Kia Novated Lease Australia

Drive a Kia electric vehicle through a novated lease and package the vehicle, charging and selected running costs into one regular salary deduction.

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Asset Finance Partners helps employees across Australia compare Kia novated lease options across the full electric range: the Kia EV3, EV4, EV5, EV6 and EV9. We prepare a tailored comparison around your salary, employer arrangement, preferred model, lease term, annual kilometres, charging access, insurance and expected running costs.

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For eligible Kia battery-electric vehicles, the electric-car Fringe Benefits Tax (FBT) exemption can make a Kia EV novated lease more tax-effective than packaging an equivalent petrol or diesel vehicle. We explain the eligibility criteria and the assumptions in your quote before you commit.

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What is a Kia novated lease?

A novated lease is an agreement between you, your employer and a finance provider.

You select the Kia vehicle and enter into the finance agreement. The agreement is then novated to your employer, meaning your employer makes lease payments from your salary while you remain responsible for the finance contract.

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A fully maintained Kia novated lease may include:

• Kia vehicle finance

• Comprehensive insurance

• Registration and CTP

• Scheduled servicing and maintenance

• Tyres

• Eligible home and public charging costs

• Roadside assistance

• Administration fees

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At the end of the term, there is generally a residual value. Depending on your agreement, you may pay the residual, refinance it, sell or trade the vehicle, or begin a new novated lease.

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Why choose a Kia EV through salary packaging?

Kia’s electric range spans compact SUVs, electric sedans, midsize family SUVs, performance EVs and large six- or seven-seat SUVs. That gives employees the flexibility to select an EV around their daily driving, household needs and budget.

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A Kia EV novated lease may help you:

• Package agreed vehicle expenses through payroll

• Use a tailored mix of pre-tax and post-tax deductions

• Access potential FBT benefits for an eligible battery-electric Kia

• Avoid a large upfront vehicle payment

• Budget for charging, insurance, registration and tyres alongside the vehicle

• Compare the total cost of driving, rather than only the finance repayment

• Match your term and kilometre allowance to your real driving habits

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Kia EV FBT exemption

Eligible battery-electric Kia vehicles may be exempt from FBT, including associated car expenses. This can materially affect the after-tax cost of an EV novated lease.

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The exemption may apply where the vehicle:

• Is a qualifying battery-electric or hydrogen fuel-cell vehicle

• Was first held and used on or after 1 July 2022

• Meets the applicable value and luxury car tax threshold when first held and used

• Is provided under an eligible employment arrangement

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The precise FBT outcome depends on the exact vehicle, its value, delivery timing, your employer arrangement and current tax law. An exempt benefit may still be reportable on your income statement and can affect certain income-tested obligations or benefits. Seek independent tax advice for your circumstances.

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Plug-in hybrid vehicles should not be assumed to receive the same treatment. From 1 April 2025, plug-in hybrid electric vehicles are generally not eligible for the electric-car FBT exemption unless a specific grandfathering arrangement applies.

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Kia EV3 novated lease

The Kia EV3 is a compact electric SUV designed for urban and suburban drivers who want practical cabin space in a smaller footprint. It is available in standard-range and long-range configurations, with Kia publishing up to 604km WLTP range on the EV3 Air Long Range grade.

A Kia EV3 novated lease may suit:

• Employees moving from a small petrol SUV or hatchback

• City and suburban commuters

• Drivers who want a higher seating position without a large SUV

• Employees wanting a long-range EV option in a compact format

• Households looking for a practical electric second car

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The EV3 also offers Vehicle-to-Load capability on relevant models, which can power compatible external electrical devices. We will quote the exact grade, not just the base model, because range, wheels, insurance and price can change your overall package.

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Kia EV4 novated lease

The Kia EV4 is Kia’s electric sedan option for employees who prefer a lower, streamlined vehicle rather than an SUV. It brings Kia’s EV technology to a practical sedan format, with different battery and specification choices available.

A Kia EV4 novated lease may suit:

• Professionals with regular motorway or city commuting

• Drivers replacing a petrol sedan

• Employees who value a sleek body style and efficient electric driving

• Drivers comparing a sedan with the Kia EV3 or EV5 SUV

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The decision should go beyond claimed range. We compare the exact vehicle price, expected kilometres, insurance, charging budget and residual value to show the likely salary impact over the term.

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Kia EV5 novated lease

The Kia EV5 is a midsize electric SUV with five seats, designed for employees and families who need more space than a small SUV. Kia offers standard-range and long-range options, with selected long-range variants providing published WLTP figures up to 555km.

A Kia EV5 novated lease may be a strong choice for:

• Families replacing a midsize petrol or diesel SUV

• Employees who carry prams, sports equipment or regular luggage

• Drivers wanting an electric SUV for weekday commuting and weekend trips

• People choosing between a more compact EV3 and larger EV9

• Drivers who value SUV practicality with battery-electric driving

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The EV5’s available technology includes Kia Connect and Vehicle-to-Load features on relevant variants. We will help you compare grades on total ownership cost—not simply headline range or monthly repayment.

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Kia EV6 novated lease

The Kia EV6 is Kia’s performance-oriented electric SUV. It is suited to drivers who want an EV with strong performance, more dynamic driving characteristics and a premium specification.

