^ Disclaimer

^ Displayed price is only available through a novated lease administered by Oly. Estimated costs have been determined based on the following assumptions:

1) The example assumes that the car is an eligible zero or low emissions vehicle,

2) The lease is an Oly fully maintained lease,

3) A 5-year lease term,

4) A residual value of 28.13% of the vehicle purchase price payable at the end of term,

5) The interest rate used to calculate the weekly lease payment (in the case of a novated lease) and the weekly repayment (in the case of a car loan) is the same,

6) Gross annual salary of $90,000,

7) An annual distance travelled of 15,000kms,

8) The value of the car at the first retail sale was below the luxury car tax threshold of $91,387 for fuel efficient vehicles,

9) The car is first held and used on or after 1 July 2022, and

10) The vehicle is purchased in NSW.

Additionally, the estimated annual operating costs includes estimates of fuel/electricity, maintenance, four replacement tyres, registration, CTP and comprehensive insurance, roadside assistance, and fleet management fee have been calculated on a GST exclusive basis, on the assumption that your employer will be entitled to GST input tax credits and that they will pass on the benefit to you. GST is payable on your ECM contributions. State Stamp Duty rates apply. PAYG tax rates effective 1 July 2024 have been used. The indicative price quoted for the novated lease is based on vehicle quotations received on 1 June 2024 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 the 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 assumption outlined above and is an indicative cost approximation of the selected vehicle and model stated 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. Savings shown are indicative and reflect estimated tax savings over the full-term of the lease. The 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 and may vary depending on the vehicle model and price. Oly recommends that you seek independent financial and taxation advice.