Whether you need a city-friendly MG or the high-performance MG4, an MG novated lease is a smart way to get behind the wheel of your next vehicle.
A novated lease is a salary sacrifice arrangement that lets you finance a vehicle using a combination of pre-tax salary and post-tax contributions.
Using a novated lease calculator helps you estimate how much lower your monthly payments could be with an MG novated lease compared to a standard car loan.
Novated Leasing not only gives you a brand new car at a fantastic purchase price, but it also allows you to include many of the running costs in your pre-tax income.
An MG novated lease is a three-party lease agreement between you, your employer, and the financier. Instead of paying for a car after you’ve been taxed, your employer facilitates lease payments through your pre-tax salary.
This arrangement may reduce your taxable income and can help you manage your budget more effectively. For eligible MG EV models, an EV discount may also apply under current electric vehicle incentives.
Explore popular models available on an MG novated lease, with estimated weekly pricing to help you review your options and potential savings. We can source selected MG car models, both new and used (subject to age limits).
From $132/week
Premium electric hatch designed for city driving, with a 360° camera and advanced tech.
From $169/week
Versatile MG EV SUV with an extended driving range and luxury interior for family savings.
From $136/week
Electric vehicle delivering style, sporty performance and low running costs.
As the MG brand grows in popularity, it offers a growing and appealing MG range of EVs and hybrid models.
When you choose MG, you can benefit from:
Select the model from the MG range that suits your lifestyle and budget.
We assist with the finance application, credit approval, and lease documentation.
Your employer signs the agreement, and payments begin from your pre-tax salary.
Drivers across Australia are exploring the advantages of an MG novated lease. Experience a new MG while potentially lowering your taxable income through salary sacrifice arrangements.
Our team is ready to provide a comparison or a tailored MG novated lease quote. While this subject is intended for general info and is not a substitute for advice regarding your personal circumstances, we can provide a breakdown of optional extras and savings. Contact us for a review of your budget and to learn more today.
It is a finance arrangement where an employee leases a vehicle, and the employer manages payments via salary packaging. By using a combination of pre-tax salary and post-tax contributions, you may reduce your taxable income.
Salary Packaging Australia’s novated lease options operate under an Australian Credit Licence. All finance is subject to approved applicants and your personal circumstances.
One of the biggest key advantages of choosing an MG today is the EV discount. Because of the Federal Government’s electric vehicle incentives, eligible models may qualify for an FBT exemption. This may help you save thousands over the lease term by allowing eligible expenses to be paid from your pre-tax salary, where FBT exemptions apply.
With a standard car loan, you pay for the vehicle and all running costs (like fuel, comprehensive insurance, and tyres) using money that has already been taxed. With an MG novated lease, your employer facilitates these payments before tax is taken out. Under a novated lease structure, GST savings may also apply on the purchase price (up to a capped limit), subject to eligibility.
During the lease duration, the finance company holds a security interest in the vehicle, but you have exclusive personal use. At the end of the lease agreement, you have the optional extras to pay the residual value to own the car outright, sell the vehicle, or trade it in for your next vehicle.
A novated lease bundles several costs into one account, which can help support more predictable budgeting over time. This typically includes comprehensive insurance, rego, servicing, maintenance, tyres, roadside assistance, and even charging or petrol costs. This combination makes it easier to manage your budget every week.
The lease is portable. If you change employer, the MG novated lease is generally de-novated and becomes your personal obligation. However, you can generally transfer the lease documents to your new employer to continue the arrangement, provided they offer salary packaging.
* This calculator contains general information and does not necessarily take all of your personal circumstances into account. Salary Packaging Australia encourages you to seek professional, independent tax or financial advice and to consider whether this information is right for you before making a decision. The availability of any packaging benefit is subject to your employer’s approval and compliance with the Australian Income Tax Assessment Act (1997). The Australian Taxation Office can provide advice on compliance.
All benefit examples based on a 60-months term driving 15,000 km per annum on a $85,000 annual salary. Prices excluding GST under novated lease and images are for display purposes only. Vehicles subject to availability. Pricing is based upon supply of motor vehicle in South-east QLD. Vehicle pricing may be subject to change without notice. Pricing may vary depending on the exact location and State of purchase and are based on PAYG income tax rates as at 01/07/2026.
The salary packaging of motor vehicles works for you by substituting a taxable benefit with a non-taxable benefit. The above cost figures represent the estimated impact on your take home pay taking into account those tax benefits based on the assumptions outlined. You should obtain independent financial advice taking into account your personal circumstances before you rely on these figures. Salary Packaging Australia Pty Ltd ABN 53 009 643 485.
Contact our team directly, we are here to help
Contact our team, we are here to help
