MG Motor UK IM5 ELECTRIC HATCHBACK 300kW Long Range 100kWh 5dr Auto

MG Motor UK IM5 ELECTRIC HATCHBACK 300kW Long Range 100kWh 5dr Auto

Lease from

/ month

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

P11D

£45,430 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

441 miles

Top Speed

136 mph

0-62 mph

4.9 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

2640 kg

Salary Sacrifice Quote

1

Lease Details

2

Personal Details

Please ensure all personal details are completed accurately

3

Address Details

4

Business Contact Details

This may be your company's HR manager, finance lead, or payroll contact responsible for salary sacrifice arrangements

Net Lease Cost

Monthly

£754

Annual

£9,039

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£1,051.57 £12,618.84
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£210.32 £2,523.84
Employer 13.2% VAT hand back on lease
£105.16 £1,261.92
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,156.73 £13,880.76
Employer Contribution (8% NI Saving)*
£152.68 £1,832.16
Lease cost employer pays
£1,004.05 £12,048.60
Tax saving (20%)
£200.81 £2,409.72
Employee NI saving (8%)
£80.33 £12,048.60
Benefit in Kind (BIK) Tax (4%)
£30.29 £363.48
Net Lease Cost
£753.20 £9,038.40
Site by Ricorocks

Cookie Consent

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas eget diam vitae risus scelerisque porttitor id a ligula. Pellentesque sed elit venenatis, egestas tortor nec, sollicitudin turpis.

Custom

Allow Ad Storage
Allow Ad User Data
Allow Ad Personalisation
Allow Analytics Storage