Are you hearing mixed messages about Benefit-in-Kind and Plug-in Hybrids?
You're not alone.
With so much information around Benefit-in-Kind rates and fleet electrification, it's easy to assume Plug-in Hybrids are no longer a viable option. But for some eligible vehicles, the government's temporary BIK easement means the reality may be very different.
In our latest film, we explain what the changes could mean for drivers and fleet decision-makers, and why we're committed to helping customers navigate an increasingly complex mobility landscape.
Whatever stage you're at in your electrification journey, as your trusted partners, we're here to help you find the best solution for your business and drivers.
INFO
Business
Fleet and Company cars
With a wide choice of Lexus models, including self-charging hybrid and all-electric vehicles, it has never been easier to choose your company car or reduce costs, reduce emissions and transform your fleet.
Lexus for company car drivers
Unmistakably refined, Lexus business cars are perfectly suited for work and your leisure time. With advanced driver support systems and seamless connectivity, they deliver comfort, and confidence.
Our lower emission models such as the NX Plug-in Hybrid can help reduce your Benefit in Kind (BIK) payments.
Lexus for small businesses
Lexus fleet cars offer innovative technology, a refined driving experience, and interiors designed to make drivers feel at home.
Whether you run one car or 25, with self- charging hybrids, plug-in hybrids, and electric options, adding Lexus to your small business fleet can help reduce operating and ownership costs, enhancing your company's efficiency and
Fleet managers
With lower CO2 emissions than conventional models, your business can benefit from tax savings, and lower fuel costs (depending on the model you choose).
Our desirable range of cars make it easy to create a compelling offer for your team, helping to boost retention while providing them with a premium driving experience.
Driving Better Business
Whatever the size and demands of your fleet, Lexus fleet solutions are designed to support your business needs.
Better support A
Our vehicles are renowned for their quality and reliability, topping the What Car? Reliability Survey for seven consecutive years. Every Lexus comes with a comprehensive 3-year warranty from new, plus a 12-month/10,000-mile warranty with each service at a Lexus Centre, up to 10 years or 100,000 miles^. Our UK network of Lexus Business Centres provide dedicated support, offering peace of mind and ensuring maximum uptime for your business.
Better together A
Whether it's vehicle selection from our award-winning range, financing options including Business Contract Hire with KINTO, or offering a personalised approach that helps you with everything from uptime to Total Cost of Ownership (TCO) to simplify your decisions. Our dedicated team of fleet specialists are here to help.
Better decisions
Business Contract Hire with KINTO offers affordable fixed monthly payments, to simplify your budget planning. Choosing to add maintenance ensures regular servicing and maintenance are taken care of, minimising unexpected issues and helping to keep your Lexus in optimal condition so you can enjoy peace of mind.
Total Cost of Ownership
Total Cost of Ownership (TCO) includes all lifetime vehicle expenses - purchase or lease, fuel, maintenance, insurance, and depreciation. It can provide an accurate picture, helping you understand how cars with higher initial prices can be cost-effective over the longer term due to lower running costs.
Lexus self-charging hybrids, plug-in hybrids, and electric vehicles are built to be efficient and help reduce fuel and maintenance expenses. Our expert team can discuss TCO with you to help make a more informed decision about which vehicles offer the best value for your business.
Electrification expertise Lexus offers a diverse range of options to suit various driver and business needs. Our approach to electrification includes self-charging hybrids, plug-in hybrids, and innovative all-electric models, making it easy to find the right solution for your fleet.
Whatever powertrain you’re looking for, Lexus provides options for every stage of your journey. We'll use our expertise to provide all the practical assistance you need - from guidance on charging infrastructure and cost savings to insights on environmental benefits.
A trusted fleet partner
In today's changing world, trust remains crucial. As your fleet partner, you can rely on our dedicated team to help you focus on what's truly important for your business, delivering the quality, reliability and the high levels of service you expect.
FAQs,
WHAT ARE THE ADVANTAGES OF LEASING A CAR FOR BUSINESS?
Leasing a car for business offers several key advantages. It provides access to new vehicles with lower initial costs and fixed monthly payments, improving cash flow and budgeting. Additionally, business car leasing can offer tax benefits, including potential VAT reclaims and the ability to offset lease payments against corporation tax, while also freeing up capital for other business investments. HOW DO I CALCULATE COMPANY CAR TAX?
