At over £20,000 you can get a former Auto Express Car of the Year in the Skoda Octavia, a real hot hatch with the Hyundai i20 N or the best car to buy according to our readers, the Kia XCeed. BiK tax rates vary quite a bit in this selection, so choose wisely.
Scroll down to see the best company cars you can get between £20,000 and £25,000…
Skoda Octavia 1.0 TSI SE
- Price: £23,335
- Engine power: 1.0-litre 3cyl/108bhp
- CO2/BiK tire: 117g/km/28%
- 0-62 mph/top speed: 10.8 seconds/129 mph
The latest Skoda Octavia is a stunning all-rounder. Not only is it an efficient, inexpensive choice for a commercial vehicle, it’s also a great family car that’s comfortable, easy to drive, spacious and affordable to buy. It was also a winner of the 2021 Auto Express Award, and it is the 1.0-litre petrol version that delivers the best cost-in-kind.
Known for its practicality, the Octavia is certainly one of the most spacious family cars out there. There’s a 600-litre boot and plenty of room in the rear, even for adult passengers. It’s comfortable to drive and the small petrol engine is punchy enough, but it’s also very quiet.
The equipment is also good, as the SE trim comes standard with LED lighting, cruise control, parking sensors, lane assist, AEB, keyless start, voice control and a 10-inch touchscreen display with Apple CarPlay and Android Auto. Especially the infotainment offer is very good for this kind of budget. It looks great, is easy to use and has lots of advanced features.
Renault Captur TCe 90 Evolution
- Price: £22,195
- Engine power: 1.0-litre 3cyl/89bhp
- CO2/BiK tire: 133g/km/31%
- 0-62 mph/top speed: 11.0 seconds/112mph
Compare the Captur with the closely related Clio, and the technical details show that the former is less fuel-efficient, more tax-efficient and slower. However, it is also more practical and has a sliding rear seat for added versatility.
Renault’s small SUV combines a comfortable ride with a neat handling and delivers relaxed highway manners. The interior looks sleek and feels more luxurious than the price suggests – it’s also very roomy and has a generous boot – so it’s really good value alongside other similarly sized SUVs. The 1.0-litre engine isn’t as punchy as in the smaller Clio, but it still works fine here.
If you can stretch to the E-Tech hybrid model, which costs just under £25,000 at the time of writing, CO2 emissions drop to 113g/km. That gives a lower BiK rating and lower monthly tax costs.
Hyundai i20 N
- Price: £24,995
- Engine power: 1.6-litre 4cyl/201bhp
- CO2/BiK tire: 158g/km/36%
- 0-62 mph/top speed: 6.2 sec/142 mph
The standard i20 is a great utility vehicle for sensible reasons, but if you’re up for a thrilling driving experience, the i20 N hot hatch is worth considering. It has all the same functionality as the normal version, but it is fast and fun to drive.
There’s a 0-100km/h time of 6.2 seconds, the engine revs quickly and the slick manual gearshift is a lot of fun to use, plus there’s plenty of grip and an entertaining chassis. One thing to keep in mind though is that the i20 N has a much stiffer suspension than the normal car and can be uncomfortable over bumps, especially at lower speeds.
It’s good value though, as little else can match its performance at this price point, plus it comes with 18-inch wheels, sports seats, LED headlights, heated seats, parking sensors, keyless entry and two 10.25-inch screens.
Kia XCeed 1.0 T-GDI Connect
- Price: £21,835
- Engine power: 1.0-litre 3cyl/118hp
- CO2/BiK tire: 135g/km/32%
- 0-62 mph/top speed: 11.1 seconds/115 mph
In our 2022 Driver Power survey of new car owners, the Kia XCeed came out on top. It seems that whether you are the registered owner or your company, the XCeed is a joy to live with. Reliability, infotainment and operating costs were among its many accolades, the latter being especially important to corporate buyers.
There is an XCeed plug-in hybrid model with fantastically low BiK costs, but it is a lot more expensive to buy and less practical than the standard car thanks to a reduction in the trunk space. The two regular petrol engines both get around 45mpg, and the Connect trim’s reasonable price point helps keep costs down.
All versions of the XCeed get two-tone alloy wheels, LED headlights and a 10.25-inch touchscreen with satellite navigation and smartphone connectivity. Of course, if you plan on keeping the car longer than average, Kia’s seven-year / 100,000-mile warranty may be appealing.
Toyota Yaris 1.5 Hybrid Design
- Price: £21,460
- Engine power: 1.5-litre 3cyl & e-motor/114bhp (total)
- CO2/BiK tire: 92g/km/23%
- 0-62 mph/top speed: 9.7sec/108mph
Hybrid drive means the Yaris has a small electric motor in addition to the petrol engine and is quiet, relaxing and efficient around town. Its low CO2 emissions also make it a very affordable company car.
The talents of the Yaris don’t stop there, because the latest model drives wonderfully, is relatively practical and has a pleasant and well-equipped cabin. Because all versions are automatic, it’s a great choice for commuting, whether you’re taking a short drive in the city or a longer ride on winding country roads. The Design finish comes with all the standard equipment you could possibly need.
Ford Puma 1.0 125 mHEV Titanium
- Price: £24,145
- Engine power: 1.0-litre 3cyl/123hp
- CO2/BiK tire: 122g/km/29%
- 0-62 mph/top speed: 9.8sec/119mph
The Puma shares its technology with the fantastic Fiesta, but transforms it into a more practical and stylish SUV body.
One of the key pieces of technology that has been adopted is the efficient and powerful EcoBoost petrol engine, which produces 123 hp in this model – enough for a small SUV and it takes less than 10 seconds from 0-100 km/h . The Puma is also a joy to drive, with a slick gearshift, quick steering, a composed chassis and a pleasant thump from the three-cylinder petrol engine. It’s also a mild hybrid, which means efficiency is good too: 122 g/km CO2 means reasonable tax bills.
One of its standout features is the MegaBox in the boot, a massive underfloor storage space that’s deep enough to allow you to leave a set of golf clubs upright in the boot. Another highlight of Puma is that it is good value for money; our favorite Titanium finish comes with 17-inch alloy wheels, automatic headlights, a heated windshield, parking sensors and an eight-inch touchscreen infotainment system with Android Auto, Apple CarPlay, Bluetooth, DAB, voice control and two USB ports.
Best commercial vehicles by price range
- Best commercial vehicles under £15,000
- Best Commercial Vehicles £15,000 to £20,000
- Best Commercial Vehicles £20,000 to £25,000
- Best Commercial Vehicles £25,000 to £35,000
- Best Commercial Vehicles £35,000 to £50,000
- Best Commercial Vehicles £50,000 and up