Best Company Cars 2023

Company cars are an important business asset, getting you and your employees from A to B and playing a part in the first impression you make on clients and customers. It’s certainly important that you choose your company car fleet carefully.

When searching for the right vehicles for your business, you’ll need to consider their appearance, their running costs, the amount of Benefit-In-Kind tax that your employees will be liable to pay and their dependability, amongst other things.

Below, we’ve listed some of the vehicles that we think will fit a range of businesses’ company car requirements! Read on for a look at our picks for the best company cars on the market in 2023.

Firstly though, let's take a look at what a company car scheme is and how it works.

What is a company car scheme?

A company car scheme is an arrangement which enables employees to use a company-owned vehicle for both business and personal use for the duration of their employment. Many employers offer a company car scheme as an employee perk or for those employees who regularly travel for business purposes. Those driving a company car are liable to pay Benefit-In-Kind (BIK) tax. Your BIK tax depends on various factors such as the vehicle’s market price, engine size, and fuel type so these are important factors to consider when choosing your ideal company car. Sometimes instead of a company car scheme, employers will offer a car allowance scheme. For our guide to the advantages and disadvantages of a car allowance vs. company car, please click here. 

Volkswagen ID.3

This fully-electric vehicle comes with its fair share of advantages to offer as a company car, though it’s the potential freedom from Benefit-In-Kind tax that we’d place at the top of the list. As of April 2022, electric car drivers pay just 2% BIK, making them ideal for those looking to keep running costs low. Other features of the ID.3 include a 385-litre boot, 10-inch infotainment display and excellent range capability, all housed within its appealing futuristic exterior. There are three battery pack options available – 45kWh, 58kWh and 77kWh – so you can select the perfect model for your business’ requirements. Well-built and trendy, the ID.3 is award-winning in its class and has an excellent range capability. This makes it a great company car for regular business travelling, such as driving to and from client meetings. As an alternative to the Nissan Leaf, the Volkswagen ID.3 is a competitively priced electric car.

Lease prices start from £319.20 (exc VAT) for business use. Take a look at our Volkswagen ID.3 lease deals here.

Porsche Taycan

The Porsche Taycan is the manufacturing giant’s first all-electric sports car and makes a brilliant option for companies looking for a vehicle that is just as pleasant to look at as it is to drive. There’s a clear emphasis on comfort and a smooth driving experience, as well as features that give this model a particularly luxurious feel, perfect for CEOs and company directors. This model offers all the high-quality and aesthetic appeal you’d expect in a Porsche but in an all-electric format, so it’s the perfect choice for eco-conscious companies looking to add a new set of wheels to their fleet. Even though the Porsche Taycan takes the form of a four-door saloon, it drives like a sports car and incorporates coupe design cues. The Taycan also offers a range of luxury features and customisable options which help create a comfortable and enjoyable driving experience for those who spend a lot of time on the road.

Lease prices start from £771.63 (exc VAT) for business use. View our latest Porsche Taycan lease deals here.

Mercedes-Benz A Class

The Mercedes-Benz A Class offers a strong sense of luxury thanks to its heated seats, extensive multimedia features and sophisticated look – but this isn’t a case of style over substance. The driving experience of the A Class is incredibly smooth, making it ideal for client-facing individuals who find themselves on the road regularly. Great multimedia features and decent boot space adds to this appeal, with plenty of luggage room for those long work trips. Available in either Hatchback or Saloon form, this remains a popular Mercedes lease car. If you want to experience the AMG driving performance, then take a look at the amazing Mercedes-AMG A 35 4MATIC Saloon. Specifically, this reportedly can achieve 0-62mph in just 4.8 seconds and has a top speed of 155mph.

Lease deals start from £293.26 (exc VAT) for business use. Take a look at our Mercedes-Benz A Class lease deals here.

Jaguar I-Pace SUV

The Jaguar I-Pace SUV is an award-winning electric for a reason. One of our favourite all-electrics on the market in 2023, one full charge of this model provides range of up to 292 miles. Also, the I-Pace can reach 0-80% charge using public rapid charging (100kW charger) in just 45 minutes. Add this level of dependability to its spacious interior, high-quality in-car tech and smooth driving experience in a range of conditions and you have a fantastic all-rounder which makes a great first impression. In terms of the interior space, the I-pace provides five full seats, innovative storage, a substantial rear loadspace of up to 656 litres. We think this model is worth every penny and makes a fantastic company car.

Lease prices start from £534.46 (exc VAT) for business use. Take a look at our Jaguar I-Pace lease deals here.

Range Rover Evoque P300

While Land Rover certainly isn’t the first manufacturer you think of when looking at company cars, the Range Rover Evoque is well worth considering. First launched in 2011, the Evoque is the smallest Range Rover and offers practicality, durability and a beautiful exterior. The Evoque is also amongst the most fuel-efficient within the Range Rover line with a rating of 40mpg, promising comparatively low running costs for a high-end model. As expected with a Land Rover, the Evoque has an upmarket interior and offers a luxurious feel. Plus, the Range Rover Evoque is available in a range of engine options including plug-in hybrid which has an electric range of up to 34 miles. If you choose the PHEV powertrain, this has a Benefit-in-Kind (BIK) tax rate from just 12%. 

