Business Car Manager verdict
The Tesla Model S feels like a real revolution in electric cars from its usable range and hi-tech interior to its blistering performance and luxury car comfort.
It’s a really intriguing company car proposition because of its 100% write-down allowance and company car tax exemption (not to mention zero road tax and congestion charge).
Compare that with an ‘entry level’ diesel S-Class, for example, which has a BIK value of £15,614 (so a 40% tax payer will pay around £6500 a year in company car tax) and you can quickly see there’s a solid financial argument in favour of the Model S. Plus the Tesla is 2 seconds quicker in the sprint!
It’s not going to be perfect for everyone but you should at least consider it – this feels like the time that electric cars have really come of age.
The Low Down…
| Doors and body style | 5-door saloon |
| Engine/gearbox | Electric motor/Single speed |
| CO2 Emissions | 0g/km |
| Range | 312 miles |
| Power/torque | 469hp/600Nm |
| 0-60mph/top speed | 4.2secs/130mph |
| Insurance group | N/A |
…and what it costs
| P11D Value | £74,515 | |
| Monthly business rental (ex VAT) | N/A | |
| Road tax (VED) | Band A | |
| Company Car Tax Bands 2013/14 to 2015/16 | 0%, 0%, 5% | |
| Benefit in kind (BIK) 2013/14 to 2015/16 | £0, £0, £3723 | |
| Annual/Monthly fuel benefit (20%) | £0 | |
| Annual/Monthly fuel benefit (40%) | £0 | |
| Annual/monthly company car tax (20%) | £0 | |
| Annual/monthly company car tax (40%) | £0 | |
| Figures correct at time of posting | ||
| For latest figures | Use our company car tax calculator | |
