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Q: How could a novated lease help me save?

Your finance and running costs are bundled into one simple payment each pay. Meaning expenses for things such as fuel, maintenance, insurance and registration are already budgeted in your running costs. You don’t pay GST on these expenses, which means you pay less money on costs you’re already paying.

Q: Do I need to drive a lot?

No, you can drive as little or as much as you like. There’s no minimum km requirement with a novated lease.

Q: How is a novated lease paid for?

Smart makes deductions directly from your salary to pay your lease. The deductions continue until the lease ends, or you leave your employer.

Q: Is the car registered in my name?

Yes. A novated lease is just like purchasing a vehicle with a bank loan, so your car is registered to you, and is yours to drive as you choose.

Please complete the form and one of our consultants will contact you shortly. We look forward to helping you with a quote for this car.

Genesis GV60

Performance AWD

From $334** a week

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FAQs

How could a novated lease help me save?

Do I need to drive a lot?

How is a novated lease paid for?

Is the car registered in my name?

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Important information

Before entering into any salary packaging or novated leasing arrangement, you should consider your objectives, financial situation and needs, and seek appropriate legal, financial or other professional advice based upon your own particular circumstances. The availability of benefits is determined by your employer. Conditions and fees apply. Smartsalary Pty Ltd, ABN 24 096 796 100, a Smart^TM company.

^ Fringe Benefits Tax (FBT) exemption available for eligible electric or hydrogen cell vehicles purchased through a novated lease up to the Luxury Car Tax limit ($91,661 in FY 2026-27). See the Australian Taxation Office website for full eligibility criteria.

** Figures based on the following assumptions: (1) living in NSW 2000, (2) salary: $100,000 gross p.a., (3) travelling 15,000 kms p.a., (4) lease term: 60 months, (5) a residual amount of 28.13% of the vehicle purchase price (payable at the end of the lease term), and (6) Salary Sacrifice using the FBT Exempt Method for eligible EVs. Images shown may not be the exact car that the calculations have been based on. All figures quoted include budgets for finance, charging, servicing, tyres, maintenance, Vero by Suncorp comprehensive motor insurance, Total Loss Benefit, Lease Protection Insurance, Small Damage Repair, Roadside Assistance and re-registration over the period of the lease. The exact residual amount will be specified in your personal vehicle quote. Your actual repayment amount will depend on your income tax bracket, the GST processing method nominated by your employer, administration fees payable under your employer’s salary packaging plan, the negotiated Smart discount on your chosen vehicle and your personal circumstances. Neither Smartsalary Pty Ltd nor any of its related bodies corporate accept responsibility for any errors or omissions from the information or any reliance placed upon it. Figures are based on a new 2026 Genesis GV60 Electric JW.V3 MY24 Performance AWD Wagon, accurate as of 26 July 2026, and may be subject to change.