5.99%P.A. NOVATED LEASE RATE WITH BMW FINANCE.
Can you salary sacrifice your car lease? If so, with a BMW Novated Lease you can supercharge those benefits.
From 1 October to 31 December 2024, you’ll get more with your BMW Novated Lease with:
- An exceptional 5.99%p.a lease rate
- $0 Lease set up fees
- A 7% reduction on Manufacturer's Recommended List Price (MRLP)
- A complimentary 4-year BMW Service Inclusive Basic Package
- BMW Full Circle Guaranteed Future Value handback option
- No deposit or upfront payment required
- Available across all 24 to 60 month BMW Novated Leases.
Offer available on selected BMW Electric models below the luxury car tax threshold with finance applications submitted and approved with vehicles ordered and delivered between 01.10.2024 and 31.12.2024..
THE BMW ELECTRIC RANGE WITH NO LUXURY CAR TAX AT 5.99%P.A. NOVATED LEASE RATE.
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Terms and Conditions
Fees, conditions and eligibility criteria apply.
Estimated weekly cost to your take-home pay assumes: 1. Employer agrees to salary package arrangements and pays lease payments from pre-tax salary 2. FBT electric vehicle exemption applies; 3. NSW vehicle drive away price (price varies by state/territory); 4. Base model vehicle with no added options at the manufacturer recommended vehicle drive away price (including novated lease discount) available at participating BMW dealers only; 5. 2024-2025 PAYG Income Tax brackets.
Estimated Tax Savings over Lease Term compare: 1. total novated lease instalments plus residual value (RV) plus GST on the RV; against 2. total instalments for a secured loan financing full GST inclusive driveaway price (with a balloon equivalent to the novated lease RV) at an interest rate equal to the implicit lease rate for the novated lease.
Offer conditions and details include: (a) New vehicles must be ordered and delivered, and lease applications submitted and approved, between 01.10.2024 and 31.12.2024 (b) Offer cannot be combined with other offers, and applies at participating authorised BMW Dealers while stock lasts (BMW Finance reserves the right to change or withdraw any offer at any time); (c) BMW Full Circle Novated Lease includes a guaranteed future value option with no residual value risk on lease expiry provided fair wear and tear and kilometre requirements met; (d) Lease payments include GST; (e) Lease terms require monthly instalments, and equivalent weekly amounts are quoted for comparison. Find out more information on the offer and BMW Full Circle at bmw.com.au.
The information on this website is of a general nature and for your information only. Tax savings and cost to take-home pay are: (a) indicative and estimates only; and (b) can vary depending upon personal circumstances. Savings results should not be taken as a substitute for independent professional taxation and financial advice and tax advice is recommended as to any potential incentives and benefits that may be available in relation to novated leasing of electric vehicles.
Manufacturer's Recommended List Price for a vehicle is the manufacturer’s recommended base price for the vehicle and excludes GST, optional extras and on-road costs.
BMW iX3 M Sport offer only applicable on models: (i) code Z42B; (ii) production models August 2023 onwards
BMW Service Inclusive – Basic: (a) is based on the vehicle’s condition, based service monitoring system for 4 years from the date of first registration; (b) Normal wear and tear items and other exclusions apply; and (c) Scheduled servicing must be conducted by an authorised BMW Dealer.
LCT threshold assessment based on MRDP and delivery charges. The MRDP varies by customer location and is an estimated price which includes the manufacturer’s recommended retail price for the vehicle, registration, compulsory third-party insurance (CTP), the manufacturer’s estimated dealer delivery charge, stamp duty, luxury car tax (if applicable), and other applicable statutory charges, excluding optional extras. The amounts of some of these components are set by third parties over which BMW has no control, and are subject to change. The actual drive-away price that a customer may pay for any BMW vehicle will be agreed with the selling Dealer and set out in the Dealer Sales Contract.