Company car drivers will get a Christmas and New Year present with the promise of huge cuts in benefit-in-kind tax bills with the December 26 launch of the all-new Mazda6. Massively reduced carbon dioxide emissions and significantly improved specification are among the highlights of the new 16-model Mazda6 saloon, hatchback and estate range.
Coupled with the fact that the new Mazda6 is larger than the model that put the brand on the fleet map, the company expects the new car to spearhead an increased focus on Mazda from fleet buyers.
Company car drivers could cut their benefit-in-kind tax bills by around £20 a month, depending on the model they choose. With the new Mazda6 range up to five benefit‑in-kind tax groups lower model-for-model than the outgoing car, largely due to the use of weight reducing engineering techniques, diesel sales of the car are expected to significantly increase. In addition, Mazda has cut the price differential of estate models over saloon/hatchback derivatives from £1,000 to £700 with the result that the company expects estate volumes to account for one-in-five cars sold compared with 12 per cent of the outgoing line-up.
The £16,630 on the road 2.0 TS five-door is aimed squarely at the heart of the UK fleet market. With CO2 emissions slashed to 168g/km it means the 22% taxpaying company car driver will face a benefit-in-kind tax bill of £722.26 a year (£60.18 a month) down from £848.38 for the previous model (£70.70 a month).
Meanwhile, the £15,100 1.8 S hatchback entry-model comes with an annual benefit-in-kind tax bill of £623.24 for the basic rate taxpayer, down from £735.24 on the present model. Move to the £17,220 2.0D TS hatchback, which is expected to be the best-seller in the Mazda6 line-up, and the tax bill is slashed to £623.24 a year for the basic rate taxpayer, a saving of £9.33 a month; while for the £18,420 2.0D TS2 the monthly tax bill saving is £12.65 or as much as £23 for a 40% taxpayer.
Tax savings on the estate are just as attention-grabbing with the basic rate taxpayer driving a £17,330 2.0 TS seeing their benefit-in-kind bill tumble from £903.38 to £790.71 and the higher rate taxpaying saving more than £200 a year. Meanwhile, on the £19,140 2.0D TS2 the monthly savings for a basic rate taxpayer amount to £10.87 and £19.76 for a high rate taxpayer.
James Hopkins, Mazda’s fleet and remarketing director, said: “There are many compelling arguments why fleet operators and company car drivers should choose the all-new Mazda6 and the huge reductions in benefit-in-kind tax is one of the most powerful. The Mazda6 has been a fantastic success for the brand in the UK corporate market. The new car, which is larger, has more specification as standard, is more refined and more stylish, promises to further boost our market share.
“The new Mazda6 diesel competes in the mainstream in the fleet market and we expect diesel volumes in the corporate sector to significantly increase from the current 25 per cent level. To that extent we anticipate the 2.0D TS hatchback to be the most popular model among company car drivers.”
The Honda Accord, Toyota Avensis and Volkswagen Passat are being viewed as the key competitors but in terms of price and specification, Mr Hopkins believes the Mazda6 steals a head start: “The new Mazda6 has moved upmarket, but retains its sportiness and we believe a best-in-class driving experience due to refined ride and handling,” he said.
Available with a choice of three petrol – 1.8, 2.0 and new 2.5 – and one diesel engine – 2.0 turbo diesel – and five trim levels, standard specification on the Mazda6 includes: dynamic stability control and traction control with Electronic Brake-force Distribution and Emergency Brake Assist, front, side and full-length airbags, daytime running lights, alloy wheels, air conditioning.
New Mazda6 benefit-in-kind tax bills 2007/08
|Model||P11D*||CO2 g/km||BiK 22%**||BiK 40%**|
|1.8 S 5dr||£14,910||162/19%||£623.24 (£735.24)||£1,133.16 (£1,336.80)|
|2.0 TS 4dr/5dr||£16,415||166/168/20%||£722.26 (£848.38)||£1,313.20 (£1,542.50)|
|2.0D TS 5dr||£17,055||149/19%||£712.90 (£838.95)||£1,296.18 (£1,525.36)|
|2.0D TS2 4dr/5dr||£18,255||149/19%||£763.06 (£914.85)||£1,387.38 (£1,663.36)|
|2.0 TS Estate||£17,115||171/21%||£790.71 (£903.38)||£1,437.66 (£1,642.50)|
|2.0D TS2||£18,950||151/20%||£833.80 (£964.18)||£1,516.00 (£1,753.06)|
*P11D is on-the-road price minus first registration fee and Vehicle Excise Duty
**Figures for outgoing models in brackets