Best company cars £50,000 to £60,000
These are the best company cars for a budget of £50,000 to £60,000
If there’s £50,000 to £60,000 for your next company car, you’re certainly lucky. For this kind of money, we’re willing to bet that you’re looking for something that’s rather luxurious as well as being low on the Benefit-in-Kind (BiK) company car tax scale.
There’s plenty of choice in this area of the market, so to help you decide, our expert road testers have gathered the very best company cars for £50,000 to £60,000.
The best company cars for £50,000 to £60,000
| Model | Price from | Fuel type | BiK band |
| BMW i4 | £51,400 | Electric | 3% |
| Genesis GV60 | £54,100 | Electric | 3% |
| Lexus NX | £52,000 | Plug-in hybrid | 9% |
| Polestar 4 | £60,000 | Electric | 3% |
| Volkswagen ID.7 | £51,000 | Electric | 3% |
Keep scrolling to find the best company cars that you can buy for £50,000 to £60,000 or use the links in the table above
BMW i4
- Price from: £51,400
- Fuel Type: electric
- CO2/BiK band: 0g/km/3%
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. However, the BMW i4 scores not by delivering spine-shattering acceleration, but rather by possessing the same involving driving dynamics that have made combustion-engined BMWs so popular over the years.
The entry-level i4 eDrive35 is more than fast enough and brilliant with it, plus it has an official range of close to 300 miles. On top of this, overall build quality is as high as you’d reasonably expect from a German executive car, plus BMW’s iDrive infotainment system remains a firm favourite with our road testing team.
“Arguably, the manufacturer’s greatest achievement with the i4 is the way it drives. Despite weighing in at over two tonnes, the five-door Gran Coupe is superb through the corners with plenty of grip, a precise feel to the steering and no hint of understeer.” - Ellis Hyde, news reporter
Genesis GV60
- Price from: £54,100
- Fuel Type: electric
- CO2/BiK band: 0g/km/3%
The Hyundai Ioniq 5 and Kia EV6 are two electric cars that we rate very highly, but for this kind of budget you can afford to go for the poshest member of the family, the Genesis GV60. We’re willing to concede that it isn’t the prettiest car to behold on the outside, but the GV60 is a very lovely place to sit with acres of soft leather and natural light inside.
Underneath you’ll find the same platform as the EV6 and Ioniq 5, and power comes courtesy of a 84kWh battery pack following some recent updates. This means the GV60’s official claimed range has been boosted to 348 miles, and it’ll recharge from 10 to 80 per cent in a mere 18 minutes thanks to its peak 350kW rapid charging capacity.
“Compared with the likes of the Nissan Ariya and Volkswagen ID.5, the GV60 has the softest suspension. This approach works very well on a motorway cruise where it takes on a floaty yet sure-footed gait, which is deeply relaxing.” - Ellis Hyde, news reporter
Lexus NX
- Price: £52,000
- Fuel Type: plug-in hybrid
- CO2/BiK band: 22g/km/9%
We really rate the Lexus NX - enough that we named it the Mid-size Premium SUV of the Year on three separate occasions. This SUV neatly illustrates Lexus’s mastery of hybrid technology, and the NX 450h+ goes one step further, being a plug-in hybrid – essential for keeping your BiK figures to a minimum.
The car’s EV range of around 44 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.
“Lexus and parent company Toyota have built more hybrids than anyone, so it’s no surprise to discover that the NX has an extremely slick system.” - Alex Ingram, chief reviewer
Polestar 4
- Price from: £60,000
- Fuel Type: electric
- CO2/BiK band: 0g/km/3%
While the lack of a rear window is somewhat unorthodox (this is replaced by a rear-facing camera), we have little doubt that the Polestar 4 is a big step in the right direction for this growing brand. The stonking 100kWh battery allows this electric SUV to claim up to 385 miles, and the most powerful model can even blast from 0-62mph in a sports car-esque 3.8 seconds.
Technophobes may be slightly alarmed by the screen-dominated interior, but Polestar’s Google-based technology is very easy to get on with, not to mention good to look at. Our road testers were impressed by the level of all-round quality on offer, too.
“During our testing, we found the ride on the firm side, but this does help to give the Polestar 4 a sporty edge that suits its silhouette, and body control is kept in check.” - Ellis Hyde, news reporter
Volkswagen ID.7
- Price from: £51,000
- Fuel Type: electric
- CO2/BiK band: 0g/km/3%
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 the ID.7 is 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 a battery range that officially stretches to 437 miles with the larger 86kWh battery pack.
“Laminated side windows make this an almost eerily quiet car at low speeds, but even on the motorway, the ID.7 remains impressively refined.” - Shane Wilkinson, senior content editor.
Best company cars by price bracket
