Business Car Manager Road Test Verdict
While the debate will rage for many months to come whether the Peugeot 308 deserves this year’s Car of the Year award, it remains a fine piece of kit and should go some way to undermining the perceived wisdom that small engines can’t power company cars.
They can. And can make a lot of sense for company car drivers who do fewer miles thanks to low P11D values and the lower cost of unleaded at the fuelling stations.
So if you’re in the market for a new company car, do your maths first – a petrol company car can be more cost beneficial to you. Easier still – use our company car tax calculator to do it for you.
The Low Down…..
Doors and body style | 5 door estate |
Engine/gearbox: | 1.2-litre 3-cyl turbocharged petrol/5 speed manual |
CO2 Emissions: | 85g/km |
Economy: | 40mpg |
Power/torque: | 130BHP/230Nm |
0-62mph/top speed: | 12.1secs/127mph |
Insurance group: | 14 |
…..and what it costs
P11D Value | £19,240 |
Monthly business rental (ex VAT) | From £xxx (3yrs/30,000 miles) |
Road tax (VED) | £0 |
Company Car Tax Bands 2014/15 to 2016/17 | 14%, 16%, 18% |
Benefit in kind 2014/15 to 2016/17 | £2,694 £3,078 £3,463 |
Annual/Monthly fuel benefit (20%) | £608/£51 |
Annual/Monthly fuel benefit (40%) | £1,215/£101 |
Annual/monthly company car tax (20%) | £539/£45 |
Annual/monthly company car tax (40%) | £1,077/£90 |
Figures correct at time of posting | 04.11.2014 |
For latest figures | Use our company car tax calculator |