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

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

Lease from

/ month

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

P11D

£399 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

£888

Annual

£10,647

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,290.22 £15,482.64
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£258.05 £3,096.60
Employer 13.2% VAT hand back on lease
£129.03 £1,548.36
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,419.24 £17,030.88
Employer Contribution (8% NI Saving)*
£187.33 £2,247.96
Lease cost employer pays
£1,231.91 £14,782.92
Tax saving (20%)
£246.39 £2,956.68
Employee NI saving (8%)
£98.56 £14,782.92
Benefit in Kind (BIK) Tax (4%)
£0.27 £3.24
Net Lease Cost
£887.23 £10,646.76
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