MG Cyberster MG Cyberster Convertible 250kW Trophy Single Motor 77 kWh 2Dr Auto

MG Cyberster MG Cyberster Convertible 250kW Trophy Single Motor 77 kWh 2Dr Auto

Lease from

/ month

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

P11D

£550 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

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Business Contact Details

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Net Lease Cost

Monthly

£1,279

Annual

£15,339

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,858.75 £22,305.00
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£371.75 £4,461.00
Employer 13.2% VAT hand back on lease
£185.88 £2,230.56
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£2,044.62 £24,535.44
Employer Contribution (8% NI Saving)*
£269.88 £3,238.56
Lease cost employer pays
£1,774.74 £21,296.88
Tax saving (20%)
£354.95 £4,259.40
Employee NI saving (8%)
£141.98 £21,296.88
Benefit in Kind (BIK) Tax (4%)
£0.37 £4.44
Net Lease Cost
£1,278.18 £15,338.16
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