How Much Does an Electric Vehicle Like a Tesla Model 3 Cost for a Business?

How much does an electric vehicle like a Tesla Model 3 cost for a company? In this video, I'll examine the cost of a Tesla Model 3 Long Range at €50,000 and compare it to that of a Volkswagen Golf Diesel at €40,000. Will the €10,000 price difference between the two vehicles be offset? In this example, we'll look at two ways for a company to cover the costs of a vehicle: Through mileage allowances Through direct purchase by the company. In 15 minutes, this video will help you understand the tax differences between an electric vehicle and a "conventional" car. WELCOME TO THE OFFICE is a channel where we discuss business management from a practical and accessible perspective. The idea is to develop and explain a topic of interest to the business world each month. If you're interested in business management, feel free to click the subscribe button and turn on notifications! To contact me: [email protected] Summary: 00:00 - Introduction 03:26 - Annual vehicle expenses 06:20 - Personal vehicle purchase: mileage allowances 10:37 - Business vehicle purchase: depreciation and expense deductions 15:24 - Conclusion