TESLA MODEL Y MODEL Y HATCHBACK Long Range RWD 5dr Auto

TESLA MODEL Y MODEL Y HATCHBACK Long Range RWD 5dr Auto

Lease from

/ month

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

P11D

£40,000 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

£1,117

Annual

£13,397

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,585.16 £19,021.92
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£317.04 £3,804.48
Employer 13.2% VAT hand back on lease
£158.52 £1,902.24
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,743.68 £20,924.16
Employer Contribution (8% NI Saving)*
£230.16 £2,761.92
Lease cost employer pays
£1,513.52 £18,162.24
Tax saving (20%)
£302.71 £3,632.52
Employee NI saving (8%)
£121.09 £18,162.24
Benefit in Kind (BIK) Tax (4%)
£26.67 £320.04
Net Lease Cost
£1,116.39 £13,396.68
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