Novated Leasing Guide - Fleet Auto News...your car with a new novated lease. NOVATED LEASES An overview of how novated leases work Call: 134 333 Email: [email protected]

Novated Leasing

Guide

2020

117 colour variations available on C-HR Koba model only. 2Coverage varies based on vehicle location. 3Available on certain vehicle models and grades only. CarPlay® is a trademark of Apple, Inc. registered in the U.S. and other countries. Android AutoTM is a trademark of Google LLC. Requires compatible device, USB connection, mobile data, network reception & GPS signal. Mobile usage at user’s cost. Apps subject to change. For details see toyota.com.au/connected. TFM001000 01/20

toyota.com.au/fleet

With a novated lease, payments are taken from your pre-tax salary to help you save on tax. That could make it easier for you to get into the New-Look Toyota C-HR. Make a statement with up to 17 vibrant colours1 to choose from and a bold exterior design. Inside, you’ll find advanced tech like an 8" colour touchscreen and built-in Sat Nav2, plus Apple CarPlay® and Android Auto™3. A full suite of Toyota Safety Sense features is at the ready too, so you can drive with confidence.

Get the New-Look C-HR on a novated lease and you’ll be turning heads in no time.

Contact a Toyota Fleet specialist or call 1800 679 247 today

CHANGE THE RULES WITH THE NEW-LOOK TOYOTA C-HRAnd enjoy potential tax savings with a novated lease

TFM001000_NL_PressAd_210x297_C2.indd 1 13/1/20 10:04 am

with a novated lease. The data on each vehicle is not comprehensive. It’s a sample of the information you’ll see on a novated leasing quote to introduce you to the important terms.

If you are considering a novated lease, now or in the future, this guide is for you.

It’s also for the person within an organisation that gets asked all the car questions. It may be the Fleet Manager, or it could be Human Resources, Finance or Procurement.

Please share this guide with friends, family and colleagues to help them better understand the benefits and vehicle affordability offered through a novated lease.

Regards.

P.S. You can also download a copy at fleetautonews.com.au

Welcome to the fifth edition of the annual Fleet Auto News Novated Leasing Guide. If you’re reading this for the first time, I hope you find it helpful in explaining the benefits of novated leasing.

ACA Research released some data in 2018 showing that the penetration of novated leasing into eligible employees was only 29%. More recently the Melbourne Institute’s Household, Income and Labour Dynamics in Australia (Hilda) survey, showed that 84.1% of those surveyed do not engage in salary sacrificing activity of any kind.

Novated leasing, or salary sacrificing, does seem complex at first because of the industry jargon like PAYG, GST and FBT. Though if you take the time to understand how it works, it will make sense. And the savings are real compared to buying a car using other financing methods.

This guide is laid out in a simple way showing the purchase price, monthly rental and the annual savings available from salary packaging for

over 200 cars. You can compare different vehicle types and model variants at a glance.

Categories are used to separate the different type of cars to help narrow down your choices. If you’re looking for your dream car, Luxury and Sports will be the sections for you. If it’s to upgrade the family car, you should head straight to SUV Medium or SUV Large depending on your family size.

THE SAVINGS ARE REAL COMPARED TO BUYING

A CAR USING OTHER FINANCING METHODS

There’s a broad range of vehicles with an indicative monthly lease rental on each one. This is because most of us desire cars with a purchase price beyond our reach. Though when you convert the cost of ownership to a fixed monthly amount, you may be able to put the one you want in your driveway sooner than you planned.

We’ve also tried to simplify the information on the savings available

EDITOR'S MESSAGE

Welcome to the 2020 edition of the annual Novated Leasing Guide

fleetautonews.com.au 2020 Novated Leasing Guide 1

https://fleetautonews.com.au


N I S S A N

F L E E T

Tough, capable and stylish, the new Nissan Navara N-TREK Warrior sets a new benchmark for work vehicles in Australia. This specially designed ute has been locally

tested and re-engineered to handle the harshest on-road and off-road conditions. With raised suspension and 32.2-inch all terrain tyres, plus the latest Nissan Intelligent

Mobility features, the N-TREK Warrior is a workhorse like no other.

Capped Price Servicing applies for up to 6 years / 120,000km (whichever occurs first). See Nissan.com.au for full T&Cs of warranty and capped price servicing.

TO FIND OUT MORE NISSAN.COM.AU/FLEET

T A I L O R - M A D E F O R W O R K A N D P L A Y

In Australia, we’re spoilt for choice when it comes to new vehicle options. There’s more than 500 models from 70 manufacturers. So how do you choose a new car?

At Fleet Auto News we believe your lifestyle, or stage of life, is one thing that chooses a car for you. Another factor is whether you view your car as a mode of transport or part of your

image. In 2020, powertrain may influence your decision.

Do you prefer petrol, diesel, hybrid, plug-in hybrid or electric?

With so much choice, and technology changing so fast, the car you love today may not fit your lifestyle tomorrow. This makes novated leasing a perfect way to change your car every three years.

At Fleet Auto News, we get to drive lots of cars and we have our favourites. We’ve asked two of our reviewers to put together a list of recommendations based on the different ways people use their cars. We hope this helps you pick your new car (or at least narrow down some choices for a test drive).

Toyota Corolla Hybrid The reliable Corolla is now packed with safety features and runs on the smell of an oily rag.

Alternatives

� BMW X3

� Tesla Model 3

Toyota RAV 4 Hybrid Quiet, comfortable, practical and so easy to live with every day. Just get in and go.

Alternatives

� Mazda3

� Mitsubishi ASX

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EDITOR'S CHOICE

Hyundai Kona EV Great size for getting around town with enough range to last a month. No more petrol!

Alternatives

� Hyundai IONIQ

� Holden Trax

Hyundai IONIQ EV Normalising EV’s, it’s practical, well-appointed and pleasing to drive. You’ll never need to go to the servo again.

Alternatives

� Hyundai Venue

� Toyota Corolla Hybrid

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EDITOR'S CHOICETesla Cybertruck Because it’s a Tesla.

Alternatives

� Rivian R1T

� Rivian R1S

Ford Ranger XLT Tough enough to go anywhere you would want. Well equipped, and very capable. Conquer the great outdoors in comfort.

Alternatives

� Toyota Landcruiser Prado

� Mitsubishi Triton

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Hyundai Santa Fe Highlander It was my pick in 2019 so I bought one. I love all the extras included in the price compared to European models.

Alternatives

� Nissan Pathfinder

� Holden Acadia

Kia Sorento GT Comfortable practical, versatile and a pleasure to drive. The best value seven seater on the market.

Alternatives

� Mitsubishi Outlander

� Kia Sportage

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Holden Corvette Not available yet but the next model is being built in RHD. Once in a generation opportunity.

Alternatives

� Porsche Taycan

� Lamborghini Urus

BMW X2 M35i Take this car on a weekend away and you’ll understand. Practical, sporty with a very sexy exhaust note. Spend the change on fancy hotels and restaurants!

Alternatives

� Genesis G80

� BMW 330i

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fleetautonews.com.au2020 Novated Leasing Guide4


Nissan Navara N-TREK Dual Cab 3,500kg braked towing capacity with comfort and style so you look good on your holiday.

Alternatives

� Toyota Landcruiser LC200

� Mercedes-Benz G-Class

Toyota Landcruiser Prado With 3000kg towing capacity, it’ll tow your caravan or boat in style and comfort.

Alternatives

� Ford Ranger XLT


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Kia Stinger GT Comfort and performance in a luxury package. Cars like this only get built once every decade.

Alternatives

� Tesla Model S

� Hyundai i30 N

Ford Mustang GT Super sexy styling. V8 soundtrack and performance makes the Mustang GT a perfect choice for Sunday drives.

Alternatives

� Hyundai i30 N Fastback

� BMW 330i

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Mitsubishi Triton Double Cab Great value and great safety features to keep you safe on the job.

Alternatives

� Toyota Hilux SR5

� Mercedes-Benz X-Class

Toyota Hiace The all new Hiace provides improved comfort and driver aids which makes this workplace a much better place to be.

Alternatives


� Ford Ranger

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Call: 134 333

Email: [email protected]

fleetcare.com.au

find out more here

We know novated!

For 30 years, we’ve helped Australian drivers

find the perfect vehicle to match their lifestyle.

For 30 years, we’ve saved Australian drivers

thousands with exclusive vehicle specials, and

discounted running costs.

