Smart and Hyundai Capital Australia bring novated leasing to dealerships for onsite customer savings
SYDNEY, July 30, 2026 (GLOBE NEWSWIRE) — Aust alia’s leadi g sala y packagi g a d ovated leasi g p ovide , Sma t, has pa t e ed with Hyu dai Capital Aust alia to make the savi gs of ovated leasi g easie , mo e accessible, a d mo e co ve ie t fo custome s th ough Hyu dai a d Ge esis deale ships.
U de the pa t e ship, Hyu dai a d Ge esis deale ships will i t oduce eligible custome s to Sma t fo ovated leasi g a d sala y packagi g se vices, c eati g a mo e seamless path fo custome s to explo e thei optio s on the poi t of car pu chase.
A key adva tage of ovated leasi g is the absolutely mai tai ed lease, which bu dles majo u i g prices – equivalent to se vici g, ty es, egist atio , i su a ce, a d gas – i to o e egula payme t. A po tio of this payme t is take f om the worker’s p e-tax sala y, educi g taxable i come a d delive i g sig ifica t fi a cial be efits.
Custome s ca even be efit f om GST savi gs ac oss the pu chase p ice a d u i g prices of the car, addi g to the ove all savi gs.
Fo elect ic autos (EVs), the be efits a e eve mo e compelli g with the EV F i ge Be efits Tax exemptio applyi g to eligible autos p iced under the luxu y ca tax th eshold of $91,661 fo 2026/2027, p ovidi g a att lively, cost-effective solution to d ive elect ic.
Novated leasi g is a Aust alia Taxatio Workplace app oved fi a ci g methodology co sisti g of a th ee-way ag eeme t betwee a worker, thei employe , a d a fi a ce compa y.
Sma t’s Novated Leasi g & Elect ic Automobile Se vices G oup Govt, Sid Jha mentioned:
“At the moment’s custome s wa t simplicity, affo dability a d alternative whe explo i g car fi a ce a d leasi g optio s.”
“This pa t e ship expa ds entry to ovated leasi g, a cost-of-livi g f ie dly method of ow i g a car, th ough Hyu dai a d Ge esis deale cha els.”
Hyu dai Moto Compa y Aust alia Chief Ope ati g Workplace , Gavi Do aldso mentioned:
“This pa t e ship will give Hyu dai a d Ge esis custome s seamless a d co ve ie t entry to ovated lease be efits.”
“We’ve got a b oad a ge of extremely succesful, awa d-wi i g EVs a d we glance fo wa d to welcomi g mo e Aust alia s i to the Hyu dai a d Ge esis households.”
Co tact:
Michael Fai bai | michael.fai bai @sma tg oup.com.au | 0448 524 731Invoice Thomas | Bill_Thomas@hyu dai.com.au | 0412 767 280
A photograph accompa yi g this a ou ceme t is accessible at https://www.globe ewswi e.com/NewsRoom/Attachme tNg/34633593-0983-458e-879f-956edb5f87de
