I'm in the very fortunate position of having a company car - currently a '68 plate Volvo V90 R-Design D4. It's fully funded - lease, insurance, maintenance, tyres and fuel (inc private mileage). Yes I pay both car and fuel BIK on it but it works for me.
Our company has recently made the very bold decision to transition all it's company car fleet to electric vehicles over the next few years. Further comms were sent out to us yesterday and they are investigating the possibility of terminating leases earlier than planned. Typically our cars are on 4 year leases, I have 20 months left on mine.
So I thought I'd start a little thread to highlight my research into EVs. My model choices vary but I could be looking at a choice of the following:
Employees will need to make a (monthly salary sacrifice) contribution towards the desired model - which can vary from £0 to £350 per month. We'll be fully responsible for charging (whether that's at home or at public chargers) - no allowance will be given towards a home charger. The lease, insurance and maintenance will continue to be borne by the company. Business mileage can be claimed back at 4p per mile (as per HMRC rates)
Interesting time eh?!
Initial thoughts for me:
I'd welcome any thoughts if anyone has been through a similar process and I'll keep this updated as things progress or if I do test drives etc.
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Our company has recently made the very bold decision to transition all it's company car fleet to electric vehicles over the next few years. Further comms were sent out to us yesterday and they are investigating the possibility of terminating leases earlier than planned. Typically our cars are on 4 year leases, I have 20 months left on mine.
So I thought I'd start a little thread to highlight my research into EVs. My model choices vary but I could be looking at a choice of the following:
- Kia e-Nero
- Tesla Model 3
- Mercedes Benz EQC
- Audi E-Tron
- Jaguar I-Pace
- Tesla Model S
Employees will need to make a (monthly salary sacrifice) contribution towards the desired model - which can vary from £0 to £350 per month. We'll be fully responsible for charging (whether that's at home or at public chargers) - no allowance will be given towards a home charger. The lease, insurance and maintenance will continue to be borne by the company. Business mileage can be claimed back at 4p per mile (as per HMRC rates)
Interesting time eh?!
Initial thoughts for me:
- Daily round trip commute varies between 75 miles and 110 miles so I have no issue with range from this perspective
- Family is all local within 30 mile round trip
- I can have a charger at home and move to a home EV elec tariff to give me cheap (3p per KwH) off peak charging capabilities
- Tesla Supercharger network is a positive
- Non Tesla charging network is a negative
- Charging on the road appears to be both expensive and problematic at times (non-Tesla)
- Furthest client is 116 miles away so could possibly only do that with the Tesla 3 or S without a recharge
- Don't really like the Merc
- Think the I-Pace looks stunning
- Not sure the Tesla 3 is large enough in the rear for my needs
- Do have roof bars and 4 bike carriers (Thule) on the Volvo which I'd need to transfer to any new car - shouldn't be an issue
I'd welcome any thoughts if anyone has been through a similar process and I'll keep this updated as things progress or if I do test drives etc.
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