Why your next company car should be electric

Is your company car lease coming to an end, or are you a business owner looking for company cars for your employees? Look no further, ditch those gas guzzlers and join the electric revolution. Here at EVision we have the perfect solution to all of your problems, with our long-term hires there are endless benefits.

Benefit in Kind

Mark your calendars because as from April 6th, 2020 the Benefit in Kind (BiK) will lower significantly for those who drive a pure electric vehicle. This means that any pure electric vehicle registered after this date will pay literally 0% tax and vehicles already registered, will still be able to receive an amazing saving, as they will pay just a mere 2% tax. Therefore, leasing an EV for your company car will save you a considerable amount of money. The government is very committed to increasing EV adoption across UK roads in order to meet climate change targets, and ensure cleaner air quality. We can’t wait for more people to finally experience the future of driving. Currently the rate for electric vehicles is set at 16%, however from April 6th pure electric vehicles will pay no company car tax in 2020/21, just 1% in 2021/22 and 2% in 2022/23. Making it a no brainer for both company owners and fleet managers to hire directly from EVision. 

Benefit in Kind Tax Changes Graph


Other Incentives

Savings don’t just stop there either! Along with Benefit in Kind there will be a range of incentives for electric vehicles such as salary sacrifice schemes, National Insurance Savings and much more!

Charge them up and watch them go!

With electricity being much cheaper than fuel, charging an electric car is much kinder to your wallet as well as the environment. To even further the companies savings you can use renewable and sustainable energy such as solar or wind power to charge your electric fleet cars or company cars.  Electric vehicles offer a great reduction in transport costs for businesses, especially for fleet vehicles with regular journeys of up to 100 miles per day. In comparison to traditional internal combustion engines (ICE) cars such as petrol or diesel, EVs have significantly lower running costs. The British Vehicle Rental and Leasing Association has calculated that depending on when and how an EV is charged, it will cost between 2 and 4 pence per mile. This compares to the 10 to 14 pence per mile of an ICE vehicle, working out the saving as roughly 60 – 80 percent! 

Do your bit for the planet

We know you don’t want your ear bitten off about saving the planet, but it is an important and obvious reason, that many take to electric vehicle adoption. The impact of climate change and the green economy are concerns for consumers and businesses alike. Moving to electric vehicles gives businesses the chance to become associated with an innovative and exciting project that addresses these issues. Think about it, if you have five standard ICE company cars that’s a lot of tailpipe emissions, such as carbon dioxide, carbon monoxide and nitrogen oxide. Compared to the guilt-free drive of a less polluting electric vehicle. 

It’s just as practical

In the grand scheme of things, you won’t be making extensive journeys everyday – even if you do there are now more electric charging points than petrol stations in the UK. Along with the government constantly boosting investments in the electric car infrastructure. With this in mind an average commute is approximately 20 miles each way, an EV is perfect for those kinds of distances as well as being a lot cheaper. Working with these figures you will only need to re-charge once a week! Making an electric company or fleet car much more appealing. However, don’t worry if you do more miles than the average 20, there is something for everyone; such as the Tesla Model S P100D, Jaguar I-Pace and Audi e-tron

Aftercare and maintenance

Electric vehicles have very few moving parts, therefore they require very little maintenance. However, as with any vehicle there are certain aspects that must be covered such as MOT, Tax and general upkeep from wear and tear. A long-term hire from EVision eliminates those problems as you will benefit from having no maintenance costs! Another added benefit is that you do not have to worry about the depreciation value of the cars.

What vehicles do we have to offer?

Here at Evision we have a wide range of electric vehicle available for your company and fleet car needs:

Little added extras

We offer our customers the opportunity to become an account customer when they hire regularly or for a long-term hire. This means that you will benefit from a 30 day credit and payment term. No deposit will be required and you aren’t tied down to a contract. There is also flexibility to upgrade or downgrade your fleet cars at any time. As well as this, fleet and company clients of EVision enjoy a further discount on multi-car hires. Making us the perfect choice for your company cars for businesses of all sizes.

Why choose EVision?

We don’t only provide electric car hire in Kent, we provide company cars and electric fleet cars all over the UK. Whether it be for 3 months, 6 months or 12 months.  Contact our team today to book your companies EVs to avoid disappointment and start saving!

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