Calculating company car tax depends on several factors, including the car's P11D value, CO2 emissions, fuel type, and personal tax rate. Our Lexus car tax calculator simplifies the process, providing accurate, up-to-date figures based on the latest tax rates and your chosen vehicle's specifications.
WHAT IS THE COMPANY CAR TAX ON ELECTRIC VEHICLES?
Company car tax on electric vehicles (EVs) is currently set at a very low rate to encourage adoption of zero-emission at the tailpipe vehicles. For the 2025/26 tax year, the Benefit in Kind (BiK) rate for electric cars remains at just 3% of the vehicle's P11D value. This offers significant savings compared to petrol, diesel, or even hybrid vehicles.
Use our BIK calculator to see how much one of our electric cars would cost you in BIK.
WHAT ARE THE BENEFITS OF BUSINESS CONTRACT HIRE WITH KINTO?
Business Contract Hire with KINTO is a cost-effective leasing option for businesses that want to access the latest Lexus models but don't want the responsibility of ownership. It provides low initial costs, competitive monthly payments, and simplified fleet management, with maintenance and servicing often included.
This leasing option also offers tax efficiencies for VAT-registered businesses. For passenger cars, you can reclaim 50% of the VAT on the finance element and 100% on maintenance.
Speak to us to get a personalised recommendation on what would suit your business best.
WHAT ARE THE FACTORS THAT AFFECT BENEFIT IN KIND (BIK)?
The main factors influencing BiK rates for electric company cars are CO2 emissions (zero at the tailpipe for fully electric vehicles), the car's P11D value, and the tax year, with current rates set at 3% for fully electric vehicles, making them a tax-efficient choice for company car drivers.
- thought the buy was not for navigation but rather for the safety assist driving after 3 years included. Also, you said 30 miles combined Hybrid mileage. I think it’s more like 35 combined
- Just curious, how do you put out a video and NOT get the model name correctly at the very start? If I am missing something I apologise.
You're not alone.
With so much information around Benefit-in-Kind rates and fleet electrification, it's easy to assume Plug-in Hybrids are no longer a viable option. But for some eligible vehicles, the government's temporary BIK easement means the reality may be very different.
In our latest film, we explain what the changes could mean for drivers and fleet decision-makers, and why we're committed to helping customers navigate an increasingly complex mobility landscape.
Whatever stage you're at in your electrification journey, as your trusted partners, we're here to help you find the best solution for your business and drivers.
SAVE YOUR EYES, PRESS PLAY TO LISTEN
INFO
Business
Fleet and Company cars
With a wide choice of Lexus models, including self-charging hybrid and all-electric vehicles, it has never been easier to choose your company car or reduce costs, reduce emissions and transform your fleet.
Lexus for company car drivers
Unmistakably refined, Lexus business cars are perfectly suited for work and your leisure time. With advanced driver support systems and seamless connectivity, they deliver comfort, and confidence.
Our lower emission models such as the NX Plug-in Hybrid can help reduce your Benefit in Kind (BIK) payments.
Lexus for small businesses
Lexus fleet cars offer innovative technology, a refined driving experience, and interiors designed to make drivers feel at home.
Whether you run one car or 25, with self- charging hybrids, plug-in hybrids, and electric options, adding Lexus to your small business fleet can help reduce operating and ownership costs, enhancing your company's efficiency and
Fleet managers
With lower CO2 emissions than conventional models, your business can benefit from tax savings, and lower fuel costs (depending on the model you choose).
Our desirable range of cars make it easy to create a compelling offer for your team, helping to boost retention while providing them with a premium driving experience.
Driving Better Business
Whatever the size and demands of your fleet, Lexus fleet solutions are designed to support your business needs.
Better support A
Our vehicles are renowned for their quality and reliability, topping the What Car? Reliability Survey for seven consecutive years. Every Lexus comes with a comprehensive 3-year warranty from new, plus a 12-month/10,000-mile warranty with each service at a Lexus Centre, up to 10 years or 100,000 miles^. Our UK network of Lexus Business Centres provide dedicated support, offering peace of mind and ensuring maximum uptime for your business.
Better together A
Whether it's vehicle selection from our award-winning range, financing options including Business Contract Hire with KINTO, or offering a personalised approach that helps you with everything from uptime to Total Cost of Ownership (TCO) to simplify your decisions. Our dedicated team of fleet specialists are here to help.