For 30 years, we’ve supported Australian drivers with

24/7 support, partnering with suppliers nationwide

to keep drivers and their cars on the road.

If you’re in the market for a new car, a Fleetcare Novated Lease lets you

drive the car of your dreams at a discounted price, save on the vehicle’s

running costs and reduce the amount of tax you pay as well!

Start your novated lease today.

NLEE-FANNLG-PA-0120

Disclaimer: The information does not take into account your personal financial needs and does not constitute legal, taxation or financial advice. GST savings are dependent on your employer’s policy and accounting treatment of GST. Terms and conditions for 10c offer can be found at fleetcare.com.au/terms-and-conditions-novated-10c-offer.

Exclusive fleet discounts

10c off every litre of fuel

Save on tax

Save on GST

https://www.fleetcare.com.au/employee?nlee-fannlg-pa-0120

It’s simple really. You pick a car and then save some money by using pre-tax dollars. Not quite getting it? That’s OK. It takes a while because it seems too good to be true.

If you’re planning to buy a car (new or used) using finance, and work for an employer that offers salary packaging benefits, you should ask some questions about novated leasing.

It may sound complicated. And it will take some time to understand if it’s your first novated lease. But isn’t that the case with most things to do with money?

Once you get your head around the finance part and tax savings, the extra benefits that make car ownership easy are more than worth it.

PICK YOUR CAR AND THEN SAVE SOME MONEY

For example, the cost of fuel, rego and servicing are all included in the monthly rental. This means you won’t get the high pump price blues, or pre-service financial anxiety attack. The budgeting is taken care of as part of the salary packaging.

With a novated lease, most people can save some money compared to financing a new car using their post-tax salary. And if you work in a government role like health, policing or education, you can take advantage of the extra benefits on offer. There are also extra benefits for people that work in the Not for Profit sector.

Then at the end of the lease term (normally three years) you have several options. If you love the car you can own it. If your circumstances change you can sell it. Or, you can change your car with a new novated lease.

NOVATED LEASESAn overview of how novated leases work

Call: 134 333

Email: [email protected]

fleetcare.com.au

find out more here

We know novated!

For 30 years, we’ve helped Australian drivers

find the perfect vehicle to match their lifestyle.

For 30 years, we’ve saved Australian drivers

thousands with exclusive vehicle specials, and

discounted running costs.

For 30 years, we’ve supported Australian drivers with

24/7 support, partnering with suppliers nationwide

to keep drivers and their cars on the road.

If you’re in the market for a new car, a Fleetcare Novated Lease lets you

drive the car of your dreams at a discounted price, save on the vehicle’s

running costs and reduce the amount of tax you pay as well!

Start your novated lease today.

NLEE-FANNLG-PA-0120

Disclaimer: The information does not take into account your personal financial needs and does not constitute legal, taxation or financial advice. GST savings are dependent on your employer’s policy and accounting treatment of GST. Terms and conditions for 10c offer can be found at fleetcare.com.au/terms-and-conditions-novated-10c-offer.

Exclusive fleet discounts

10c off every litre of fuel

Save on tax

Save on GST


https://www.fleetcare.com.au/employee?nlee-fannlg-pa-0120


Get in touch with our Novated Leasing Specialists today on 1300 353 381 or contact us at [email protected]

1300 466 828

Important Information: Information is current as at January 2019 and is subject to change. The information is general in nature and does not constitute financial or tax advice. Independent financial and tax advice should be sought. All applications are subject to credit approval criteria.

Terms and conditions, fees and charges apply. FleetPlus Pty Ltd ABN 59 099 217 320.

First. It’s How We Treat You.

Are you looking for a Novated Provider that goes the extra mile?FleetPlus have extensive experience in Novated Leasing and can assist you through the complete lifecycle of your Novated vehicle.

From the purchase of a vehicle to the sale of your current car; our customer focused specialists can assist in tailoring a complete solution that goes well beyond financing.

Fleet discounts on new vehicles

Trade in capabilities

A variety of end of lease options

Tailored Novated Leasing packages

Are you planning to buy a car?Do you already own a car?What does it cost to run?

The good news is you could end up with more dollars in your pocket with a novated lease compared to buying it with cash. It’s true! Novated leasing is a great way to save money by salary packaging a vehicle.

All you need to do to take advantage of this legal (and easy) way of reducing your tax bill is to work for a company that offers salary packaging as an employee benefit.

What's the difference between owning a vehicle and a novated lease?

The first thing is the running costs are paid from your salary before the tax is taken out. This reduces your income which also reduces the tax you pay.

What do we mean by running costs?

Well the obvious one is fuel. You also have servicing, finance costs and insurance. When they are included in the lease, the financier claims the GST input tax credit which is like you getting a 10 percent discount.

And with a novated lease all the expenses are combined into one monthly rental which makes budgeting easier.

Sure, it’ll take some time to get your head around the benefits. But do the research. Take the time and you’ll thank us.

There’s plenty of information online, including calculators that will detail the savings. Just Google novated leasing and start from there. Or talk to your HR people.

Get in touch with our Novated Leasing Specialists today on 1300 353 381 or contact us at [email protected]

1300 466 828

Important Information: Information is current as at January 2019 and is subject to change. The information is general in nature and does not constitute financial or tax advice. Independent financial and tax advice should be sought. All applications are subject to credit approval criteria.

Terms and conditions, fees and charges apply. FleetPlus Pty Ltd ABN 59 099 217 320.

First. It’s How We Treat You.

Are you looking for a Novated Provider that goes the extra mile?FleetPlus have extensive experience in Novated Leasing and can assist you through the complete lifecycle of your Novated vehicle.

From the purchase of a vehicle to the sale of your current car; our customer focused specialists can assist in tailoring a complete solution that goes well beyond financing.

Fleet discounts on new vehicles

Trade in capabilities

A variety of end of lease options

Tailored Novated Leasing packages

CASH vs LEASINGA novated lease vs paying cash for a car



BMW 118i.FROM $42,875 DRIVE*

AWAY .Includes: • M Sport Package • Metallic Paint • BMW Service Inclusive Package - Basic

*Recommended Promotional Drive Away Price is based on a new BMW 118i with M Sport Package, Metallic Paint, and BMW Service Inclusive Package – Basic, and registered in NSW. Offer applies at participating BMW dealers, while stocks last. Available to private buyers purchasing via novated lease through an approved fleet management organisation only. Vehicles must be delivered by 31 December 2020. Cannot be combined with any other offer. Stock may vary between BMW dealers. Excludes fleet, government and rental buyers. Terms and conditions apply. BMW Group Australia reserves the right to remove, change or extend the offer. Consult your participating BMW dealer for further details.

Own the new BMW 118i with Head-Up Display, Wireless Phone Charging, Apple CarPlay ®, Lane Departure Warning and Parking Assistant.

To find out more, visit your authorised participating BMW Dealer today.

Extra benefits

Get extra benefits from your novated lease with a Corporate Program.

There are many reasons to consider a novated lease and the number one benefit is the money you can save compared to other finance options. If you’re looking at buying a luxury car there may be additional benefits available through the range of Corporate Programs on offer.

All the major luxury brands including BMW, Mercedes-Benz, Land Rover and Lexus run Corporate Programs. And like salary packaging, many employers use the membership of these programs as a way to recruit and reward staff.

And it’s not just luxury brands. Renault also offers novated lease buyers exclusive offers and discounts.

These programs effectively offer employees of large companies and industry associations free, or discounted, incentives to purchase a new luxury vehicle. And many of the benefits are not available if you’re a private buyer.

ALL THE MAJOR LUXURY BRANDS RUN

CORPORATE PROGRAMS

Over the years the benefits may change though they are all aimed at reducing your running costs and enhancing your overall ownership experience.

Each luxury manufacturer has a number of ways that they can make owners feel special and part of an exclusive club. And when you’re choosing a luxury car

as a reward for yourself, a few extras will make it even better.

Servicing and maintenance costs are often the things that worry people when they start to consider purchasing their first luxury European vehicle. A Corporate Program is a good way to ease your concerns because you’ll have access to an account manager to help you understand the total cost of ownership rather than focusing on one aspect.

So why not get more from your novated lease by purchasing a luxury vehicle from a manufacturer that offers a Corporate Program?

To find out more you can read one of the many articles about Corporate Programs on the Fleet Auto News website at fleetautonews.com.au.

EXTRA BENEFITSGet corporate benefits from a novated lease




BUILT FOR YOUR BUSINESS

Bundle all your vehicle needs into one flexible novated package with Mitsubishi. We have a greatvehicle range that will suit you lifestyle and budget for anytime, anywhere.

