MG Motor UK MG4 HATCHBACK 320kW XPOWER 64kWh 5dr Auto

MG Motor UK MG4 HATCHBACK 320kW XPOWER 64kWh 5dr Auto

Lease from

/ month

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

P11D

£33,930 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

251 miles

Top Speed

124 mph

0-62 mph

3.8 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

2258 kg

Salary Sacrifice Quote

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Lease Details

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Personal Details

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3

Address Details

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Business Contact Details

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Net Lease Cost

Monthly

£685

Annual

£8,212

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£962.55 £11,550.60
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£192.51 £2,310.12
Employer 13.2% VAT hand back on lease
£96.26 £1,155.12
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£1,058.80 £12,705.60
Employer Contribution (8% NI Saving)*
£139.76 £1,677.12
Lease cost employer pays
£919.04 £11,028.48
Tax saving (20%)
£183.81 £2,205.72
Employee NI saving (8%)
£73.53 £11,028.48
Benefit in Kind (BIK) Tax (4%)
£22.62 £271.44
Net Lease Cost
£684.32 £8,211.84
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