MG Cyberster MG Cyberster Convertible 375kW GT Dual Motor 77 kWh 2Dr AWD Auto

MG Cyberster MG Cyberster Convertible 375kW GT Dual Motor 77 kWh 2Dr AWD Auto

Lease from

/ month

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

P11D

£600 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

£1,523

Annual

£18,265

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£2,213.46 £26,561.52
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£442.70 £5,312.40
Employer 13.2% VAT hand back on lease
£221.35 £2,656.20
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£2,434.81 £29,217.72
Employer Contribution (8% NI Saving)*
£321.39 £3,856.68
Lease cost employer pays
£2,113.42 £25,361.04
Tax saving (20%)
£422.69 £5,072.28
Employee NI saving (8%)
£169.08 £25,361.04
Benefit in Kind (BIK) Tax (4%)
£0.40 £4.80
Net Lease Cost
£1,522.05 £18,264.60
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