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Model X has arrived in the UK recently. As a UK company director (contractor), I seem to be able to tax efficiently buy one of these things and get rid of my gas guzzling family 4x4. Anyone done this, I'm still a bit hazy on how the BIK tax and finance costs work?

Should I do it?

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£72,000 for an entry level model? That seems a lot to me (although I don't own a car at all now).

Yeah it is a lot. I wouldn't consider buying a brand new car normally. However As currently structured it seems to be a fairly tax efficient way to extract money from the company (vs just buying one from after tax earnings). I was wondering if anyone went down this route with the model S or is going to with model x.

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