What's in your $283/wk
Everything below is included. We tally it monthly and reconcile annually so the weekly number stays honest.
| Finance repayment | $164.94 |
| Fuel (Plus Visa Card) | $103.85 |
| Comprehensive insurance | $34.62 |
| Rego & CTP | $19.23 |
| Servicing (Mahindra) | $10.58 |
| Tyres | $9.62 |
| Management fee | $6.92 |
| - Less income tax saved | - $66.76 |
| Net cost per week | $283.00 |
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
$381/wkNovated lease:
$283/wkYou're better off by $98 / week.
That's $5,096 a year. Over 5 years: $25,480.
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 $283/wk.
$104/wk · all fuel in
Fill up anywhere and pay with the Visa card. It’s bundled into the one pre-tax payment.
9.3 L/100km
Combined cycle. Around 860 km from each 80 L tank.
4WD · 6 Sp Automatic
103 kW / 320 Nm
9.3 L/100km
5 seats · 4 doors
Diesel
245/75 R16
5 yr / 150,000 km
3-star ANCAP
Full specifications
| Drive away price | $37,000 |
|---|---|
| Body type | Ute |
| Fuel | Diesel |
| Engine | 2.2 L · 4 cylinders · 2,179 cc |
| Power | 103 kW |
| Torque | 320 Nm |
| Transmission | 6 Sp Automatic |
| Drive | 4WD |
| Fuel consumption | 9.3 L/100km |
| CO2 emissions | 233 g/km |
| Fuel tank | 80 L |
| Seats | 5 |
| Doors | 4 |
| Kerb weight | 2,115 kg |
| Wheelbase | 3,040 mm |
| Front tyres | 245/75 R16 |
| Towing capacity | 2,500 kg |
| ANCAP rating | 3/5 |
| Warranty | 5 yr / 150,000 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 Mahindra Pik-Up. It works out at $283/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.
