Best company cars £50,000 and above

Our most expensive price bracket sees some luxury executive saloons in the shape of Mercedes' diesel hybrid E-Class and the electric Tesla Model S being offered as company cars. The Porsche Cayman S might not be the first car you think of when it comes to company car schemes but it's one of the most reliable and practical sports cars and the hybrid BMW X5 offers economical running, low tax and plenty of space. 

Scroll down for our favourite company cars for over £50,000...

Mercedes E 300 de AMG Line 

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• Price: £51,790
• Engine/power: 2.0-litre 4cyl & e-motor/302bhp 
• CO2/BiK band: 33g/km/12%   
• 0-62mph/top speed: 5.9 secs/155mph 

Diesel is the fuel of the past for company cars, as you can see from our choices in this year’s list. Yet if you regularly cover long distances on the motorway, it is still the fuel of choice for keeping costs down. Mercedes recognises this, so it offers a diesel plug-in hybrid E-Class.

This means you can make the most of its 30-mile electric range when you’re around town, but can also keep your running costs low when making longer trips across the country. It uses a 2.0-litre diesel engine and should return about 50mpg when the battery runs out, which is far more than the petrol E 300 e plug-in can manage.

The E-Class is a great company car in general. It’s comfortable, has loads of modern kit and the interior is a great place to spend time. Boot space is a little compromised by the hybrid system, but there’s more than enough head and legroom in the back for adults.

Lexus LC LC500h

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• Price: £81,750
• Engine/power: 2.5-litre V6 & e-motor/354bhp
• CO2/BiK band: 184g/km/37%
• 0-62mph/top speed: 4.7 secs/155mph

Hybrid sports cars are a rarity, but for the right type of buyer the LC 500h will definitely hit the mark. It’s not the cheapest to tax, but that will be of less concern at this kind of budget, while the LC’s impeccable quality means it’s a joy to just sit inside.

It’s comfortable and easy to drive every day because of the hybrid powertrain, which delivers low-speed refinement and comfort. It’s still able to impress as a sports car, though, with strong performance and enjoyable handling.

Even the standard LC 500h comes with 20-inch alloys, blind-spot monitoring and a 10.3-inch infotainment screen with sat-nav and a 12-speaker stereo. The LC is perfect for anyone who commutes during the week but wants to head off on long road trips at the weekend.

Porsche 718 Cayman 2.5 S PDK

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• Price: £56,990
• Engine/power: 2.5-litre flat-four/345bhp
• CO2/BiK band: 217g/km/37% 
• 0-62mph/top speed: 4.6 secs/177mph 

If you’re a company car buyer in search of fun with reasonable tax costs, the Cayman is one of the best in the business. It delivers stellar performance, a brilliant chassis, wonderfully precise steering, near-perfect balance in corners and loads of grip.

The flat-four engine isn’t the pinnacle of the range but it sounds characterful and delivers plenty of mid-range power. The PDK auto gearbox is near-perfect, mixing smooth low-speed shifts with rapid changes if you select the sportier driving modes.

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While the two-seat Cayman doesn’t have a huge amount of room in the cabin, if you’re a keen driver, you won’t regret choosing the Porsche.

BMW X5 xDrive45e M Sport 

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• Price: £69,915
• Engine/power: 3.0-litre 6cyl & e-motor/316bhp (total)
• CO2/BiK band: 27g/km/8%     
• 0-62mph/top speed: 5.6 secs/146mph

With a healthy budget, your options are broad – but do you choose a practical car or a fast one? Electric or petrol? A luxury car or something with low tax bills? Well, the plug-in X5 means you can have all those things in one.

It has an electric range of up to 54 miles – among the best of any PHEV – and a smooth, powerful six-cylinder petrol engine. Charge it often, and it offers the best of electric and petrol cars in one. There’s loads of space inside and a huge boot, plus lots of tech and a luxurious interior. It’s fast, too – 0-62mph takes just 5.6 seconds.

The X5 is a big, heavy SUV, so it’s not exactly sporty, but it’s still good to drive. Plus, it’s really comfortable over bumps and very quiet and smooth on the motorway. Just about the only place you might not want to take it is on a tight country lane, and that’s not because of the bumpy road surfaces – the X5 is simply a very large car.

Tesla Model S Long Range 

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• Price: £83,980 
• Engine/power: E-motor/671bhp
• CO2/BiK band: 0g/km/2%
• 0-62mph/top speed: 3.1 secs/155mph 

The Model S is expensive, but it’s possibly the ultimate company car for 2021. Tax bills of just £28 per month for the higher-earner bracket are almost unbelievably low for this rapid and luxurious exec.

It’s one of the few electric cars that can travel more than 400 miles on a charge, has access to Tesla’s UK-wide Supercharger network and has a roomy interior with lots of cutting-edge tech. It also has large boots, front and rear, plus enough space for adults to get comfortable in the rear seats.

We’re not convinced by its reliance on tech for basic functions, which can get annoying, but the Model S is still among the very best all-round company cars that you can buy.

Best company cars by price bracket

• Best company cars under £15,000
• Best company cars £15,000 to £20,000
• Best company cars £20,000 to £25,000
• Best company cars £25,000 to £35,000
• Best company cars £35,000 to £50,000
• Best company cars £50,000 and above