Genesis is a luxury division of the South Korean car brand Hyundai. It’s a premium EV with a premium price!
Check Your Eligibility For the Genesis Scheme
Top 5 Genesis Salary Sacrifice EVs
- Genesis GV70 Electrified Sport
- Available Since: October 2022
- Battery: 74 kWh
- Range: 215 miles
- Lease Cost: £607 per month
- Top Speed: 146 mph
- 0-62 mph: 4.2 seconds
- Genesis GV60 Premium
- Available Since: June 2022
- Battery: 74 kWh
- Range: 240 miles
- Lease Cost: £560 per month
- Top Speed: 115 mph
- 0-62 mph: 7.8 seconds
- Genesis GV60 Sport
- Available Since: June 2022
- Battery: 74 kWh
- Range: 235 miles
- Lease Cost: £602 per month
- Top Speed: 124 mph
- 0-62 mph: 5.5 seconds
- Genesis G80 Electrified Luxury
- Available Since: June 2022
- Battery: 82.5 kWh
- Range: 275 miles
- Lease Cost: £775 per month
- Top Speed: 140 mph
- 0-62 mph: 4.9 seconds
- Genesis GV60 Sport Plus
- Available Since: June 2022
- Battery: 74 kWh
- Range: 225 miles
- Lease Cost: £700 per month
- Top Speed: 146 mph
- 0-62 mph: 4.0 seconds
Genesis Salary Sacrifice Scheme Overview
The table below provides a detailed breakdown of how Genesis’s electric model back out in a salary sacrifice scheme, including the Genesis GV70 Electrified Sport, Genesis GV60 Premium, Genesis GV60 Sport, Genesis G80 Electrified Luxury, and Genesis GV60 Sport Plus.
| Model | Launch Date | Battery (kWh) | Cost per Mile of Range (£) | Lease (BCH) (£/pcm) | 0-62 mph (sec) | Top Speed (mph) | Range (mi) | Efficiency (Wh/mi) | Rapidcharge (mph) | Price (£) | Monthly Gross Salary Sacrifice (£) | Net Cost (Basic Rate) (£/pcm) | Net Cost (Higher Rate) (£/pcm) | Total Cost Over 3 Years (Basic Rate) (£) | Total Cost Over 3 Years (Higher Rate) (£) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Genesis GV70 Electrified Sport | October 2022 | 74 | 303 | 607 | 4.2 | 146 | 215 | 344 | 530 | 65105 | 607 | 466.32 | 364.2 | 16787.52 | 13111.2 |
| Genesis GV60 Premium | June 2022 | 74 | 225 | 560 | 7.8 | 115 | 240 | 308 | 630 | 53905 | 560 | 430.4 | 336 | 15454.4 | 12096 |
| Genesis GV60 Sport | June 2022 | 74 | 248 | 602 | 5.5 | 124 | 235 | 315 | 610 | 58365 | 602 | 462.24 | 361.2 | 16640.64 | 13003.2 |
| Genesis G80 Electrified Luxury | June 2022 | 82.5 | 254 | 775 | 4.9 | 140 | 275 | 300 | 550 | 69805 | 775 | 594.5 | 464.8 | 21402 | 16732.8 |
| Genesis GV60 Sport Plus | June 2022 | 74 | 300 | 700 | 4 | 146 | 225 | 329 | 590 | 67505 | 700 | 536 | 420 | 19302 | 15120 |
The Genesis salary sacrifice scheme can make a real difference to your pocket, especially over 3 years! The net cost of leasing a Genesis GV70 Electrified Sport through the salary sacrifice scheme drops from £607 to £466.32 per month for a basic rate taxpayer and to £364.20 per month for a higher rate taxpayer.
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Further Resources
Salary Sacrifice Beginners Guide
Complete Advice Hub
Leading UK EV Schemes
Important information about our salary sacrifice calculations
Please note that the actual lease costs may vary based on your individual circumstances, including your location, and the specific provider you choose. The lease costs presented in this table are calculated based on an average of three leading providers and are intended to give a general indication of potential costs. Actual costs may be higher or lower depending on the terms and conditions of the lease agreement.
The salary sacrifice tax savings shown are estimates and are intended to provide a general idea of potential savings. These savings can vary significantly depending on your personal tax situation, including your tax rate, other benefits, and overall compensation package. It is recommended to consult with a financial advisor or tax professional to understand how salary sacrifice will impact your specific financial situation.
Additionally, the specifications and features of the vehicles listed are based on the latest available information and are subject to change by the manufacturer. For the most accurate and up-to-date details, please refer to the manufacturer’s official website or contact your chosen provider directly.
The information provided in this table is for informational purposes only and should not be considered as financial or legal advice.