Talk to your Mitsubishi Fleet Manager at your localDealership to discover a tailored solution today!

OPTIONAL ACCESSORIES When you get a novated lease you can pick the car you really want and it’s the right time to ‘Pimp your ride’ with some great accessories.

These days there’s a long list of genuine accessories from the dealership which will be covered by the manufacturer’s warranty and

have been engineered specifically for your car. There’ll also be a range of aftermarket options.

And the great thing about including accessories in a lease is the way the cost is spread over the lease term.

For example, an accessory that costs $720 is only $20 a month over three years. Then after tax, it’s even less!

So, don’t skimp on the accessories and load up your car with all the things you’ve always wanted.

METALLIC PAINTThe colour of your car is as important as the brand you choose. Don’t skimp on this.

TYRESBig wheels doesn’t mean cheap tyres. Stick to a quality brand or the manufacturer's recommendation. Or maybe you want an all terrain pattern for your off-road adventures. Remember - there’s only one hand print between you and the road.

SAFETY PACKIf you’re buying a family car then tick every option. Even if you’re not, the safety features hold their value when it’s time to sell.

WINDOW TINTIt should be a standard feature. Not only does it look great it keeps your car cool.

BIGGER WHEELSThey look great don’t they? More rim, less tyre is the golden rule.

ROOF RACKSIt’s amazing how useful these can be. Obviously not for every car or every driver. So think about the look as well as the practicality.

TOW BARIf you think there’s a chance that you might tow something one day (or even use a bike rack), get it fitted at the start

INTERIORGo for leather. The smell. The feel. It’s a small price for luxury.



Take control of your Novated Lease with MyCar

FleetPartners online portal MyCar, offers you a user friendly online platform, to apply, track & manage your Novated Lease,

keeping you in control from beginning to end.

1300 882 266 fleetpartners.com.au

Important: Information in this guide is current as at January 2019 and is subject to change. It is your responsibility to ensure you are in possession of the most current version of the guide which can be downloaded at www.fleetpartners.com.au or by calling 1300 666 001. Fleet Partners Pty Ltd ABN 63 006 706 832.

Novated Leasing at your fingertips with FleetPartners!To register for MyCar contact FleetPartners on 1300 882 266

or visit FleetPartners.com.au/MyCar to find out more.

Find a vehicle and get 24/7 real time quotes

Track your application and approval process

Manage your Novated Lease anytime, anywhere

Save time and money

Do you worry about climate change?

Does your home have solar panels on the roof?

Are you concerned about government policy and the impact it’s having on the environment now and in the future?

You don’t need to answer yes to these questions to buy an electric vehicle. Sure, the early adopters of the Toyota Prius and Nissan Leaf were probably supporters of the environment. But in 2020 the reasons to buy one go well beyond the low emissions.

At the end of 2019 there were five manufacturers offering 39 variants of electric vehicles in Australia. The launch of the Tesla Model 3 last year put more EVs on the road in Australia than ever before. In 2020 Hyundai and other volume manufacturers will start

to make an impact by increasing sales to government, fleet and retail buyers.

Here’s some of the things you should know about electric vehicles if considering one for a novated lease.

FUN TO DRIVE, GREAT ACCELERATION AND A SMOOTH, QUIET RIDE

Driving distance (range) – All the EVs on sale in Australia today will drive far enough for people living in capital cities, or large regional towns, to perform their daily routines. Longer trips won’t be an issue either because batteries are getting better with each year of development just like mobile phones.

Charging (filling the tank) – If you know how to plug-in a toaster, you can charge an EV. It’s better than visiting

a petrol station because you can do it at home. Another option is using one of the public chargers located in shopping centres, parking stations or in your workplace. Just start looking, and you’ll see them everywhere.

Driving experience – They are fun to drive with great acceleration and a smooth, quiet ride. It does take a few trips to adapt your driving style to an EV and the best part is the regenerative braking which almost eliminates the need to use the brake pedal.

Purchase Price – At first glance they don’t look cheap compared to a similar sized petrol model. You need to consider the level of specification (because they are more luxurious) in the EV model and reduced running costs when doing the numbers.

ELECTRIC VEHICLESCharging ahead with a novated lease



CHOOSE US FOR YOUR FLEET REQUIREMENTS BECAUSE WE ARE...FOR SERVICEBob Jane T-Marts staff are highly trained and recognised industry specialists in providing friendly, professional advice with a commitment to customer service and client satisfaction.

FOR PRICINGNational Fleet Pricing is contracted with your fleet management organisation to ensure all products and services are invoiced according to the agreed discounted pricing structure. Our group buying power delivers highly competitive Fleet tyre prices across all the leading brands.

FOR BRANDSWe source and sell quality tyres, wheels and batteries from leading global brands, for Australian motorists and Australian driving conditions.

FOR COVERAGEWith an ever-expanding network of Bob Jane T-Marts stores nationally, we are well placed to service the needs of your Fleet’s tyre replacement policy.

& many more brands

www.bobjane.com.au

REPORTING✔ Invoices provide point of purchase, product

descriptions, odometer readings, vehicle registration, vehicle make/model and order numbers

✔ Customised reporting to suit your business requirements

✔ National consolidated billing account with 30-day payment terms

✔ Work performed to your specific Fleet replacement policy

✔ Unique Account Management service

For more info contact 1300 535 338 or [email protected]

BT1088 Fleet Ad 210x297.indd 1 9/1/19 10:55 am

ADVENTURE

FAMILY

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SMALL

SUV MEDIUM

SUV LARGE

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LIFESTYLE CHOICE

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Cloud based fleet softwareCatch-e is adaptable and a�ordable fleet software. Discover how it can

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Salary sacrifice quotations

Full leasing life cycle management

Finance interfaces

Fuel and maintenance interfaces

ATO compliant FBT reporting

Driver portal

Online claims for reimbursements

ISO 27001 compliant

CHOOSE US FOR YOUR FLEET REQUIREMENTS BECAUSE WE ARE...FOR SERVICEBob Jane T-Marts staff are highly trained and recognised industry specialists in providing friendly, professional advice with a commitment to customer service and client satisfaction.

FOR PRICINGNational Fleet Pricing is contracted with your fleet management organisation to ensure all products and services are invoiced according to the agreed discounted pricing structure. Our group buying power delivers highly competitive Fleet tyre prices across all the leading brands.

FOR BRANDSWe source and sell quality tyres, wheels and batteries from leading global brands, for Australian motorists and Australian driving conditions.

FOR COVERAGEWith an ever-expanding network of Bob Jane T-Marts stores nationally, we are well placed to service the needs of your Fleet’s tyre replacement policy.

& many more brands

www.bobjane.com.au

REPORTING✔ Invoices provide point of purchase, product

descriptions, odometer readings, vehicle registration, vehicle make/model and order numbers

✔ Customised reporting to suit your business requirements

✔ National consolidated billing account with 30-day payment terms

✔ Work performed to your specific Fleet replacement policy

✔ Unique Account Management service

For more info contact 1300 535 338 or [email protected]

BT1088 Fleet Ad 210x297.indd 1 9/1/19 10:55 am



Q. Why is it called a novated lease?

A. This is because of the special three way agreement between the employer, employee and leasing company. The document used to formalise this agreement is called a novation agreement.

A novation agreement is a common legal document used when assigning responsibilities (i.e. payment of your lease by your employer to the leasing company) to a third party.

Q. What’s the difference between Recommended Retail Price (RRP) and on-road cost?

A. RRP retail is the manufacturer’s listed price for the vehicle only. The on-road cost includes registration fees, purchase stamp duty and dealer delivery costs.

Q. Can I get a novated lease on a used or demonstrator vehicle?

A. Yes. Each leasing company has different restrictions on the age of used vehicles that can be financed so you need to check first. But if you’re buying a young, low kilometre

car there should be no issues. You could also lease the vehicle currently parked in your driveway.

There are plenty of other questions to be answered and that’s where a specialist can help. Contact one of the advertisers in this guide, or your organisation’s preferred provider.

Q. Where do the annual savings come from?

A. The savings come from a reduction in the initial purchase price through buying power and from not paying GST. There are also savings in fuel, maintenance and tyres (once again not paying the GST). And the last component of the savings comes by using pre-tax salary.

Q. Why is there a difference between on-road cost and the amount financed?

A. The on-road cost is what you would pay when buying the vehicle yourself. The amount financed is the total on-road vehicle cost with a novated lease.

