Space, Safety & Smarts All Start with an MG Novated Lease
Born in Britain and reimagined for today’s roads, MG has transformed from a legacy of sporty models into one of the country’s fastest-growing car brands — and it’s easy to see why. MG offers the kind of smart, stylish and affordable vehicles that tick all the right boxes for Aussie drivers.
With bold design, clever tech and class-leading features packed into every model, MG suits everything and everyone, from city cruising couples to that much-needed family road trip. Whether you're drawn to the all-electric MG4, the family-ready ZS EV or the ever-reliable HS Plus EV, MG combines comfort, practicality and forward-thinking features without the price tag. And what's more, you can make it even more affordable with a novated lease.
Savvy Driving with an MG novated lease
A novated lease with MG transforms the way you pay for your vehicle. Novated leasing is a type of ‘salary sacrifice’ that takes repayments out from your pre-tax salary – effectively lowering your taxable income.
With a novated lease, you can roll your servicing, rego, insurance and even charging or petrol costs into one predictable payment. It's a budgeting win for busy families and a welcome alternative to shelling out a lump sum upfront. Driving your dream car has never felt so achievable.
Plug into More Savings with EV Novated Leases
Who says you can’t save and upgrade to electric at the same time? With the MG ZS EV and MG 4 eligible for novated lease benefits and fringe benefits tax exemptions, this could be the most cost-effective way to drive an EV in style. Run the numbers through our lease calculator and see how MG’s electric vehicles stack up.
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Frequently Asked Questions
Do you actually save money with an MG novated lease?
What sets a novated lease apart from a regular car loan? It's all in the tax savings. With a novated lease, you skip the GST on the purchase price and make payments from your pre-tax salary, helping you hold onto more of your income. By contrast, car loans are paid with after-tax dollars and will have you paying GST. This is the reason why many novated leases come out cheaper than car loans.
What happens after 5 years of an MG novated lease?
Near the end of your novated lease, your provider will send through a payout summary, including the residual value of your car. That’s the figure you’ll need to settle if you’d like to keep the keys for good. You can choose to buy the vehicle, roll the residual into a new lease term, or start fresh with a different car entirely. It’s all up to your preferences and financial goals.
What is the best length for an MG novated lease?
Many Aussies prefer 2-5 years for the flexibility. Longer terms reduce monthly payments, while shorter ones give you the chance to upgrade sooner. The best way to decide is to work out a realistic budget based on your lifestyle and plans.
Save thousands in tax by driving your dream car
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