Genesis GV70 Novated Lease Calculator & Savings

Q: How much does a Genesis GV70 novated lease cost?

The cost of a Genesis GV70 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 GV70 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 GV70?

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 GV70 variants can be novated leased?

Most Genesis GV70 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 GV70 outright?

For most employees, a novated lease can reduce the after-tax cost of owning a Genesis GV70 compared to purchasing outright. The best option depends on your income, usage (how many kms per year you'll drive the Genesis GV70) and long-term plans.

Use this Genesis GV70 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 GV70 — giving you a realistic picture of cost vs buy-outright or traditional finance.

Calculate Your Genesis GV70 Novated Lease

Add your average annual kms, salary & pick a Genesis GV70 variant to get an instant result.

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Genesis GV70 novated lease calculator Australia

How a Novated Lease Works for the Genesis GV70

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 GV70 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 GV70 Novated Lease Savings Explained

The Genesis GV70 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 GV70 Novated Lease Scenario

As an example, a Genesis GV70 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 GV70 Variant and Novated Leasing

genesis gv70 Specifications

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Description

genesis gv70 Description

The GENESIS GV70 is a luxury SUV that has made quite an impact in the Australian market. With its sleek design, premium features, and impressive performance, the GV70 is a standout choice for those seeking a sophisticated and comfortable driving experience. Available in multiple variants, including the 2.5T, 2.5T AWD, and 3.5T AWD, the GV70 offers a range of options to cater to different preferences and needs. The base model starts at approximately $65,000 AUD, while the higher-end variants can go up to around $85,000 AUD, making it a competitive choice in the luxury SUV segment. The interior of the GV70 is where it truly shines, with high-quality materials, advanced technology, and ample space for both passengers and cargo. The seats are comfortable and supportive, making long drives a pleasure. The infotainment system is intuitive and easy to use, with features like Apple CarPlay and Android Auto connectivity. On the road, the GV70 delivers a smooth and refined driving experience, with responsive handling and powerful engine options. The ride is comfortable, even over rough roads, and the cabin remains quiet at high speeds. Safety features are also top-notch, with advanced driver-assist systems to help keep you and your passengers safe. Overall, the GENESIS GV70 is a compelling choice for Australian drivers looking for a luxurious and well-equipped SUV. With its combination of style, performance, and premium features, the GV70 is sure to impress even the most discerning buyers.

Here’s what some of our customers had to say about Genesis GV70...

Genesis GV70 Novated Lease FAQs

How much does a Genesis GV70 novated lease cost?

Is the Genesis GV70 eligible for novated lease tax benefits in Australia?

Can I choose my own novated lease provider for a Genesis GV70?

What Genesis GV70 variants can be novated leased?

Is a novated lease better than buying a Genesis GV70 outright?

Start customising your FREE novated lease quote now!

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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.