2024 VOLVO XC40
A premium electric SUV offering sustainable luxury and advanced technology.
Spacious Design
Zero Emissions
Quick Charging
Advanced Safety
Drive the Future Today With VOLVO XC40 Novated Lease
Drive the future today with a Volvo XC40 Novated Lease, combining sustainable luxury with significant tax savings. Enjoy quick charging, advanced safety features, and the financial benefits of a novated lease.
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Experience tax savings with a Volvo XC40 Novated Lease, where your pre-tax income funds the lease. This arrangement lowers taxable income, cutting your tax bill and making a Volvo XC40 more attainable in Australia.Experience tax savings with a Mercedes Benz EQB Novated Lease, where your pre-tax income funds the lease. This arrangement lowers taxable income, cutting your tax bill and making a Mercedes Benz EQB more attainable in Australia.
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Utilise pre-tax income for your Volvo XC40 lease and related expenses—charging, insurance, maintenance—maximising affordability. Benefit from additional EV government incentives and enjoy no FBT on Volvo XC40 models under $88k.
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Make the most of the federal government's fringe benefits tax (FBT) exemption for your Volvo XC40 choice, 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
What’s Included in Your VOLVO XC40 Novated Lease Pricing?
Upgrade Your Ride with Volvo XC40 Novated Leasing
Service and
Maintenance
Charging
Replacement
Tyres
Accident
Management
Registration
and CTP
Roadside
Assistance
Comprehensive
Insurance
Finance
Repayments
VOLVO XC40 Novated Lease Specs
Engine | Electric |
Transmission | 1 SP automatic |
Body Type | 4d wagon |
Varinats | 2024 Volvo XC40 Recharge Pure Electric 536 MY24A |
VOLVO XC40 Novated Lease Pricing
Total purchase cost of the car | Novated Leases | Car Loan |
Total On road costs (inc gst) | $81,677 | $81,677 |
Estimated per week cost | $231 | $383 |
Estimated savings overtime | $39,519 | N/A |
Experience Ultimate Flexibility with Volvo 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 Volvo 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 Volvo XC40 or any Volvo electric vehicle without any restrictions on usage. This flexibility ensures that your Volvo XC40 Novated Lease seamlessly integrates into your lifestyle.
Salary Packaging Simplified
Your journey to owning a Volvo XC40 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 Volvo, 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 Volvo 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 Volvo Novated Lease?
Let's Get Started!
Here are the steps to understand how the process works ➞
1
Choose your desired Volvo model right here.
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Simply fill out our Fast Form, and we'll schedule a call to start things off.
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Complete our credit application, and once approved, sign the lease documentation to move forward.
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We will email your employer the onboarding information, walk them through the process and they sign deed of activation.
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Upon finance settlement, your new Volvo will be on its way to you.
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We issue payroll advice to your department or supplier (e.g., Xero) to ensure seamless payment arrangements.
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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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A novated lease is a financial arrangement where your employer leases a car on your behalf, and the lease payments are deducted from your pre-tax salary, reducing your taxable income.
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The duration of a novated lease typically ranges from one to five years, depending on the agreement between you, your employer, and the leasing provider.
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No, a novated lease is not a loan. It is a three-way agreement between you, your employer, and the leasing company, allowing you to lease a vehicle with payments made from your pre-tax salary.
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If you leave your job, you generally have the option to transfer the lease to your new employer, take over the lease payments yourself, or pay out the remaining lease balance and the balloon payment.
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The cost to lease a Volvo XC40 in Australia varies based on factors such as lease duration, annual kilometres, and your employer’s arrangement with the leasing provider. Estimated cost per week with novated leasing is $231.
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Yes, comprehensive insurance is typically included in the novated lease package, ensuring you are covered throughout the lease term.
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Maintenance costs, including routine servicing, repairs, and tyre replacements, are generally included in the novated lease package, keeping your vehicle in top condition.
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At the end of the lease term, you must pay the full balloon payment if you wish to own the vehicle outright.
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Pick Your Dream Car, We'll Bring It to Your Doorstep
Dive Into Exclusive Perks with Our Stellar Novated Lease Offers! Elevate your leasing journey today. 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.