Better decisions
Business Contract Hire with KINTO offers affordable fixed monthly payments, to simplify your budget planning. Choosing to add maintenance ensures regular servicing and maintenance are taken care of, minimising unexpected issues and helping to keep your Lexus in optimal condition so you can enjoy peace of mind.
Total Cost of Ownership
Total Cost of Ownership (TCO) includes all lifetime vehicle expenses - purchase or lease, fuel, maintenance, insurance, and depreciation. It can provide an accurate picture, helping you understand how cars with higher initial prices can be cost-effective over the longer term due to lower running costs.
Lexus self-charging hybrids, plug-in hybrids, and electric vehicles are built to be efficient and help reduce fuel and maintenance expenses. Our expert team can discuss TCO with you to help make a more informed decision about which vehicles offer the best value for your business.
Electrification expertise Lexus offers a diverse range of options to suit various driver and business needs. Our approach to electrification includes self-charging hybrids, plug-in hybrids, and innovative all-electric models, making it easy to find the right solution for your fleet.
Whatever powertrain you’re looking for, Lexus provides options for every stage of your journey. We'll use our expertise to provide all the practical assistance you need - from guidance on charging infrastructure and cost savings to insights on environmental benefits.
A trusted fleet partner
In today's changing world, trust remains crucial. As your fleet partner, you can rely on our dedicated team to help you focus on what's truly important for your business, delivering the quality, reliability and the high levels of service you expect.
FAQs,
WHAT ARE THE ADVANTAGES OF LEASING A CAR FOR BUSINESS?
Leasing a car for business offers several key advantages. It provides access to new vehicles with lower initial costs and fixed monthly payments, improving cash flow and budgeting. Additionally, business car leasing can offer tax benefits, including potential VAT reclaims and the ability to offset lease payments against corporation tax, while also freeing up capital for other business investments. HOW DO I CALCULATE COMPANY CAR TAX?
Calculating company car tax depends on several factors, including the car's P11D value, CO2 emissions, fuel type, and personal tax rate. Our Lexus car tax calculator simplifies the process, providing accurate, up-to-date figures based on the latest tax rates and your chosen vehicle's specifications.
WHAT IS THE COMPANY CAR TAX ON ELECTRIC VEHICLES?
Company car tax on electric vehicles (EVs) is currently set at a very low rate to encourage adoption of zero-emission at the tailpipe vehicles. For the 2025/26 tax year, the Benefit in Kind (BiK) rate for electric cars remains at just 3% of the vehicle's P11D value. This offers significant savings compared to petrol, diesel, or even hybrid vehicles.
Use our BIK calculator to see how much one of our electric cars would cost you in BIK.
WHAT ARE THE BENEFITS OF BUSINESS CONTRACT HIRE WITH KINTO?
Business Contract Hire with KINTO is a cost-effective leasing option for businesses that want to access the latest Lexus models but don't want the responsibility of ownership. It provides low initial costs, competitive monthly payments, and simplified fleet management, with maintenance and servicing often included.
This leasing option also offers tax efficiencies for VAT-registered businesses. For passenger cars, you can reclaim 50% of the VAT on the finance element and 100% on maintenance.
Speak to us to get a personalised recommendation on what would suit your business best.
WHAT ARE THE FACTORS THAT AFFECT BENEFIT IN KIND (BIK)?
The main factors influencing BiK rates for electric company cars are CO2 emissions (zero at the tailpipe for fully electric vehicles), the car's P11D value, and the tax year, with current rates set at 3% for fully electric vehicles, making them a tax-efficient choice for company car drivers.
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- I get 38 miles of EV driving range. When I first bought it, the range was 30 miles because it is designed to be conservative until the vehicle learns your driving habits and you make certain adjustments to maximize EV range. These adjustments include setting the climate control to concierge and Eco modes, and driving in Eco mode. I have no performance issues with these settings and consistently get 38 miles on EV. I haven't put gas in the vehicle since my last long road trip, over a month ago—great EV mileage for everyday local commuting. Pick up and spread are very good for merging, even in Eco mode.- thought the buy was not for navigation but rather for the safety assist driving after 3 years included. Also, you said 30 miles combined Hybrid mileage. I think it’s more like 35 combined
- Just curious, how do you put out a video and NOT get the model name correctly at the very start? If I am missing something I apologise.
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