Toyota Corolla Cross Novated Lease
Calculate novated lease savings on the Toyota Corolla Cross ($34,990.00).
Last verified: 2025-07-01 | 2025-26 tax rates
Toyota Corolla Cross Novated Lease at a Glance
$34,990.00
ICE
Applies
$3,180.91
Toyota Corolla Cross Novated Lease Savings by Salary
| Salary | Fortnightly | Tax saving | Total saving |
|---|---|---|---|
| $70,000.00 | $589.63 | $7,358.55 | -$8,568.07 |
| $85,000.00 | $589.63 | $7,358.55 | -$8,568.07 |
| $100,000.00 | $589.63 | $7,358.55 | -$8,568.07 |
| $120,000.00 | $589.63 | $7,358.55 | -$8,568.07 |
| $150,000.00 | $589.63 | $8,968.23 | -$6,958.39 |
Toyota Corolla Cross Annual Running Costs
| Fuel | $1,700.00 |
| Insurance | $1,100.00 |
| Registration | $800.00 |
| Servicing | $700.00 |
| Total per year | $4,300.00 |
Buying vs Novated Lease: Toyota Corolla Cross
Comparison for an $85,000 salary over 3 years:
Buying outright
$50,590.00
After-tax dollars
Novated lease
$66,516.62
Pre + post-tax mix
Is the Toyota Corolla Cross worth it on a novated lease?
The Toyota Corolla Cross 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 $34,990.00, you save $3,180.91 in GST alone. Combined with income tax savings from salary sacrifice, total savings over a 3-year lease can exceed -$8,568.07 on an $85,000 salary.
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Frequently Asked Questions
How much does a Toyota Corolla Cross novated lease cost?
On an $85,000 salary with a 3-year lease, the Toyota Corolla Cross ($34,990.00) costs approximately $589.63 per fortnight including running costs.
Is the Toyota Corolla Cross FBT exempt?
No, the Toyota Corolla Cross is a petrol/diesel vehicle and is subject to Fringe Benefits Tax on a novated lease.
How much can I save on a Toyota Corolla Cross novated lease?
On an $85,000 salary over 3 years, you can save approximately -$8,568.07 through GST savings, reduced income tax.
What are the running costs of a Toyota Corolla Cross?
Annual running costs for the Toyota Corolla Cross are approximately $4,300.00, including fuel ($1,700.00), insurance ($1,100.00), rego ($800.00), and servicing ($700.00).
What is the range of the Toyota Corolla Cross?
The Toyota Corolla Cross is a ICE vehicle. Fuel consumption depends on driving conditions.
Calculate Your Exact Savings
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