New Renault pricing gives fleets something to smile about
Following the recent simplification of its car range, Renault has revised the prices for many of its best-selling models so that they are now the same price or substantially less than before, despite the VAT rise.
As a result, the brand is highlighting how the revised P11D prices will benefit employers through lower National Insurance contribution costs, while business drivers can enjoy reduced Benefit-In-Kind taxation.
Among several key examples, the Mégane Sport Tourer Dynamique TomTom dCi 110 sees a P11D reduction of £975, a 5% improvement overall.
Moving up the product range, the Laguna Hatch Dynamique TomTom dCi 150 sees a P11D reduction of £1,415, with an NI reduction of £117 over three years and BIK down by £340 (based on 40% taxpayer rate). Lastly, the P11D of Espace Dynamique TomTom dCi 150 falls by £2,430, while its NI saving over three years is £621 and BIK down by £1,799.
Renault has also increased equipment specification at no extra cost on several models. As a prime example of the added value, the svelte Laguna Coupé GT Line TomTom now offers fully-integrated Carminat TomTom satellite navigation as standard, previously a £460 option, despite the £1,970 price cut for the dCi 180 version.
Commenting on its car range price reductions for 2011, together with the company's other recent improvements, Darren Payne, Renault UK's director of fleet and LCV operations, said: 'With the raft of enhancements we've made to our business customer services through the Renault Business Promise, our simplified car product range, the new more efficient and economical engines we are introducing and now our new lower list prices, we're showing the fleet sector how 100% committed we are to driving down running costs.'