Our tool for managing your permission to our use of cookies is temporarily offline. Therefore some functionality is missing.
MINI NOVATED LEASE. POWERED BY SMART™ LEASING YOUR MINI. MAX BENEFITS.
WHAT'S A MINI NOVATED LEASE?
Your employer will make the lease payments from your pre-tax salary, potentially reducing your taxable income while putting you in the driver’s seat of the MINI you love.
WHY CHOOSE A MINI NOVATED LEASE.
Max Tax Benefits:
- You could reduce your taxable income.
- Pay for your MINI from your pre and post-tax salary.
- Save on GST both in relation to the vehicle and running costs.
Big MINI Benefits:
- Choose from the entire MINI range, from the adventurous Countryman to the all-electric Aceman.
- Expert support from our MINI Finance Specialists for the life of your lease.
- MINI Guaranteed Future Value with the opportunity to handback your vehicle at the end of your lease.
- Enjoy the flexibility to trade-in, offer to pay it out and keep the vehicle, or return your MINI when your lease ends, applying the MINI Guaranteed Future Value.
The Smart™ Advantage: Total Cost Management and Simplicity
- The opportunity to bundle all vehicle expenses into one convenient payment, including running costs, fuel, insurance and maintenance.
- The convenience of budgeted, regular payments.
- One simple payment covers everything.
- Transparent online management of your lease.
- Professional administration handles all the details.
Big on flexibility.
Find a lease that works for you.
FINANCE LEASE
How It Works:
A Finance Lease allows you to drive a MINI in exchange for regular rental payments over a fixed term, typically 24-60 months. At the end of the term, you have a range of options.
Key Benefits:
Business Focus: Excellent for business use with potential tax savings for business-related vehicle expenses.
Preserved Capital: Keep your capital free for other investments and business needs.
Flexible End of Term: Choose to refinance the residual (subject to finance approval), offer to pay it out and keep the vehicle, or upgrade to a new MINI.
MINI Guaranteed Future Value: More options at the end of the agreement.
Is It Right For You?
Finance Leasing is best suited for:
- Business owners and companies.
- Businesses looking for potential tax advantages.
MINI NOVATED LEASE POWERED BY SMART™
How It Works:
A fully maintained novated lease includes all vehicle running costs which could be GST free. For an EV vehicle that is exempt from FBT, running costs can be bundled into one convenient pre-tax payment, creating a package with maximum benefits. For all other vehicles, it can be a combination of pre-tax or post-tax payments.
Key Benefits:
- All-Inclusive Package: Running costs including fuel, insurance, registration, maintenance and roadside assistance in one payment.
- Tax Efficient: For an EV vehicle that is exempt from FBT, all bundled costs are paid from pre-tax salary, potentially maximizing tax savings. For all other vehicles, bundled costs can be a combination of pre-tax or post-tax payments, which could also mean tax savings.
- GST Savings : Save GST both in relation to the vehicle and running costs.
- Budget Certainty: the convenience of planned, regular payments.
- Simplified Administration: Online portal to manage all aspects of your lease.
- MINI Guaranteed Future Value: More options when your lease ends.
What's Included.
This may vary based on the benefits offered to you by your employer, but it may generally include:
- Vehicle Finance: The core lease payments for your chosen MINI.
- Fuel & Charging: All fuel or charging costs for electric MINI models.
- Insurance: Comprehensive vehicle insurance coverage.
- Registration & CTP: Annual registration and compulsory third party insurance.
- Servicing & Maintenance: Scheduled servicing and repairs.
- Tyres: Replacement when needed.
- Roadside Assistance: 24/7 emergency support.
- MINI Service Inclusive: Manufacturer-backed service support.
Is It Right For You?
Fully maintained novated leasing is best suited for employees of companies that offer salary packaging.
How It works.
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| CHOOSE YOUR MINI | CUSTOMISE YOUR PACKAGE | APPROVAL PROCESS | DRIVE AWAY | END OF LEASE OPTIONS |
| From the larger than life Countryman to the iconic MINI Cooper, pick the new MINI that you’ve got your eye on. | Work with our experts to structure a fully maintained novated lease that fits your budget and includes all the running costs you need. | Once your employer agrees to the arrangement, we handle all the paperwork. | Take delivery of your new MINI and love your drive, while we take care of the rest. | When your lease ends, you can choose to return your MINI and take advantage of the Guaranteed Future Value, offer to trade in for a new MINI model, offer to purchase the MINI or extend your lease term (subject to approval). |
Assistance and information
BEYOND FINANCE INTO THE MINI EXPERIENCE.
APPLY FOR FINANCE ONLINE.
Get a Fast Finance Estimate for your dream MINI in less than 3 minutes. You’ll find out the monthly repayments, interest rate and more based on what you’d like to spend.
MINI FLEX.
Guarantee the future value of your new or pre-loved MINI.
INSURANCE.
Insurance requirements can be as unique and individual as your vehicle – that’s why MINI Premier Motor Insurance has been developed with MINI owner’s in mind.
Let us help you plan.
SUPPORT
WE ARE HERE TO HELP.
Whether you are looking for support updating your details, managing your repayments or need to discuss your options at end of term, we have you covered.
CONTACT MINI FINANCE.
MINI Financial Services is committed to providing products and services of the highest standard.
CONTACT YOUR MINI GARAGE.
Your Business Manager at your MINI Garage will work with you to help you understand your options. Call us on 1800 208 508, or use the form below and we’ll get back to you as soon.
ONE APP.
Here you can easily access important documents and manage your agreement at any time. Register now or log in using your details.
Terms & Conditions
Fees, conditions and eligibility criteria apply.
With BMW Full Circle, when you return the vehicle to us, its value is locked in so your termination liability is not affected by fluctuations in value, provided the vehicle is undamaged except for fair wear and tear as determined by our approved dealer and provided that the contracted kilometre allowance has not been exceeded. The Guaranteed Future Value is not a representation of the anticipated market value of the vehicle at the end of the contract term. To be eligible, vehicles must be built within 18 months and odometer cannot exceed 10,000km at contract commencement.
The information here is of a general nature and for your information only. Tax savings and cost to take-home pay are: (a) indicative and estimates only; and (b) can vary depending upon personal circumstances. Savings results should not be taken as a substitute for independent professional taxation and financial advice and tax advice is recommended as to any potential incentives and benefits that may be available in relation to novated leasing of electric vehicles.
Novated leasing finance is provided by BMW Australia Finance Pty Ltd (ACN 007 101 715). Salary packaging and novated leasing administration services are provided by Smartsalary Pty Ltd (ACN 24 096 796 100) and Autopia Management Pty Ltd (ACN 111 369 049), which are Smart™ companies.