Dilemma Time-
Its time to decide on a new company car. Currently have a 330e MSport Pro. Been a decent company car, but the BiK savings to be had on BEV make it a very appealing prospect.
Ill freely admit that PHEV is just a company car tax fiddle, an electric car lugging around an ICE when on Electric, and an ICEV lugging a battery when on Petrol means it not very economical, which didn't really bother me as it have a fuel card with it - another Taxable Benefit. And at that I never really charged it at home, but the relaxation while running on electric mode was pretty good.
However; a BEV with 2% BiK is now very appealing, but, there is no 'Fuel Card' as such and any charging would need to be paid by myself, and business mileage recouped.
Dilemma 1 - With Electricity prices where they are, and Pay to Charge infrastructure, is it still cheaper 'all in' with the BiK Saving, and the electricity cost than having the Tax Payable on a PHEV and a Fuel Card?
Dilemma 2 - Company Budget is normally £600-700pm maintained (3+36). It essentially pick your own as long as it fits that, which 3 years ago seemed a lot easier than it looks now with the cost of everything heading up. Theres Tesla M3LR floating at the very high end of that budget, iX3's seem possible. Polestar 2?
Essentially looking some feedback from owners as to whether its still a cheap way of motoring even with Electricity Rates heading the way they are, and if im missing some BEV's that are worth a look at?
Cheers.
Its time to decide on a new company car. Currently have a 330e MSport Pro. Been a decent company car, but the BiK savings to be had on BEV make it a very appealing prospect.
Ill freely admit that PHEV is just a company car tax fiddle, an electric car lugging around an ICE when on Electric, and an ICEV lugging a battery when on Petrol means it not very economical, which didn't really bother me as it have a fuel card with it - another Taxable Benefit. And at that I never really charged it at home, but the relaxation while running on electric mode was pretty good.
However; a BEV with 2% BiK is now very appealing, but, there is no 'Fuel Card' as such and any charging would need to be paid by myself, and business mileage recouped.
Dilemma 1 - With Electricity prices where they are, and Pay to Charge infrastructure, is it still cheaper 'all in' with the BiK Saving, and the electricity cost than having the Tax Payable on a PHEV and a Fuel Card?
Dilemma 2 - Company Budget is normally £600-700pm maintained (3+36). It essentially pick your own as long as it fits that, which 3 years ago seemed a lot easier than it looks now with the cost of everything heading up. Theres Tesla M3LR floating at the very high end of that budget, iX3's seem possible. Polestar 2?
Essentially looking some feedback from owners as to whether its still a cheap way of motoring even with Electricity Rates heading the way they are, and if im missing some BEV's that are worth a look at?
Cheers.