Mitsubishi Novated Lease: Affordable Models Worth Considering

When selecting a vehicle that blends affordability, reliability, and practicality, Mitsubishi consistently stands out in Australia. Whether you're considering the adventure-ready Mitsubishi Triton, the hybrid Mitsubishi Outlander PHEV, or the compact ASX, Mitsubishi has something for everyone. A Mitsubishi novated lease could be the perfect solution for Australians seeking a cost-effective way to drive one of these high-quality vehicles.

This blog delves into what a Mitsubishi novated lease entails, the top Mitsubishi models available, the advantages of choosing a novated lease, and how you can maximise savings. By the end, you'll be equipped with the knowledge you need to make an informed decision about leasing a Mitsubishi.

What Is a Mitsubishi Novated Lease?

A novated lease is an arrangement between you, your employer, and a finance provider where the lease payments for your vehicle are made through your pre-tax income. This provides a significant tax advantage as it reduces your taxable income, potentially lowering income tax payments.

In a Mitsubishi novated lease, you can select from various Mitsubishi models and lease the car of your choice for a specified period, usually between 1 and 5 years. The lease payments are made by your employer directly to the finance provider. You can buy the vehicle, extend the lease, or return it at the end of the lease term.

The novated lease structure works particularly well for those who need a reliable vehicle but prefer to spread out the costs while benefitting from tax advantages. Whether you're looking for a family-friendly SUV or a rugged ute, Mitsubishi offers some fantastic options for your next novated lease.

Top Mitsubishi Models for Novated Leasing

When it comes to choosing a vehicle for a novated lease, Mitsubishi offers a range of models that cater to different needs. Below are some of the top Mitsubishi models available for novated leasing:

Mitsubishi Outlander PHEV

The Mitsubishi Outlander PHEV (Plug-in Hybrid Electric Vehicle) is an excellent option for Australians who want the benefits of an electric vehicle with the flexibility of a hybrid. The Outlander PHEV offers low emissions and impressive fuel efficiency while maintaining the practicality and space of a family SUV.

For those looking to reduce their carbon footprint, the Outlander PHEV combines a petrol engine with an electric motor, allowing you to switch between the two for maximum efficiency. Its spacious interior, modern technology, and ample cargo space make it a perfect fit for families or those who frequently drive long distances.

Leasing a Mitsubishi Outlander PHEV through a novated lease can provide you with the benefits of driving a more eco-friendly vehicle while saving on tax. With an increasing focus on hybrid and electric cars in Australia, the Outlander PHEV is an excellent choice for those looking to embrace the future of driving.

Mitsubishi Triton

The Mitsubishi Triton is one of Australia's favourite utes. The Triton is known for its reliability, towing capacity, and practicality and is ideal for work and recreation. Whether you're using it to transport gear for a job site or to embark on weekend adventures, the Triton has the versatility to handle it all.

The Triton features a powerful engine, a rugged design, and exceptional handling on rough terrain. It also comes equipped with a suite of modern technology features, including a user-friendly infotainment system and advanced safety features, making it a top choice for drivers who need a reliable workhorse.

Leasing a Mitsubishi Triton through a novated lease can save you money while giving you access to a dependable, high-performing vehicle. The tax benefits provided by the novated lease also make it an excellent option for those who want a vehicle that can handle tough jobs without breaking the bank.

Mitsubishi ASX

For those seeking a compact and affordable SUV, the Mitsubishi ASX is a perfect choice. This stylish and practical vehicle is well-suited for urban driving and weekend getaways. With its efficient fuel economy and comfortable ride, the ASX is ideal for individuals or small families who want an economical vehicle without sacrificing style or performance.

The ASX comes with advanced safety features, including automatic emergency braking and lane departure warning, which make it an excellent option for drivers who prioritise safety. With its competitive pricing and low running costs, the ASX can also provide excellent value when leased through a novated lease.

Leasing the Mitsubishi ASX is a smart way to drive a modern, well-equipped SUV while benefiting from tax savings and lower upfront costs. It's an excellent option for those who need an affordable yet capable vehicle for their daily commute or occasional adventures.

Mitsubishi Pajero Sport

If you're looking for an SUV that can handle off-road adventures while offering the comfort and space of a family vehicle, the Mitsubishi Pajero Sport is a fantastic choice. Designed for those who love to explore the great outdoors, it is equipped with a 4WD system that can easily take you off the beaten track.

With seating for seven and a spacious boot, the Pajero Sport is perfect for family trips or weekend camping adventures. Its powerful engine, coupled with advanced safety features, makes it an excellent choice for those who need a vehicle that can handle challenging terrains while keeping passengers safe and comfortable.

Leasing the Mitsubishi Pajero Sport provides a way to access a premium 4WD vehicle while reducing your taxable income. If you're an adventure seeker who needs a reliable vehicle for off-road trips, the Pajero Sport is worth considering for your novated lease.

Advantages of Leasing Mitsubishi Models

Leasing a Mitsubishi vehicle through a novated lease offers several advantages over purchasing a car outright. Some of the key benefits include:

Cost-Effective Ownership

Opting for a novated lease can reduce the financial burden of purchasing a new vehicle. The regular lease payments, made through your pre-tax income, make it easier to budget for the car's running costs, such as fuel, maintenance, and insurance.

