Why not ask your accountant?

My friend Neil runs his own business.  He’d previously bought all his Range Rovers personally through PCP finance.  By taking advantage of the low BIK rates on Hybrid vehicles, he swapped to leasing a hybrid Range Rover through the business, saving thousands of pounds over the three years of the contract.

HOW IT WORKD FOR NEIL, COULD THIS WORK FOR YOU?

Range Rover Sport 3.0 P460e Autobiography

What it costs the company

£X,XXX

INITIAL RENTAL + VAT

£XXX

MONTHLY PAYMENTS + VAT

£0

VED FIRST YEAR

What it costs Neil

£5,233

/YEAR BENEFIT IN KIND

5%

BIK PERCENTAGE CHARGE

=

£2,093

TAX PAYABLE AT 40%

Including

Free Home Charger

8.9

% g/km CO2

LOW TAILPIPE EMISSIONS
Range Rover Sport PHEV can help reduce your organisation’s overall impact on the environment and reflect your commitment to sustainable business.

60 mins

Rapid DC charging (50kW) 0 – 80%

CHARGING TIME
Our figures for rapid DC charging points – typically found at motorway service stations and main roads – are quoted up to 80 percent. This is because the charging speed slows down significantly above 80 percent to protect the battery and optimise its life.

73.3

MILES

ALL ELECTRIC RANGE
Range Rover Sport PHEV is fully capable of managing commutes in full Electric Vehicle (EV) mode, with a range of up to 73.3 miles.

"With my Range Rover Sport 73 mile electric range, I spend next to nothing driving locally and always leave the house with a full charge."

Neil