Best company cars £30,000 to £40,000

With a budget of over £30,000, you’ll have a wide range of tempting company car purchases to choose from. As always, electric cars will bring the biggest savings when it comes to tax and running costs but, if you’re not quite ready to make the switch, our experts have picked out some top hybrids, too. Whatever your preference, these are the best company cars for between £30,000 and £40,000.

The best company cars for £30,000 to £40,000

These are the very best company cars for a £30,000 to £40,000 budget.

Hyundai Kona Electric

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• Variant: Kona Electric Advance 65kWh
• Price: £34,995
• Powertrain: 65kWh battery, 1x e-motor
• CO2/BiK band: 0g/km/3%
• 0-62mph/top speed: 7.8 seconds/107mph

Another recommendation here for our reigning Car of the Year, this time in all-electric spec. Hyundai has been at the sharp end of putting electric powertrains into cars people really want to buy, and the latest Kona is a fine example. 

It has more cabin space and boot capacity than the original model, and a WLTP claimed range of more than 300 miles. Advance trim is at the more affordable end of the Kona line-up, but that doesn’t mean you need to scrimp on standard equipment, and a price drop since we included the Kona Electric last year actually reduces your tax burden too: less than £20 a month for those in the lower band, and below £40 for higher-rate taxpayers.

See our Hyundai Kona Electric deals

Kia EV3

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• Variant: EV3 Air 81.4kWh
• Price: £35,995
• Powertrain: 81.4kWh battery, 1x e-motor
• CO2/BiK band: 0g/km/3%
• 0-60mph/top speed: 7.7 seconds/105mph

The Kia EV3 is one of the most impressive new electric cars on the roads. It’s basically the already desirable EV9 condensed into a smaller, more affordable package – and it’s likely to become popular both with company users and private buyers. Take your pick from its talents: boxy yet funky styling, a smart and well equipped cabin, plenty of space, a range of up to 372 miles, and a long list of safety kit. Is it exciting to drive? Not especially, but it does everything else so well that we don’t really mind.

See our Kia EV3 deals

Tesla Model 3

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• Variant: Model 3 Rear-Wheel Drive
• Price: £39,990
• Powertrain: 57.5kWh battery, 1x e-motor
• CO2/BiK band: 0g/km/3%
• 0-62mph/top speed: 5.8 seconds/125mph

An outright Auto Express Car of the Year way back in 2019, Tesla Model 3 has been kept fresh through online tech updates and revisions to its powertrain. That uber-minimalist interior has aged pretty well, and company-car taxation rules have continued to move the goalposts in the EV’s favour.

This is a saloon that can crack 0-62mph in less than six seconds even in its cheapest form, travel 318 miles between charges (some versions do more, but breach our £40k budget) and refill at up to 170kW (pay extra and other models can take 250kW). Yet it’ll cost a higher-rate taxpayer only £40 a month in BiK. It may not have a traditional executive badge, but it’s a stellar choice regardless.

See our Tesla Model 3 deals

Volkswagen ID.3

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• Variant: ID.3 Pro S Essential
• Price: £39,220
• Powertrain: 77kWh, 1x e-motor
• CO2/BiK band: 0g/km/3%
• 0-60mph/top speed: 8.2 seconds/99mph

The Volkswagen ID.3 got a bit of a lukewarm reception on its debut in 2019, but to Volkswagen’s credit, it’s a much better car now than it was back then, even if it still looks virtually the same on the outside. Interior quality has improved and the touchscreen system is much better now – making it easier to appreciate what was always a spacious cabin and a decent drive. All ID.3s are quite brisk off the mark and their range is pretty good too, with upwards of 265 miles, and 346 miles in our pick, the Pro S Essential. The VW badge still holds a bit of cachet too, so you probably wouldn’t be too disappointed to find this on your company car list.

See our Volkswagen ID.3 deals

Volvo EX30

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• Variant: EX30 200kW Single Motor Extended Range Plus
• Price: £39,100
• Powertrain: 69kWh battery, 1x e-motor 
• CO2/BiK band: 0g/km/3%
• 0-62mph/top speed: 5.3 seconds/112mph

Volvo has really put the cat among the pigeons with its long-awaited baby EV, the EX30 – and aggressive pricing and strong specs make the Swedish model look an absolute steal for company-car choosers.

We’ve gone for the 200kW single-motor version here, which packs 268bhp – enough for a 0-62mph time of barely five seconds. It also brings a portrait-layout infotainment system, front and rear parking sensors, heated seats and steering wheel, and a heat pump to maximise the Volvo’s range. 

Yet the P11D price of sub-£40k and that EV BiK rate mean that even higher-rate taxpayers can have an EX30 on their driveway for £40 per month in tax. Wow.

See our Volvo EX30 deals

Best company cars by price bracket

• Best company cars under £25,000
• Best company cars £25,000 to £30,000
• Best company cars £30,000 to £40,000
• Best company cars £40,000 to £50,000
• Best company cars £50,000 to £60,000
• Best company cars £60,000 and above