BMW
iX1
TERM SAVINGS with novated lease: $50,440
Electric vehicle
2023 BMW iX1
U11xDrive30 xLine Wagon 5dr
Auto 1sp AWD 230kW
Drive the Future Today With BMW iX1 Novated Lease
Elevate Your Commute with a BMW iX1 Novated Lease. Experience the ultimate comfort of luxury & performance, while enjoying significant financial advantages. With Novated Finance, stepping into a BMW has become easier than ever.
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Experience tax savings with BMW iX1 Novated Lease, where your pre-tax income funds the lease. This arrangement lowers taxable income, cutting your tax bill and making a BMW EV more attainable in Australia.
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Utilise pre-tax income for your BMW iX1 lease and related expenses—charging, insurance, maintenance—maximising affordability. Benefit from additional EV government incentives and enjoy no FBT on BMW EV under $88k.
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Make the most of the federal government's fringe benefits tax (FBT) exemption for your BMW ix1, provided it's under the $89,332 luxury car tax (LCT) threshold for Electric Vehicles. This golden ticket means massive savings on the vehicle's price and its running costs.
And yes, the LCT makes the deal irresistible by including dealer delivery and accessories - but excludes the stamp duty, registration, insurance, and service plans. Drive the change, pocket the savings
Ready to take the next step? Get A Quote Now
What’s Included in Your BMW iX1 Novated Lease Pricing?
Upgrade Your Ride with BMW iX1 Novated Leasing
Service and
Maintenance
Charging
Replacement
Tyres
Accident
Management
Registration
and CTP
Roadside
Assistance
Comprehensive
Insurance
Finance
Repayments
Drive Your BMW iX1 with Novated Lease Perks
Choosing a BMW Novated Lease with Novated Finance sets you apart.
Here’s why:
Reduce your Taxable Income
Pay for Vehicle Running Costs out of Pre-Tax Dollars
Bundle Finance and Running Costs into one Fixed Payment
No FBT on Electric Vehicles (under $89,332)
Access to Cheaper Vehicle Purchase Prices
24/7 Accident Management & Roadside Assistance
Deals You Can’t Beat
Introducing our Price Match Promise – your ticket to locking in the best novated lease offers out there!
Here’s How It Works:
Found a Better Quote? Challenge Accepted!
Think you've found a sweeter deal elsewhere? Challenge us to match it! Our dedicated pricing team works tirelessly to ensure you get the best
of the best.
We’ll Beat It!
Not sure yet? Try for yourself! We are confident in our ability to keep you rolling in savings.
Hassle-Free, Pressure-Free
We're not here to pressure you into a deal. Our focus is on providing you with the best prices and the best service, period.
2023 BMW iX1 Specs & Pricing
Electric vehicle
U11xDrive30 xLine Wagon 5dr
2023 BMW iX1
Auto 1sp AWD 230kW
| Total purchase cost of the car | Novated Leases | Car Loan | |
|---|---|---|---|
| TOTAL ON ROAD COSTS (Inc. GST) | $86,167 | $86,167 | |
| ESTIMATED PER WEEK COST | $271 | $465 | |
| ESTIMATED SAVINGS OVER TERM | $50,440 | N/A | |
** Quotes based on $100k salary, NSW, 5 year term, 15,000kms per annum travel.
Ready to make a smart choice? Reach out for a quote today!
Experience Ultimate Flexibility with BMW Novated Leasing – a smart, government-endorsed strategy, approved by the Australian Taxation Office (ATO), designed to put you behind the wheel of a brand new BMW electric vehicle.
Here’s how it works 🠖
How Does It Work?
Drive On Your Terms
Whether it's for business trips or personal adventures, enjoy the complete freedom to use your BMW iX1 without any restrictions on usage. This flexibility ensures that your BMW Novated Lease seamlessly integrates into your lifestyle.
Salary Packaging Simplified
Your journey to owning a BMW becomes even smoother with pre-tax salary deductions. This means your employer arranges for a portion of your pre-tax salary to be used towards the lease payments of your BMW iX1, optimising your tax position and maximising savings.
Effortless Payments With Direct Debit
To streamline the process, your employer's account is directly debited by Novated Finance Australia for the lease payments. This hassle-free arrangement ensures timely payments without any manual intervention, making the BMW Novated Lease an incredibly convenient option for both you and your employer.
How To Set Up Novated Leasing?
Ready to Elevate Your Drive with a BMW Novated Lease?
Let's Get Started!
Here are the steps to understand how the process works ➞
1
Choose your BMW model right here.
2
Simply fill out our Fast Form, and we'll schedule a call to start things off.
3
Complete our credit application, and once approved, sign the lease documentation to move forward.
4
We will email your employer the onboarding information, walk them through the process and they sign deed of activation.
5
Upon finance settlement, your new BMW will be on its way to you.
6
We issue payroll advice to your department or supplier (e.g., Xero) to ensure seamless payment arrangements.
Frequently Asked Questions
Explore our detailed FAQ list for smart driving insights. Need more help? Call us now and our dedicated team will be ready to assist you.
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Yes. Get in touch to get a quote now.
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Here's how to BMW iX1 novated lease work:
Step 1: Choose Your BMW iX1
Select the BMW iX1 model.
Step 2: Quick Connect
Complete our easy and quick form, and we'll schedule a call to discuss your leasing options and answer any questions.
Step 3: Credit Approval
Submit your credit application and, upon approval, sign the lease documents to move one step closer to your BMW iX1.
Step 4: Employer Coordination
We'll send the onboarding details to your employer, guide them through the activation process, and get the deed signed.
Step 5: Finalise and Deliver
Once finance is settled, we'll arrange for the delivery of your BMW iX1 directly to you.
Step 6: Seamless Payroll Integration
We'll provide your payroll department or external provider (like Xero) with all necessary payroll advice for a smooth transition
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A novated lease can cover fuel expenses, but it's essential to clarify this with your employer and review the terms of your specific lease agreement.
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In most instances a Novated lease is worth it as it can offer tax benefits and convenience. However, is it always important to assess your own financial situation before proceeding with any finance product.
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Our estimation for BMW iX1 novated lease is based on $150,000 salary, 60 month term & car travelling 10,000kms per annum
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Yes, finance is subject to approval from the financier who will conduct a credit check
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Upon lease completion, select from three options:
1. Commence a new lease
2. Refinance the residual value
3. Own the vehicle outright
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You can often pay off a novated lease early, but it's essential to check the terms and conditions of your specific lease agreement, as some may have penalties or restrictions for early termination.
Ready To Drive Smart & Save Big?
Explore Our Exclusive Deals Now
Pick Your Dream Car, We'll Bring It to Your Doorstep
Get Exclusive Perks with Our Incredible Novated Lease Offers! Find your perfect match in our latest deals, tailored to fit your financial vision and driving dreams. Let's get you on the road to savings and style.
