The Ultimate Guide to Choosing the Best Company Car

Choosing the perfect company car is a thrilling task when starting a new job. With increased taxation, not as many employees are vying for a company vehicle, but selecting wisely can still provide an excellent perk that saves you money.

Reducing Benefit-in-Kind (BIK) tax, applied to company cars, is best achieved by opting for an electric car. Business users are only liable for a charge based on 2% of the car’s value, leading to significant tax savings. While electric cars have advanced, they may not be suitable for drivers with high mileage requirements.

For many employees, traditional internal combustion engine (ICE) and hybrid models remain the more practical choice. Although these options may result in a higher salary sacrifice compared to zero-emission vehicles, careful selection can minimize monthly expenses.

Our top 10 list focuses on ICE and hybrid models across various categories, including small cars and SUVs. Each recommendation combines low BIK bills with appealing driving dynamics to keep things interesting.

Top 10 Best Company Cars