Jeep Grand Cherokee Summit Reserve 4XE PHEV (4X4) Wagon
$372/wk $65,450
Limited 5 Seat (4X4) Wagon$405/wk $72,950
Overland 5 Seat (4X4) Wagon$427/wk $77,750
Summit Reserve 4XE PHEV (4X4) Wagon$427/wk $77,760
What's in your $427/wk
Everything below is included. We tally it monthly and reconcile annually so the weekly number stays honest.
| Finance repayment | $347.35 |
| Fuel (Plus Visa Card) | $72.69 |
| Comprehensive insurance | $28.85 |
| Rego & CTP | $15.38 |
| Servicing (Jeep) | $8.65 |
| Tyres | $7.69 |
| Management fee | $6.92 |
| - Less income tax saved | - $60.53 |
| Net cost per week | $427.00 |
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
$529/wkNovated lease:
$427/wkYou're better off by $102 / week.
That's $5,304 a year. Over 5 years: $26,520.
Plug-in hybrid – FBT applies.
The FBT exemption for plug-in hybrids ended on 1 April 2025. It’s covered by an after-tax contribution that’s already inside your $427/wk.
$73/wk · all fuel in
Fill up anywhere and pay with the Visa card. It’s bundled into the one pre-tax payment.
3.2 L/100km
Combined cycle. Around 2,250 km from each 72 L tank.
4X4 · 8 Sp Automatic
200 kW / 400 Nm
3.2 L/100km
5 seats · 4 doors
Plug-in Hybrid
275/45 R21
5 yr / 100,000 km
5-star ANCAP
Full specifications
| Drive away price | $77,760 |
|---|---|
| Body type | SUV |
| Fuel | Plug-in Hybrid |
| Engine | 2.0 L · 6 cylinders · 1,995 cc |
| Power | 200 kW |
| Torque | 400 Nm |
| Transmission | 8 Sp Automatic |
| Drive | 4X4 |
| Fuel consumption | 3.2 L/100km |
| CO2 emissions | 74 g/km |
| Fuel tank | 72 L |
| Seats | 5 |
| Doors | 4 |
| Kerb weight | 2,536 kg |
| Wheelbase | 2,964 mm |
| Front tyres | 275/45 R21 |
| Towing capacity | 2,722 kg |
| ANCAP rating | 5/5 |
| Warranty | 5 yr / 100,000 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 Jeep Grand Cherokee. It works out at $427/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.
