What's in your $1,167/wk
Everything below is included. We tally it monthly and reconcile annually so the weekly number stays honest.
| Finance repayment | $1,138.84 |
| Fuel (Plus Visa Card) | $83.08 |
| Comprehensive insurance | $28.85 |
| Rego & CTP | $20.19 |
| Servicing (BMW) | $9.62 |
| Tyres | $7.69 |
| Management fee | $6.92 |
| - Less income tax saved | - $128.19 |
| Net cost per week | $1,167.00 |
Your out-of-pocket savings
Compared to financing the same car on a 5-year car loan + paying running costs from your post-tax salary.
Car loan + cash
$1,355/wkNovated lease:
$1,167/wkYou're better off by $188 / week.
That's $9,776 a year. Over 5 years: $48,880.
Still saves you tax.
Finance and running costs come out of your pay before tax. FBT is covered by an after-tax contribution that’s already inside your $1,167/wk.
$83/wk · all fuel in
Fill up anywhere and pay with the Visa card. It’s bundled into the one pre-tax payment.
3 L/100km
Combined cycle. Around 2,000 km from each 60 L tank.
AWD · 8 Sp Automatic Steptronic
535 kW / 1000 Nm
3 L/100km
5 seats · 4 doors
Petrol
285/40 ZR20 / 295/35 ZR21
5 yr / Unlimited km
Full specifications
| Drive away price | $232,900 |
|---|---|
| Body type | Sedan |
| Fuel | Petrol |
| Engine | 4.4 L · 8 cylinders · 4,395 cc |
| Power | 535 kW |
| Torque | 1000 Nm |
| Transmission | 8 Sp Automatic Steptronic |
| Drive | AWD |
| Fuel consumption | 3 L/100km |
| CO2 emissions | 68 g/km |
| Fuel tank | 60 L |
| Seats | 5 |
| Doors | 4 |
| Kerb weight | 1,851 kg |
| Wheelbase | 3,006 mm |
| Front tyres | 285/40 ZR20 |
| Rear tyres | 295/35 ZR21 |
| Towing capacity | 2,000 kg |
| Warranty | 5 yr / Unlimited km |
How do you want to move forward?
We’ve drafted the email for you. With this car in it.
Most employers say yes within 48 hours. We’ve made it un-awkward – copy the email, send it, we handle the rest.
Subject: Quick HR thing - novated lease
Hi Sarah,
I've been looking into a novated lease for the BMW M5. It works out at $1,167/wk all-in and there's no cost or admin overhead for the business - Positive SP handle everything. I've attached a one-pager…
Or one of these in the same space
Any make, any model. Yes, including the second-hand one your mate's selling.