It’s lower because there is no GST and some vehicle manufacturers

recognise novated buyers as a fleet buyer. So they provide extra discounts that may not be available to a retail buyer. The leasing companies also negotiate lower dealer delivery charges and extra discounts.

Q. Do you have to drive high kilometres to benefit from a novated lease?

A. No. Even employees driving less than 7,000 kilometres per annum can benefit.

Q. What happens if I change employers?

A. Here are some of the options if you leave your current employer but you should also check with your current provider.

1 Organise a new novated lease with your new employer through their preferred provider.

2 Continue to pay your lease payments and all running costs to the leasing company until the end of the lease.

3 Pay out the lease by selling or purchasing the vehicle.

QUESTIONS & ANSWERS

Fleet Auto News PodcastsListen to key fleet industry insights on the go



EXPIRING LEASEWhat happens at the end of the lease?

This is a good question to ask. Many first timers don’t think about, or understand, what happens when their novated lease ends. You need to pay out the residual value and it can be a shock if you’re not prepared.

The key feature of a novated lease that makes them so affordable is the amount you finance. You are not financing the full purchase price of the car. You are financing the difference between the purchase price and what the car is worth at the end of the lease which is referred to as the residual value.

Depending on the car you pick, the lease term and kilometres travelled, the used value of your car will be higher, or lower, than the residual value.

To avoid nasty surprises at the end of the lease you should ask the leasing company to help you ‘forecast’ what your car will be worth at the end when the residual payment is due.

THE PROCESS AT THE END OF THE LEASE IS SIMPLE

The process at the end of the lease is simple and you usually have three options:

1 Sell the car and pay out the residual value.

2 Pay out the residual value and keep the car.

3 Trade-in the car for a new one and get another novated lease.

Option one and three require you to maximise the sale price to reduce your out-of-pocket expenses. This means selling the car to a retail buyer which can be a hassle.

Selling the car to a dealer or wholesaler is the easiest option though you are paying for the convenience. The price they offer will be approximately $2,000 to $5,000 less than the retail market value.

An alternative is to use one of the specialised fleet auction companies that have products to help you maximise the price of your used novated lease vehicle. They can guarantee you a minimum sale price and then offer your car to retail buyers to maximise the sale price. Ask your leasing company to find out more.



EXPLANATION OF HEADINGSMakeThe manufacturer of the vehicle.

ModelThe model of the vehicle.

VariantThe vehicle specification within the model range.

Body TypeDescribes the shape of the car.

Fuel TypeThe fuel used to power the vehicle.

TransmissionHow you change the gears. It’s not just manual or automatic anymore.

PerformanceEngine power output.

Recommended Retail PriceThe manufacturer's Recommended Retail Price.

On Road CostThe total cost to get the vehicle on the road in NSW including registration, stamp duty and dealer delivery. Also known as driveaway price.

Amount Financed (Novated Lease)This is the amount you will borrow from the leasing company in your lease.

Residual ValueThe amount that you will need to pay at the end of the lease term.

Monthly Rental including running costs This is the monthly amount that you would pay with a novated lease. It includes the finance component and a budget for all the vehicle’s running costs. i.e. fuel, maintenance, tyres, insurance.

Estimated Annual Savings After TaxThis is the estimated financial benefit of a novated lease compared to owning and financing the car yourself from post-tax salary.

Find out how, visit bit.ly/mpnovlease or ask your Novated Consultant today.

E N H A N C E T H E L O O K O F Y O U R N E W C A R .S P R E A D T H E CO ST O F YO U R P L AT E AC R O S S T H E T E R M O F YO U R N OVAT E D L E A S E .

Package a better

into yourlease.

a better

into your


https://bit.ly/mpnovlease


4x4 UTE†

MakeModelVariantBody typeFuel typeTransmissionPerformanceRecommended retail priceOn road costAmount financedResidual valueMonthly rentalAnnual savings after tax*

4x4 UTE†


4x4 UTE†


FordRangerWildtrakDouble CabDieselAuto157kW$63,990 $67,342 $62,107 $27,948 $1,634 $3,218

HSVColoradoSportscat VCrew CabDieselAuto147kW$64,690 $68,077 $62,842 $28,279 $1,685 $3,438

Mercedes-BenzX-Class350d ProgressiveDual CabDieselAuto190kW$73,279 $77,096 $71,861 $32,337 $1,873 $3,744

NissanNavaraRXDual CabDieselAuto120kW$43,450 $45,807 $41,857 $18,835 $1,239 $2,775

HoldenColoradoLTZCrew CabDieselManual147kW$50,490 $53,167 $48,577 $21,859 $1,389 $3,004

Mercedes-BenzX-Class250d PowerDual CabDieselManual140kW$61,600 $64,832 $59,597 $26,818 $1,603 $3,251

NissanNavaraN-Trek Special EditionDual CabDieselAuto140kW$58,950 $62,052 $56,817 $25,567 $1,531 $3,076

HoldenColoradoZ71Crew CabDieselAuto147kW$69,990 $73,642 $68,407 $30,783 $1,794 $3,587

MazdaBT-50XTRDual CabDieselAuto147kW$52,950 $55,752 $50,938 $22,922 $1,472 $3,251

MitsubishiTritonGLXDouble CabDieselManual133kW$36,240 $38,381 $35,086 $15,788 $1,110 $2,666

IsuzuD-MaxSXCrew CabDieselManual130kW$44,600 $46,990 $42,935 $19,320 $1,279 $2,894

MitsubishiTritonGLSDouble CabDieselAuto133kW$47,640 $50,177 $45,846 $20,630 $1,355 $3,051

Data supplied by 2020 Novated Leasing Guide 21

4x4 UTE†


ELECTRIC


LARGE


ToyotaHiluxRuggedDouble CabDieselManual130kW$55,865 $58,812 $53,733 $24,180 $1,489 $3,105

TeslaModel 3

SedanElectricAuto150kW$67,900 $71,447 $66,212 $29,795 $1,582 $2,627

SkodaSuperb206 TSI SportlineWagonPetrolAuto206kW$61,690 $64,927 $59,692 $26,861 $1,587 $3,153

ToyotaHiluxSRDouble CabDieselAuto130kW$49,515 $52,147 $47,645 $21,440 $1,371 $2,986

HyundaiKonaEliteSUVElectricAuto150kW$59,990 $63,142 $57,907 $26,058 $1,421 $2,404

KiaStinger200SSedanPetrolAuto182kW$47,190 $49,702 $45,412 $20,435 $1,346 $3,042

ToyotaHiluxRugged XDouble CabDieselAuto130kW$64,490 $67,867 $62,632 $28,184 $1,663 $3,332

HyundaiIONIQEliteHatchbackElectricAuto88kW$44,990 $47,392 $43,302 $19,485 $1,136 $2,100

GenesisG702.0TSedanPetrolAuto179kW$59,300 $62,417 $57,182 $25,732 $1,575 $3,286

NissanNavaraSLDual CabDieselAuto140kW$47,100 $49,607 $45,325 $20,396 $1,307 $2,840

BMWi3120AhHatchbackElectricAuto125kW$68,700 $72,287 $67,052 $30,173 $1,599 $2,650

CitroenC5Aircross FeelWagonPetrolAuto121kW$39,990 $42,242 $38,606 $17,372 $1,178 $2,729

Data supplied by2020 Novated Leasing Guide22

LIGHT


LIGHT


LIGHT


VolkswagenPoloTSI TrendlineHatchbackPetrolManual70kW$18,790$20,406$18,697$8,414$736$2,082

ToyotaYarisAscentHatchbackPetrolManual63kW$15,390 $16,904 $15,504 $6,977 $674 $2,025

ToyotaYarisSXHatchbackPetrolAuto80kW$19,610 $21,253 $19,470 $8,761 $768 $2,189

ToyotaPriusi-TechHatchbackHybridCVT73kW$44,050 $46,425 $42,420 $19,089 $1,175 $2,385

ToyotaPrius

HatchbackHybridCVT73kW$36,590 $38,740 $35,413 $15,936 $1,022 $2,171

RenaultClioLifeHatchbackPetrolManual66kW$16,990 $18,552 $17,007 $7,653 $684 $1,952

MazdaMazda 2GenkiHatchbackPetrolManual81kW$21,390 $23,084 $21,139 $9,512 $782 $2,118

