Get into a BMW with a novated lease
The ultimate way to enjoy big tax savings on the ultimate driving machine.
BMW Excellence. Smart Convenience.
In an industry first for both organisations, SmartTM have partnered with BMW Financial Services to bring novated leasing directly to BMW dealerships.
This opportunity helps make novated leasing easier, more accessible, and more convenient for both employees and employers. It is one of the most affordable ways to own a BMW – a seamless and fast leasing experience in a dealership, paired with significant savings.
Experience electric driving, the BMW way
Experience BMW’s electric performance with the potential cost benefits of a novated lease. With selected BMW electric models available through a Smart novated lease, you could package your vehicle, running costs and potential tax savings into one bundle payment. Plus, take advantage of a competitive 6.99% p.a. comparison rate* through BMW Finance.
Premium driving, smarter savings
From the agile BMW X1 to the spacious BMW X5, selected BMW models offer premium design, everyday practicality and confident performance - with the added convenience of packaging eligible running costs through a Smart novated lease. Plus, take advantage of a competitive 7.99% p.a. comparison rate^ through BMW Finance.
Get big tax savings on a BMW
We're proud to partner with BMW to help make it more affordable and convenient to own and run a car you love.
A novated lease with Smart™ could save you thousands. There's no GST on your BMW's purchase price. Pre-tax dollars are used for finance and running costs, so you could pay less tax. And payments are bundled into one regular pay deduction for simpler budgeting.
End-of-lease peace of mind
Before you even take delivery of your BMW, you can lock in a guaranteed future value at the end of your lease, giving you flexibility and peace of mind.
When your lease ends, your options include trade-in, pay out and keep the vehicle, or return your BMW applying the BMW Guaranteed Future Value.
Frequently asked questions
Important information
This is general information only. 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™ company.
# Weekly price is 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: 24-48 months, and (5) salary sacrifice using Employee Contribution Method (ECM) and FBT Exempt Method for Electric Car Discount eligible EVs. Images shown may not be the exact vehicle that the calculations have been based on. All figures quoted include budgets for finance, charging and/or fuel, servicing, tyres, maintenance, Vero by Suncorp comprehensive motor insurance, and re-registration over the period of the lease. Vehicle residual, as set by the Australian Taxation Office, is payable at the end of the lease term. The exact residual amount will be specified in your vehicle quote. Figures are indicative only and based on quotes obtained by Smart from its dealership network in October 2026.
* 6.99% p.a. comparison rate offer valid only for new or demonstrator BMW Electric vehicles purchased through a Smart novated lease between 1 October 2026 and 31 December 2026 (Promotional Period) with vehicle finance procured by Smart and provided by BMW Australia Finance Pty Ltd (ACN 007 101 715) (BMW Finance) with a lease term of 24 to 48 months (Promotion). Vehicle finance application must be submitted, approved and settled during the Promotional Period. Conditions and eligibility criteria apply for vehicle finance. The comparison rate offered in this Promotion is a limited-time discounted rate offered by MINI Finance to Smartsalary and Autopia customers which is specific to this Promotion and does not reflect the general novated lease customer effective interest rate of Smart or its related bodies corporate. The comparison rate offered in this Promotion does not apply to any extensions or refinances. Different terms, fees or other amounts might result in a different comparison rate. Smart may charge fees for salary packaging and novated leasing administration services and such fees have not been incorporated into the calculation of the displayed comparison rate. Smartsalary, Autopia and MINI Finance reserve the right to change or withdraw this Promotion at any time. Offer not available in conjunction with any other offers. Subject to stock availability.
^ 7.99% p.a. comparison rate offer valid only for eligible new or demonstrator BMW vehicles purchased through a Smart novated lease between 1 October 2026 and 31 December 2026 (Promotional Period) with vehicle finance procured by Smart and provided by BMW Australia Finance Pty Ltd (ACN 007 101 715) (BMW Finance) with a lease term of 36 to 60 months (Promotion). Vehicle finance application must be submitted, approved and settled during the Promotional Period. Conditions and eligibility criteria apply for vehicle finance. The comparison rate offered in this Promotion is a limited-time discounted rate offered by MINI Finance to Smartsalary and Autopia customers which is specific to this Promotion and does not reflect the general novated lease customer effective interest rate of Smart or its related bodies corporate. The comparison rate offered in this Promotion does not apply to any extensions or refinances. Different terms, fees or other amounts might result in a different comparison rate. Smart may charge fees for salary packaging and novated leasing administration services and such fees have not been incorporated into the calculation of the displayed comparison rate. Smartsalary, Autopia and MINI Finance reserve the right to change or withdraw this Promotion at any time. Offer not available in conjunction with any other offers. Subject to stock availability.
± GST is not payable on the purchase price of a vehicle financed through a novated lease (GST savings are calculated on the FBT base value of the vehicle, up to the claimable limit [$6,353 in FY 2026-27] unless exempt).