Best company cars £20,000 to £25,000

Here are the best company cars for between £20,000 to £25,000

With over £20,000 you can get yourself a former Auto Express Car of the Year in the Skoda Octavia, a proper hot hatch with the Hyundai i20 N or an all-electric SEAT Mii Electric. BiK tax rates range from just 1% to 35% in this selection so choose wisely. 

Scroll down to check out the best company cars you can get between £20,000 to £25,000...

Skoda Octavia 1.0 TSI SE Technology

  • Price: £21,520
  • Engine/power: 1.0-litre 3cyl/108bhp
  • CO2/BiK band: 117g/km/27% 
  • 0-62mph/top speed: 10.8 secs/129mph  

The latest Skoda Octavia is a stunning all-rounder. Not only is it an efficient, cheap-to-run company car choice, it’s also a fantastic family car that’s comfortable, good to drive, roomy and affordable to buy. It’s a 2021 Auto Express Award winner, too, and it’s the 1.0-litre petrol version that delivers the best Benefit-in-Kind costs.

The Octavia has become known for its practicality, and it’s certainly one of the most spacious family cars around. There’s a 600-litre boot and loads of room in the rear seats even for adult passengers. It’s comfortable to drive and the small petrol engine is punchy enough, yet it’s also really quiet.

Equipment is good too, because SE Technology trim comes with LED lights, cruise control, parking sensors, lane assist, AEB, keyless start, a digital dial display, voice control and a 10-inch touchscreen display with Apple CarPlay and Android Auto as standard. The infotainment offering in particular is very good for this kind of budget. It looks great, is easy to use and has loads of cutting-edge features.

​​Renault Captur TCe 90 Iconic

  • Price: £20,800
  • Engine/power: 1.0-litre 3cyl/89bhp 
  • CO2/BiK band: 133g/km/30% 
  • 0-62mph/top speed: 13.3 secs/107mph  

Compare the Captur to the closely related Clio, and the technical details will show that the former is less efficient, more expensive in tax and slower. However, it’s also more practical and has a sliding rear seat bench for added versatility.

Renault’s small SUV mixes a comfortable ride with neat handling, and delivers relaxed motorway manners. The interior looks smart and feels more upmarket than the price might suggest – it’s also very spacious and has a generous boot – so it’s really good value next to other similar-sized SUVs. The 1.0-litre engine isn’t as punchy as it is in the smaller Clio, but it still does a fine job here.

Hyundai i20 N

  • Price: £24,995 
  • Engine/power: 1.6-litre 4cyl/201bhp 
  • CO2/BiK band: 158g/km/35% 
  • 0-62mph/top speed: 6.2 secs/142mph 

The standard i20 is a great company car for sensible reasons, but if you’re craving driving thrills, the i20 N hot hatch is worth considering. It has all the same practicality as the normal version, yet it’s fast and fun to drive.

There’s a 0-62mph time of 6.2 seconds, the engine revs quickly and the slick manual gearshift is great fun to use, plus there’s loads of grip and an entertaining chassis. One thing to bear in mind, though, is that the i20 N has much stiffer suspension than the normal car and it can be uncomfortable over bumps, particularly at lower speeds.

It’s good value, though, because little else can match its performance at this price, plus it comes with 18-inch wheels, sports seats, LED headlights, heated seats, parking sensors, keyless entry and two 10.25-inch screens.

SEAT Mii Electric

  • Price: £22,800
  • Engine/power: E-motor/82bhp 
  • CO2/BiK band: 0g/km/1%  
  • 0-62mph/top speed: 12.3 secs/81mph

One look at the Mii Electric’s Benefit-in-Kind bills tells you all you need to know about electric cars. A £4-per-month bill is eye-opening to say the least, so while a petrol Mii is nearly half the price to buy, company car buyers will make savings – especially since you’ll never need to visit a petrol station again.

