With the new WLTP legislation making waves throughout the automotive sector, company vehicle drivers have seen benefit in kind tax figures soar out of control due to the traditional Benefit in Kind tax calculation of P11D vs C02 emissions on their company car.
Due to these soaring tax figures, drivers and Fleet Managers alike often consider the pro’s and con’s of moving to a grey fleet structure. The recategorization of C02 levels has made many question whether taking luxury saloons (let alone traditional four wheel drive SUV models) is viable for individuals or for businesses as a whole.
As the new X-Class joins the ranks of viable Light commercial vehicle / pickup alternatives for company car drivers, there is a huge range of benefits to be had. These start at the pocket with commercial vehicles being taxed at just £3,350 on either a 40% or 20% basis (depending on income). Benefits also extend to fuel savings with a fixed rate on this as well rather than the traditional BIK calculation.
Compared to other luxury company car favourites, choosing an X-Class could result in a Business in Kind tax saving of more than £8,000 compared to some traditional luxury company car choices. This saving also applies to the newly launched V6 X-Class X350 d 4MATIC - as, with all commercial vehicles, the X-Class is subject to a flat Business in Kind tax levy.
|Model||Co2 g/km||p11d Value||2018/19||2018/19 tax to be paid|
|Diesel||20% Income Tax||40% Income Tax|
|Mercedes-Benz C-Class Saloon C 300 d AMG Line||130||£39,955.00||31%||£2,477.21||£4,954.42|
|Mercedes-Benz E-Class Saloon E 400 d 4MATIC AMG Line||154||£53,800.00||35%||£3,766.00||£7,532.00|
|Mercedes-Benz GLC SUV GLC 250 d 4MATIC AMG Line||163||£44,130.00||37%||£3,265.62||£6,531.24|
|Mercedes-Benz GLE SUV GLE 350 d 4MATIC||205||£63,215.00||37%||£4,677.91||£9,355.82|
|BMW 3-Series Saloon 320d xDrive M Sport||120||£39,440.00||29%||£2,287.52||£4,575.04|
|BMW X3 SUV xDrive30d xLine||157||£46,070.00||36%||£3,317.04||£6,634.08|
|BMW X5 SUV xDrive30d M Sport||162||£60,110.00||37%||£4,448.14||£8,896.28|
|Mercedes-Benz X 220 d 4MATIC PURE||200||-||£646.00||£1,292.00|
|Mercedes-Benz X 250 d 4MATIC PURE||207||-||£646.00||£1,292.00|
|Mercedes-Benz X 250 d 4MATIC PROGRESSIVE||207||-||£646.00||£1,292.00|
|Mercedes-Benz X 350 d 4MATIC POWER||237||-||£646.00||£1,292.00|
Luxury pickups such as the X-Class are a great alternative as a consideration for company car drivers and are an opportunity to not only save money, but to still give a company vehicle driver a practical and comfortable vehicle solution.
Traditionally, pickups are notoriously more commercially driven in terms of look, drive and feel. But the new X-Class bucks this trend and stands out from the crowd, with a more car like driving feel along with a number of car derived features to make driving it a real pleasure. Features such as the optional 360° camera assist with those tight space and parallel parking needs, Active Brake Assist which gives supreme safety credentials, and the unrivalled comfort and style ensure the pickup is even more car like.
Speak to our experienced sales team for more information on how the X-Class could help you reduce your tax payments compared to other, more traditional, luxury company car options.
With 11 branches throughout Berkshire, Gloucestershire, Oxfordshire, Somerset, West London, Wiltshire and Worcestershire, Rygor are a multi award winning specialist Mercedes-Benz van and truck Dealership.