MazdaMazda 2NeoSedanPetrolManual79kW$15,570 $17,090 $15,674 $7,053 $658 $1,928

KiaRioGT-LineHatchbackPetrolAuto84kW$23,090 $24,835 $22,735 $10,231 $813 $2,146

KiaRioSportHatchbackPetrolManual74kW$17,790 $19,376 $17,758 $7,991 $718 $2,065

HondaJazzVTiHatchbackPetrolManual88kW$14,990 $16,492 $15,129 $6,808 $666 $2,018

AudiA11.8 TFSIHatchbackPetrolAuto141kW$40,800 $43,076 $39,366 $17,715 $1,156 $2,542


LUXURY‡


LUXURY‡


LUXURY‡


BMWX3Sdrive 20iSUVPetrolAuto135kW$66,900 $70,397 $65,162 $29,323 $1,693 $3,300

BMWM2Competition PureCoupePetrolManual302kW$99,900 $105,047 $99,812 $44,915 $2,398 $4,395

BMW4440iCoupePetrolManual240kW$99,900 $105,047 $99,812 $44,915 $2,379 $4,295

BMW3330iSedanPetrolAuto190kW$70,900 $74,597 $69,362 $31,213 $1,768 $3,376

AudiSQ53.0 TFSISUVPetrolAuto260kW$99,900 $105,047 $99,812 $44,915 $2,417 $4,495

AudiRS52.9 TFSISportbackPetrolAuto331kW$157,700 $165,737 $160,502 $72,226 $3,598 $6,126

AudiRS4Avant 2.9 TFSIWagonPetrolAuto331kW$152,529 $160,311 $155,076 $69,784 $3,492 $5,981

AudiRS Q32.5 TFSISUVPetrolAuto250kW$84,911 $89,313 $84,078 $37,835 $2,111 $4,072

AudiR8

CoupePetrolAuto397kW$367,000 $385,502 $380,267 $171,120 $7,913 $12,233

AudiQ73.0 TDISUVDieselAuto160kW$97,800 $102,842 $97,607 $43,923 $2,318 $4,135

AlpineA110

CoupePetrolAuto185kW$106,500 $111,977 $106,742 $48,034 $2,495 $4,381

Alfa RomeoStelvio

SUVPetrolAuto148kW$65,900 $69,347 $64,112 $28,850 $1,673 $3,272


LUXURY‡


LUXURY‡


LUXURY‡


JeepGrand CherokeeSummit (4X4)SUVDieselAuto184kW$84,450 $88,827 $83,592 $37,616 $2,064 $3,859

JaguarI-PaceEV400 HSE AWDSUVElectricAuto294kW$140,800 $147,992 $142,757 $64,240 $3,084 $4,748

JaguarF-PaceSVR (AWD)SUVPetrolAuto405kW$140,262 $147,429 $142,194 $63,987 $3,298 $5,935

HoldenAcadiaLTZ-V (AWD)SUVPetrolAuto231kW$67,490 $71,017 $65,782 $29,602 $1,743 $3,517

GenesisG803.8 UltimateSedanPetrolAuto232kW$92,900 $97,697 $92,462 $41,608 $2,311 $4,498

FordMustangBullittCoupePetrolManual345kW$73,688 $77,525 $72,290 $32,530 $1,937 $4,056

FordMustangGT 5.0 V8ConvertiblePetrolAuto339kW$74,709 $78,601 $73,366 $33,014 $1,977 $4,185

FordEverestTitanium (4WD 7 Seat)SUVDieselAuto157kW$73,990 $77,842 $72,607 $32,673 $1,850 $3,564

FordEnduraTitanium (AWD)SUVDieselAuto140kW$67,990 $71,542 $66,307 $29,838 $1,715 $3,331

ChevroletCamaro2SSCoupePetrolAuto339kW$85,990 $90,442 $85,207 $38,343 $2,189 $4,403

BMWX5Xdrive 30D XlineSUVDieselAuto195kW$112,990 $118,792 $113,557 $51,100 $2,647 $4,664

BMWX4Xdrive 20I M SportCoupePetrolAuto135kW$76,900 $80,897 $75,662 $34,048 $1,928 $3,746


LUXURY‡


LUXURY‡


LUXURY‡


Mercedes-BenzGLE350 DCoupeDieselAuto190kW$126,329 $132,801 $127,566 $57,404 $2,919 $5,041

Mercedes-AMGC63 SSedanPetrolAuto375kW$157,211 $165,228 $159,993 $71,997 $3,588 $6,113

Mercedes-AMGA35

SedanPetrolAuto225kW$69,800 $73,442 $68,207 $30,693 $1,771 $3,482

MazdaCX-9Azami Le (AWD)SUVPetrolAuto170kW$68,523 $72,105 $66,870 $30,091 $1,764 $3,546

LexusRX450hLuxurySUVHybridCVT193kW$91,090 $95,797 $90,562 $40,753 $2,180 $3,946

LexusRX300LuxurySUVPetrolAuto175kW$71,920 $75,672 $70,437 $31,696 $1,826 $3,606

LexusLC500V8CoupePetrolAuto351kW$189,642 $199,279 $194,044 $87,319 $4,307 $7,328

LexusES300hF SportSedanHybridCVT131kW$73,755 $77,597 $72,362 $32,563 $1,808 $3,357

Land RoverRange Rover EvoqueD150 SSUVDieselAuto110kW$64,640 $68,027 $62,792 $28,256 $1,628 $3,136

Land RoverRange RoverSDV8 SWBSUVDieselAuto250kW$261,668 $274,905 $269,670 $121,351 $5,723 $9,061

Land RoverDiscovery SportD240 R-Dynamic HSESUVDieselAuto177kW$82,900 $87,197 $81,962 $36,883 $2,032 $3,815

Land RoverDiscoverySDV6 HSESUVDieselAuto255kW$112,049 $117,806 $112,571 $50,657 $2,646 $4,738


LUXURY‡


LUXURY‡


LUXURY‡


ToyotaSupraGTSCoupePetrolAuto250kW$94,900 $99,797 $94,562 $42,553 $2,296 $4,254

ToyotaLandcruiserPrado VX (4X4)SUVDieselAuto130kW$73,619 $77,456 $72,221 $32,499 $1,861 $3,654

ToyotaLandcruiserPrado Kakadu (4X4)SUVDieselAuto130kW$84,119 $88,481 $83,246 $37,460 $2,076 $3,950

ToyotaLandcruiserLC200 Sahara (4X4)SUVDieselAuto200kW$119,972 $126,124 $120,889 $54,400 $2,846 $5,162

ToyotaLandcruiserLC200 GX (4X4)SUVDieselAuto200kW$77,832 $81,879 $76,644 $34,489 $1,985 $3,973

TeslaModel X75DSUVElectricAuto245kW$126,300 $132,767 $127,532 $57,389 $2,788 $4,339

TeslaModel S75DSedanElectricAuto245kW$117,900 $123,947 $118,712 $53,420 $2,616 $4,102

PorschePanamera4 E-HybridCoupeHybridAuto243kW$248,500 $261,077 $255,842 $115,129 $5,322 $7,988

PorscheMacanGTSSUVPetrolAuto265kW$113,300 $119,117 $113,882 $51,247 $2,691 $4,873

PorscheCayenneE-HybridSUVHybridAuto340kW$135,600 $142,532 $137,297 $61,783 $3,034 $4,902

Porsche911TurboCoupePetrolAuto397kW$390,000 $409,652 $404,417 $181,987 $8,345 $12,682

NissanGT-RPremiumCoupePetrolAuto419kW$193,800 $203,642 $198,407 $89,283 $4,392 $7,445


LUXURY‡


MEDIUM


MICRO


MitsubishiMirageLSHatchbackPetrolCVT57kW$16,490 $18,037 $16,537 $7,442 $675 $1,943

MitsubishiMirageESHatchbackPetrolManual57kW$13,990 $15,462 $14,190 $6,385 $629 $1,902

KiaPicantoGT-LineHatchbackPetrolManual62kW$15,690$17,213$15,786$7,103$680$2,031

Fiat500LoungeConvertiblePetrolManual51kW$23,990$25,762$23,581$10,611$849$2,262

ToyotaCamryAscent SportSedanHybridCVT133kW$32,090 $34,105 $31,187 $14,034 $959 $2,196

MazdaMazda 6TouringSedanPetrolAuto140kW$38,690 $40,903 $37,385 $16,823 $1,136 $2,607

