What's in your $190/wk
Everything below is included. We tally it monthly and reconcile annually so the weekly number stays honest.
| Finance repayment | $108.74 |
| Fuel (Plus Visa Card) | $62.31 |
| Comprehensive insurance | $26.92 |
| Rego & CTP | $15.38 |
| Servicing (Mahindra) | $7.69 |
| Tyres | $7.31 |
| Management fee | $6.92 |
| - Less income tax saved | - $45.27 |
| Net cost per week | $190.00 |
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
$257/wkNovated lease:
$190/wkYou're better off by $67 / week.
That's $3,484 a year. Over 5 years: $17,420.
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 $190/wk.
$62/wk · all fuel in
Fill up anywhere and pay with the Visa card. It’s bundled into the one pre-tax payment.
6.5 L/100km
Combined cycle. Around 650 km from each 42 L tank.
NSD · 6 Sp Automatic
82 kW / 200 Nm
6.5 L/100km
5 seats · 5 doors
Petrol
205/65 R16
7 yr / 150,000 km
Full specifications
| Drive away price | $23,990 |
|---|---|
| Body type | SUV |
| Fuel | Petrol |
| Engine | 1.2 L · 3 cylinders · 1,197 cc |
| Power | 82 kW |
| Torque | 200 Nm |
| Transmission | 6 Sp Automatic |
| Drive | NSD |
| Fuel consumption | 6.5 L/100km |
| CO2 emissions | 136 g/km |
| Fuel tank | 42 L |
| Seats | 5 |
| Doors | 5 |
| Kerb weight | 1,391 kg |
| Wheelbase | 2,600 mm |
| Front tyres | 205/65 R16 |
| Warranty | 7 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 XUV 3XO. It works out at $190/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.
