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

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

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.

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

£1,197

Annual

£14,354

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,690.62 £20,287.44
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£338.13 £4,057.56
Employer 13.2% VAT hand back on lease
£169.07 £2,028.84
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,859.68 £22,316.16
Employer Contribution (8% NI Saving)*
£245.47 £2,945.64
Lease cost employer pays
£1,614.21 £19,370.52
Tax saving (20%)
£322.85 £3,874.20
Employee NI saving (8%)
£129.14 £19,370.52
Benefit in Kind (BIK) Tax (4%)
£33.90 £406.80
Net Lease Cost
£1,196.12 £14,353.44
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