Best company cars £50,000 to £60,000
These are the best company cars for a budget of £50,000 to £60,000
If you’re fortunate enough to have up to £60,000 to spend on your next company car, you’re probably looking for something that’s rather luxurious as well as being low on the Benefit-in-Kind (BiK) tax scale. There’s plenty of choice in this area of the market, so to help you decide, our list of the best company cars for £50,000 to £60,000 comprises just about everything ranging from hybrid executive cars to electric SUVs.
The best company cars for £50,000 to £60,000
Read on below to find the best company cars that you can buy for £50,000 to £60,000, listed in reverse order.
BMW i4
- Variant: i4 eDrive35 M Sport
- Price: £52,770
- Powertrain: 70kWh battery, 1x e-motor
- CO2/BiK band: 0g/km/3%
- 0-62mph/top speed: 6.0 seconds/118mph
The performance figures for BMW’s all-electric exec can appear pretty modest compared with some rivals; a 0-62mph time of six seconds isn’t anything special for an EV. Yet the BMW i4 scores by delivering not spine-shattering acceleration but rather the involving driving dynamics that have made combustion-engined BMWs so popular over the years. The i4 eDrive35 is fast enough and brilliant with it, plus it has an official range of close to 300 miles.
We’ve opted for M Sport spec here, which has all the equipment you’d really want and comes in with a P11D price not far north of £50k. That means that, thanks once again to BiK tax rules, it will cost a higher-rate payer just over £50 per month.
Lexus NX 450h+
- Variant: NX 450h+ Premium Plus
- Price: £55,965
- Powertrain: 2.5-litre 4cyl petrol plug-in hybrid
- CO2/BiK band: 22g/km/9%
- 0-60mph/top speed: 6.3 seconds/124mph
We really rate the Lexus NX - enough that we’ve named it the Mid-size Premium SUV of the Year in our New Car Awards on three separate occasions. It neatly illustrates Lexus’s mastery of hybrid technology, and the NX 450h+ goes one step further, being a plug-in hybrid – arguably essential for keeping your BiK figures to a minimum. The car’s EV range of around 46 miles puts it into the relatively low 9 per cent band – not as low as a full EV, it’s true, but compared to the 31 per cent of an NX 350h hybrid, you’ll save thousands in tax each year. The NX is smooth to drive in all its forms too, and feels built to last.
Polestar 2
- Variant: Polestar 2 Long Range Dual Motor Performance Pack
- Price: £57,950
- Powertrain: 82kWh battery, 2x e-motors
- CO2/BiK band: 0g/km/3%
- 0-60mph/top speed: 4.0 seconds/127mph
It’s a bit of a stalwart of the premium electric vehicle market now, the Polestar 2. Believe it or not, it’s been around since 2020, and has become a familiar sight on the roads, thanks to its handsome looks, high-quality feel, strong performance (in this price bracket, you can go right to the top of the Polestar 2 line-up and get the dual-motor, Performance Pack model), and not insignificantly, plenty of range – up to 406 miles (352 for the Performance Pack) since an update in 2023. Several rivals have overtaken the Polestar 2 in various areas, but the car’s mix of qualities is just as appealing today as it ever has been. It still feels more of an alternative choice than the more obvious Teslas and BMWs, too.
Volkswagen ID.7
- Variant: ID.7 Pro S Match
- Price: £55,480
- Powertrain: 86kWh battery, 1x e-motor
- CO2/BiK band: 0g/km/3%
- 0-60mph/top speed: 6.6 seconds/112mph
The Volkswagen ID.7 is one of VW’s best ID electric cars yet, and as the ID.3 is to the Golf, so the ID.7 is to the Passat. But with superb practicality, excellent refinement, a smooth driving experience, plenty of kit and strong performance, it’s an even better all-rounder than its smaller counterpart. We reckon it’s a little expensive as a private purchase, but for company buyers it makes a lot more sense, thanks to the low BiK even on a relatively punchy list price. And it’s hard to argue with the range, which stretches to 437 miles with the larger 86kWh battery pack.
