Hyundai Ioniq 5 Hyundai Ioniq 5 Electric Hatchback 168kW Ultimate 84 kWh 5Dr Auto [tech Pack]

Hyundai Ioniq 5 Hyundai Ioniq 5 Electric Hatchback 168kW Ultimate 84 kWh 5Dr Auto [tech Pack]

Lease from

/ month

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

P11D

£50,846 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

£725

Annual

£8,700

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,005.26 £12,063.12
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£201.06 £2,412.72
Employer 13.2% VAT hand back on lease
£100.53 £1,206.36
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,105.79 £13,269.48
Employer Contribution (8% NI Saving)*
£145.96 £1,751.52
Lease cost employer pays
£959.83 £11,517.96
Tax saving (20%)
£191.97 £2,303.64
Employee NI saving (8%)
£76.79 £11,517.96
Benefit in Kind (BIK) Tax (4%)
£33.90 £406.80
Net Lease Cost
£724.97 £8,699.64
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