MazdaMazda 6SportWagonPetrolAuto140kW$35,790$37,916$34,662$15,598$1,083$2,559

HyundaiSonataPremiumSedanPetrolAuto180kW$45,490 $47,917 $43,781 $19,701 $1,296 $2,910

VolvoXC90D5 Momentum (AWD)SUVDieselAuto173kW$94,990 $99,892 $94,657 $42,595 $2,260 $4,056

VolvoXC60T5 Momentum (AWD)SUVPetrolAuto187kW$64,990 $68,392 $63,157 $28,420 $1,673 $3,346

VolkswagenTouaregV6 TDISUVDieselAuto180kW$85,490 $89,917 $84,682 $38,107 $2,085 $3,888

VolkswagenArteonTSI R-LineLiftbackPetrolAuto206kW$67,490 $71,017 $65,782 $29,602 $1,724 $3,417


PEOPLE MOVER


SMALL


SMALL


HyundaiElantraActiveSedanPetrolAuto112kW$27,690 $29,573 $27,055 $12,175 $935 $2,423

HondaCivicVTiSedanPetrolCVT104kW$22,390 $24,114 $22,078 $9,935 $819 $2,235

FordFocusST-LineHatchbackPetrolAuto134kW$28,990$30,912$28,276$12,724$940$2,345

CitroenC3Shine 1.2 Pure TechHatchbackPetrolAuto82kW$26,990$28,852$26,398$11,879$904$2,312

CitroenC3Aircross ShineWagonPetrolAuto82kW$32,990 $35,032 $32,032 $14,414 $1,032 $2,512

BMW2220i Luxury LineCoupePetrolAuto135kW$54,900 $57,797 $52,806 $23,762 $1,434 $2,886

BMW1120i Urban LineHatchbackPetrolAuto135kW$46,990 $49,492 $45,220 $20,349 $1,286 $2,738

AudiA32.0 TFSIHatchbackPetrolAuto140kW$50,000 $52,652 $48,106 $21,647 $1,342 $2,795

ToyotaGranviaStandard (6 Seats)WagonDieselAuto130kW$62,990 $66,292 $61,057 $27,475 $1,632 $3,290

KiaCarnivalPlatinumWagonPetrolAuto206kW$60,790 $63,982 $58,747 $26,436 $1,643 $3,528

HyundaiiMaxEliteWagonDieselAuto125kW$48,490 $51,067 $46,658 $20,996 $1,370 $3,067

HyundaiiMaxActiveWagonDieselAuto125kW$43,990 $46,362 $42,362 $19,063 $1,287 $2,984


SMALL


SMALL


SMALL


MazdaMazda 3AstinaHatchbackPetrolManual139kW$37,240 $39,411 $36,025 $16,211 $1,091 $2,483

MazdaMazda 3GTHatchbackPetrolAuto139kW$34,740 $36,836 $33,677 $15,155 $1,064 $2,541

LexusCT 200hSports LuxuryHatchbackHybridCVT73kW$56,900 $59,897 $54,724 $24,625 $1,434 $2,724

KiaCeratoGTHatchbackPetrolAuto150kW$32,990 $35,032 $32,032 $14,414 $1,032 $2,512

KiaCeratoSiSedanPetrolAuto112kW$24,290 $26,071 $23,862 $10,738 $873 $2,367

KiaCeratoSSedanPetrolAuto112kW$23,790 $25,556 $23,393 $10,526 $863 $2,358

HyundaiIONIQPremiumHatchbackHybridAuto77kW$45,490 $47,917 $43,781 $19,701 $1,164 $2,209

Hyundaii30N LineHatchbackPetrolAuto150kW$29,490 $31,427 $28,746 $12,935 $968 $2,453

Hyundaii30Active 1.6 CRDIHatchbackDieselAuto100kW$26,090 $27,925 $25,553 $11,498 $868 $2,196

Hyundaii30GoHatchbackPetrolManual120kW$19,990 $21,642 $19,824 $8,921 $794 $2,295

Hyundaii30ActiveHatchbackPetrolManual120kW$21,090 $22,775 $20,857 $9,385 $814 $2,313

HyundaiElantraGoSedanPetrolManual112kW$21,490 $23,187 $21,233 $9,555 $821 $2,320


SMALL


SMALL


SMALL


VolkswagenGolfTSI HighlineWagonPetrolAuto110kW$35,490 $37,607 $34,380 $15,471 $1,059 $2,454

VolkswagenGolfTSI TrendlineHatchbackPetrolManual110kW$24,990 $26,792 $24,520 $11,034 $867 $2,278

VolkswagenGolfAlltrack TSIWagonPetrolAuto132kW$35,750 $37,876 $34,626 $15,581 $1,082 $2,558

ToyotaPrius C

HatchbackHybridCVT54kW$24,040 $25,815 $23,629 $10,633 $812 $2,062

ToyotaPrius Vi-TechWagonHybridCVT73kW$45,380 $47,802 $43,676 $19,654 $1,219 $2,508

ToyotaPrius V

WagonHybridCVT73kW$35,400 $37,514 $34,295 $15,433 $1,019 $2,252

ToyotaCorollaZRHatchbackHybridCVT72kW$33,635 $35,698 $32,640 $14,688 $987 $2,222

ToyotaCorollaSXSedanPetrolManual103kW$23,820 $25,589 $23,423 $10,540 $864 $2,359

SubaruImpreza2.0i-S (AWD)SedanPetrolCVT115kW$30,510 $32,480 $29,706 $13,367 $986 $2,471

RenaultMeganeGTHatchbackPetrolAuto151kW$38,990 $41,212 $37,667 $16,950 $1,123 $2,512

Mercedes-BenzA200

HatchbackPetrolAuto120kW$47,200 $49,712 $45,421 $20,439 $1,290 $2,742

MazdaMazda 3EvolveHatchbackPetrolManual139kW$29,740 $31,686 $28,982 $13,042 $954 $2,358


SPORTS


SPORTS


SPORTS


VolkswagenPoloGTiHatchbackPetrolAuto147kW$31,990 $34,002 $31,093 $13,992 $995 $2,395

VolkswagenGolfGTiHatchbackPetrolAuto180kW$46,190 $48,652 $44,452 $20,003 $1,271 $2,723

Toyota86GTCoupePetrolManual152kW$31,440 $33,437 $30,578 $13,760 $1,022 $2,586

SubaruWRXPremium (AWD)SedanPetrolManual197kW$46,890 $49,387 $45,124 $20,305 $1,340 $3,037

SubaruLevorg2.0 STi Sport (AWD)WagonPetrolCVT197kW$53,240 $56,057 $51,217 $23,047 $1,459 $3,156

RenaultMeganeR.S. SportHatchbackPetrolAuto205kW$50,490 $53,167 $48,577 $21,859 $1,389 $3,004

MazdaMX-5RoadsterConvertiblePetrolManual97kW$35,390 $37,504 $34,286 $15,429 $1,057 $2,452

HyundaiVelosterTurbo PremiumCoupePetrolAuto150kW$41,990 $44,302 $40,484 $18,218 $1,196 $2,662

Hyundaii30N PerformanceHatchbackPetrolManual202kW$45,490 $47,917 $43,781 $19,701 $1,296 $2,910

HondaCivicType RHatchbackPetrolManual228kW$50,990 $53,692 $49,056 $22,075 $1,417 $3,114

FordMustangGT 5.0 V8CoupePetrolManual339kW$62,990 $66,292 $61,057 $27,475 $1,726 $3,790

BMW1M140iHatchbackPetrolManual250kW$59,990 $63,142 $57,907 $26,058 $1,552 $3,105


SUV LARGE


SUV LARGE


SUV LARGE


MazdaCX-9Sport (FWD)SUVPetrolAuto170kW$46,420 $48,897 $44,677 $20,104 $1,313 $2,928

MazdaCX-8Asaki (AWD)SUVDieselAuto140kW$63,090 $66,397 $61,162 $27,523 $1,596 $3,092

KiaSorentoSi (4X4)SUVDieselAuto147kW$45,490 $47,917 $43,781 $19,701 $1,277 $2,810

HyundaiSanta FeElite CRDi (AWD)SUVDieselAuto147kW$54,000 $56,852 $51,942 $23,374 $1,454 $3,070

HyundaiSanta FeActive (AWD)SUVPetrolAuto138kW$43,000 $45,342 $41,432 $18,644 $1,269 $2,968

HoldenTrailblazerLTZ (4X4)SUVDieselAuto147kW$52,490 $55,267 $50,495 $22,722 $1,445 $3,142

