MG Motor UK MG4 URBAN HATCHBACK 110kW Comfort Standard Range 43kWh 5dr Auto

MG Motor UK MG4 URBAN HATCHBACK 110kW Comfort Standard Range 43kWh 5dr Auto

Lease from

/ month

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

P11D

£23,430 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

201 miles

Top Speed

99 mph

0-62 mph

9.6 secs

Fuel

Electric

Dimensions

Seats

5 seats

No. Doors

5 doors

Body Style

hatchback

Boot Space

577 litres

Car Size & Weight

Length

4395 mm

Width

1842 mm

Weight

1910 kg

Salary Sacrifice Quote

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Lease Details

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Address Details

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Net Lease Cost

Monthly

£466

Annual

£5,591

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£654.93 £7,859.16
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£130.99 £1,571.88
Employer 13.2% VAT hand back on lease
£65.50 £786.00
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£720.42 £8,645.04
Employer Contribution (8% NI Saving)*
£95.09 £1,141.08
Lease cost employer pays
£625.33 £7,503.96
Tax saving (20%)
£125.07 £1,500.84
Employee NI saving (8%)
£50.03 £7,503.96
Benefit in Kind (BIK) Tax (4%)
£15.62 £187.44
Net Lease Cost
£465.85 £5,590.20
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