Best company cars £50,000 to £60,000
These are the best company cars for a budget of £50,000 to £60,000
If there’s £50,000 to £60,000 for your next company car, you’re certainly lucky. For this kind of money, we’re willing to bet that you’re looking for something that’s rather luxurious as well as being low on the Benefit-in-Kind (BiK) company car tax scale.
There’s plenty of choice in this area of the market, so to help you decide, our expert road testers have gathered the very best company cars for £50,000 to £60,000.
The best company cars for £50,000 to £60,000
| Model | Price from | Fuel type | BiK band |
| Volvo EX60 | £56,900 | Electric | 4% |
| BMW iX3 | £53,300 | Electric | 4% |
| Mercedes GLB | £46,100 | Electric | 4% |
| Polestar 4 | £56,800 | Electric | 4% |
| Genesis GV60 | £54,100 | Electric | 4% |
Keep scrolling to find the best company cars that you can buy for £50,000 to £60,000 or use the links in the table above..
Volvo EX60
- Price from: £56,900
- Fuel Type: electric
- CO2/BiK band: 0g/km/4%
The EX60 is the all-electric offshoot of Volvo’s all-time best-seller, the XC60. An important car for the marque then and as you might expect, one Volvo seems to have spent plenty of time on - the end result being a compelling alternative to the likes of the BMW iX3 and electric Mercedes GLC. And for some buyers the Volvo’s cool and calm styling will immediately give it the edge, being much less showy than the German offerings.
It’s a similar story inside, where the EX60 has one of the more pared-back cabins in its part of the market, albeit not one that feels austere or cheap (unless you go hunting lower down for less touchy-feely plastics). The heavily touchscreen-based setup takes a little getting used to, and family buyers need to consider how mucky the light colour palette might get if they have young children. Range and performance are up with the best though - the top-spec P12 model goes 503 miles on a charge, one of the longest-range EVs on the market.
"Most people will probably go for the accomplished base car; the single-motor model offers plenty of range and performance, but in a more affordable package.” - Richard Ingram, deputy editor
BMW iX3
- Price from: £53,300
- Fuel Type: electric
- CO2/BiK band: 0g/km/4%
The new BMW iX3 is a bigger step on from the similarly-named X3 than you might expect. The X3 in petrol and hybrid form remains on sale but the iX3 is all new, the first of the brand’s ‘Neue Klasse’ models to appear, and is electric-only. On this evidence, Neue Klasse gives us plenty to look forward to - the iX3 tops its class in most areas, driving better than its rivals but also completely eclipsing almost all of them on range.
The headline figure is 500 miles for the 50 xDrive, and while you probably won’t manage that between charges in everyday driving, you’re looking at figures similar to the fuel tank range on an equivalent combustion car. But away from range and performance the iX3 also has a thoroughly modern and well-designed cabin (despite being, like many cars now, quite screen-focused), and refinement, quality and space are all excellent.
“During our first drive of the car abroad, BMW explained in detail all the reasons why it’s so efficient, but the key technology that stood out to us was its expanded regenerative braking system that rarely, if ever, uses the friction brakes.” - Jordan Katsianis, senior staff writer
Mercedes GLB
- Price from: £46,100
- Fuel Type: electric
- CO2/BiK band: 0g/km/4%
If the Mercedes GLB has a unique selling point, it’s that this electric SUV, all new for 2026, can seat seven people. Not seven full-sized adults, but few need that kind of utility anyway - the point is, the GLB’s a useful family car that happens to be electric, and an electric car that in some variants has up to 380 miles of range too, several dozen more miles than the old EQB it replaces.
The GLB’s larger than the EQB was to the benefit of interior space, and for family buyers the larger rear doors will be welcome. A towing capacity of two tonnes means you might consider it suitable for caravan trips, too. Interior design is typical of modern Mercedes - wall to wall screens, in other words - which might not suit everyone, but quality has taken a step up. And in our £50k-£60k bracket, the GLB’s good value means you’ll be able to opt for a higher spec than some rivals.
“The new GLB undeniably looks a lot like the old model, because it has stuck to the same almost cubic silhouette, tall roofline and short overhangs that help to maximise cabin space.” - Ellis Hyde, news reporter
Polestar 4
- Price from: £56,800
- Fuel Type: electric
- CO2/BiK band: 0g/km/4%
While the lack of a rear window is somewhat unorthodox (this is replaced by a rear-facing camera), we have little doubt that the Polestar 4 is a big step in the right direction for this growing brand. The stonking 100kWh battery allows this electric SUV to claim up to 385 miles, and the most powerful model can even blast from 0-62mph in a sports car-esque 3.8 seconds.
Technophobes may be slightly alarmed by the screen-dominated interior, but Polestar’s Google-based technology is very easy to get on with, not to mention good to look at. Our road testers were impressed by the level of all-round quality on offer, too.
“During our testing, we found the ride on the firm side, but this does help to give the Polestar 4 a sporty edge that suits its silhouette, and body control is kept in check.” - Ellis Hyde, news reporter
Genesis GV60
- Price from: £54,100
- Fuel Type: electric
- CO2/BiK band: 0g/km/4%
Forget the Genesis GV60 existed? It’s certainly an uncommon sight on UK roads, with its Hyundai Ioniq 5 and Kia EV6 cousins being much more common. The GV60’s very similar under the skin and, wouldn’t you know it, has many of the same strengths and weaknesses as the other pair. As the Korean group’s luxury brand though it has a different look and feel which elevates it to the same level as the Volvos, BMWs and Mercedes in this price bracket.
While the range is no longer that special (348 miles max, from the RWD Pure model), its 220kW charging speed is still pretty competitive, so what you lose in outright reach, you gain in quicker stops. Performance too is still more than sufficient, and the cabin is holding up well. The screen software isn’t totally convincing but the overall design has an inviting feel. Small-ish boot aside (432 litres; an Ioniq 5 has 520 litres), it’s very spacious too, and the comfort is backed up by good ride and handling.
“Some may find it unconventional to look at, but you can’t argue with its efficiency, long range, and ultra-rapid charging speeds that help take the anxiety out of EV ownership.” - Dean Gibson, senior test editor.
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
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