Our team of car enthusiasts spent a lot of time and had a lot of fun picking 2021’s best company car.
There were competing ideas on what to look for, but after a lot of contemplation we came up with what we believe are the five top vehicles.
We’ve given you the key details about each car, including:
And we’ve given you a summary of what you can expect from each vehicle if you choose to use it as your company car.
The Tesla Model 3 ticks a huge amount of boxes for modern businesses. It’s reasonably priced, produces no CO2 emissions and has an incredibly low benefit in kind (BIK).
The Standard Range Plus Auto is pretty spacious inside, has a gorgeous interior and gives you lots of miles per charge, making it ideal for lengthy business trips.
If you want the finest company car then look no further than the Tesla Model 3.
The BMW 3 Series is the ideal company car for people who want a fun drive. Its handling is quick, agile and precise, giving you an experience that’s safe and exciting.
The Saloon 330e SE Pro Sport-Auto also comes with some great tech attributes, with gesture control and Head-Up Display among the ace features you get.
If you want a fun company car then you need the BMW 3 Series.
The Skoda Superb Estate is near unrivalled when it comes to roominess and practicality. It has a huge boot and loads of room, making it great for businesses that use car shares.
The 1.5 TSI SE 150PS ACT SCR also provides great value for money, with its £26,650 P11D value putting it at the lower end of the price range of the cars featured in our list.
If comfort and value for money is your priority then you’ll adore the Skoda Superb Estate.
The Volkswagen ID.3 is a family-friendly company car that prizes comfort and capacity over speed and style, making it a superb choice for fleet managers who want a reliable car to get to work.
The New 1st Edition 58kWh Auto has been praised for marking a shift in how electric cars are viewed, with VW hoping it can become another one of its car icons.
If you want a smooth ride to work then the Volkswagen ID.3 is a great choice for you.
Credit: Wallpaper Flare
The Peugeot 3008 SUV is a slick-looking car that has excellent fuel economy, offering a perfect combination of style and functionality.
The New HYBRID Allure 225 e-EAT8 allows your business to promote sustainability without sacrificing fuel accessibility, as you can switch between electric and fossil fuel.
If you want to promote sustainability in a practical way then this is a brilliant company car.
BIK (benefit in kind) is a tax on staff who receive perks in addition to their salary, including getting private use from a company car.
BIK is payable by employees and is taken from their wages by employers via Pay As You Earn (PAYE).
You can calculate your company car benefit by using this HMRC benefit calculator.
The amount of company car tax payable is calculated by multiplying the correct BIK rate by the P11D value of the vehicle and the employee’s income tax rate.
The P11D value is made up of the list price of the car — inclusive of VAT — and any associated delivery fees.
The BIK rate is based on the car’s fuel type and CO2 emissions.
Check out our guide to company car tax to learn more about how the rates are calculated.
Investing in a company car scheme provides some key benefits to businesses – it makes them a more attractive place to work, helping with both retention and hiring.
But it isn’t only companies that benefit from a company car scheme. Employees benefit from getting a company car because it can help cut the costs of running a vehicle.
Check out our guide to company car allowances to learn more about how businesses and employees can benefit from these schemes.
iCompario is the free online marketplace for business products and services, where managers and owners can research and rapidly compare fuel cards, vehicle tracking systems, insurance, telecoms and other essentials. The team follows up online queries by telephone so every site visitor finds their ideal, future-proof product at the best price possible.
Compare the fuel cards offered by iCompario today and find the best option for the company you use.