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

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

Lease from

/ month

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

P11D

£51,925 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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Address Details

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Business Contact Details

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Net Lease Cost

Monthly

£1,174

Annual

£14,079

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,656.27 £19,875.24
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£331.26 £3,975.12
Employer 13.2% VAT hand back on lease
£165.63 £1,987.56
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,821.90 £21,862.80
Employer Contribution (8% NI Saving)*
£240.49 £2,885.88
Lease cost employer pays
£1,581.41 £18,976.92
Tax saving (20%)
£316.29 £3,795.48
Employee NI saving (8%)
£126.52 £18,976.92
Benefit in Kind (BIK) Tax (4%)
£34.62 £415.44
Net Lease Cost
£1,173.22 £14,078.64
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