- You must be careful about the sacrifice – if the figure was produced by the likes of Octopus through their website then it is definitely incorrect – it is how much it will cost you netto, not brutto . If it was your HR guy at NHS that it is more plausible.
- By providing you with a vehicle, an employer saves on NI and some contribute it back to you via pension for example. If this is the case – you have a bob or two extra.
- BiK rates are rising – from April this year you will pay 3% tax, from April following year – 4% tax. Which is minus £15-£20 a month from your pocket.
- Do you plan to do over 10,000 miles per annum? If yes – calculate extra miles costs in.
- Do you plan to travel abroad with this car? We do with ours several times a year. If you go with MB until end of Q2 I understand your trips abroad are covered for the duration of the lease.
- EVs eat into tyres and yours won’t be an exception: powerful little beauty. Check how many tyres you’re entitled to. On MB it is still 8 tyres. I have 7 replaced since April 2024 (MB refused last weekend to replace the 8th – still has 2 mm).
Sent from a mobile device.
Apologies for briefness and spelling mistakes.
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