BMW iX1

A BMW iX1 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 iX1 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 iX1

You’ll also save thousands on the purchase price of your BMW iX1 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 iX1 Electric Vehicle FBT Exemption

If that wasn't enough, you can also take advantage of the federal government's fringe benefits tax (FBT) exemption for zero and low emission vehicles on eligible BMW iX1 variants below the luxury car tax threshold ($89,332 for EVs/PHEVs in 2022/23 financial year).

This means you could save thousands more on the cost of the vehicle itself AND eligible running costs.

The LCT threshold includes dealer delivery and accessories, but excludes stamp duty, registration, insurance and service plans.

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 iX1 novated lease deal for you.