Hyundai Inster Hyundai Inster Electric Hatchback 71kW 01 42kWh 5Dr Auto

Hyundai Inster Hyundai Inster Electric Hatchback 71kW 01 42kWh 5Dr Auto

Lease from

/ month

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

P11D

£23,690 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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Net Lease Cost

Monthly

£626

Annual

£7,501

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£886.22 £10,634.64
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£177.25 £2,127.00
Employer 13.2% VAT hand back on lease
£88.63 £1,063.56
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£974.84 £11,698.08
Employer Contribution (8% NI Saving)*
£128.67 £1,544.04
Lease cost employer pays
£846.17 £10,154.04
Tax saving (20%)
£169.24 £2,030.88
Employee NI saving (8%)
£67.70 £10,154.04
Benefit in Kind (BIK) Tax (4%)
£15.80 £189.60
Net Lease Cost
£625.03 £7,500.36
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