Hyundai Ioniq 5 Hyundai Ioniq 5 Electric Hatchback 125kW Premium 63 kWh 5Dr Auto

Hyundai Ioniq 5 Hyundai Ioniq 5 Electric Hatchback 125kW Premium 63 kWh 5Dr Auto

Lease from

/ month

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

P11D

£424 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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3

Address Details

4

Business Contact Details

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Net Lease Cost

Monthly

£964

Annual

£11,562

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,401.10 £16,813.20
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£280.22 £3,362.64
Employer 13.2% VAT hand back on lease
£140.11 £1,681.32
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,541.21 £18,494.52
Employer Contribution (8% NI Saving)*
£203.43 £2,441.16
Lease cost employer pays
£1,337.78 £16,053.36
Tax saving (20%)
£267.56 £3,210.72
Employee NI saving (8%)
£107.03 £16,053.36
Benefit in Kind (BIK) Tax (4%)
£0.29 £3.48
Net Lease Cost
£963.48 £11,561.76
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