MG MOTOR UK IM5 ELECTRIC HATCHBACK 217kW Standard Range 75kWh 5dr Auto

MG MOTOR UK IM5 ELECTRIC HATCHBACK 217kW Standard Range 75kWh 5dr Auto

Lease from

/ month

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

P11D

£39,885 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

304 miles

Top Speed

124 mph

0-62 mph

6.8 secs

Fuel

Electric

Dimensions

Seats

5 seats

No. Doors

5 doors

Body Style

hatchback

Boot Space

457 litres

Car Size & Weight

Length

4931 mm

Width

1960 mm

Weight

2610 kg

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

£563

Annual

£6,748

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£779.21 £9,350.52
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£155.85 £1,870.20
Employer 13.2% VAT hand back on lease
£77.93 £935.16
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£857.13 £10,285.56
Employer Contribution (8% NI Saving)*
£113.14 £1,357.68
Lease cost employer pays
£743.99 £8,927.88
Tax saving (20%)
£148.80 £1,785.60
Employee NI saving (8%)
£59.52 £8,927.88
Benefit in Kind (BIK) Tax (4%)
£26.59 £319.08
Net Lease Cost
£562.26 £6,747.12
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