MG Motor UK MG4 HATCHBACK 170kW Premium Long Range 64kWh 5dr Auto

MG Motor UK MG4 HATCHBACK 170kW Premium Long Range 64kWh 5dr Auto

Lease from

/ month

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

P11D

£29,930 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

280 miles

Top Speed

112 mph

0-62 mph

7.5 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

2213 kg

Salary Sacrifice Quote

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Lease Details

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Address Details

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Net Lease Cost

Monthly

£546

Annual

£6,542

Calculation Breakdown

Description
Monthly Annual
Lease excluding VAT
£763.98 £9,167.76
Maintenance excluding VAT
£0.00 £0.00
20% VAT
£152.80 £1,833.60
Employer 13.2% VAT hand back on lease
£76.40 £916.80
Employer 20% VAT hand back on maintenance
£0.00 £0.00
Inclusive lease price
£840.38 £10,084.56
Employer Contribution (8% NI Saving)*
£110.93 £1,331.16
Lease cost employer pays
£729.45 £8,753.40
Tax saving (20%)
£145.89 £1,750.68
Employee NI saving (8%)
£58.36 £8,753.40
Benefit in Kind (BIK) Tax (4%)
£19.96 £239.52
Net Lease Cost
£545.16 £6,541.92
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