The Mii Electric has a range of 160 miles, which is plenty for a city or commuter car. If you can plug in at home or at work, then range anxiety shouldn’t be an issue. It’s well equipped, fun to drive thanks to the punchy motor, and it’s ultra-quiet in urban traffic, too.

Toyota Yaris 1.5 Hybrid Design 

  • Price: £21,270
  • Engine/power: 1.5-litre 3cyl & e-motor/114bhp (total)
  • CO2/BiK band: 92g/km/22%
  • 0-62mph/top speed: 9.7 secs/108mph

Hybrid drive means the Yaris has a small electric motor alongside its petrol engine, and it’s quiet, relaxing and efficient around town. Low CO2 emissions mean it’s a really affordable company car, too.

The Yaris’ talents don’t stop there, because the latest model is great to drive, is relatively practical and has a pleasant and well equipped cabin. Since all versions are automatic, it’s a great choice for commuting, no matter whether you have a short hop in town or a longer drive over some twisty country roads. The Design trim comes with all of the standard equipment that you could possibly need, too.

Ford Puma 1.0 125 mHEV Titanium

  • Price: £22,045 
  • Engine/power: 1.0-litre 3cyl/123bhp 
  • CO2/BiK band: 122g/km/28%  
  • 0-62mph/top speed: 9.8 secs/119mph 

The Puma shares its tech with the fantastic Fiesta, but builds it into a more practical and stylish SUV body. 

One of the key bits of engineering that’s carried over is the efficient and punchy EcoBoost petrol engine, which in this model has 123bhp – that’s plenty for a small SUV and means 0-62mph takes less than 10 seconds. The Puma is great to drive, too, with a slick gearshift, quick steering, a composed chassis and an enjoyable thrum from the three-cylinder petrol engine. It’s also a mild hybrid, which means efficiency is good too: 122g/km of CO2 means reasonable tax bills.

One of the stand-out features is the MegaBox in the boot, which is a huge underfloor storage area that’s so deep, you can stand a set of golf clubs upright in the boot. Another Puma highlight is that it’s good value for money; our preferred Titanium trim comes with 17-inch alloys, auto headlights, a heated windscreen, parking sensors and an eight-inch touchscreen infotainment system with Android Auto, Apple CarPlay, Bluetooth, DAB, voice control and two USB ports.

Best company cars by price bracket

Recommended

Company car tax guide 2022/2023: everything you need to know
Hyundai Ioniq 5 RWD - front
Consumer news

Company car tax guide 2022/2023: everything you need to know

Company car tax is bound up in a complex net of emissions, salaries and a car's value; we explain how the system looks for the 2022/23 Financial Year
4 Apr 2022
Introduction
best company cars
Best cars & vans

Introduction

We round up the finest company cars across five price bands
7 Mar 2022
Best automatic vans 2022
Best automatic vans
Best cars & vans

Best automatic vans 2022

Looking for a van with an automatic gearbox? We pick the best ones on the market
18 Jan 2022
Electric van guide: can an EV van work for your business?
Renault Kangoo Z.E. charging
Tips & advice

Electric van guide: can an EV van work for your business?

There's more choice than ever in the electric van market. With improved range and charging options available, more businesses will be able to make the…
17 Jan 2022

Most Popular

Citroen Ami on sale in the UK this summer from £7,695
Citroen Ami UK - front static
Citroen Ami

Citroen Ami on sale in the UK this summer from £7,695

The compact quadricycle is pricier than first thought, but the Citroen Ami will still be the UK’s cheapest ‘car’
24 May 2022
New Toyota GR86 2022 review
Toyota GR86
Toyota GR86

New Toyota GR86 2022 review

The GT86 has evolved into the GR86, gaining a bigger engine, a stiffer shell and chassis tweaks. Is it now affordable sports car perfection?
26 May 2022
New SsangYong Musso Saracen 2022 review
SsangYong Musso Saracen - front tracking
SsangYong Musso

New SsangYong Musso Saracen 2022 review

The 2022 SsangYong Musso pickup features sharper looks and a new diesel engine
25 May 2022