Hi acw,
cannot dispute the figures above, but worth noting the horrendous increases in insurance costs, especially BEVs. Then there is Sunak’s so called luxury road tax. One penny over £40000 rrp inc options and extra £410 for 5 years. Will apply to BEVs next year. As I have an uncertain future medically, am very happy to sign up for my third car on the scheme.
I have no experience of company cars or leasing having previously paid cash for a new car. However, prices have increased so much, that it would be galling to kiss good bye to >£6000 VAT on day one. BEV depreciation is well documented. I suspect that without support from BIK tax bribes and Motability support, the shortfall in ZEV mandates would be considerably worse. If they suit, worry free BEVs on the scheme are a bargain.