What's in your $248/wk
Everything below is included. We tally it monthly and reconcile annually so the weekly number stays honest.
| Finance repayment | $159.33 |
| Fuel (Plus Visa Card) | $72.69 |
| Comprehensive insurance | $28.85 |
| Rego & CTP | $15.38 |
| Servicing (MG) | $8.65 |
| Tyres | $7.69 |
| Management fee | $6.92 |
| - Less income tax saved | - $51.51 |
| Net cost per week | $248.00 |
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
$327/wkNovated lease:
$248/wkYou're better off by $79 / week.
That's $4,108 a year. Over 5 years: $20,540.
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 $248/wk.
$73/wk · all fuel in
Fill up anywhere and pay with the Visa card. It’s bundled into the one pre-tax payment.
1.7 L/100km
Combined cycle. Around 3,240 km from each 55 L tank.
FWD · 10 Sp Automatic
119 kW / 250 Nm
1.7 L/100km
5 seats · 5 doors
Plug-in Hybrid
215/60 R17
10 yr / 250,000 km
Full specifications
| Drive away price | $35,700 |
|---|---|
| Body type | SUV |
| Fuel | Plug-in Hybrid |
| Engine | 1.5 L · 4 cylinders · 1,490 cc |
| Power | 119 kW |
| Torque | 250 Nm |
| Transmission | 10 Sp Automatic |
| Drive | FWD |
| Fuel consumption | 1.7 L/100km |
| CO2 emissions | 39 g/km |
| Fuel tank | 55 L |
| Seats | 5 |
| Doors | 5 |
| Kerb weight | 1,737 kg |
| Wheelbase | 2,720 mm |
| Front tyres | 215/60 R17 |
| Towing capacity | 1,500 kg |
| Warranty | 10 yr / 250,000 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 MG HS +EV. It works out at $248/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.
