BMW XM novated lease tax savings
A BMW XM novated lease lets you finance the vehicle and running costs in a tax-efficient way:
Pay using your pre-tax salary
The payments on your BMW XM will be made from your salary before tax is deducted. You can also pay for car running costs this way to maximise the savings.
GST savings on your BMW XM
You’ll also save thousands on the purchase price of your BMW XM thanks to the GST tax credit available on a novated lease. You can save up to a maximum of $6,191 in GST (cars up to $68,108 in FY 2023/24 – above this amount, the GST saving is capped at $6,191).
You can benefit from GST savings on your packaged car running costs too.
BMW XM Novated Lease pricing includes
- Registration and CTP
- Charging costs
- Tyres
- Repairs and Maintenance
- Roadside Assist
- Comprehensive Insurance
Find out more about what's included in a novated lease.
)
BMW XM Specs
| Engine | TWIN TURBO DIR F/INJ |
|---|---|
| Transmission | 8 SP AUTO STEPTRONIC SPRT |
| Body Type | 4D WAGON |
| Variants | M xDRIVE PHEV, LABEL PHEV, RED EDITION PHEV |
BMW XM Pricing
| Variants | Price (ex On Road Costs) |
|---|---|
M xDRIVE PHEV | $302,200 |
LABEL PHEV | $344,200 |
RED EDITION PHEV | $349,900 |
How can Novated Lease Australia help?
Apply for a novated lease quote today and one of our expert consultants will take you through your options and the potential savings.
Then if you decide to proceed, we’ll walk you through the process of getting your novated lease set up from start to finish.
Just enter some simple information to get started and we’ll find the right BMW XM novated lease deal for you.
See how much you could save with a Novated Lease
Find my best deal
