Hyundai Santa Fe 2024: Lease This 7-Seater with Hybrid Benefits and Tax Savings

The Hyundai Santa Fe 2024 brings a new design, a hybrid option, and more flexibility for drivers who need space for work, family, or both. If you're exploring novated leasing, this model fits the needs of employees who want more cabin space, strong safety features, and low cost-per-kilometre.

Leasing the Hyundai Santa Fe through a novated lease allows you to use pre-tax income to pay for the vehicle, running costs, servicing, rego, and insurance. For employees who need a reliable 7-seater or something for mixed city and regional use, this is one of the more practical vehicles now on the list.

Overview of the Hyundai Santa Fe 2024

The Hyundai Santa Fe 2024 is a 7-seat SUV built for drivers who need daily practicality and weekend flexibility. It’s available in petrol and hybrid versions, with new trim levels and design upgrades for 2024.

Models available in Australia include:

• Santa Fe (base trim)

• Santa Fe Elite

• Santa Fe Highlander

• Santa Fe Hybrid (Elite or Highlander variants)

The Hyundai Santa Fe Hybrid 2024 trims use a 1.6-litre turbo hybrid system with combined outputs suited for fuel efficiency and mid-range torque. These specs make it suitable for both city traffic and highway use.

2024 Hyundai Santa Fe Specs

The 2024 Hyundai Santa Fe specs vary slightly between petrol and hybrid versions, but core figures include:

• Engines

• 2.5L petrol (141kW / 246Nm)

• 1.6L turbo hybrid (169kW combined)

• Transmission

• 8-speed DCT (petrol)

• 6-speed automatic (hybrid)

• Fuel economy

• Petrol: 8.5–9.0L/100km

• Hybrid: 5.6–6.0L/100km (varies by trim and drivetrain)

• Drive type

• FWD or AWD depending on trim

• Towing capacity

• Up to 2,500kg braked

These specs position the Hyundai Santa Fe 2024 as one of the few large SUVs in Australia that can be leased with both performance and fuel savings in mind.

Hyundai Santa Fe Dimensions

The Hyundai Santa Fe dimensions changed with the new platform in 2024. The redesign added more space in the cabin and cargo area.

• Length: 4,830 mm

• Width: 1,900 mm

• Height: 1,720 mm

• Wheelbase: 2,815 mm

• Boot space:

• 571L with 3rd row down

• 1,649L with 2nd and 3rd rows down

These dimensions give the Santa Fe more usable cargo space than smaller 7-seaters like the Mitsubishi Outlander or Kia Sorento. That matters for lease customers who carry stock, gear, or travel long distances with luggage.

Hyundai Santa Fe 2024 Interior

The Hyundai Santa Fe 2024 interior has been redesigned with a flatter dashboard layout and larger displays across all trims. This includes:

• 12.3” digital cluster

• 12.3” infotainment touchscreen

• USB-C ports in all three rows

• Wireless Apple CarPlay / Android Auto

• Wireless charging pad

• Optional heated and ventilated seats (Highlander)

The second-row seats slide and fold, giving easy access to the third row. The third row is wide enough for adult passengers on short trips or children on long drives.

These layout upgrades help lease customers use the car for work and school runs. It’s also a good option for those replacing an older SUV or sedan with something more flexible.

Hyundai Santa Fe Hybrid 2024: Is It Worth It?

The Hyundai Santa Fe Hybrid 2024 is worth exploring under a novated lease if your focus is fuel savings, city driving, or low post-tax cost.

Benefits of the hybrid under a novated lease include:

• Lower fuel card usage

• Lower servicing costs over 3–5 years

• Possible reduced FBT (depending on employer policy)

• Quiet stop-start operation for city traffic

• Works well with pre-tax fuel and maintenance packaging

If you’re unsure whether to choose petrol or hybrid, your lease quote can include both versions side-by-side. This lets you compare repayment differences, residual values, and net salary impact.

You can also ask for lease simulations at 15,000km, 20,000km and 25,000km per year to see how usage affects total cost.

Novated Leasing the Hyundai Santa Fe 2024

What You Can Include in the Lease

When leasing the Hyundai Santa Fe 2024, your novated lease can include:

• Vehicle repayments

• Registration and CTP

• Fuel (via card or allowance)

• Servicing and scheduled maintenance

• Tyres and roadside assistance

• Comprehensive insurance

All of these are structured through your pre-tax and post-tax salary components. This allows for accurate budgeting and smoother payroll deductions.

Lease Term Options

Most novated leases for the Hyundai Santa Fe are between 3 and 5 years. The best lease term depends on:

• Your driving distance

• How long do you plan to stay with your employer

• What your employer allows under packaging

• Residual value rules and budget forecasts

Your lease quote should include residual value aligned with ATO guidelines. Ask your provider to show how the hybrid and petrol versions compare across lease terms.

Comparing Hyundai Santa Fe 2024 Trims for Leasing

Trim Level	Drivetrain	Fuel Use	Features	Lease Fit
Santa Fe Base	FWD Petrol	~8.5L/100km	Cloth seats, digital dash	Entry-level lease
Santa Fe Elite	AWD Petrol or Hybrid	~6.5–8.5L	Power tailgate, leather seats	Mid-range salary package
Santa Fe Highlander	AWD Hybrid	~6.0L	Ventilated seats, premium audio	Best for longer leases
Hybrid Elite	FWD Hybrid	~5.6L	Full hybrid features, low FBT	Fuel-efficient option

When to Lease the Hyundai Santa Fe

The Hyundai Santa Fe 2024 is a good lease option if:

• You need 7 seats for a family or carpool

• You do 15,000–25,000km per year

• Your employer supports full packaging

• You want to reduce out-of-pocket servicing costs

• You need a car that handles school, work, and weekend use

It’s not ideal for:

• Employers that restrict higher-value leases

• Drivers who do <10,000km/year

• Drivers who won’t stay with their employer long term

Get a Custom Lease Quote on the Santa Fe

The Hyundai Santa Fe 2024 combines cabin space, hybrid savings, and novated lease compatibility in one package. If you're comparing SUVs or large vehicles for work and home, this is one of the few options that ticks all boxes across drivetrain, layout, and tax efficiency.

Book a consultation with Novated Finance Australia to get a free quote tailored to your salary, lease term, and vehicle preference. Whether you’re leaning toward petrol or hybrid, we’ll build a quote that includes servicing, insurance, and fuel so you know exactly what it will cost.

FAQs

• Does the hybrid version cost more to lease than petrol?

  Sometimes. But fuel savings and lower servicing often balance out the higher RRP.

• Are all-wheel drive versions more expensive under lease?

  Slightly. The higher price may increase repayments, but only marginally.

• Can I fit child seats across the second row?

  Yes. The Santa Fe supports multiple anchor points and ISOFIX in key seating positions.

• Is it possible to salary-package accessories like a towbar?

  Yes, if included at the quote stage. Post-delivery accessories can’t usually be salary-packaged.
  

• Is servicing included if I get it done at Hyundai dealers only?

  Most lease packages include servicing at authorised centres. Check your provider’s service agreement.