At the moment I am faced with the decision whether the purchase of a company car is advantageous for my situation. My annual salary is 70k (tax class 1) and my annual driving performance 7,000 km private and work back and forth 3,000 km, which makes me think whether this is a profitable option. With the option of an own car I would opt for a small used car worth 12,000 euros (consumption 6L/100km), which then completely my own In addition, there are ongoing costs such as repairs, TÜV, insurance, taxes and fuel that I would have to finance from my already taxed net income, I think that will be €2,500 a year. My calculation shows that the maintenance of the used car would amount to €5,000 over two years, plus a value loss of €3,000, resulting in total net costs of €8,000 in the first two years. In the case of a company car, I am considering a BMW 2 plug-in hybrid with a list price of 42,000 euros. The leasing rate for an annual drive of 10,000 kilometres amounts to 370 euros per month, plus the taxation of 0.5% of the list price and a flat-rate calculation for the distance to the workplace of 10 kilometres. Costs for repairs, TÜV, insurance, taxes and fuel for the company’s wagon n are taken over by the employer. List price of 42,000€, with 0.5% of the list price: 210€ Work path: 0.03% * 42000€ * 10km) 126€. Gives a monetary advantage of 210€ + 126€ = 336€. Gross annual salary is about 70,000€, hence tax burden 40%. Could someone help me to determine the annual cost of a leased company car? I would like to understand how the offer of a company car affects my annual net income – i.e. how much less can I pay for a company car? This would be the result of an increase in the number of jobs in the Community.