Mitsubishi Outlander PHEV Novated Lease
Calculate novated lease savings on the Mitsubishi Outlander PHEV ($56,490.00).
Last verified: 2025-07-01 | 2025-26 tax rates
Mitsubishi Outlander PHEV Novated Lease at a Glance
$56,490.00
PHEV
84 km
20 kWh
Applies
$5,135.45
Mitsubishi Outlander PHEV Novated Lease Savings by Salary
| Salary | Fortnightly | Tax saving | Total saving |
|---|---|---|---|
| $70,000.00 | $840.21 | $10,485.82 | -$16,098.51 |
| $85,000.00 | $840.21 | $10,485.82 | -$16,098.51 |
| $100,000.00 | $840.21 | $10,485.82 | -$16,098.51 |
| $120,000.00 | $840.21 | $10,485.82 | -$16,098.51 |
| $150,000.00 | $840.21 | $12,779.59 | -$13,804.73 |
Mitsubishi Outlander PHEV Annual Running Costs
| Fuel | $1,100.00 |
| Insurance | $1,400.00 |
| Registration | $850.00 |
| Servicing | $600.00 |
| Total per year | $3,950.00 |
Buying vs Novated Lease: Mitsubishi Outlander PHEV
Comparison for an $85,000 salary over 3 years:
Buying outright
$72,090.00
After-tax dollars
Novated lease
$98,674.32
Pre + post-tax mix
Is the Mitsubishi Outlander PHEV worth it on a novated lease?
The Mitsubishi Outlander PHEV 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 $56,490.00, you save $5,135.45 in GST alone. Combined with income tax savings from salary sacrifice, total savings over a 3-year lease can exceed -$16,098.51 on an $85,000 salary.
With a 20 kWh battery and 84 km of range, the Mitsubishi Outlander PHEV handles daily commuting with ease. Annual charging costs are approximately $1,100.00 compared to $2,000+ for a comparable petrol car.
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Frequently Asked Questions
How much does a Mitsubishi Outlander PHEV novated lease cost?
On an $85,000 salary with a 3-year lease, the Mitsubishi Outlander PHEV ($56,490.00) costs approximately $840.21 per fortnight including running costs.
Is the Mitsubishi Outlander PHEV FBT exempt?
No, the Mitsubishi Outlander PHEV is priced above the $91,387 FBT threshold and is subject to Fringe Benefits Tax on a novated lease.
How much can I save on a Mitsubishi Outlander PHEV novated lease?
On an $85,000 salary over 3 years, you can save approximately -$16,098.51 through GST savings, reduced income tax.
What are the running costs of a Mitsubishi Outlander PHEV?
Annual running costs for the Mitsubishi Outlander PHEV are approximately $3,950.00, including fuel ($1,100.00), insurance ($1,400.00), rego ($850.00), and servicing ($600.00).
What is the range of the Mitsubishi Outlander PHEV?
The Mitsubishi Outlander PHEV has a range of approximately 84 km on a full charge with a 20 kWh battery pack.
Calculate Your Exact Savings
Use our novated lease calculator with your specific salary, car, and preferences.
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