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Ford Ranger Novated Lease

Calculate novated lease savings on the Ford Ranger ($55,990.00).

Last verified: 2025-07-01 | 2025-26 tax rates

Ford Ranger Novated Lease at a Glance

Driveaway price

$55,990.00

Type

ICE

FBT

Applies

GST saving

$5,090.00

Ford Ranger Novated Lease Savings by Salary

SalaryFortnightlyTax savingTotal saving
$70,000.00$834.38$10,413.09-$15,923.38
$85,000.00$834.38$10,413.09-$15,923.38
$100,000.00$834.38$10,413.09-$15,923.38
$120,000.00$834.38$10,413.09-$15,923.38
$150,000.00$834.38$12,690.95-$13,645.52

Ford Ranger Annual Running Costs

Fuel$3,200.00
Insurance$1,400.00
Registration$900.00
Servicing$900.00
Total per year$6,400.00

Buying vs Novated Lease: Ford Ranger

Comparison for an $85,000 salary over 3 years:

Buying outright

$71,590.00

After-tax dollars

Novated lease

$97,926.47

Pre + post-tax mix

Is the Ford Ranger worth it on a novated lease?

The Ford Ranger is one of Australia's best-selling cars and makes an excellent choice for novated leasing. While ICE vehicles attract FBT, the GST savings and income tax benefits still reduce your total cost compared to buying outright.

At a driveaway price of $55,990.00, you save $5,090.00 in GST alone. Combined with income tax savings from salary sacrifice, total savings over a 3-year lease can exceed -$15,923.38 on an $85,000 salary.

Frequently Asked Questions

How much does a Ford Ranger novated lease cost?

On an $85,000 salary with a 3-year lease, the Ford Ranger ($55,990.00) costs approximately $834.38 per fortnight including running costs.

Is the Ford Ranger FBT exempt?

No, the Ford Ranger is a petrol/diesel vehicle and is subject to Fringe Benefits Tax on a novated lease.

How much can I save on a Ford Ranger novated lease?

On an $85,000 salary over 3 years, you can save approximately -$15,923.38 through GST savings, reduced income tax.

What are the running costs of a Ford Ranger?

Annual running costs for the Ford Ranger are approximately $6,400.00, including fuel ($3,200.00), insurance ($1,400.00), rego ($900.00), and servicing ($900.00).

What is the range of the Ford Ranger?

The Ford Ranger is a ICE vehicle. Fuel consumption depends on driving conditions.

Calculate Your Exact Savings

Use our novated lease calculator with your specific salary, car, and preferences.

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