There’s a huge list to choose from, but here are our favourite company cars
One of the most exciting tasks when starting a new job is making sure you tick the box for the best company car. Increased taxation means that not as many employees are clamouring for a set of work wheels, but choose wisely and it still remains an excellent perk that can also save you cash.
Of course, the best way to reduce Benefit-in-Kind (BIK – the tax applied to company cars) is to pick an electric vehicle (EV), with business users being liable for a charge based on just 2% of the car’s value. As a result, battery-powered models can save user-choosers thousands of pounds a year in tax, and for out top picks in this category you can gp here. However, while EVs (and the charging infrastructure they rely on) have come on leaps and bounds, these types of machines still don’t make sense for many drivers, who rack up big distances on a tight schedule.
As a result, traditional internal combustion engine (ICE) and hybrid models still make more sense for many employees. Of course, many of them will result in a much larger salary sacrifice than zero emissions vehicles, but choose carefully and you can still minimize your monthly outlay.
So which ones are best? Well, here’s our top 10 choices across a number of categories. From small cars to SUVs there should be something for everyone, with each combining low BIK bills with enough driver appeal to keep things interesting.
