Howard wrote:
The quote is from Leasing.com see: https://leasing.com/car-leasing/bmw/3-series/ The broker GB.com is quoting £326.58 a month for the terms I entered (10k mileage per year, 35+6 months). It doesn't include a maintenance package which will cost a little more per month.
Out of interest, I looked up the BIK allowance for the 330e and the following quote was interesting:
"If you’re looking to treat yourself to a premium executive saloon, the BMW 3 Series is the best in the business, and has been for a wee while now."
"The battery assisted engine has an all-electric driving range of 37 miles when fully charged. This helps the 330e produce a miniscule 37g/km Co2 emissions, which in turn, places the 330e in the lowest BIK bracket and paying a BIK rate of 16%."
See: https://www.leasefetcher.co.uk/lists/best-company-cars.
To be honest, I haven't looked at the BIK costs in fine detail as I am retired. As you know from a previous post elsewhere, I have a friend who has just got a Tesla Model 3 and, as a company director, he is amazed how cheap it will be to run, taking into account the government subsidies. However, he preferred his previous Merc from a driving viewpoint. It's early days, it will be interesting to see if the Tesla service is ok as he will be a demanding customer and will not be amused if the car lets him down.
regards
Howard
Thanks Howard
That's a good price.
"The battery assisted engine has an all-electric driving range of 37 miles when fully charged. This helps the 330e produce a miniscule 37g/km Co2 emissions, which in turn, places the 330e in the lowest BIK bracket and paying a BIK rate of 16%."
This is a little disingenuous though. The BIK rate for a BEV over the next 3 years will be 0%, 1% and 2% respectively. So on a £40k car at 40% tax rate saving over £2000 per year of post tax income vs 16%.
Thanks for the thoughts though, very helpful to consider all options.
John