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Get a novated lease on a Hyundai IONIQ 5

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Brand
Hyundai
Model

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With a Hyundai IONIQ 5, we estimate you could save $53,715.85
  in tax with a 5-year novated lease from Smart.^

2026 Hyundai IONIQ 5

2026 Hyundai IONIQ 5

NE.V7 MY27 Wagon 5dr. Reduction Gear 1sp 2WD 168kW

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$296Estimated
per week^

This estimate includes:

Car finance
Registration & CTP
Insurance
Fuel or charging
Maintenance
Tyres

Your price may beat this estimate

Car details

Overview

Series
2WD
Body type
Wagon
Doors
5
Seats
5
Fuel type
Electric
Transmission
Reduction Gear
Number of gears
1
Drive
Rear Wheel Drive
Engine configuration
Electric
CO2 emissions
0g/km
ANCAP rating
Release date
2026
Price when new
$68,200

Car features

Airbags
  • Driver
  • Front Centre
  • Head for 1st Row Seats (Front)
  • Head for 2nd Row Seats
  • Passenger
  • Side for 1st Row Occupants (Front)
Alarm
  • Alarm
Anti-theft
  • Engine Immobiliser
Braking aids
  • ABS (Antilock Brakes)
  • Brake Assist
  • EBD (Electronic Brake Force Distribution)
  • Hazard/Stoplights
  • Hill Holder
Emergency kit
  • Tyre Repair Kit
Locking
  • Key Proximity
  • Remote/Keyless
  • Start - Key/FOB Proximity related
  • Starter Button
Pedestrian protection
  • Audible for Silent Vehicles
Seatbelts
  • Adjustable Height 1st Row
  • Lap/Sash for 5 seats
  • Load Limiters 1st Row (Front)
  • Load Limiters 2nd Row(Rear Outer seats)
  • Pretensioners 1st Row (Front)
  • Pretensioners 2nd Row(Rear Outer seats)
Stability & traction
  • Control - Electronic Stability
  • Control - Traction
  • Stability
Tyre pressure
  • Monitoring - with logging/display

Blind spot
  • Sensor
  • With Active Assist
Cameras
  • Front Vision
  • Rear Vision
  • Side Vision
Collision assist
  • Emergency Steering Assist
  • Forward
  • Forward (High speed)
  • Forward (Low speed)
  • Post Collision Steer/Brake
  • Reversing
  • VRU
Cross traffic
  • Front
  • Warning - Rear Cross Traffic (when reversing)
Cruise control
  • Distance Control
  • Lead Vehicle Start Active Assist
  • Lead Vehicle Start Alert
  • With Brake Function (limiter)
Drive modes
  • Selectable
Driver attention
  • Detection
  • Warning - Driver Fatigue
Exit warning
  • Side Door Exit Warning
Lane assist
  • Active Assist
  • Warning
Parking aids
  • Front
  • Fully Automated
  • Graphical Display
  • Rear
  • Remote Controlled
Reminders
  • Warning - Rear Seat Occupancy
  • Warning - Seatbelt Reminder
Speed assistance
  • Reminder - GPS
  • Reminder - Road Sign Recognition
  • Road Sign Recognition
  • Speed Limiter
Telematics
  • Auto Emergency Response Call Ability

Air conditioning
  • Air Conditioning
Climate
  • 2 Zone
  • Air Conditioning - Pollen Filter
  • For Humidity
Driver info
  • Full
  • Trip Computer
Park brake
  • Park Brake - Electric
Power mirrors
  • Folding
  • Heated
Power sockets
  • 12V Socket(s) - Auxiliary
  • USB Socket(s) - Charging
Power steering
  • Electric Assist
  • Power Steering
Power windows
  • Front & Rear
  • Remote Control Open/Close
Remote access
  • Via App
Wipers & sensors
  • Rain Sensor (Auto wipers)
  • Rear Wiper/Washer

Audio inputs
  • Aux Input USB Socket
Connectivity
  • Bluetooth System
  • Compatible Devices
Infotainment
  • Colour
Navigation
  • GPS (Satellite Navigation)
Radio
  • Digital (DAB+)
Smart device
  • Integration - Android Auto
  • Integration - Android Auto Wireless
  • Integration - Apple CarPlay
  • Integration - Apple Carplay Wireless
  • Smart Device App Display/Control
Speakers
  • 6 Speaker Stereo
Voice
  • Internet Dependant
  • Voice Recognition

