MG MG4 MG4 HATCHBACK 150kW SE [Nav] EV Long Range 64kWh 5dr Auto

MG MG4 MG4 HATCHBACK 150kW SE [Nav] EV Long Range 64kWh 5dr Auto

Lease from

/ month

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P11D

£29,680 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.

Vehicle Specification

Performance

Range

281 miles

Top Speed

100 mph

0-62 mph

7.9 secs

Fuel

Electric

Dimensions

Seats

5 seats

No. Doors

5 doors

Body Style

hatchback

Boot Space

289 litres

Car Size & Weight

Length

4287 mm

Width

1836 mm

Weight

2133 kg

Salary Sacrifice Quote

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Lease Details

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Address Details

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Net Lease Cost

Monthly

£767

Annual

£9,195

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,085.73 £13,028.76
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£217.15 £2,605.80
Employer 13.2% VAT hand back on lease
£108.58 £1,302.96
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,194.30 £14,331.60
Employer Contribution (8% NI Saving)*
£157.64 £1,891.68
Lease cost employer pays
£1,036.66 £12,439.92
Tax saving (20%)
£207.34 £2,488.08
Employee NI saving (8%)
£82.94 £12,439.92
Benefit in Kind (BIK) Tax (4%)
£19.79 £237.48
Net Lease Cost
£766.17 £9,194.04
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