If you would like to compare two or more company cars we have built a flexible and highly informative tool to help you do just that.
Simply choose the makes, models and variants of company car you would like to compare and then change as many options as you wish. These include total anticipated mileage, private mileage, private fuel provided by the company and the employee’s salary.
The tool will display VED, business fuel cost, contract hire cost, non-reclaimable VATs, tax on benefits, Class 1A NIC on benefits and the total cost for each company car you would like to compare.
The results page will also display the whole life cost of any given individual company car. This figure will take into account various factors including the holding period, maintenance costs, depreciation, acquisition price and running costs.