The EV6 range includes rear-wheel-drive, all-wheel-drive and GT-oriented variants. Kia publishes different WLTP range figures depending on drivetrain and model grade, so the vehicle quote needs to match the exact configuration.

A Kia EV6 novated lease can suit:

• Employees wanting a premium electric SUV

• Drivers who value acceleration and responsive road handling

• Frequent motorway drivers

• People looking for an EV with fast-charging capability

• Employees who want to compare a performance EV lease with a conventional prestige-car loan

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Higher-performance grades can mean different tyre, insurance and vehicle costs. We model these properly so you understand the full package.

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Kia EV9 novated lease

The Kia EV9 is a flagship large electric SUV, available in six- and seven-seat configurations. It is designed for households needing significant passenger space, flexible storage and long-distance capability.

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A Kia EV9 novated lease may be suitable for:

• Larger families

• Employees replacing a premium large SUV

• Drivers needing third-row seating

• People who regularly carry multiple passengers, luggage or equipment

• Families wanting a fully electric alternative to a large petrol or diesel SUV

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Kia publishes different range figures across EV9 grades, reflecting battery size, drivetrain and wheel choice. Because the EV9 is a larger vehicle, a good lease comparison should include the right kilometre allowance, tyre budget, insurance and charging assumptions.

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Which Kia EV should I lease?

Your priorityKia EV to consider

Compact electric SUVKia EV3

Electric sedanKia EV4

Midsize family electric SUVKia EV5

Premium performance electric SUVKia EV6

Large six- or seven-seat electric SUVKia EV9

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There is no single best Kia novated lease. The right model depends on your salary, employer, home charging access, annual kilometres, family requirements and preferred driving experience.

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Charging a Kia EV on a novated lease

A reliable charging plan is central to choosing the right Kia electric vehicle.

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Home charging

Home charging can be the simplest approach for drivers with off-street parking. Costs depend on your electricity tariff, charging pattern and energy use. Your employer or salary-packaging provider may require specific records or use an approved process to account for home charging.

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Public and fast charging

Public charging is useful for apartment residents, longer trips and drivers who cannot charge at home. Charging speed depends on the specific Kia model, the battery’s state of charge, charger output, battery temperature and other conditions.

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Real-world range

WLTP range figures are designed to help compare EVs, but actual driving range varies. Weather, terrain, speed, passengers, load, wheel choice, air-conditioning and driving style all make a difference.

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Asset Finance Partners helps you budget around your real driving routine, rather than an idealised range figure.

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Kia novated lease vs car loan

With a Kia car loan, repayments are generally made from your after-tax income and you manage insurance, registration, tyres, servicing and charging separately.

With a Kia novated lease, agreed payments are made through payroll and selected operating costs can be budgeted together. For an eligible battery-electric Kia, the FBT exemption may make the comparison particularly compelling.

A loan may still be more suitable for some people. We can compare both structures using your actual numbers so you understand the difference before choosing.

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What happens at the end of a Kia novated lease?

Your lease will normally have a residual value, sometimes called a balloon payment. Before the lease ends, you may have options to:

• Pay the residual and keep the Kia

• Refinance the residual, subject to approval

• Sell or trade the Kia and use the proceeds toward the residual

• Start a new lease on another Kia EV or a different vehicle

A lower regular repayment can result in a higher residual at the end, which is why we explain both the regular payroll impact and the end-of-term obligation upfront.

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Kia novated lease FAQs

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Can I get a Kia EV on a novated lease?

Yes. Kia electric vehicles can generally be financed through a novated lease where your employer participates and your application is approved.

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Which Kia models may qualify for the EV FBT exemption?

Eligible battery-electric Kia models, including the EV3, EV4, EV5, EV6 and EV9, may qualify where all current legislative criteria are met. We confirm the exact vehicle and eligibility before finalising a quote.

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Can charging be included in a Kia novated lease?

Eligible home and public charging costs may be included or reimbursed within a fully maintained arrangement, depending on your employer and packaging provider.

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Can I include insurance, registration and tyres?

Often, yes. These expenses can commonly be budgeted within a fully maintained novated lease, subject to provider and employer terms.

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What happens if I change jobs?

You remain responsible for the finance agreement. Your next employer may be able to take over the novation, or you may need to make another arrangement. It is important to understand this before entering the lease.

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How much can I save with a Kia novated lease?

Savings depend on your salary, employer policy, chosen model, lease term, kilometres, running-cost budget, tax position and current law. Asset Finance Partners provides a tailored comparison rather than a generic savings claim.

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Compare your Kia novated lease with Asset Finance Partners

Whether you are looking at the compact Kia EV3, electric EV4 sedan, family-focused EV5, performance EV6 or spacious EV9, Asset Finance Partners can help you compare the total cost of driving.

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We tailor your Kia novated lease around your preferred model, salary, employer, driving needs and charging plan.

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Ready to explore your options? Compare Kia EV salary packaging and novated lease options with Asset Finance Partners.

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Explore other EV novated lease options

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Not sure which EV is right for you? Compare Tesla novated leases, BYD novated leases, Chery novated leases, Geely novated leases and MG novated leases with Asset Finance Partners.