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MINI Electric Business Offer

 

£2,277 initial rental£253 + VAT per month

The MINI Electric | £253 Monthly Rental + £2,277 Initial Rental

Introducing MINI's first ever fully electric car.

An icon reimagined, the new MINI Electric is the best of both worlds, giving you the iconic character of MINI with all the benefits of going fully electric. The MINI 3-door Hatch is the first available with a fully electric powertrain. Emitting zero emissions and an all-electric range of up to 145 miles, it's the perfect combination of sustainable driving, thrilling driving performance and iconic MINI design. 

Meet the next generation of MINI – not to mention a new era of business driving.  

Available for £253 monthly rental and £2,277 initial rental plus VAT. What's more, this car is available with zero BIK tax in 2020/21 for company car drivers; not only will this car help to reduce your carbon emissions, it's exceptional value for money too.

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Company car drivers of fully electric vehicles pay no BIK in 2020 and 2021

In April 2020, tax on pure battery and efficient plug-in hybrid electric vehicles was reduced. The Government announced that company car drivers choosing a pure electric vehicle will pay no benefit-in-kind (BIK) tax in 2020/21, rising to just 1% in 2021-22 and 2% in 2022-23. 


What is Benefit In Kind (BIK)?

Benefit In Kind (BIK) is the provision of a company car that is available for the employee's private use. The employee must pay tax on this benefit and this is known as company car tax.

In addition to the driver savings, the business (when outright purchasing the vehicle) also benefits from a greatly reduced national insurance contribution. Furthermore, if the vehicle is used for business use only, the business also benefits from 100% Write Down Allowance in Year 1.


MINI Electric vs. Renault ZoeElectric

The table below illustrates the financial saving to business drivers of the MINI Electric in the 2020/21 compared to 2019/20. A comparison of the costs of running a Renault ZoeElectric have also been included showing the MINI as offering much better value, particularly when you factor in the standard specification of the car (see below table).
 
Vehicle 2019/20 BIK Taxable Value 20/21 BIK Taxable Value
MINI Electric 3-Door Hatch
P11D value = £27,845
BIK rate: 16%
BIK value = £4,455
Based on a 40% tax payer this results in £1,782 tax per annum (£149 per month)
BIK at 0% = £0 tax (£1,782 saving compared to 2019/20)
RENAULT ZoeElectric Q90 S Edition Rapid Charge Auto = £30,120  BIK rate: 16%
BIK value = £4,810
Based on a 40% tax payer this results in £1,924 tax per annum (£160 per month)
BIK at 0% = £0 tax (£1,782 saving compared to 2019/20)

About MINI Electric

The MINI Electric blends the timeless appeal of the design and go-kart handling with the latest in cutting-edge, zero-emissions powertrain technology and in-car connectivity. It drives just as a MINI should with performance close to that of the hot hatch MINI Cooper S, accelerating from zero to 62 mph in 7.3 seconds.

Instantly recognisable as a three-door MINI Hatch and with a range of up to 144† miles from a single charge, MINI Electric can handle hours of driving without needing to stop. And you can feel good driving all of those miles because you’ll be emitting 0g/km of CO2. When you do need to charge up, you can do it at one of the 6,100 public charging stations around the UK or at home.

It will come as no surprise that the MINI Electric is spec’d to perfection. Standard features include:

✓AC & DC Charging
✓ Sat Nav with Real Time Traffic Information and ability to locate public charging stations
✓ Apple CarPlay
✓ Automatic Transmission
✓ Automatic Air Conditioning & Dual Zone Climate Control
✓ Full Front & Rear LED Lights
✓ Cruise Control
✓ Intelligent Emergency Call 
✓ DAB Digital Radio
✓ MINI Driving Modes (the ability to switch driving mode settings between Sport and Green)
✓ Power Regeneration
✓ Ability to remotely heat or cool the car through the MINI Connected app


Contact us today

If you would like to find out more about the MINI Electric, or our latest business offers on the MINI range, click the button below and a member of our corporate team will be in touch.

Representative Finance Quote

MINI Electric 3-Door Hatch - Level 1
Monthly Rental £253 exc. VAT
Term of Agreement 36 months
Initial Rental £2,277 exc. VAT
Annual Mileage 8,000 
Excess mileage charge (per mile) 7.33 pence
 
MINI Electric 3-Door Hatch - Level 2
Monthly Rental £270 exc. VAT
Term of Agreement 36 months
Initial Rental £2,429 exc. VAT
Annual Mileage 8,000 
Excess mileage charge (per mile) 7.88 pence
 
MINI Electric 3-Door Hatch - Level 3
Monthly Rental £327 exc. VAT
Term of Agreement 36 months
Initial Rental £2,940 exc. VAT
Annual Mileage 8,000 
Excess mileage charge (per mile) 8.72 pence


Terms & Conditions

*Offer available to business users only. Figures exclude VAT. Based on a 36 month Contract Hire agreement for a MINI Electric 3-Door Hatch. Vehicle condition and other charges may apply when you return the vehicle at the end of your agreement. Subject to status and to UK residents only (excl. the Channel Islands). Individuals must be 18 or over. Guarantees and indemnities may be required. The amount of VAT you can reclaim depends on your business VAT status. Rentals may change if VAT rate changes during agreement. Hire provided by BMW Group Corporate Finance. BMW Group Corporate Finance is a trading style of Alphabet (GB) Limited, Alphabet House, Summit Avenue, Farnborough, Hampshire, GU14 0FB. Terms and conditions apply. Offer may be varied, withdrawn or extended at any time. This quotation is not a binding offer to enter into a finance agreement. Lloyd Motor Group is a credit broker not a lender.

Figures are for comparison purposes and may not reflect real life driving results which depend on a number of factors including the accessories fitted (post registration), variations in weather, driving styles and vehicle load. All figures were determined according to a new test (WLTP). The CO2 figures were translated back to the outgoing test (NEDC) and will be used to calculate tax on the first registration. Only compare fuel consumption and CO2 figures with other cars tested to the same technical procedure. 

 

All finance is subject to status and available to over 18's only (excluding The Channel Islands). Guarantees and indemnities may be required. Offers valid at the time of upload and liable to change.

Customer Feedback

Always had great service here!

Phil Rhoney - Lloyd South Lakes MINI

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