MG Motor UK MG4 URBAN HATCHBACK 118kW Comfort Long Range 54kWh 5dr Auto

MG Motor UK MG4 URBAN HATCHBACK 118kW Comfort Long Range 54kWh 5dr Auto

Lease from

/ month

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

P11D

£25,430 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

258 miles

Top Speed

99 mph

0-62 mph

9.5 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

1970 kg

Salary Sacrifice Quote

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Address Details

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Net Lease Cost

Monthly

£492

Annual

£5,898

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£690.29 £8,283.48
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£138.06 £1,656.72
Employer 13.2% VAT hand back on lease
£69.03 £828.36
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£759.32 £9,111.84
Employer Contribution (8% NI Saving)*
£100.23 £1,202.76
Lease cost employer pays
£659.09 £7,909.08
Tax saving (20%)
£131.82 £1,581.84
Employee NI saving (8%)
£52.73 £7,909.08
Benefit in Kind (BIK) Tax (4%)
£16.96 £203.52
Net Lease Cost
£491.50 £5,898.00
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