Company Car Choices

[YonderGT]

The time has come to order a new company car. I've narrowed down the choices from the company list but am struggling to make the final call. Any thoughts would be appreciated!

My company offers a trade up/down scheme, whereby you can take a car from a higher pay grade with a monthly charge, or take one from a lower grade and receive a monthly rebate. So the £ values below are the BIK + trade consideration. When negative, I'm being paid to take the car overall. The main duty of any new company car will be my commute (60 miles/day, 80% motorway).

- Mazda MX-30 EV [Prime-Line]: -£121.44
- Toyota Corolla Touring Sport [Icon]: £12.50
- Cupra Formentor PHEV [V1]: £150.31
- Cupra Formentor PHEV [V2]: £285.60

We currently have 2 personal cars; an R56 Mini Cooper S convertible, which does the 'fun car' job. And a Peugeot 407 Coupe V6 HDi which does the 'long distance car' job.

I also have my current company car, which is a Toyota Corolla Touring Sport [Icon Tech]. Due to the idiosyncrasies of the company car list at the time I received it vs now, my total monthly cost for this is £112.00.

Edited by YonderGT on Friday 1st March 14:12

[DaveH23]

If you've already got the fun car sorted then taking the Mazda seems a no brainer.

[dci]

I've had both a Corolla and a Formentor VZ2 PHEV. If I had the choice again I would go back to the Corolla.

The Corolla was more comfortable, more space (estate version), more efficient despite the PHEV Formentor and cost me about £200 less per month in BIK.

[ZX10R NIN]

Take the Mazda.

[scot_aln]

Doesn't the Mazda have a really limited range vs latest EVs? Anyone any experience of winter use at motorway speeds?

If the answers to the above are acceptable (I thought summer, optimum was only 100'ish) and if you can get to charge at work then seems sensible.

[Ezra]

If it really is just the commute to work and back (daily total 60 miles) I'd get the Mazda. But if you're wanting it for anything else I'd steer clear as its real world range is only about 100 miles.

[Mad Maximus]

Take the cash and the Mazda.

[ACCYSTAN]

Corolla would be my pick these are seriously well engineered vehicles and easy to live with

[YonderGT]

Thanks for the input.

Looks like the general consensus is in favour of the Mazda, which is my leaning too. 100 mile real-world range should be fine for the 60 mile daily commute + town pootling errands, even if its a bit irritating to have to charge it daily. Having a Corolla as my current company car, I know what a well-engineered product they are, but I can't help but find it dull - an appliance. I don't have any connection to it that'll make me sad to hand it back.

I'd be good if one of the company car offerings could effectively replace the job of one of our personal cars, as it seems silly to have 3 cars for 2 people. But I'm not seeing an MX-30, Corolla or even Formentor could.

So if it's a then a purely financial calculation, I may as well take the cheapest. Get paid £1457.28/yr to take the Mazda, using the £1607.28/yr saving over the next-cheapest Corolla to more than cover the insurance/MOT/tax/service costs of one of our personal cars.

Crazy that the push for EV company cars makes it cheaper for us to have 3 rather than 2 cars, but that's another story!

Edited by YonderGT on Saturday 2nd March 15:53