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Top 10 Company Cars

By Maxine Ashford | April 25, 2022

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We take a look at the top 10 company cars on the market

Top 10 Company Cars

There was a time when company cars were for the more elite career person and it was seen as a huge work perk.

But these days, more and more people benefit from a work car and many are given a choice to choose from too.

Diesel-powered models were previously the automatic ‘go-to’ choice for any company car driver. Firstly, they deliver superior mpg to petrol cars and secondly, their carbon emissions are lower and that impacts on the tax paid on company cars.

It’s called Benefit-In-Kind and the taxman penalises you for the perk of a company car if it is driven for personal use. The amount you pay is based on the vehicle’s CO2 emissions, the cost of the car and your annual salary.

In recent times, there has been quite a shift and that’s because of the influx of quality electric and plug-in hybrid models, many of which had a first-year BIK rating of zero per cent, increasing to one per cent after the first 12 months. Government increases in April 2022 saw that increase slightly to two per cent.

While EVs were once a concern with their limited range and also limited choice, things have changed recently with some models offering more than 300 miles on a single charge and that’s a figure that will dispel any range anxiety fears. And EVs come in all shapes and sizes too which means you can opt for a city car or fully-grown SUV.

With that in mind, it will come as little surprise to learn that the Regit top 10 company cars includes a number of hybrid, plug-in hybrid and electric vehicles.

BMW 3 Series 330e

The BMW 3 Series has been a firm favourite with business drivers for years with its dynamic styling and performance to match. The aggressively-designed saloon with plug-in hybrid technology is the perfect choice for anyone wanting to embrace the move towards electrification without fully committing.

It has an electric range of 30 miles, still features all the outstanding driving dynamics associated with the 3 Series but boasts a nice low 10 per cent BIK rate. And if space is a priority, an estate version could be the perfect solution.

Range Rover Evoque P300e

Land Rover has a wealth of models offering plug-in hybrid technology in its current line-up with the mighty king of the off-road Defender right the way through to more luxurious and flagship Range Rover versions. 

However, the Range Rover Evoque P300e is definitely worth a look and, unlike some rivals in our list, brings exceptional 4x4 qualities to the mix. 

Once again, the PHEV technology will introduce impressive tax benefits.

Volkswagen ID.3

This VW will take you down the fully electrified route so comes with attractive tax savings thanks to its BIK rate of 2 per cent.

There is a choice of batteries with the smallest 45kWh unit offering a driving range of 205 miles between charges. If a longer range is required, then the option of a 77kWh battery offers up to 341 miles.

The ID.3 is beautifully designed, spacious and great to drive. The only slight issue we encountered were some slow screen functions, but that was an early model and they will have been ironed out by now.

Skoda Superb iV

The Skoda Superb has proved exceptionally popular amongst fleet drivers over the years and its popularity also spread to the taxi sector and they like a bargain. It’s reliable, packed with kit, spacious and beautifully simple to drive.

There are numerous trim levels along with a range of engine choices with a plug-in hybrid model boasting combined fuel efficiency in excess of 210mpg. And that’s not to be scoffed at.

Mercedes EQC

EQ is the Mercedes name for its electrified line-up so expect to see plenty of relevantly badged cars on the roads in the coming months and years. The five-door EQC is based on the design of the popular GLC car but has plenty of stand-out design cues to give it its own identity.

It is beautiful to drive and features a gorgeous interior that is packed with technology and offers every creature comfort imaginable. And it’s practical too with a generously-sized boot and the battery can be boosted via a fast charger from 10 to 80 per cent in just 40 minutes.

Volvo XC40 Recharge

How could we have a list of top company cars without trying to pick the best of the many Volvo models to fit the bill? We have opted for the new front-wheel drive pure electric XC40 Recharge (or the XC40 Recharge Twin for AWD).

While both the above models sit in this year’s latest BIK rating table at two per cent, there is an entry-level Core model which has a P11D value of £43,495 (compared with £54,245 for the cheapest XC40 Recharge Twin). This equates to a monthly company car tax bill of just £14.50 for a 20 per cent taxpayer (£29.00 for a 40 per cent taxpayer).

If that’s not enough to tip the balance, it looks amazing too.

Kia EV6

The fully electrified EV6 is available in three trim grades, with prices starting from £40,945 for the entry-level RWD Air specification which offers up to 328 miles driving range.

It is Kia’s first fully dedicated EV and has been scooping awards galore across the globe since launch. And little wonder really as it looks amazing and boasts performance to match its dynamic styling.

With the zero emissions BIK rating increasing to two per cent in April, 2022, this is a great model to check out.

Audi Q4 e-tron

This five-door SUV is the complete package from the German carmaker. It looks the business, drives beautifully, is packed with tech and offers superb BIK savings thanks to its all-electric powertrain.

Sitting neatly between the Q3 and Q5 models in the Audi line-up, the Q4 e-tron is available with a choice of batteries called 35 e-tron, 40 e-tron and 50-e-tron. The battery sizes increase as you go up through the range as does the mileage between charges with the 50 e-tron offering up to 316 miles – this version also gains 4WD.

The boot is practical in size ranging from 520 litres to 1,490 litres with the rear seats dropped flat.

Tesla Model 3 Long

We are seeing more and more Tesla cars on our roads these days and it’s little wonder why. Classy designs, beautifully refined interiors and brilliant to drive. The fully electrified car sees zero emissions so that 2 per cent BIK rate applies, but it’s also worth noting that Tesla boasts one of the finest networks of rapid chargers.

And if range anxiety were an issue then this car should put any fears to bed with its 360 miles between charges under WLTP testing. The huge 15-inch landscape screen is the car’s nerve centre and does take a little getting used to, but everything works very well within the cockpit and comfort levels are sublime.

Porsche Taycan Cross Turismo

How can we ignore a supercar such as the Porsche Taycan Cross if we are eyeing up our favourite company cars. Yes, the initial outlay is huge, but it is zero emissions thanks to its all-electric powertrain.

A choice of models introduces all manner of firepower with the top spec car offering a whopping 490PS with 650Nm of torque. There is even a turbo version with a sub-three second 0-62mph sprint time.  

Maybe not the most economical choice on the list with a list price starting from £88k before options (expect to pay lots more), but still worth considering if fun is high on the agenda.

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