MG MGS5 EV Essence 49 Wagon
$184/wk $40,490
Essence 49 Wagon$192/wk $42,990
Excite 62 Wagon$197/wk $44,990
Essence 62 Wagon$206/wk $47,990
What's in your $192/wk
Everything below is included. We tally it monthly and reconcile annually so the weekly number stays honest.
| Finance repayment | $190.82 |
| Charging (Plus Visa Card) | $15.78 |
| Comprehensive insurance | $38.46 |
| Rego & CTP | $13.46 |
| Servicing (MG) | $4.81 |
| Tyres | $11.54 |
| Management fee | $6.92 |
| - Less income tax saved | - $89.79 |
| Net cost per week | $192.00 |
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
$323/wkNovated lease:
$192/wkYou're better off by $131 / week.
That's $6,812 a year. Over 5 years: $34,060.
Under the cap – fully exempt.
Essence 49 Wagon ($42,990) sits under the luxury car limit for fuel-efficient vehicles ($91,387). No fringe-benefits tax owed by you or your employer.
$16/wk · all charging in
Home charging and any public fast-charger. Pay with the Visa card, it’s all bundled.
10 yr / 250,000 km warranty
125 kW and 250 Nm. Servicing and tyres are in your weekly figure too.
RWD · 1 Sp Automatic
125 kW / 250 Nm
5 seats · 4 doors
Electric
225/55 R18
10 yr / 250,000 km
5-star ANCAP
Full specifications
| Drive away price | $42,990 |
|---|---|
| Body type | SUV |
| Fuel | Electric |
| Power | 125 kW |
| Torque | 250 Nm |
| Transmission | 1 Sp Automatic |
| Drive | RWD |
| Seats | 5 |
| Doors | 4 |
| Kerb weight | 1,680 kg |
| Wheelbase | 2,730 mm |
| Front tyres | 225/55 R18 |
| Towing capacity | 750 kg |
| ANCAP rating | 5/5 |
| 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 MGS5 EV. It works out at $192/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.
