Choosing the right car for your novated lease can help you save thousands in running costs and tax each year. Whether you prefer a fuel-efficient hybrid, a sleek electric vehicle, or a practical SUV, the right model will make your novated lease even more rewarding.
At Fingo, we’ve rounded up some of the best cars Australians choose for novated leasing, from affordable everyday options to premium electric models that benefit from FBT exemptions and long-term savings.
The top 10 cars Australians choose for novated leasing
- Tesla Model Y
A favourite among Australian EV drivers, the Model Y offers strong range, advanced safety tech, and FBT-exempt novated lease benefits for eligible buyers.
- BYD Atto 3
One of the most affordable EVs on the market, the Atto 3 delivers great efficiency, a comfortable cabin, and excellent value through an EV novated lease.
- Hyundai Kona Electric
Compact, practical, and full of features, the Kona Electric is ideal for drivers who want to enjoy zero-emission driving without compromising comfort.
- Chery E5
With a 430 km range, premium features, and a weekly novated leasing rate starting from just $124.54*, the Chery E5 is one of the most cost-effective EV options available through Fingo.
- Chery Tiggo 8 Pro Hybrid
Perfect for families or fleet drivers, the Tiggo 8 combines hybrid efficiency with a luxurious seven-seat interior. It’s available from only $125.26* per week through a Fingo novated lease.
- Toyota Corolla Cross Hybrid
A long-standing favourite in Australia, this hybrid SUV is reliable, fuel-efficient, and perfectly suited for salary packaging or fleet use.
- Kia Niro EV
A stylish and efficient electric crossover with strong range and tech-rich comfort. Eligible for FBT exemption under current EV incentives.
- Mazda CX-5
A top choice for drivers who value premium quality and practicality. While not an EV, its excellent fuel economy makes it a strong performer under a novated lease.
- BMW i4 eDrive35
A luxury EV sedan that combines premium design with performance and long-range capability. A great option for professionals seeking comfort with tax savings.
- Polestar 2
Scandinavian design meets high performance. The Polestar 2 is FBT-exempt for eligible models, making it a top choice for executives and eco-conscious drivers.
Electric cars and novated leasing: what you need to know
Electric vehicles are becoming the most popular choice for novated leasing in Australia. Thanks to government incentives and EV FBT exemptions, you can enjoy major tax savings while contributing to a cleaner future.
With Fingo, you can include charging costs, insurance, and servicing in one simple pre-tax payment, making EV ownership easy and affordable. Check your potential savings with the novated lease calculator.
Best cars for small business owners and sole traders
If you are self-employed or run a small business, you can still enjoy many of the same benefits as employees through flexible car finance options.
Small business owners often choose:
- Hyundai Tucson Hybrid for its versatility and reliability
- Isuzu MU-X for towing and travel flexibility
- Toyota Hilux for durability and fleet-friendly running costs
Learn more about options for novated lease for sole traders or tailored salary packaging solutions.
Fuel-efficient cars that maximise novated lease savings
For drivers not ready to go electric, hybrid and fuel-efficient petrol cars can still deliver excellent results under a novated lease.
Top picks include:
- Toyota Camry Hybrid – Smooth, reliable, and a proven fuel saver
- Honda HR-V – Compact yet practical with low running costs
- Suzuki Swift GLX Turbo – A fun, light hatchback perfect for city commutes
Fuel efficiency directly reduces your running costs, which can enhance your overall tax benefit under salary packaging.
ICE vs hybrid vs EV: what’s the best choice?
When deciding between internal combustion (ICE), hybrid, or electric vehicles, consider:
- EVs offer the biggest tax benefits thanks to FBT exemptions.
- Hybrids balance lower fuel use with simple refuelling.
- ICE vehicles are initially cheaper but cost more to run and maintain.
A Fingo novated lease can help you compare the total cost of ownership and choose the model that fits your budget and driving needs.
Find your perfect novated lease car with Fingo
Whether you’re upgrading to an EV, switching to a hybrid, or choosing a reliable petrol model, Fingo makes the process simple. Our experts handle the quotes, approvals, and salary packaging setup for you.
Use the novated lease calculator to estimate your weekly payments and see how much you could save.
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