Whether you’re eyeing a used BMW or the eligible electric BMW iX1, a BMW novated lease can be a cost-effective way to get behind the wheel of the ultimate driving machine.
It uses a combination of pre-tax and post-tax salary deductions to cover your lease payments and running costs, helping reduce your taxable income and potentially save money over the lease term.
Our BMW novated lease calculator estimates how much lower your weekly payments are with a novated lease compared to a traditional 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.
A novated lease is an agreement between you, your employer, and the financier. Instead of paying for a car with money that has already been taxed, your employer facilitates payments for the purchase price and vehicle expenses directly from your salary packaging.
This setup provides a significant advantage, allowing you to access GST savings on the vehicle purchase price and bundled costs like servicing, insurance, and roadside assistance. We focus on a personalised approach to novated leasing finance tailored to your specific needs.
Explore popular BMW models available through novated leasing, with estimated weekly pricing to help you manage your budget. We can source a range of new and used BMW models (subject to age limits) to help you find your dream car.
From $270/week
Premium all-electric SUV offering zero emissions, advanced tech, and lower running costs.
BMW is a premier luxury brand in Australia, making it well-suited to salary packaging thanks to its blend of modern technology and comfort.
When you select a BMW novated lease agreement, potential benefits include:
Select the model from the BMW 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.
Across Australia, more drivers are discovering the benefits of switching to a BMW novated lease to potentially reduce tax and make driving a new vehicle more affordable.
See how a BMW novated lease could work for you and what impact it may have on your take-home pay through smart salary packaging strategies. While this information provides a general overview only and is not a substitute for professional financial or legal advice, we can prepare a tailored breakdown based on your individual income and selected BMW model. Contact our team today to learn more or request a personalised quote.
It is a salary packaging arrangement where an employee leases a vehicle, and the employer takes over the payment obligations from the employee’s salary. Salary Packaging Australia’s novated leases operate under an Australian Credit Licence and are subject to approved applicants.
Yes! Because of their high residual value and the tax benefits available for eligible electric vehicles like the BMW iX1, BMW vehicles are among the most popular choices for novated leases in Australia.
Interest rates vary depending on your personal circumstances, credit profile, and lease term. We provide a tailored quote so you can see your exact costs upfront. Unlike a standard car loan, a novated lease is a finance arrangement where the interest is often fixed for the entire process of the lease, providing you with certainty over your payments.
During the lease term, the finance company owns the vehicle, but you have exclusive personal use. When the lease ends, you can purchase the car, extend the lease, or trade in for a new car.
With a standard car loan, you pay for the car and all vehicle expenses (like fuel, insurance, and servicing) using money that has already been taxed. With a novated car lease, your employer pays these running costs using pre-tax dollars. This means you may lower your taxable income in your salary analysis and keep more money in your pocket.
If an employee leaves, the agreement is de-novated. The lease may be transferred over to you as a personal obligation, or you can often transfer the lease documents to your new employer.
* 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.
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