HoldenTrailblazerLT (4X4)SUVDieselAuto147kW$47,990 $50,542 $46,179 $20,780 $1,361 $3,057

HoldenAcadiaLTZ-V (2WD)SUVPetrolAuto231kW$63,490 $66,817 $61,582 $27,712 $1,661 $3,404

HoldenAcadiaLTZ (AWD)SUVPetrolAuto231kW$57,490 $60,517 $55,290 $24,880 $1,538 $3,236

HoldenAcadiaLT (AWD)SUVPetrolAuto231kW$47,990 $50,542 $46,179 $20,780 $1,361 $3,057

FordEverestTrend (4WD 7 Seat)SUVDieselAuto143kW$59,990 $63,142 $57,907 $26,058 $1,571 $3,205

FordEnduraTrend (FWD)SUVDieselAuto140kW$44,990 $47,392 $43,302 $19,485 $1,268 $2,801


SUV LARGE


SUV LARGE


SUV LARGE


ToyotaLandcruiserPrado GX (4X4)SUVDieselManual130kW$53,490 $56,317 $51,454 $23,154 $1,445 $3,060

ToyotaLandcruiserPrado GXL (4X4)SUVDieselAuto130kW$62,990 $66,292 $61,057 $27,475 $1,632 $3,290

ToyotaKlugerGX (4X2)SUVPetrolAuto218kW$44,850 $47,249 $43,171 $19,427 $1,302 $2,999

ToyotaKlugerGrande (4X4)SUVPetrolAuto218kW$69,246 $72,863 $67,628 $30,432 $1,797 $3,667

ToyotaFortunerGXLSUVDieselAuto130kW$49,490 $52,117 $47,617 $21,428 $1,389 $3,085

ToyotaFortunerGXSUVDieselAuto130kW$44,590 $46,980 $42,926 $19,316 $1,298 $2,994

SubaruOutback3.6RSUVPetrolCVT191kW$50,440 $53,117 $48,531 $21,839 $1,426 $3,204

SkodaKodiaqTSI Sportline (4X4)SUVPetrolAuto132kW$51,490 $54,217 $49,536 $22,291 $1,408 $3,023

NissanPathfinderTI (2WD)SUVPetrolCVT202kW$62,890 $66,187 $60,952 $27,428 $1,667 $3,487

NissanPathfinderST-L (4WD)SUVHybridCVT188kW$61,390 $64,612 $59,377 $26,719 $1,618 $3,345

MitsubishiPajero SportGLX (4X4) 5 SeatSUVDieselAuto133kW$46,490 $48,967 $44,740 $20,133 $1,314 $2,929

MitsubishiPajero SportExceed (4X4) 7 SeatSUVDieselAuto133kW$54,490 $57,367 $52,413 $23,586 $1,464 $3,079


SUV MEDIUM


SUV MEDIUM


SUV MEDIUM


Land RoverDiscovery SportD150 SSUVDieselAuto110kW$62,450 $65,727 $60,492 $27,221 $1,583 $3,075

KiaSportageS (AWD)SUVDieselAuto136kW$35,590 $37,710 $34,474 $15,513 $1,060 $2,455

KiaSportageS (FWD)SUVPetrolManual114kW$28,190 $30,088 $27,525 $12,386 $963 $2,532

HyundaiTucsonHighlander (AWD)SUVPetrolAuto136kW$49,095 $51,702 $47,238 $21,257 $1,325 $2,778

HyundaiTucsonElite (AWD)SUVPetrolAuto130kW$40,850 $43,129 $39,415 $17,736 $1,194 $2,743

HyundaiTucsonActive (2WD)SUVPetrolManual122kW$29,290 $31,221 $28,558 $12,851 $983 $2,550

HondaCR-VVTi-LX (AWD)SUVPetrolCVT140kW$44,290 $46,671 $42,644 $19,190 $1,255 $2,789

HondaCR-VVTi (2WD)WagonPetrolCVT140kW$30,690$32,663$29,873$13,442$971$2,374

HoldenEquinoxLTZ-V (AWD)SUVPetrolAuto188kW$46,290 $48,757 $44,548 $20,046 $1,311 $2,925

HoldenEquinoxLS (FWD)SUVPetrolAuto127kW$29,990 $31,942 $29,215 $13,147 $977 $2,462

FordEscapeTrend (FWD)SUVPetrolAuto134kW$33,490 $35,547 $32,502 $14,626 $1,041 $2,520

FordEscapeAmbiente (AWD)SUVPetrolAuto134kW$33,490 $35,547 $32,502 $14,626 $1,060 $2,620


SUV MEDIUM


SUV MEDIUM


SUV MEDIUM


RenaultKoleosIntens X-Tronic (4X4)SUVDieselCVT130kW$47,990 $50,542 $46,179 $20,780 $1,305 $2,757

NissanX-TrailTi (4WD)SUVPetrolCVT126kW$44,790 $47,186 $43,114 $19,401 $1,283 $2,897

NissanX-TrailST-L (4WD)SUVPetrolCVT126kW$39,200 $41,428 $37,864 $17,038 $1,164 $2,716

NissanX-TrailST (4WD)SUVPetrolCVT126kW$32,990 $35,032 $32,032 $14,414 $1,050 $2,612

MitsubishiOutlanderES 7 Seat (AWD)SUVPetrolCVT124kW$34,290 $36,371 $33,253 $14,964 $1,055 $2,534

MitsubishiOutlanderLS 7 Seat (AWD)SUVDieselAuto110kW$40,290 $42,551 $38,888 $17,499 $1,146 $2,534

MitsubishiOutlanderExceed 7 Seat (AWD)SUVDieselAuto110kW$46,790 $49,282 $45,028 $20,262 $1,282 $2,734

MitsubishiOutlanderES 5 Seat (2WD)SUVPetrolManual110kW$29,490 $31,427 $28,746 $12,935 $968 $2,453

Mercedes-BenzGLC200SUVPetrolAuto135kW$62,300 $65,567 $60,332 $27,149 $1,599 $3,170

MazdaCX-5Maxx (4X4)SUVPetrolAuto140kW$35,880 $38,009 $34,747 $15,636 $1,084 $2,560

MazdaCX-5Akera (4X4)SUVDieselAuto140kW$51,130 $53,842 $49,193 $22,137 $1,363 $2,816

LexusNX300Luxury (AWD)SUVPetrolAuto175kW$59,900 $63,047 $57,812 $26,015 $1,569 $3,203


SUV MEDIUM


SUV SMALL


SUV SMALL


HondaHR-VVTiSUVPetrolCVT105kW$24,990 $26,792 $24,520 $11,034 $885 $2,378

HoldenTraxLTZSUVPetrolAuto103kW$30,490 $32,457 $29,685 $13,358 $986 $2,470

HoldenTraxLTSUVPetrolAuto103kW$28,890 $30,809 $28,182 $12,682 $957 $2,443

FordEcosportTitaniumSUVPetrolAuto92kW$28,990 $30,912 $28,276 $12,724 $959 $2,445

FordEcosportAmbienteSUVPetrolAuto90kW$22,790 $24,526 $22,454 $10,104 $845 $2,342

BMWX2xDrive 20d M SportSUVDieselAuto140kW$59,900 $63,047 $57,812 $26,015 $1,512 $2,902

BMWX1xDrive 25i M SportSUVPetrolAuto170kW$64,020 $67,377 $62,142 $27,964 $1,634 $3,219

AudiQ32.0 TDI SportSUVDieselAuto135kW$58,000 $61,052 $55,817 $25,117 $1,474 $2,849

VolkswagenTiguanAllspace TSI HighlineSUVPetrolAuto162kW$51,650 $54,387 $49,691 $22,361 $1,411 $3,026

VolkswagenTiguanTSI TrendlineSUVPetrolAuto110kW$34,150 $36,228 $33,123 $14,905 $1,053 $2,531

ToyotaRAV 4Cruiser AWDSUVHybridCVT131kW$44,640 $47,033 $42,974 $19,338 $1,224 $2,595

ToyotaRAV 4GX (2WD)SUVPetrolManual127kW$29,640 $31,583 $28,888 $12,999 $970 $2,456


SUV SMALL


SUV SMALL


SUV SMALL


Mercedes-BenzGLA180SUVPetrolAuto90kW$44,700 $47,093 $43,029 $19,363 $1,243 $2,696

MazdaCX-3Neo Sport (FWD)SUVPetrolManual110kW$22,710 $24,446 $22,381 $10,071 $844 $2,341