Lease prices start from £483.97 (exc VAT) for business use. For more information, make sure you take a look at our Range Rover Evoque lease deals here.

BMW 330e

A business executive needs an executive-class car and the BMW 330e makes a fantastic choice. This plug-in hybrid offers 37.3 miles of all-electric driving on a full charge and has an official fuel efficiency rating of 148.7mpg, giving it a reliability that will please anyone regularly travelling for work. Additionally, the 330e delivers impressive performance, with quick acceleration and responsive handling. By leasing the BMW 330e with GB Vehicle Leasing, you can secure an award-winning vehicle for your business at an affordable price, getting high quality without too many sacrifices to the company card. Also, the BMW 3 Series 330e offers a surprisingly smooth ride as well as comfortable seating inside. Choosing a BMW 3 Series lease deal through GB Vehicle Leasing is an extremely cost-effective way to have your ideal car at an affordable rate.

Lease prices start from £439.47 (exc VAT) for business use. For more information, view our BMW 3 Series lease deals here.

Tesla Model 3

Teslas are an increasingly popular choice of business vehicle amongst top earners and it’s easy to see why. This best-selling model offers the ultimate fully electric driving experience at a sensible cost, without sacrificing on style and high-quality features fitted as standard. The Tesla Model 3 is also available in a long-range version, with a state-of-the-art battery that can achieve up to an incredible 360 miles of range on a single full charge. In terms of the design, the prestigious interior features a 15-inch touchscreen which can be used to access all driver controls. The 425-litre boot capacity includes a ‘frunk’ located under the car’s bonnet. Furthermore, it's clear that safety has been made paramount with the Tesla Model 3, meaning you can enjoy a safe journey on all of your work trips.

Lease prices start from £370.49 (exc VAT) for business use. For more information or to get a quote from GB Vehicle Leasing, take a look at our Tesla Model 3 lease deals here.

Skoda Superb iV

The Skoda Superb was initially released in 2001 and has remained a popular model ever since. This is a great choice for those looking for a company car that offers versatility, practicality and a smooth drive. The Superb is also one of the more affordable options on this list and is ideal for businesses who are looking to invest in a fleet of understated, functional company cars for their employees. Also, The Skoda Superb is cavernous and comfortable inside, as well as offering a generous boot capacity. With an electric-only range of up to 35 miles, the Skoda Superb iV plug-in hybrid is suitable for everyday driving and offers low CO2 emissions meaning just 12% BIK tax rate. Overall, its impressive performance and fuel economy ratings make it a great choice for those in the market for a plug-in hybrid vehicle. 

Lease prices start from £300.90 (exc VAT) for business use. Take a look at our Skoda Superb lease deals here.

Mercedes C-Class 330e

The Mercedes C Class 330e is the manufacturing giant’s best-selling international model and makes the ideal choice of company car for those who feel that first impressions are everything when meeting clients. This plug-in hybrid is luxurious whilst still feeling subtle and understated, featuring heated front seats, 2 zone climate control and a focus on fuel efficiency, a feature which is incredibly important to consider when choosing a company car. This plug-in hybrid has an all-electric range of up to 68 miles and a Benefit-in-Kind tax rate on just 8% for 2022/23. The interior of the C-Class 330e is comfortable and well-appointed, with high-quality materials throughout. Also, it features plenty of impressive safety technologies, ensuring your journeys are as safe and pleasant as possible.

Lease prices start from £597.70 (exc VAT) for business use. For more information, make sure you take a look at our Mercedes Benz C Class lease deals here.

Audi A6

The Audi A6 competes well against its rivals with a package that is focused on efficiency, technology and power. The care and consideration given to the design of this model is clear and makes it a great option for those in search of a company car that is aesthetically pleasing, reliable and comfortable while still affordable. Audi A6 leasing gets you a highly desirable car which oozes style and sophistication. The Audi A6 also handles well on the road and is available with a range of powerful engines. Plus, the interior of this Audi offers spacious and well-cushioned seating, along with decent luggage space. In particular, take a look at the Audi A6 Saloon 50 TFSI e plug-in hybrid as this offers low CO2 emissions resulting in just 12% Benefit-in-Kind tax rate. 

Lease prices start from £388.02 (exc VAT) for business use. View our latest Audi A6 lease deals here.

Company cars with GB Vehicle Leasing

Different models will suit different businesses and employees – a client-facing salesmen has different requirements to a CEO. Whatever your company car needs might be, you’re bound to find the perfect company car lease deal for you at GB Vehicle Leasing.

We hope you’ve found this article useful in exploring a range of the best company cars 2023. Take a look at the full range now and, for more information on our range and lease deals, get in touch with GB Vehicle Leasing today. Where possible, we work hard to secure stock vehicles and offer the very best in stock car lease deals.

Please Note: All prices correct at time of publication (7th March 2023) and are subject to change.