Genesis GV60 Novated Lease Calculator & Savings

Q: How much does a Genesis GV60 novated lease cost?

The cost of a Genesis GV60 novated lease depends on the vehicle price, lease term, interest rate and your personal tax situation. Using a novated lease calculator is the quickest way to estimate repayments and potential savings.

Q: Is the Genesis GV60 eligible for novated lease tax benefits in Australia?

Novated lease tax benefits (both GST and income tax) depend on current Australian tax rules and the vehicle's specifications. EVs and low-emission vehicles may offer additional advantages, which should be assessed based on your individual circumstances.

Q: Can I choose my own novated lease provider for a Genesis GV60?

In most cases, yes. Employees are often not required to use their employer's default provider and can choose an independent novated lease specialist to compare options.

Q: What Genesis GV60 variants can be novated leased?

Most Genesis GV60 variants available in Australia can be packaged through a novated lease, subject to lender and employer policies.

Q: Is a novated lease better than buying a Genesis GV60 outright?

For most employees, a novated lease can reduce the after-tax cost of owning a Genesis GV60 compared to purchasing outright. The best option depends on your income, usage (how many kms per year you'll drive the Genesis GV60) and long-term plans.

Use this Genesis GV60 novated lease calculator to quickly estimate your repayments, tax savings and running cost benefits in Australia. A novated lease can reduce your taxable income and GST for eligible vehicles like the GV60 — giving you a realistic picture of cost vs buy-outright or traditional finance.

Calculate Your Genesis GV60 Novated Lease

Add your average annual kms, salary & pick a Genesis GV60 variant to get an instant result.

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Genesis GV60 novated lease calculator Australia

How a Novated Lease Works for the Genesis GV60

You save on income tax

Because the repayments are drawn from your pre-tax salary, that means you'll have a lower taxable income

You save on fleet discounts

You leverage the national BMW buying power of FinCar, which means you get the wholesale prices that you normally wouldn't get.

You save on GST

You pay no GST on the vehicle purchase price, fuel, service, registration, repair costs, and even insurance. You can save over 10 cents per litre on fuel each time you fill up. That's a $12 saving on a 60-litre tank.

A novated lease allows you to package the cost of your Genesis GV60 through your salary, using pre-tax income to cover repayments, running costs and GST. This can reduce your taxable income and improve cash flow compared to buying outright or using a standard car loan.

What’s included in your novated lease quote?

Fuel

Registration

Servicing

Roadside Assistance

Tyre Replacement

Insurance

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Genesis GV60 Novated Lease Savings Explained

The Genesis GV60 is well suited to a novated lease, particularly for drivers in higher tax brackets. Depending on the vehicle variant, your income and usage, a novated lease may reduce your overall ownership cost by packaging finance, servicing, registration and other running costs in one structure. You'll also save on GST as well as income tax.

Example Genesis GV60 Novated Lease Scenario

As an example, a Genesis GV60 novated lease over five years may include the vehicle purchase price, finance costs and eligible running expenses. Your actual savings will depend on your salary, tax bracket and selected lease term, but many drivers find the after-tax cost is lower than traditional financing options.

Save your next car purchase with a Genesis GV60 Variant and Novated Leasing

Genesis GV60 Specifications

Description

Details

Features

Engine

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Fuel

Dimensions

Towing Capacity

Description

Genesis GV60 Description

The GENESIS GV60 is a luxurious electric SUV that has been making waves in the Australian automotive market. With its sleek design, advanced technology features, and impressive performance, the GV60 is a standout option for those looking for a premium electric vehicle. The GV60 comes in two model variants: the Standard Range and the Long Range. The Standard Range variant offers an estimated range of around 300 kilometers, while the Long Range variant provides an impressive range of up to 500 kilometers on a single charge. Pricing for the GV60 starts at approximately $80,000 for the Standard Range model and goes up to $100,000 for the Long Range model. Inside, the GV60 boasts a spacious and luxurious cabin with high-quality materials and finishes. The infotainment system is intuitive and easy to use, with features such as Apple CarPlay, Android Auto, and a premium sound system. The GV60 also comes equipped with advanced safety features, including adaptive cruise control, lane-keeping assist, and automatic emergency braking. Overall, the GENESIS GV60 is a top contender in the electric SUV market in Australia, offering a perfect blend of luxury, performance, and cutting-edge technology.

Here’s what some of our customers had to say about Genesis GV60...

Genesis GV60 Novated Lease FAQs

How much does a Genesis GV60 novated lease cost?

Is the Genesis GV60 eligible for novated lease tax benefits in Australia?

Can I choose my own novated lease provider for a Genesis GV60?

What Genesis GV60 variants can be novated leased?

Is a novated lease better than buying a Genesis GV60 outright?

Start customising your FREE novated lease quote now!

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Terms & Conditions Privacy Policy Novated Leasing Videos

Fincar has been offering novated car leases to Australians since 2008 and rather than just punch out the numbers like the big guys, we explain how it works, what the benefits are, the advantages and disadvantages and whether it’s worth it in your particular situation. So whether you’re just trying to find out what is a novated lease, or you’d have a specific question about ATO prescribed residual values, one of our friendly consultants can answer that straight away. And, if it looks like it’s going to work, we’ll get you the best novated lease interest rates from Australia’s top lenders.