Running a Tesla Model 3 as company car - my costs
Discussion
This is what my model 3 long range has cost over the last 4,144 miles in 2 months:
Benefit in Kind: £35
Home charging: £161
Supercharging: £0
(charging has been about 90% home and free supercharging for 1,000 miles)
Total cost £196, or 4.7p per mile
Add back in 15p per mile expenses at work (i know this should be taxed as a BIK but let's ignore that for now) saves £221 for nearly 1,500 business miles.
So overall cost is a profit of £25.
Even if I had to pay for the supercharging, it would only add £72, making the cost per mile a little over 1p.
I think I'm saving £400 a month or so over the BMW 530e I had before. My only regret is I didn't get the Performance, but never mind.
Benefit in Kind: £35
Home charging: £161
Supercharging: £0
(charging has been about 90% home and free supercharging for 1,000 miles)
Total cost £196, or 4.7p per mile
Add back in 15p per mile expenses at work (i know this should be taxed as a BIK but let's ignore that for now) saves £221 for nearly 1,500 business miles.
So overall cost is a profit of £25.
Even if I had to pay for the supercharging, it would only add £72, making the cost per mile a little over 1p.
I think I'm saving £400 a month or so over the BMW 530e I had before. My only regret is I didn't get the Performance, but never mind.
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