New Audi finance calculator crunches the numbers for company car drivers
By Kyle Lindsay
Wednesday, August 26, 2015 - 15:00
Crunching the numbers to weigh up the viability of an Audi as a company car is now easier than ever before thanks to a versatile new online Audi finance tool capable of producing instant contract hire quotes tailored to fleet customers.
In just a few clicks, the Audi business finance calculator – audi.co.uk/businessfinance – presents users with a comprehensive breakdown of all the necessary information needed to inform their decision process, from BIK tax payable and P11D value to monthly repayment and advance rental payment amounts.
Fleet customers can filter the most appropriate cars in the range using presets such as transmission, fuel type and economy, drivetrain, engine size or VED band. They can also directly compare the merits of up to three models to determine if, for example, the perenially popular A3, starting from £186 per month*, is the best fit, or the remarkable new TT Coupé is within reach at £348 per month*, or maybe if they can indulge themselves in the luxurious new seven-seat Q7 SUV at £586 per month*.
Once a specific model, such as the 109g/km, 67mpg A6 TDI ultra S tronic, is selected along with the desired specification, the initial quote can be customised by opting for higher mileage limits per year or changing the repayment length or the monthly rental in advance. Servicing packages with tyre replacement options can also be added.
A financial illustration is then generated and can be sent to the nearest local Audi Centre to begin the ordering process. The site’s page also offers the opportunity to arrange a test drive, download a brochure or contact a local Centre for more information.
Quick and simple P11D calculation
Also integrated into the quotation page is a tax calculation tool capable of projecting Benefit in Kind costs based on individual inputs such as one-off personal contributions, monthly contributions to employer and income tax.
As an example, an A7 Sportback 3.0 TDI ultra in SE Executive specification will cost £455.47 per month* over three years, corresponding to a total annual BIK charge of £5,690.04 for a 40 per cent tax payer.
The new business finance calculator is the latest in a long line of innovations aimed at taking complexity and time consumption out of the Audi fleet customer experience wherever possible. Other convenient tools available for SMEs and user choosers include the free Audi mileage tracker app for recording business trips on the road and the informative Audi UK ‘fleet management basics’ video series offering useful advice on aspects such as calculating private fuel and a breakdown of BIK.