Ambient lighting
  • Interior (User Configurable)
Armrests
  • Front Centre (Shared)
  • Rear Centre (Shared)
Cargo area
  • Cover
  • Tie Down Hooks/Rings
Electric seats
  • Drivers
Floor & cargo
  • Floor Mats
Gloss finish
  • Inserts
Grab handles
  • 2nd Row
  • Passengers Side
Headlining
  • Trimmed
Headrests
  • Adjustable 1st Row (Front)
  • Adjustable 3rd Row x3
Interior lighting
  • Entry/Exit with Fade
  • For 1st Row
  • For 2nd Row
Leather look
  • Seats Partial
  • Steering Wheel
Metallic finish
  • Door Handles - Interior
  • Interior Inserts
  • Speaker Trims
Scuff plates
  • Scuff Plates (on door sills)
Seats
  • 2nd Row Reclining
  • Driver with Electric Lumbar
  • Rear Slide Adjustment
Steering wheel
  • Multi-function Steering Wheel
Storage
  • 1st Row
  • 1st row (Front)
  • 1st Row (Front) seats
  • 2nd Row
  • 2nd row (rear)
  • Centre Console 1st Row
  • Centre Console 2nd Row
  • In Cargo Area
Sunvisors
  • Illuminated Vanity Mirrors Dual
Trim
  • Trim - Cloth

Chrome highlights
  • Exterior Highlights
Fog lamps
  • Fog Lamp/s - Rear LED
Gloss finish
  • Exterior
  • Highlights
Headlamps
  • Automatic (light sensitive)
  • Blacked Out Surrounds
  • Electric Level Adjustment
  • High Beam Auto Dipping
  • LED
  • See me home
Lighting
  • LED
Metallic finish
  • Highlights
  • Metallic Finish Air Vents (interior)
Off-road
  • Front
  • Rear
Side mouldings
  • Body Side Mouldings
Spoiler
  • Rear Roof Mounted
Tail lamps
  • Blacked Out Surrounds
  • LED
Wheels
  • 19" Alloy Wheels
Windows
  • Side Windows
  • Windscreen

Brakes
  • Front Ventilated
  • Rear Ventilated
  • Regenerative (Adjustable)

Other features
  • Adjustable Steering Col. - Tilt & Reach
  • Control - Pedestrian Avoidance with Braking
  • Metallic Paint
  • Rear View Mirror - Electric Anti Glare
  • Seats-2nd Row Split Fold

Frequently asked questions

Prices shown are based on standard assumptions. Your actual novated lease price will depend on your employer, salary, and personal circumstances. To get an accurate, personalised price, create an account. You’ll be able to see your estimated savings and compare your novated lease options before continuing.

Get your price estimate to continue

This page defaults to a Hyundai IONIQ 5 2WD, but all variants are available in our Novated Leasing Hub. Register for an account to get prices, choose variants, compare them and customise your novated lease quote.

Register to get started

Novated lease tax benefits on a Smart™ lease are a combination of savings, including:

  • GST savings on the car price
  • Pre‑tax salary deductions (reducing taxable income)
  • GST savings on running costs
  • FBT and ECM balancing or exemptions

Fringe Benefit Tax (FBT) is a tax employers pay on certain benefits, including novated leases. In most cases the cost of FBT is offset through your lease using post‑tax contributions (ECM). Eligible electric cars are exempt from FBT, making them even more cost‑effective.

The process starts with getting a personalised novated lease quote for a Hyundai IONIQ 5 or other cars, including accessories, running costs and different lease terms. Once you’re happy with the package, it’s time to apply for finance.

Get your price estimate to continue

Step 1. Get your price

Log in to get a quote on a car you personalise and build.

Step 2. Maximise your tax savings

Add running costs like fuel, tyres and maintenance to your novated lease. You can also explore other cars and compare your quotes.

Step 3. Apply for finance

You’ll then apply for finance online, with a typical turnaround of around 24 hours (subject to credit approval).

Step 4. Source car

After signing your contract, we’ll source your car at a great price through our 740‑strong dealer network, and set up your payroll deductions.

Step 5. Settlement

After delivery, Smart manages all payments and running‑cost budgets for you.

At the end of your term, you can choose to:

  1. Pay the residual value owed and own the car.
  2. Refinance the residual and keep leasing.
  3. Upgrade to a new car.

Smart can also help sell your car through Smart Sell™.

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*Required information. By registering, I agree to the collection, storage, use and disclosure of my personal information in accordance with the Smart Privacy Policy and Privacy Collection Statement.

^ Pricing and savings figures are based on the following assumptions:

  1. 1. Residency in NSW 2000
  2. 2. Annual gross salary of $120,000
  3. 3. Annual travel distance of 15,000 km
  4. 4. A 5-year lease/loan term
  5. 5. Salary packaging via the Employee Contribution Method (ECM) and the FBT Exempt Method applicable to eligible electric vehicles under the Electric Car Discount

All quoted figures include estimated budgets for finance, charging and/or fuel, servicing, tyres, maintenance, Vero by Suncorp comprehensive motor insurance, and registration renewals over the lease or loan term. A residual payment, as determined by the Australian Taxation Office, is payable at the end of a novated lease. The specific residual amount will be detailed in your personalised vehicle quote. Your personal circumstances have not been factored into this estimate and your actual novated lease repayment residual amounts and tax savings will depend on your income tax bracket, your employer's GST processing method, the administration fees payable under your employer's salary packaging plan and your personal circumstances. Figures are accurate as of June 2026 and are subject to change without notice.