You want a lease that works for you. BMW Finance Australia in partnership with Smart™ has made novated leasing even easier, so you drive away with the complete package.
Enjoy potential tax savings from paying with your pre-tax salary. Then there’s the flexibility of one simple payment that covers costs like leasing, insurance, servicing and fuel. And when your lease ends, there’s the peace of mind knowing your vehicle is backed by our BMW Guaranteed Future Value.
Get a lease package that has it all. Don’t miss out on the advantages of a BMW Novated Lease.
Flexibility for Every Driver
Find a lease that works for you.
Finance Lease
A Finance Lease allows you to drive a BMW vehicle in exchange for regular rental payments over a fixed term, typically 24-60 months. At the end of the term, you have multiple option.
Key Benefits
- Business Focus: Ideal for business use with potential tax deductions for business-related vehicle expenses
- Preserved Capital: Keep your capital free for other investments and business needs
- Flexible End of Term: Choose to refinance the residual, pay it out, or upgrade to a new BMW
- BMW Guaranteed Future Value: More options at the end of the agreement
Is It Right For You?
Finance Leasing is best suited for:
- Business owners and companies
- Businesses looking for potential tax advantages
Novated Lease
A Novated Lease is a three-way agreement between you, your employer, and BMW Finance where your employer makes lease payments from your pre-tax salary, potentially reducing your taxable income.
Key Benefits:
- Tax Efficiency: Potential reduction in taxable income through salary packaging
- GST Savings: No GST on vehicle purchase or running costs
- Simplified Budgeting: Fixed regular payments for easier financial planning
- Vehicle Choice: Available across the entire BMW range
- BMW Guaranteed Future Value: End-of-lease protection against market fluctuations
- Flexibility: Options to trade-in, retain, or return your BMW when your lease ends, applying the BMW Guaranteed Future Value
Is It Right For You?
Novated leasing is best suited for employees of companies that offer salary packaging
Fully Maintained Lease
A fully maintained novated lease includes all vehicle running costs which could be GST free. For an EV vehicle that is exempt from FBT, running costs can be bundled into one convenient pre-tax payment. creating a comprehensive "total package" solution. For all other vehicles, it can be a combination of pre-tax or post-tax payments.
Key Benefits:
- All-Inclusive Package: Running costs including fuel, insurance, registration, maintenance, and roadside assistance in one payment
- Tax Efficient: For a EV vehicle that is exempt from FBT, ll bundled costs are paid from pre-tax salary, potentially maximizing tax savings. For all other vehicles, bundled costs can be a combination of pre-tax or post-tax payments, which could also mean tax savings.
- No GST: Save GST on both the vehicle and all running costs
- Budget Certainty: The convenience of planned, regular payments
- Simplified Administration: Online portal to manage all aspects of your lease
- BMW Guaranteed Future Value: More options when your lease ends
What’s included:
This may vary based on the benefits offered to you by your employer. But it may generally include:
- Vehicle Finance: The core lease payments for your chosen BMW
- Fuel & Charging: All fuel or charging costs for electric BMW models
- Insurance: Comprehensive vehicle insurance coverage
- Registration & CTP: Annual registration and compulsory third party insurance
- Servicing & Maintenance: Scheduled servicing and repairs
- Tyres: Replacement when needed
- Roadside Assistance: 24/7 emergency support
- BMW Service Inclusive: Manufacturer-backed service support
Is It Right For You?
Fully maintained novated leasing is best suited for employees of companies that offer salary packaging
Fees, conditions and eligibility criteria apply.
BMW Full Circle consists in the case of a lease, an option to return the vehicle to us and not pay the Guaranteed Future Value amount at the end of the lease term, provided the vehicle is undamaged except for fair wear and tear as determined by our approved dealer and provided that the contracted kilometre allowance has not been exceeded. The GFV is not a representation of the anticipated market value of the vehicle at the end of the contract term. To be eligible, vehicles must be built within 18 months. Odometer cannot exceed 10,000km at contract commencement. BMW Finance does not provide tax, legal or accounting advice. This material has been prepared for general informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Novated leasing finance is provided by BMW Australia Finance Pty Ltd (ACN 007 101 715). Salary packaging and novated leasing administration services are provided by Smartsalary Pty Ltd (ACN 24 096 796 100) and Autopia Management Pty Ltd (ACN 111 369 049), which are Smart™ companies.
