Lexus RX350h Novated Lease Calculator & Savings

Q: How much does a Lexus RX350h novated lease cost?

The cost of a Lexus RX350h 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 Lexus RX350h 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 Lexus RX350h?

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 Lexus RX350h variants can be novated leased?

Most Lexus RX350h 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 Lexus RX350h outright?

For most employees, a novated lease can reduce the after-tax cost of owning a Lexus RX350h compared to purchasing outright. The best option depends on your income, usage (how many kms per year you'll drive the Lexus RX350h) and long-term plans.

Use this Lexus RX350h 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 RX350h — giving you a realistic picture of cost vs buy-outright or traditional finance.

Calculate Your Lexus RX350h Novated Lease

Add your average annual kms, salary & pick a Lexus RX350h variant to get an instant result.

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Lexus RX350h novated lease calculator Australia

How a Novated Lease Works for the Lexus RX350h

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 Lexus RX350h 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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Lexus RX350h Novated Lease Savings Explained

The Lexus RX350h 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 Lexus RX350h Novated Lease Scenario

As an example, a Lexus RX350h 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 Lexus RX350h Variant and Novated Leasing

lexus rx350h Specifications

Description

Details

Features

Engine

Drive Train

Fuel

Dimensions

Towing Capacity

Description

lexus rx350h Description

The Lexus RX350h is a premium SUV that offers a great balance of luxury, performance, and fuel efficiency. For Australian buyers, the RX350h is available in two main variants: the Luxury variant priced at around $85,000 and the F Sport variant priced at approximately $95,000. One of the standout features of the RX350h is its hybrid powertrain, which combines a 3.5-liter V6 engine with an electric motor to deliver a total output of 308 horsepower. This not only provides ample power for highway cruising and city driving but also contributes to impressive fuel economy figures, making it a practical choice for Australian drivers concerned about rising fuel costs. Inside, the RX350h boasts a well-appointed cabin with high-quality materials and a host of advanced technologies. The seats are comfortable and supportive, making long journeys a pleasure, while the infotainment system is intuitive and easy to use. On the road, the RX350h delivers a smooth and refined driving experience, with a comfortable ride and responsive handling. The hybrid powertrain provides instant torque for quick acceleration, while the electric motor helps to reduce noise and vibration levels, enhancing overall comfort. Overall, the Lexus RX350h is a solid choice for Australian buyers looking for a luxurious and efficient SUV that delivers on both performance and comfort.

Here’s what some of our customers had to say about Lexus RX350h...

Lexus RX350h Novated Lease FAQs

How much does a Lexus RX350h novated lease cost?

Is the Lexus RX350h eligible for novated lease tax benefits in Australia?

Can I choose my own novated lease provider for a Lexus RX350h?

What Lexus RX350h variants can be novated leased?

Is a novated lease better than buying a Lexus RX350h outright?

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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.