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MG Novated Lease

Discover great deals on MG cars with a novated lease from Paywise

If you’ve been thinking about buying a new MG car, you can save thousands on your next car purchase with Paywise. View the range of MG cars below then get in touch to discover how much you can save through a Novated Lease.

Calculate the savings on your new MG car lease

Calculate Your Novated Lease Savings

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Summary

Car Type Small
Fuel Type Petrol
Vehicle Cost
Car Kilometres
Car Lease Term

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Total Weekly Cost: $

Savings per term: $

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Current featured MG models available through a Novated Lease

Browse all our available MG car models including the iconic MG3 and their range of electric vehicles.
Don’t see your favourite MG model? Simply let us know and we can order it in for you!

MG MG3 Hatchback

MG MG4 Electric

MG ZS SUV

MG HS

MG MG5

MG ZST

MG MG4 Electric XPower

MG ZS EV SUV

MG HS Plus EV SUV

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FBT Exemption for MG Electric Cars

Good news if you’ve been thinking about buying an MG electric car. Under the Federal Government’s Electric Car Discount, eligible battery electric vehicles, including the popular range of MG electric models such as the MG ZS EV and MG4 EV, which benefit from a full Fringe Benefits Tax (FBT) exemption when Novated Leased, as long as the vehicle’s drive-away price is below the current Luxury Car Tax threshold.

This means that, unlike traditional Novated Leases where FBT can apply to the private use of a company car, qualifying MG electric cars can be salary packaged with no FBT impact, potentially increasing your take-home pay and reducing the overall cost of leasing. It’s important to note that this applies to pure battery electric vehicles (BEVs). From 1 April 2025, newly leased plug-in hybrid electric vehicles (PHEVs) will no longer qualify for the FBT exemption, though existing qualifying leases may retain the concession for their remaining term if eligibility criteria are satisfied. With help from Paywise, you can take full advantage of this Government incentive with MG’s electric lineup on a Novated Lease.

Learn more about Novated Leasing and how it works

Spend your time doing the things that make you happy without worrying about budgeting. A Novated Lease makes it a breeze to finance your own car, with no minimum salary or deposit required.

Take advantage of the FBT exemption on MG’s range of EVs or upgrade your current vehicle with an MG Novated Lease. Not only is the finance on your next vehicle covered, expenses such as lease payments, fuel, registration, servicing, maintenance, comprehensive insurance, and even roadside assistance are all covered in your novated lease arrangement.

Reach out to one of our Novated Lease experts to get started.

Maximise your take-home pay

Reduce your taxable income by Salary Packaging a portion of your weekly, fortnightly, or monthly gross salary towards your MG Novated Lease.

Get the best deal with our networks and buying power

Don’t waste time shopping around online or at your local MG dealerships, when you can leave it up to us to find the best MG model and vehicle that suits you.

All running costs included

Save on insurance, servicing, tyres and registration – they’re all budgeted for and included in your fortnightly or monthly payments! 

Save on GST

When you Salary Sacrifice your MG, you reduce the GST payable on the purchase price of the car and save on GST on the running costs.

Get more leasing options and flexibility

We provide you with different options throughout your lease term. Whether you want to purchase, sell, or refinance at the end of the lease, the choice is yours! 

Contact us today!

Frequently Asked Questions

Can I choose any MG model under a Novated Lease?

With Paywise, you can choose any MG model for your Novated Lease. This gives you the flexibility to choose from the diverse MG range, whether you’re considering the zippy MG3 Hatchback or looking to make the switch to an electric vehicle with the MG4, ZS or HS EV models. The choice is yours!

Who can apply for an MG Novated Lease?

If you are an Australian employee in a full-time or permanent part-time position receiving a salary and benefits package, you can apply for an MG novated lease.

Can I add optional extras or accessories to my MG under a Novated Lease?

Absolutely. Paywise allows you to personalise your MG by adding optional accessories or extras. The overall costs of these additions are then integrated into your lease payments, enabling a seamless customisation experience.

What happens at the end of the MG Novated Lease term?

Once your MG Novated Lease term with Paywise has ended, you have multiple options: refinance the residual value to continue leasing, return the vehicle, or purchase the vehicle outright. Regardless of what you’re thinking or if you’re not sure which option is best, It’s recommended to discuss with Paywise as your lease approaches its end to determine the most appropriate choice for your circumstances.

How much is it to lease an MG on Salary Sacrifice?

 

The cost of leasing an MG on Salary Sacrifice depends on a number of factors such as the chosen MG model, the duration of the lease, the residual value at the lease’s termination, and any added extras or accessories. For a better idea and an accurate quote on how much it is to lease an MG on Salary Sacrifice, get a quote from Paywise today.