Ford Ranger vs Mazda CX-5 — Novated Lease Comparison
Side-by-side novated lease comparison of the Ford Ranger and Mazda CX-5. Specs, costs, savings, and a clear winner.
Specs Comparison
| Spec | Ford Ranger | Mazda CX-5 |
|---|---|---|
| Price | $55,990.00 | $42,990.00 |
| Type | ICE | ICE |
| Battery | N/A | N/A |
| Range | N/A | N/A |
| FBT Status | Payable | Payable |
Novated Lease Costs at $80K Salary
| Ford Ranger | Mazda CX-5 | |
|---|---|---|
| Fortnightly Deduction | $688.38 | $534.54 |
| Annual Lease Cost | $17,898.00 | $13,898.00 |
| Annual Tax Saving | $5,727.36 | $4,447.36 |
| Annual GST Saving | $1,018.00 | $781.64 |
| FBT Cost/yr | $5,259.70 | $4,038.48 |
| Net Annual Saving | $1,485.66 | $1,190.52 |
| 5-Year Total Saving | $7,428.30 | $5,952.58 |
Running Costs Comparison
| Cost | Ford Ranger | Mazda CX-5 |
|---|---|---|
| Fuel | $3,200.00 | $2,400.00 |
| Insurance | $1,800.00 | $1,400.00 |
| Registration | $900.00 | $800.00 |
| Servicing | $800.00 | $700.00 |
| Total/yr | $6,700.00 | $5,300.00 |
Verdict
The Ford Ranger wins on novated lease value, saving $1,485.66 per year vs $1,190.52 for the Mazda CX-5. Over 5 years that is $7,428.30 in total savings.
Related Pages
Frequently Asked Questions
Which is cheaper to novated lease — Ford Ranger or Mazda CX-5?
The Ford Ranger is cheaper to lease. On an $80K salary, the Ford Ranger costs $688.38 fortnightly vs $534.54 for the Mazda CX-5.
Which saves more on tax — Ford Ranger or Mazda CX-5?
The Ford Ranger delivers higher tax savings because it has a higher annual lease deduction, reducing more of your taxable income.
Are both the Ford Ranger and Mazda CX-5 FBT exempt?
The Ford Ranger is not FBT exempt. The Mazda CX-5 is not FBT exempt.
Which has lower running costs?
The Mazda CX-5 has lower annual running costs at $5,300.00/year vs $6,700.00/year.
Which car should I novated lease?
If budget is the priority, go with the Ford Ranger. Consider range (N/A vs N/A), boot space, and your daily driving needs too.
Want exact numbers for your situation?
Use our full novated lease calculator with your exact salary, car price, and lease term.
Open Novated Lease CalculatorEstimates based on 2025-26 Australian tax rates. Actual savings depend on your employer arrangement, residual value, and exact running costs. Car prices are drive-away estimates and may vary by dealer. This is general information only, not financial advice. Consult a financial adviser for personal guidance.