Kia EV5 Novated Lease Calculator & Savings

Q: How much does a Kia EV5 novated lease cost?

The cost of a Kia EV5 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 Kia EV5 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 Kia EV5?

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 Kia EV5 variants can be novated leased?

Most Kia EV5 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 Kia EV5 outright?

For most employees, a novated lease can reduce the after-tax cost of owning a Kia EV5 compared to purchasing outright. The best option depends on your income, usage (how many kms per year you'll drive the Kia EV5) and long-term plans.

Use this Kia EV5 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 EV5 — giving you a realistic picture of cost vs buy-outright or traditional finance.

Calculate Your Kia EV5 Novated Lease

Add your average annual kms, salary & pick a Kia EV5 variant to get an instant result.

Trusted by:

Kia EV5 novated lease calculator Australia

How a Novated Lease Works for the Kia EV5

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 Kia EV5 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

Loading content...

Kia EV5 Novated Lease Savings Explained

The Kia EV5 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 Kia EV5 Novated Lease Scenario

As an example, a Kia EV5 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 Kia EV5 Variant and Novated Leasing

Kia EV5 Specifications

Description

Details

Features

Engine

Drive Train

Fuel

Dimensions

Towing Capacity

Description

Kia EV5 Description

The KIA EV5 is a game-changer in the Australian electric vehicle market, offering a perfect blend of performance, style, and sustainability. Priced at around $60,000 to $70,000 AUD, the EV5 is positioned as an attractive option for eco-conscious drivers looking to make the switch to electric mobility. Available in multiple variants, including a standard version and a top-tier model with enhanced features, the KIA EV5 caters to a wide range of preferences and budgets. The sleek and modern design of the EV5 is sure to turn heads on the road, while its spacious interior provides a comfortable driving experience for both the driver and passengers. Under the hood, the EV5 boasts impressive performance capabilities, with quick acceleration and responsive handling that make for a fun and engaging driving experience. The electric drivetrain ensures a smooth and quiet ride, while also contributing to a reduced carbon footprint. Overall, the KIA EV5 is a compelling option for Australians seeking a stylish, high-performing electric vehicle that aligns with their values of sustainability and innovation. With its competitive pricing and range of model variants, the EV5 is set to make a significant impact in the Australian automotive market.

Here’s what some of our customers had to say about Kia EV5...

Kia EV5 Novated Lease FAQs

How much does a Kia EV5 novated lease cost?

Is the Kia EV5 eligible for novated lease tax benefits in Australia?

Can I choose my own novated lease provider for a Kia EV5?

What Kia EV5 variants can be novated leased?

Is a novated lease better than buying a Kia EV5 outright?

Start customising your FREE novated lease quote now!

Level 2, 9 Help Street Chatswood NSW 2067, Australia ABN: 67 107 751 931, Credit Licence: 387894

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.