BMW iX1 eDrive20 M SportPhoto: M 93 · CC BY-SA 3.0 de

BMW iX1 lease

eDrive20 M Sport

£349/month

Personal lease, inc VAT

£2,094

Initial payment

6+36

Contract profile

A compact electric SUV with real-world range near 250 miles and one of the lowest company car tax bills in its class.

Deal highlights

  • 285 mile WLTP range
  • Low benefit-in-kind
  • 130kW rapid charging

Contract details

Monthly rental
£349 inc VAT
Initial payment
£2,094
Contract
6+36 months
Annual mileage
10,000 miles
Fuel
Electric
Transmission
Automatic
Body style
SUV
Power
204 bhp
Boot space
490 litres
Lead time
6 to 8 weeks
Lease type
Personal contract hire

What is included

Road tax for the full contract term, the manufacturer warranty, and free delivery to a mainland UK address. Insurance, servicing and tyres are not included as standard, though a maintenance package can be added to your monthly rental on request.

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Regarding: BMW iX1 eDrive20 M Sport

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Car leasing questions, answered

How does car leasing work?

Car leasing, or contract hire, is a long-term rental of a brand new car. You pay an initial rental followed by fixed monthly payments for an agreed term and annual mileage. At the end you simply hand the car back, with nothing left to pay as long as it is within the agreed mileage and in fair wear and tear condition.

Is delivery included?

Yes. Every lease we quote includes free delivery to your home or workplace anywhere in mainland Britain. Your delivery driver will walk you round the car and take you through the handover paperwork.

Can I lease with bad credit?

Leasing is a finance product, so every agreement is subject to a credit check by the funder. A poor credit history makes approval harder but not always impossible. A larger initial rental or a guarantor can help, and we will tell you honestly if leasing is unlikely to be the right route for you.

What is included in my monthly payment?

Your monthly rental covers use of the vehicle, UK road tax for the whole contract and the manufacturer warranty. Insurance, fuel or charging, servicing and tyres are not included unless you add a maintenance package, which we can quote alongside your lease.

What is the difference between personal and business leasing?

Personal contract hire is quoted including VAT and is underwritten against you as an individual. Business contract hire is quoted excluding VAT and is underwritten against your company. A VAT-registered business can usually reclaim 50% of the VAT on a car rental, or 100% on a van.

What happens if I go over my mileage?

You pay an excess mileage charge for every mile over the agreed allowance, at a pence-per-mile rate set out in your agreement. If you know you will do more miles it is almost always cheaper to build them into the contract at the start.

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