Get into a Hyundai with a Smart™ novated lease
Access Hyundai's latest range of SUVs and EVs with potential tax savings, bundled running costs, and no large upfront costs.*
Hyundai’s extensive range of electric and hybrid vehicles brings together modern design and innovative technology, delivering everything from everyday efficiency to impressive performance.
With a Smart™ novated lease, eligible employees can access the latest Hyundai range while enjoying potential tax benefits, bundled running costs and no large upfront cost.*
Why you should consider a Hyundai with a Smart novated lease
Save with potential pre-tax deductions
Eligible running costs included (fuel/charging, rego, servicing, insurance)
No large upfront cost
FBT exemption available for eligible EVs^
Receive a $2,000 bonus with a Smart™ novated lease
Vehicle must be ordered and delivered between 1 July and September 30
Offer ends 30 September 2026.
Terms and conditions apply.#
Hyundai KONA
Available on the following variants:
- KONA Electric SUV Extended Range
- KONA Electric SUV Standard Range
- KONA Electric Premium SUV Extended Range
- KONA Electric Premium + N Line Package SUV Extended Range
Hyundai ELEXIO
Available on the following variant:
- ELEXIO SUV 160kW 88.1 kWh FWD
Hyundai IONIQ 5
Available on the following variant:
- IONIQ 5 SUV 168kW 84kWh RWD
Hyundai KONA Electric
A practical electric SUV that combines easy everyday driving with smart technology and flexible space. Designed to suit busy city life, while still offering the comfort and versatility needed for everyday trips and weekends away.
From $176 per week**
Hyundai TUCSON Hybrid
A spacious mid-size SUV that combines hybrid efficiency with confident performance, comfort and intuitive technology. With plenty of room for passengers and everyday needs, TUCSON Hybrid is a well-rounded choice for family driving.
From $331 per week**
Hyundai ELEXIO Electric
A spacious and technology-rich electric SUV designed around everyday comfort and convenience. With a thoughtfully designed premium interior, generous space for passengers and cargo, and intuitive technology, ELEXIO makes everyday family driving and longer journeys feel comfortable and effortless.
From $206 per week**
Hyundai IONIQ 5 Electric
An award-winning electric SUV with distinctive styling, a spacious interior and advanced EV technology. Combining impressive driving range, fast-charging capability and refined comfort, IONIQ 5 offers a more elevated electric driving experience.
From $283 per week**
The Electric Car Discount Policy
Introduced by the Federal Government, the Electric Car Discount Policy has made eligible electric vehicles (EVs)^ considerably cheaper when purchased through a novated lease.
Eligible Hyundai electric vehicles (EVs)^ qualify for the Electric Car Discount. They are now exempt from Fringe Benefits Tax (FBT) – potentially saving you money.
Frequently asked questions
Important information
* This is general information only. Before entering into any salary packaging, electric vehicle novated lease or other electric car finance 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.
** Images shown may not be the exact car 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, Hydro Platinum Pack and re-registration over the period of the lease. Vehicle residual, as set by Australian Taxation Office, is payable at the end of 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 August 2026.
# For purchases of KONA Electric SUV Extended Range 150kW Motor - FWD, KONA Electric SUV Standard Range 99kW Motor - FWD, KONA Electric Premium SUV Extended Range 150kW Motor - FWD, KONA Electric Premium + N Line Package SUV Extended Range 150kW Motor - FWD, ELEXIO SUV 160kW 88.1 kWh FWD, IONIQ 5 SUV 168kW 84kWh RWD through a Novated Lease, a $2,000 (incl. GST) Novated Lease bonus is available through any authorised Novated Lease channel. The offer applies to new stock vehicles purchased and delivered between 1st July 2026 and 30th September 2026, while stocks last. This bonus is in addition to all published retail driveaway and fleet bonuses for eligible vehicles. Not redeemable for cash and subject to availability and change.
^ GST and Fringe Benefits Tax (FBT) are not payable on the purchase price of eligible EVs finance through a novated lease. Other taxes may still apply. ‘Eligible EV’ refers to electric vehicles purchased under a novated lease and eligible for the FBT exemption under the Federal Government’s Electric Car Discount Policy. FBT exemption is 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.