Toyota RAV4 Novated Lease
Calculate novated lease savings on the Toyota RAV4 ($42,990.00).
Last verified: 2025-07-01 | 2025-26 tax rates
Toyota RAV4 Novated Lease at a Glance
$42,990.00
ICE
Applies
$3,908.18
Toyota RAV4 Novated Lease Savings by Salary
| Salary | Fortnightly | Tax saving | Total saving |
|---|---|---|---|
| $70,000.00 | $682.87 | $8,522.18 | -$11,370.09 |
| $85,000.00 | $682.87 | $8,522.18 | -$11,370.09 |
| $100,000.00 | $682.87 | $8,522.18 | -$11,370.09 |
| $120,000.00 | $682.87 | $8,522.18 | -$11,370.09 |
| $150,000.00 | $682.87 | $10,386.41 | -$9,505.87 |
Toyota RAV4 Annual Running Costs
| Fuel | $2,100.00 |
| Insurance | $1,200.00 |
| Registration | $850.00 |
| Servicing | $800.00 |
| Total per year | $4,950.00 |
Buying vs Novated Lease: Toyota RAV4
Comparison for an $85,000 salary over 3 years:
Buying outright
$58,590.00
After-tax dollars
Novated lease
$78,482.28
Pre + post-tax mix
Is the Toyota RAV4 worth it on a novated lease?
The Toyota RAV4 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 $42,990.00, you save $3,908.18 in GST alone. Combined with income tax savings from salary sacrifice, total savings over a 3-year lease can exceed -$11,370.09 on an $85,000 salary.
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Frequently Asked Questions
How much does a Toyota RAV4 novated lease cost?
On an $85,000 salary with a 3-year lease, the Toyota RAV4 ($42,990.00) costs approximately $682.87 per fortnight including running costs.
Is the Toyota RAV4 FBT exempt?
No, the Toyota RAV4 is a petrol/diesel vehicle and is subject to Fringe Benefits Tax on a novated lease.
How much can I save on a Toyota RAV4 novated lease?
On an $85,000 salary over 3 years, you can save approximately -$11,370.09 through GST savings, reduced income tax.
What are the running costs of a Toyota RAV4?
Annual running costs for the Toyota RAV4 are approximately $4,950.00, including fuel ($2,100.00), insurance ($1,200.00), rego ($850.00), and servicing ($800.00).
What is the range of the Toyota RAV4?
The Toyota RAV4 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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