Novated Lease

*All eligible vehicles must be delivered before 31/12/2024 (unless extended), or while stocks last. Displayed price only available when you enter a novated lease with Skoda Financial Services (SFS) ABN 20 097 071 460, Australian Credit Licence Number 389344, which is administered by Oly Pty Ltd ABN 69 674 252 629 (Oly) in NSW. Vehicle prices in other states may vary. Weekly costs have been determined based on the following: 1) The lease is an Oly fully maintained lease, 2) 5 year term, 3) A residual value of 28.13% vehicle purchase price payable at the end of term, 4) Inclusion of finance and budgeted costs for: fuel or electricity, 4 replacement tyres, servicing, registration, CTP and comprehensive insurance, 5) Gross annual salary is $90,000. 6) Vehicle purchased in NSW, 7) 15,000km per annum, 8) Salary Sacrifice using Employee Contribution Method (ECM). The Fringe Benefits Tax Exempt Method is only used for eligible electric vehicles under the luxury car tax threshold of $91,387. The indicative price quoted for the novated lease is based on vehicle quotations obtained by Oly within the last 45 days before first publication of this ad and does not include any optional extras. Any optional extras that you choose will affect the cost of the novated lease and residual value. If you purchase the vehicle on termination of the novated lease, GST will apply on the purchase price you pay at that time. The novated lease offer is based on the assumptions outlined above, and is an indicative cost approximation for the selected vehicle and model shown and the amounts may change at the time the novated lease quotation is completed and finalised. Your individual circumstances have not been taken into account as this will affect the overall weekly cost amount and the benefits of a novated lease. These specials cannot be used in conjunction with any other offer. From 1 April 2025, a plug-in hybrid electric vehicle will not be considered a zero or low emissions vehicle under the FBT legislation. However, you can continue to apply the exemption if both the following requirements are met: 1) Use of the plug-in hybrid electric vehicle was exempt before 1 April 2025. 2) You have a financially binding commitment to continue providing private use of the vehicle on and after 1 April 2025. For this purpose, any optional extension of the agreement is not considered binding. Oly may pay and/or receive a commission from SFS in connection with a novated lease.

^ Savings shown are indicative and reflect estimated tax savings over the full-term of the lease. The indicative total amount saved is a comparison between a novated lease based on the assumption outlined above and the purchase of a vehicle and payment of running and maintenance costs using post-tax earnings. Actual savings will depend on your personal circumstances. Oly and SFS recommends that you seek independent financial and taxation advice.