HYUNDAI INSTER INSTER ELECTRIC HATCHBACK 85kW Cross 49kWh 5dr Auto

HYUNDAI INSTER INSTER ELECTRIC HATCHBACK 85kW Cross 49kWh 5dr Auto

Lease from

/ month

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

P11D

£23,305 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

£754

Annual

£9,046

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,073.91 £12,886.92
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£214.79 £2,577.48
Employer 13.2% VAT hand back on lease
£107.40 £1,288.80
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,181.30 £14,175.60
Employer Contribution (8% NI Saving)*
£155.93 £1,871.16
Lease cost employer pays
£1,025.37 £12,304.44
Tax saving (20%)
£205.08 £2,460.96
Employee NI saving (8%)
£82.03 £12,304.44
Benefit in Kind (BIK) Tax (4%)
£15.54 £186.48
Net Lease Cost
£753.80 £9,045.60
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