MazdaCX-3S Touring (AWD)SUVDieselAuto85kW$35,240 $37,351 $34,147 $15,366 $1,035 $2,349

MazdaCX-3Akari LE (AWD)SUVPetrolAuto110kW$38,450 $40,657 $37,161 $16,722 $1,131 $2,603

JeepCompassTrailhawk (4X4 Low)SUVDieselAuto125kW$44,750 $47,146 $43,077 $19,385 $1,244 $2,697

HyundaiVenueGoSUVPetrolManual90kW$19,990 $21,642 $19,824 $8,921 $794 $2,295

HyundaiVenueActiveSUVPetrolManual90kW$21,490 $23,187 $21,233 $9,555 $821 $2,320

HyundaiVenueEliteSUVPetrolAuto90kW$25,490 $27,307 $24,989 $11,245 $895 $2,387

HyundaiKonaHighlander (AWD)SUVPetrolAuto130kW$39,500 $41,737 $38,146 $17,165 $1,151 $2,621

HyundaiKonaElite (AWD)SUVPetrolAuto130kW$33,500 $35,557 $32,511 $14,630 $1,041 $2,520

HyundaiKonaGo (FWD)SUVPetrolAuto110kW$24,000 $25,772 $23,590 $10,615 $867 $2,362

HondaHR-VVTi-SSUVPetrolCVT105kW$27,990 $29,882 $27,337 $12,301 $940 $2,428


SUV SMALL


SUV SMALL


SUV SMALL


VolvoXC40T4 Inscription (AWD)SUVPetrolAuto140kW$51,990 $54,742 $50,015 $22,507 $1,398 $2,932

ToyotaC-HRKoba (2WD)SUVPetrolCVT85kW$33,290 $35,341 $32,314 $14,541 $1,018 $2,417

ToyotaC-HR(AWD)SUVPetrolCVT85kW$30,990 $32,972 $30,154 $13,569 $976 $2,378

ToyotaC-HR(2WD)SUVPetrolManual85kW$26,990 $28,852 $26,398 $11,879 $884 $2,211

SuzukiVitaraWagon

PetrolAuto86kW$24,490$26,277$24,050$10,822$858$2,270

SubaruXV2.0i-SSUVPetrolCVT115kW$36,530 $38,680 $35,359 $15,911 $1,096 $2,571

RenaultCapturIntensSUVPetrolAuto110kW$29,990 $31,942 $29,215 $13,147 $939 $2,262

MitsubishiEclipse CrossLS (AWD)SUVPetrolCVT110kW$34,490 $36,577 $33,441 $15,048 $1,078 $2,637

MitsubishiEclipse CrossExceed (AWD)SUVPetrolCVT110kW$39,190 $41,418 $37,855 $17,034 $1,164 $2,716

MitsubishiEclipse CrossES (2WD)SUVPetrolCVT110kW$29,990 $31,942 $29,215 $13,147 $977 $2,462

MitsubishiASXLS (2WD)SUVPetrolCVT110kW$27,990 $29,882 $27,337 $12,301 $959 $2,529

MitsubishiASXES (2WD)SUVPetrolCVT110kW$25,490 $27,307 $24,989 $11,245 $913 $2,487


Disclaimer• While every effort has been made to verify the information in this guide, Fleet Auto News takes no responsibility for the accuracy or authenticity of the content. • Fleet Auto News does not accept any liability to any person or entity for any information or any advice which is provided in this guide or incorporated into it by reference. • The information provided is on the basis that anyone reading it undertakes the responsibility for assessing the relevance and accuracy of its content.• The data and figures provided in this guide are not intended as financial or taxation advice. • People reading the guide should obtain a formal quotation from a novated leasing provider and seek independent financial advice before entering into a novated lease agreement.• All calculation data provided by Fleetcare Pty Ltd during December 2019. Calculations were made using Fleetcare's proprietary quoting system. • All vehicle calculations from Fleetcare Pty Ltd using the following assumptions: A 36 month lease term travelling at 15,000 kilometres per annum for an employee earning $80,000 annually.†4X4 UTE Novated leases are for cars. Station wagons, panel vans and utilities are considered cars by the ATO if they are goods-carrying vehicles designed to carry less than one tonne. If a vehicle is designed to carry a load of one tonne or more it may not be eligible for a novated lease. This will impact some of the calculations and the potential savings available when salary packaging a vehicle. Readers should seek independent financial advice. Also, some employers may not allow 4X4 Utes in a novated lease. ‡Luxury Vehicles When the Amount Financed is greater than the 2019/20 annual vehicle depreciation limit of $57,581 it will be regarded as a loan instead of a lease. The depreciation and interest will be tax deductible rather than lease payments. This will impact some of the calculations and the potential savings available when salary packaging a vehicle. Readers should seek independent financial advice. Also, some employers may not allow luxury vehicles in a novated lease.

INDEXAAlfa Romeo

Stelvio 24

AlpineA110 24

AudiA1 23A3 29Q3 37Q7 24R8 24RS4 24RS5 24RS Q3 24SQ5 24

BBMW

1 29, 322 293 244 24i3 22M2 24X1 37X2 37X3 24X4 25X5 25

CChevrolet

Camaro 25

CitroenC3 29C5 22

FFiat

500 28

FordEcosport 37Endura 25, 33Escape 35Everest 25, 33Focus 29Mustang 25, 32Ranger 21

GGenesis

G70 22G80 25

HHolden

Acadia 25, 33Colorado 21Equinox 35Trailblazer 33Trax 37

HondaCivic 29, 32CR-V 35HR-V 37, 38Jazz 23

HSVColorado 21

HyundaiElantra 29, 30i30 30, 32iMax 29IONIQ 22, 30Kona 22, 38Santa Fe 33Sonata 28Tucson 35Veloster 32Venue 38

IIsuzu

D-Max 21

JJaguar

F-Pace 25I-Pace 25

JeepCompass 38Grand Cherokee 25

KKia

Carnival 29Cerato 30Picanto 28Rio 23Sorento 33Sportage 35Stinger 22

LLand Rover

Discovery 26Discovery Sport 26, 35Range Rover 26Range Rover Evoque 26

LexusCT 200h 30ES300h 26LC500 26NX300 36RX300 26RX450h 26

MMazda

BT-50 21CX-3 38CX-5 36CX-8 33CX-9 26, 33Mazda 2 23Mazda 3 30, 31Mazda 6 28MX-5 32

Mercedes-AMGA35 26C 26

Mercedes-BenzA200 31GLA 38GLC 36GLE 26X-Class 21

MitsubishiASX 39Eclipse Cross 39Mirage 28Outlander 36Pajero Sport 34Triton 21

NNissan

GT-R 27Navara 21, 22Pathfinder 34X-Trail 36

PPorsche

911 27Cayenne 27Macan 27Panamera 27

RRenault

Captur 39Clio 23Koleos 36Megane 31, 32

SSkoda

Kodiaq 34Superb 22

SubaruImpreza 31Levorg 32Outback 34WRX 32XV 39

SuzukiVitara 39

TTesla

Model 3 22Model S 27Model X 27

Toyota86 32Camry 28C-HR 39Corolla 31Fortuner 34Granvia 29Hilux 22Kluger 34Landcruiser 27, 34Prius 23Prius C 31Prius V 31RAV 4 37Supra 27Yaris 23

VVolkswagen

Arteon 28Golf 31, 32Polo 23, 32Tiguan 37Touareg 28

VolvoXC40 39XC60 28XC90 28



HMCA18097_Awards_A4.indd 1 17/12/19 9:27 am

Now Novated Lease CompliantThe spec’d up Holden Colorado Z71 and LTZ+ models fall under the 1 tonne payload limit, making this fully capable ute Novated Lease and Salary Packaging compliant.

The Holden Colorado is so tough, trusted and proven, it doesn’t know ‘no’. After all, we’ve been in this game for over 50 years, engineering the most durable utes with thousands of hours of local testing, making sure that when Australians choose a Colorado, they’re equipped to handle the toughest tasks.

Visit holden.com.au or your Fleet Management Officer to find out more.

Model shown: Colorado Z71 Crew Cab Pickup (MY20) with optional accessories fitted.

Fleet Services

HBR3639_ColoradoFleet_210x297.indd 1 24/1/20 9:25 am

Documents

Novated Leasing Guide - Fleet Auto News...your car with a new novated lease. NOVATED LEASES An overview of how novated leases work Call: 134 333 Email: [email protected]