Save on a Ford Ranger with a novated lease

Find out how much you could save on the cost of your Ford Ranger with a novated lease.

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FORD RANGER novated lease tax savings

A FORD RANGER 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 FORD RANGER 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 FORD RANGER

You’ll also save thousands on the purchase price of your FORD RANGER 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.

FORD RANGER Novated Lease pricing includes

  • Registration and CTP
  • Fuel Card
  • Tyres
  • Repairs and Maintenance
  • Roadside Assist
  • Comprehensive Insurance

Find out more about what's included in a novated lease

Novated Pricing Includes

FORD RANGER Specs

Engine Type*

BI TURBO, TURBO CDI, PETROL TWIN TURBO

Transmission

10 SP AUTOMATIC

Body Type

DOUBLE CAB P/UP

Variants

WILDTRAK 2.0 (4x4), TREMOR, PLATINUM 3.0 (4x4), RAPTOR 3.0 (4x4)

*Engine type in order of variants above.

The variants in the above table qualify for a novated lease however the Ford Ranger Wildtrak 3.0 (4x4) does not. The ATO has a restriction on certain cars meaning passenger vehicles with a payload capacity above one tonne do not qualify for a novated lease.

FORD RANGER Pricing

VariantsPrice (ex On Road Costs)

WILDTRAK 2.0 (4x4)

$69,640

TREMOR

$69,690

PLATINUM 3.0 (4x4)

$80,640

RAPTOR 3.0 (4x4)

$90,440

A Ute with grunt

  • Great towing ability with a capable drive system
  • An easily accessible Ute with a competitive price point
  • Reliable parts and maintenance easily available
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How does a novated lease work?

Just like other forms of car finance, there are typically a number of payments over a fixed term, with a residual (or balloon) payment due at the end of the lease. Each party to the agreement – employer, employee, and financier – will play a specific role.

The employer

Agrees to make regular, automated payroll deductions from the employee’s pre-tax salary. Our expert team helps set everything up.

The employee

Agrees to pre-tax salary deductions, in exchange for the use of the vehicle. The vehicle can be used for business or entirely for personal use.

The financier

Procures the vehicle, establishes the lease and manages the administrative, contractual and compliance aspects of the transaction.

How does a novated lease work

Quick-fire novated lease questions

Learn more about how a novated lease works from start to finish. Our expert consultants can also answer any questions, so you can sign up with confidence.

Find my best dealFAQ questions

No, there is no minimum salary to get a novated lease.

Novated leasing approval is dependent on your capacity as a borrower much like traditional finance. This means you need to illustrate your ability to meet regular repayments over the term of the lease.

Chat with one of our experts about how much you may be able to borrow.

The term of the lease agreement is completely up to you.

Generally, terms of one to five years are available under a novated lease.

The length of the lease term will determine your repayments and your residual.

The amount you can borrow for a vehicle will vary depending on the lender.

In general, the minimum novated lease amount is $10,000, while higher amounts (up to $500k) are subject entirely to the repayment capacity of the applicant.

Chat with one of our experts about how much you may be able to borrow or check out our novated lease explained guide.

Yes, our team members are located all throughout Australia.

Our head office is in Sydney and we have further locations in Melbourne, Perth, Brisbane and Adelaide.

We can help with fully-maintained leases (where we manage the lease from start to finish) as well as self-managed novated leases.

Yes, you can buy a used car both privately or through a dealership.

Some financiers will allow the vehicle to be up to 15 years of age at least end.

Buying a used car from a dealership will also still see you save the GST on the purchase price. Find out more by visiting used cars through a novated lease

Salary sacrificing a car through a novated lease can be suitable for a business owner who is also an employee of their own company, but it’s only an option if the business owner is receiving a salary from the company they own.

If you are planning to leave your current employment to start your own business, you can transfer your novated lease, provided you are paying yourself a salary.

If you are self-employed – i.e. are not paid a salary or paying yourself a salary through your own company – you will need to look at alternative forms of vehicle finance.

You have a few options available at the end of your novated lease term:

Upgrade - most of our customers tend to upgrade their vehicle, your expert consultant can help you find the right upgrade for you and even help you sell your current vehicle to help pay out the residual. If the sale price is higher than the residual, you keep that profit - tax-free!

Extend - If you want to keep the same car and continue enjoying the tax savings, we can help you refinance the residual amount for another term of your choice.

Own outright - Pay the residual amount (including GST) at the end of the lease term to own the car outright

If you leave your job during the term of your novated lease, you will still be responsible for making the finance repayments on the vehicle.

The lease will be de-novated, where the running costs are removed from the agreement and repayments work much the same way as a standard car loan.

If you are going to a new employer who offers novated leasing as an employee, you may be able to transfer your novated lease over under a re-novation, or request Novated Lease Australia set up as a partner.

See your savings with a Novated Lease
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Our Office Locations

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Level 3, 201 Miller St, North Sydney, NSW, 2060, Australia

VIC

Suite 3, Level 2, 1 Taylor Street, Moorabbin, VIC, 3189 Australia

Company

Novated Lease Australia Pty Ltd

ABN: 69 659 639 004

ACN: 659 639 004

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