Simplified Maintenance

Many novated leases include the cost of maintenance and servicing, meaning you don't have to worry about unexpected repair costs. This helps keep your vehicle in top condition without any additional expenses.

Access to Newer Models

Leasing a Mitsubishi vehicle means you can drive the latest models without a long-term commitment. After the lease term ends, you can choose to lease a new car, keeping you up-to-date with the latest technology and features.

No Depreciation Worries

One of the biggest concerns with purchasing a new car is depreciation. With a novated lease, you don't need to worry about the car's resale value as you're only paying for the use of the vehicle during the lease term.

Current Mitsubishi Offers

Mitsubishi regularly offers attractive deals on their models, making it a great time for Australian drivers to consider a Mitsubishi novated lease. These special offers can help reduce the overall cost of leasing, allowing you to access a reliable, stylish vehicle without breaking the budget. Whether you're interested in the versatile Mitsubishi Outlander PHEV or the rugged Mitsubishi Triton, seasonal deals, cashback offers, or discounted rates are often available.

One of the standout features of Mitsubishi's offers is the flexibility in the types of vehicles included. From the family-friendly Mitsubishi Outlander to the off-road-ready Mitsubishi Triton, there's something for every kind of driver. Promotions often include competitive interest rates, reduced monthly lease payments, or even bonus accessories for certain models.

If you're considering leasing a Mitsubishi Outlander PHEV or Mitsubishi Triton, now might be the perfect time to take advantage of Mitsubishi's current offers. These deals can significantly reduce your upfront costs and monthly payments, making it even easier to get behind the wheel of your ideal Mitsubishi vehicle.

Be sure to check with your leasing provider for the most up-to-date information on available deals and to confirm if your chosen model qualifies for any special offers.

Using a Mitsubishi Novated Lease Calculator

A Mitsubishi novated lease calculator is an essential tool to help you estimate your lease payments and determine the overall cost of your lease. It factors in important elements like the vehicle's price, the length of the lease, and any additional costs, including running costs and maintenance.

By using the calculator, you can tailor your lease to fit within your budget and lifestyle. It's a great way to get an accurate picture of what your monthly payments will be and how much tax you can potentially save.

Mitsubishi Lease Deals in Australia

Mitsubishi offers various lease deals throughout the year, and by shopping around, you can find competitive rates and attractive packages. Many Mitsubishi dealerships in Australia partner with finance providers to offer flexible terms, low interest rates, and special deals for novated leases.

To find the best lease deal, it's essential to compare different offers, consider the terms of the lease, and work out how the deal fits within your budget. Often, finance brokers can help secure better deals and provide expert guidance to ensure you get the best possible outcome.

Why Choose a Mitsubishi Novated Lease?

Leasing a Mitsubishi vehicle is a great option for Australians looking for a cost-effective, reliable, and versatile car. With a wide range of models to choose from, Mitsubishi offers something for everyone, whether you need a rugged ute, a family-friendly SUV, or a compact, fuel-efficient car.

By choosing a novated lease, you can enjoy the benefits of driving a brand-new vehicle while also saving on tax and reducing your financial strain. Whether you're after a practical commuter car, a family vehicle, or an adventure-ready 4WD, Mitsubishi has you covered.

Conclusion

Mitsubishi novated leases offer an affordable and tax-effective way to drive some of Australia's most popular and reliable vehicles. There's a Mitsubishi for every lifestyle, from the eco-friendly Outlander PHEV to the rugged Triton and the family-friendly Pajero Sport. By opting for a novated lease, you can drive a top-quality vehicle with predictable payments, maintenance included, and no depreciation concerns.

Novated Finance Australia is here and ready for you to explore Mitsubishi novated lease options. Contact us today to find the best lease deal for your needs and drive away in a brand-new Mitsubishi without the hassle!

FAQs

• 1. What is a Mitsubishi novated lease?

  A Mitsubishi novated lease is a tax-effective car lease arrangement between an employee, employer, and a finance company. It allows employees to lease a vehicle with payments deducted from their pre-tax income, potentially reducing taxable income.

• 2. How does a Mitsubishi novated lease work?

  In a Mitsubishi novated lease, the employee chooses a vehicle and signs an agreement. The employer makes the lease payments on the employee's behalf, which are typically deducted from pre-tax income, which can result in tax savings.

• 3. Can I use a Mitsubishi novated lease for a used vehicle?

  Yes, you can lease a used Mitsubishi vehicle through a novated lease as long as it meets the required age and condition criteria. The vehicle must comply with the specific guidelines set by the finance provider.

• 4. What are the benefits of a Mitsubishi novated lease?

  The main benefits include tax savings, reduced upfront costs, and access to a new car. Additionally, the lease may cover running costs like fuel, maintenance, and insurance, all conveniently bundled into one payment.

• 5. How do I calculate the cost of a Mitsubishi novated lease?

  You can use a Mitsubishi novated lease calculator to estimate monthly payments. The calculator factors in the vehicle's price, lease term, interest rate, and any additional costs like maintenance and insurance to give an accurate cost estimate.