FORD EXPLORER EXPLORER ELECTRIC ESTATE 250kW Select 79kWh AWD 5dr Auto

FORD EXPLORER EXPLORER ELECTRIC ESTATE 250kW Select 79kWh AWD 5dr Auto

Lease from

/ month

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

P11D

£41,496 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

£1,046

Annual

£12,550

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,480.98 £17,771.76
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£296.20 £3,554.40
Employer 13.2% VAT hand back on lease
£148.10 £1,777.20
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,629.08 £19,548.96
Employer Contribution (8% NI Saving)*
£215.03 £2,580.36
Lease cost employer pays
£1,414.05 £16,968.60
Tax saving (20%)
£282.81 £3,393.72
Employee NI saving (8%)
£113.13 £16,968.60
Benefit in Kind (BIK) Tax (4%)
£27.67 £332.04
Net Lease Cost
£1,045.78 £12,549.36
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