MG Motor UK MG4 HATCHBACK 180kW Premium Extended Range 77kWh 5dr Auto

MG Motor UK MG4 HATCHBACK 180kW Premium Extended Range 77kWh 5dr Auto

Lease from

/ month

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P11D

£32,930 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

338 miles

Top Speed

112 mph

0-62 mph

6.2 secs

Fuel

Electric

Dimensions

Seats

5 seats

No. Doors

5 doors

Body Style

hatchback

Boot Space

388 litres

Car Size & Weight

Length

4287 mm

Width

1836 mm

Weight

2203 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

£616

Annual

£7,382

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£862.91 £10,354.92
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£172.59 £2,071.08
Employer 13.2% VAT hand back on lease
£86.30 £1,035.60
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£949.20 £11,390.40
Employer Contribution (8% NI Saving)*
£125.29 £1,503.48
Lease cost employer pays
£823.91 £9,886.92
Tax saving (20%)
£164.79 £1,977.48
Employee NI saving (8%)
£65.92 £9,886.92
Benefit in Kind (BIK) Tax (4%)
£21.96 £263.52
Net Lease Cost
£615.16 £7,381.92
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