saving)*
£202.91 £2,434.92
Lease cost employer pays
£1,334.35 £16,012.20
Tax saving (20%)
£266.87 £3,202.44
Employee NI saving (8%)
£106.75 £16,012.20
Benefit in Kind (BIK) Tax (4%)
£28.90 £346.80
Net Lease Cost
£989.63 £11,875.56
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