Announced: Full EV FBT exemption above $75k ends 31 Mar 2027, 4 months away. How the announced phase-out works (opens in a new tab)

FORD · NOVATED LEASING

Your electric Ford.
Your numbers.

See what a Ford could cost from your take-home pay. Compare electric variants, then tailor the estimate to your salary.

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Compare variants and eligibility ↓
THE ELECTRIC FORD RANGE
Ford Mustang Mach-E. Illustrative image; trim details may vary.

Illustrative image only. Actual model may differ.

Generic illustration. Model image coming soon.

Estimated take-home cost$272 / week

Mustang Mach-E Premium
$110,000 salary · 5-year lease

Includes estimated running costs. Final residual payment of $25,425 is separate. An estimate, not a quote.

01 Compare electric variants02 Add your salary and driving03 See your costs and next steps

FIND YOUR FIT

Which Ford works for you?

1 priced model · 3 variants in our catalogue

Estimates use a $110,000 salary and 5-year lease, including estimated running costs. Final residual payments are separate. Savings compare the same car with a standard car loan.

Assumptions behind these estimates

Based on a $110,000 salary, 5-year lease, signed today, and the ATO's current FBT exemption rules, with a 7.5% finance rate and no deposit. Includes estimated running costs and a provider management fee. The final residual is separate from weekly costs. Savings compare the same car with a standard car loan and account for differences in final payments. Your provider’s quote and personal circumstances may change the result.

  • Ford Mustang Mach-E

    Ford Mustang Mach-E Select. Illustrative image; trim details may vary.

    Illustrative image only. Actual model may differ.

    Generic illustration. Model image coming soon.

    Estimated take-home costFrom $224 / week
    FBT-exempt

    $33,147 estimated saving over 5 years

    Cost breakdown

    Car price: $73,296indicative drive-away

    Final residual payment: $20,773, separate from the weekly amount.

    FBT-exempt on a novated lease.

    Confirm eligibility, options and fees with your provider.

    Model details for Ford Mustang Mach-E

Examples assume a lease signed today. FBT means fringe benefits tax. Eligibility depends on the exact vehicle and lease date. Read the Ford FAQs.

Leasing a Ford: what to check

Compare the Ford Mustang Mach-E variants currently in our priced catalogue above. Looking at another Ford? Check the exact electric model and trim on your dealer quote, then confirm pricing and eligibility with your lease provider.

Buying notes for Ford

The Mach-E grades are priced far apart, so the FBT exemption depends on which one you pick: the model card above shows which grades qualify. Ford sells through dealers, so ask whether a quote is for a new or a demonstrator car and get the grade and model year in writing. Ford also sells a Ranger Hybrid ute, so check the exact name on any quote: only the fully electric Mach-E can qualify for the exemption.

Brand guidance checked 28 October 2026. Ford Australia Mustang Mach-E 

Not in our comparison yet

  • Ford E-Transit and E-Transit Custom

    Electric vans that Ford sells as commercial vehicles. They are not in our catalogue. The electric car FBT exemption only covers vehicles that count as a car for FBT, which depends on how much load they are built to carry, so check with your lease provider before assuming a van qualifies.

  • Ford Ranger Hybrid and Transit Custom PHEV

    Both have a petrol engine as well as a battery, and Ford itself says they are not all-electric. We only track fully electric cars. Hybrids never qualified for the electric car FBT exemption and plug-in hybrids stopped qualifying on 1 April 2025, so a new novated lease on either is treated like a lease on a petrol car.

Ford novated lease FAQ

Is the Ford Ranger Hybrid FBT-exempt on a novated lease?

No. The Ranger Hybrid has a petrol engine, and Ford says it is not all-electric. The electric car FBT exemption only covers fully electric and hydrogen fuel-cell cars: ordinary hybrids never qualified, and plug-in hybrids stopped qualifying on 1 April 2025. You can still take a novated lease on one, but without the exemption the saving is much smaller than on an exempt electric car.

Which Ford EVs are FBT-exempt on a novated lease?

2 of the 3 Ford Mustang Mach-E variants qualify. The test is the car's list price against the threshold for fuel-efficient vehicles, so the variant you choose matters as much as the model.

Which Ford keeps the full exemption after April 2027?

Under the announced changes, new leases signed from 1 April 2027 on EVs listed above $75,000 keep only a quarter of the exemption. The Ford Mustang Mach-E Premium (list price $82,289) sits over that cap, so signing before the date locks in the full exemption for the life of the lease. The Ford Mustang Mach-E Select stays under it on current prices.

Which Ford saves the most on a novated lease?

On a $110,000 salary and a 5-year lease, the Ford Mustang Mach-E shows the largest estimated saving against a standard car loan, an estimated $39,154 for its best variant. A bigger saving usually comes with a dearer car, so compare take-home pay in the calculator, not just the saving.

What salary do I need for a Ford novated lease to make sense?

There is no minimum, but the saving tracks your marginal tax rate. On the Ford Mustang Mach-E Premium, the estimated saving over the term runs from about $39,154 on a $70,000 salary to about $46,427 on $190,000. Your own figure depends on your salary and the variant you choose. Calculate the Ford Mustang Mach-E Premium on your salary

Does my employer need to offer novated leasing?

Yes. A novated lease uses a salary packaging arrangement with your employer. You can explore an estimate before you know, but check with payroll which providers and arrangements your employer supports.

What is included in the estimate?

The calculator includes lease payments and estimated running costs. You can adjust the running costs to suit your driving. Provider fees, insurance and finance rates can vary, so compare the itemised quote with your estimate.

What happens at the end of the lease?

A residual payment remains at the end of the lease. Check this amount in your estimate and provider quote, and ask your provider about the available options for keeping, selling or refinancing the car.

Ready to personalise your Ford estimate?

Adjust your salary, lease term and running costs to see your own numbers.

An estimate, not a provider quote.

Ford Mustang Mach-E. Illustrative image; trim details may vary.

Illustrative image only. Actual model may differ.