Life Costs
Low cost Lexus CT 200h
Driving the CT 200h delivers savings across the board whether you're a company car driver or private owner.
Many of the cost savings are obvious: 69.9 mpg on fuel and £0 annual road tax, for example, thanks to the low emissions performance and high fuel efficiency of CT 200h's Lexus Hybrid Drive system. However, Lexus has built in whole life savings into the car itself including servicing when compared to its rivals.
Company car drivers can save as much as £90 per month or around £6,000 over three years (40% tax payers) compared to some competitor vehicles due to its exceptional 10 per cent benefit in kind whilst employers and small businesses can benefit from 100 per cent first year write-down allowance against Corporation Tax.
For drivers in and around the capital, the CT 200h is the only premium model with automatic transmission to be exempt from London congestion charge.
At a glance - where CT 200h drivers can make their savings
- 69.9 mpg (combined)
- 94g/km CO2 means £0 road tax
- London Congestion Charge exempt
- 10% BIK for company car drivers
- 100% write-down allowance against Corporation Tax in the first year
- Low maintenance is built-in for long-term service and repair savings
CT 200h's Lexus Hybrid Drive has low maintenance requirements designed-in. There is no starter motor or alternator, the continuously variable transmission (CVT) means there is no conventional clutch and there is no concern about diesel particulate filter performance. Furthermore, the regenerative braking system helps extend the life of the brake pads to an average 70,000 miles. The hybrid components are covered by a five-year/60,000-mile warranty.
Cost comparison - Benefit-in-Kind taxation over three years
CT 200h's sub-100g/km CO2 emissions (94g/km subject to homologation) mean that it attracts benefit-in-kind company car taxation at only 10 per cent. The impact of this compared to the tax charges on its main market rivals over three years is shown in the table below: in terms of tax, CT 200h can save a company car driver more than £90 a month.
| Purchase date April 2011 |
Lexus CT 200h SE-I |
Audi A3 2.0 TDi SE (MT) |
Audi A3 2.0 TDi SE (A/T) |
BMW 118d SE (MT) |
BMW 118d SE (A/T) |
| BiK 2011/12 |
10% |
13% |
18% |
13% |
21% |
| BiK 2012/13 |
10% |
17% |
19% |
17% |
22% |
| BiK 2013/14 |
10% |
18% |
20% |
18% |
23% |
| BiK total (40%) |
£2,753 |
£3,990 |
£5,068 |
£4,161 |
£6,076 |
| Variance vs CT 200h |
- |
+£1,237 |
+£2,315 |
£1,408 |
+£3,323 |
| Monthly variance vs CT 200h |
- |
+£34 |
+£64 |
+£39 |
+£92 |
Cost comparison - Retail, Company Car Driver and Company Car Operator
The new CT 200h can deliver cost savings to private owners, company car driver and company car operators, thanks to its combination of low emissions-linked taxation, high fuel economy and residual values, low service, maintenance and repair costs and a 100 per cent write-down allowance against Corporation Tax in the first year.
The table below shows that, compared to its principal rivals, CT 200h can save drivers more than £3,000 over three years or 60,000 miles. And for businesses choosing it as a fleet car, the savings can be well in excess of £7,000.
|
|
3 years/60,000 miles |
Lexus CT 200h SE-I |
Audi A3 2.0 TDi SE (MT) |
Audi A3 2.0 TDi SE (A/T) |
BMW 118d SE (MT) |
BMW 118d SE (A/T) |
| Retail |
Total cost |
£21,287 |
£21,828 |
£23,425 |
£22,943 |
£25,121 |
|
|
Variance vs CT 200h |
- |
+£541 |
+£2,138 |
+£1,656 |
+£3,834 |
| Company car driver |
Total cost |
£3,985 |
£5,312 |
£6,542 |
£5,513 |
£7,669 |
|
|
Variance vs CT 200h |
- |
+£1,327 |
+£2,557 |
+£1,527 |
+£3,684 |
| Company car operator |
Total cost (inc. WDA) |
£14,497 |
£18,938 |
£20,531 |
£19,957 |
£22,314 |
|
|
Variance vs CT 200h |
- |
+£4,442 |
+£6,034 |
+£5,460 |
+£7,817 |
Note: Figures for the CT 200h include 10 per cent benefit-in-kind company car tax, 68.9mpg combined cycle fuel consumption, a residual value of more than 40 per cent, £1,457 scheduled service, maintenance and repair costs and a 100 per cent write-down allowance against Corporation Tax.
Retail total cost of ownership includes depreciation, Vehicle Excise Duty (road tax), fuel and insurance costs and service, maintenance and repair charges.
Company car driver total cost of ownership includes benefit-in-kind rating and 5,000 miles annual private usage. Company car operator total cost of ownership includes write-down allowance, national insurance charges, depreciation, road tax, fuel insurance and service, maintenance and repair costs.