Choosing the perfect company car to lease can be a tricky job. It’s a bit like selecting a new suit for work; it needs to look good, be practical, and not go out of style the moment you drive it.
But fear not. This blog is designed to save you time (which is money) and guide you through the leasing jungle of 2024.
From sleek electric and hybrids that radiate eco-conscious energy to tech-laden luxury sedans that make a statement, we’ve got the scoop on the best company lease cars for 2024.
We talk about:
Think of the Volvo EX30 as a younger sibling to the EX90. A small electric SUV, the EX30 is a great option for those looking for a practical, affordable, and comfortable company car.
Available with three powertrains, the single motor extended range version returns up to a combined 295 miles of electric range. Drive it in a city, and Volvo claims this increases to 367 miles.
It comes with a 2% BiK rate.
The Tesla Model 3 has been one of the go-to choices for a company car for a while now. Coming with brilliant performance, up to 390 miles of range, and a minimalist interior design, the Tesla Model 3 will definitely get your co-workers jealous.
Recently receiving an interior update in 2023, it gets a 15.4-inch central touchscreen infotainment system that controls pretty much everything and a much-improved build quality to make it that bit more robust.
You also get access to Tesla’s charger network, which is superb.
The Model 3 has a 2% BiK rate.
If you don’t fancy a pure electric or hybrid company car, we’d recommend considering the petrol or diesel versions of the Skoda Octavia. If you want to go green, a plug-in hybrid version is available.
Coming with generous space for passengers and a massive boot of up to 600 litres, the Octavia is one of the most practical cars on the market. It also has immense build quality and a decent range of technology.
The Octavia has a 29% BiK rate for the combustion-engined versions.
No car screams ‘company car’ quite like a Mercedes-Benz. If you fancy getting behind the wheel of a Merc, we recommend the C-Class Saloon.
Luckily for company car drivers, there’s now a plug-in hybrid version that enables some serious tax reduction, with a BiK rate of just 5%. It also comes with up to 67 miles of all-electric and a DC charging capacity of up to 55kW.
So, you want to ride in style but also have a family. What should you do? The Porsche Taycan Cross Turismo is the company car for you. An all-electric estate car, the Taycan Cross Turismo provides a great balance of performance and practicality.
The Taycan Cross Turismo comes with a 93.4kWh battery that returns up to 381 miles of range and charging capabilities of up to 270 kW. The range-topper will also shoot from 0-62mph in just 2.5 seconds, just make sure your manager doesn’t find out about it!
The Taycan Cross Turismo has a 2% BiK rate.
The BMW i4 is an all-electric saloon car that’s incredibly popular with company car drivers of the 2020s. It’s essentially an electric version of the 4 Series Gran Coupe, which has been the go-to company car for many a salesperson over the years.
Available with either a 70kWh or 83.9kWh battery, the i4 returns up to 366 miles of range and can charge at speeds of up to 205kW on higher-spec versions. You also get to use BMW’s iDrive system, one of the best infotainment systems on the market.
The i4 has a 2% BiK rate.
The MG4 EV has been incredibly popular in the last few years, and it’s not hard to see why. A fun and engaging electric hatchback, it’s ideal for company car drivers looking for a practical motor.
Available with three battery sizes, with the largest coming in at 74kWh, the MG4 EV has up to 331 miles of range and can charge at speeds of up to 150kW.
It comes with a BiK rate of 2%.
If you liked the exterior car design of the 80s and 90s, then the Hyundai Ioniq 5 is the company car for you. All you have to do next is get some circular glasses and grow a moustache! With retro styling and eye-catching alloy wheels, the Ioniq 5 is one of the better-looking electric crossovers on the market.
The Ioniq 5 has an electric range of up to 300 miles, but more impressively, it can charge at speeds of up to 350kW. This means it can charge from 0-80% in just 18 minutes!
It also has an extremely futuristic interior. The design is very minimalistic, which we like, and is complemented by a pair of 12-inch digital displays.
The Ioniq 5 has a BiK rate of 2%.
So, whether you’re aiming to impress clients, pamper yourself on long journeys, or show the eco-conscious side of your company, there’s plenty of choice for your next company lease car.
Remember, a company car is like a rolling advertisement for your company, so ensure you choose something that fits like a glove.
If you’re looking for more information on business leasing, check out our Business Leasing guides, which provide a thorough explanation of leasing to give you peace of mind.
We are also one of the UK’s largest car and van leasing brokers, offering a range of leasing deals to suit your every need. For more information, check out our leasing deals or call us at 0345 811 9595.
