Business Contract Hire pricing on the new BMW iX5 is now live at Lincoln Vehicle Solutions.
The iX5 is the first fully electric X5 in the model's history. BMW quotes a provisional WLTP range of up to 525 miles, 578hp from twin motors and charging at up to 460kW. In the UK it's also the cheapest way into the new X5 range, priced below both the diesel and the plug-in hybrid.
For company directors and business drivers, that combination matters. You get a large premium SUV that can cover a long working day on one charge, with a Benefit-in-Kind rate a fraction of what the diesel attracts. First UK deliveries are due in spring 2027, so now is the time to secure your order.
What is the new BMW iX5?
The iX5 is the all-electric version of the fifth-generation BMW X5. It sits alongside diesel and plug-in hybrid X5 models and effectively takes over from the BMW iX as BMW's large electric SUV.
It wears BMW's new Neue Klasse design inside and out, the same styling and tech direction as the new iX3. Every X5 and iX5 is built at BMW's Spartanburg plant in the US.
In the UK there's one powertrain at launch, the 425kW xDrive60 with a 146kWh battery, in three trims available to order now:
|
Model |
P11D value |
|---|---|
|
BMW iX5 xDrive60 |
£85,310 |
|
BMW iX5 xDrive60 M Sport |
£89,290 |
|
BMW iX5 xDrive60 M Sport Pro |
£91,460 |
To put that in context, the X5 40d diesel starts at £85,885 and the X5 50e plug-in hybrid at £86,870 on the road. The electric model is the entry point to the range.
Every iX5 comes well equipped, with BMW Panoramic Vision, a panoramic glass roof, sports seats, adaptive LED headlights and adaptive suspension. M Sport and M Sport Pro add progressively sportier styling and equipment, with M Sport Pro on 22-inch alloys and M Sport brakes with red calipers.
BMW iX5 range and charging
The iX5 uses a 141kWh usable battery, the largest BMW has fitted to a production electric car. BMW quotes a provisional WLTP range of up to 525 miles, which puts it among the longest-range EVs on sale in the UK.
For business drivers that changes the conversation. A day of client visits from Lincoln to Leeds, Manchester and back is comfortably within range, with charge to spare.
When you do need to top up on the road, an 800-volt system supports DC rapid charging at up to 460kW, on chargers powerful enough to deliver it. Most drivers will do the bulk of their charging at home or at work, where the running cost per mile is lowest.
Need a home charger? We partner with Pod Point and can put you in touch for a fitted price.
BMW notes that range, charging and performance figures are provisional until final homologation.
Performance, comfort and technology
|
Spec |
BMW iX5 60 xDrive |
|---|---|
|
Power |
578hp (425kW), twin motors, all-wheel drive |
|
Torque |
805Nm |
|
0-62mph |
4.6 seconds |
|
Battery |
141kWh usable |
|
Range (WLTP, provisional) |
Up to 525 miles |
|
Max DC charging |
460kW (800-volt) |
Inside, the iX5 gets BMW's new Panoramic iDrive. BMW Panoramic Vision projects key information across the full width of the windscreen base, alongside a large free-standing central display and a 3D head-up display. An optional passenger screen makes its X5 debut.
Adaptive suspension is standard. Air suspension, Integral Active Steering and active roll stabilisation are available as an option on the iX5.
BMW's new computing architecture also brings Level 2 driver assistance, including motorway assistance from slip road to slip road, which takes some of the strain out of long business journeys.
Why the iX5 makes sense on Business Contract Hire
Company car tax that's hard to beat. As a fully electric car, the iX5 is taxed at just 4% Benefit-in-Kind in the 2026/27 tax year. A diesel X5 40d sits in the top 37% band.
|
Annual company car tax, 2026/27 |
20% taxpayer |
40% taxpayer |
|---|---|---|
|
BMW iX5 xDrive60 (4% BIK) |
approx. £682 (£57 a month) |
approx. £1,365 (£114 a month) |
|
BMW iX5 xDrive60 M Sport (4% BIK) |
approx. £714 (£60 a month) |
approx. £1,429 (£119 a month) |
|
BMW iX5 xDrive60 M Sport Pro (4% BIK) |
approx. £732 (£61 a month) |
approx. £1,463 (£122 a month) |
|
BMW X5 40d M Sport (37% BIK) |
approx. £6,350 (£529 a month) |
approx. £12,700 (£1,058 a month) |
iX5 figures use the P11D values above, before options; the X5 40d is illustrative, based on a P11D of around £85,800. EV BIK is scheduled to rise to 5% in 2027/28, 7% in 2028/29 and 9% in 2029/30, still well below any diesel.
Fully deductible rentals. For limited companies, lease rentals on cars emitting 50g/km CO2 or less aren't subject to the 15% disallowance that applies to higher-emission cars.
VAT recovery. VAT-registered businesses can usually reclaim 50% of the VAT on the rental where the car has private use, and 100% on a maintenance package.
No depreciation risk. A brand-new model with a new battery technology is hard to value in three or four years' time. On BCH, the residual value risk sits with the funder, not your balance sheet.
Predictable costs. One fixed monthly rental, road tax included, with optional maintenance. Note that cars over £50,000 pay the Expensive Car Supplement on VED, which is built into your rental.
Your accountant can confirm exactly how these apply to your business.
How to lease a BMW iX5 through Lincoln Vehicle Solutions
We're an independent leasing brokerage working with all of the UK's major leasing funders. That means we compare the market for you rather than pushing one lender's rate.
- Tell us what you need. Term, annual mileage, initial rental and whether you'd like maintenance included.
- Get your tailored quote. We'll come back with the best rentals we can find for your profile, and talk you through the options honestly.
- Apply for finance. Your application goes to the funder, who'll usually want company details and, for smaller businesses, a director's guarantee.
- Place your order. Once finance is approved, we place your order and keep you updated through to delivery.
Recently incorporated? We have funders who'll consider newly formed businesses once they've started trading.
With first UK deliveries due in spring 2027, early orders are likely to be first in line. If you're replacing a current car, it's worth starting the conversation now so your new iX5 lines up with your existing agreement ending.
Request Your BMW iX5 Quote
BMW iX5 business lease FAQs
Your rental depends on the trim, contract length, annual mileage and initial rental you choose. You'll find our current BMW iX5 Business Contract Hire pricing for each model at the top of this page, or ask us for a quote tailored to you.
As a fully electric car, the iX5 is taxed at 4% BIK in 2026/27, 5% in 2027/28, 7% in 2028/29 and 9% in 2029/30.
BMW quotes a provisional WLTP range of up to 525 miles from its 141kWh usable battery.
Its 800-volt system supports DC rapid charging at up to 460kW on compatible chargers.
The iX5 is on sale now, with first UK deliveries scheduled for spring 2027.
Yes. The iX5 effectively takes over from the iX as BMW's large electric SUV.
Often, yes. Some of our funders consider newly incorporated businesses once they've started trading, usually with a director's guarantee.