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Get a novated lease on a Mahindra XUV500

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Brand
Mahindra
Model

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With a Mahindra XUV500, we estimate you could save $26,519.98
  in tax with a 5-year novated lease from Smart.^

2020 Mahindra XUV500

2020 Mahindra XUV500

MY19 W6 Wagon 7st 5dr Auto 6sp 2.2T

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$255Estimated
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
W6
Body type
Wagon
Doors
5
Seats
7
Fuel type
Petrol
Transmission
Automatic
Number of gears
6
Drive
Front Wheel Drive
Engine configuration
4 cylinders, 6 gears
CO2 emissions
0g/km
ANCAP rating
N/A
Release date
2020
Price when new
$26,990

Car features

Airbags
  • Driver
  • 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)
  • EBD (Electronic Brake Force Distribution)
  • Hill Holder
Locking
  • Remote Fuel Lid Release
  • Remote/Keyless
Seatbelts
  • Lap/Sash for 7 seats
Stability & traction
  • Control - Electronic Stability
  • Control - Traction
  • Stability

Cruise control
  • Cruise Control
Hill control
  • Descent
Parking aids
  • Rear

Climate
  • 2 Zone
  • Air Conditioning - Rear
Cooling
  • Centre Console - Cool Box
Driver info
  • Tacho
  • Trip Computer
Power mirrors
  • Folding
  • Heated
Power steering
  • Power Steering
Power windows
  • Front & Rear
Remote access
  • Remote Boot/Hatch Release
Wipers & sensors
  • Rain Sensor (Auto wipers)
  • Rear Wiper/Washer

Audio inputs
  • MP3 Decoder
Connectivity
  • Bluetooth System
Disc players
  • CD Player
Infotainment
  • Multi-function Control Screen
Radio
  • Digital (DAB+)
Speakers
  • 6 Speaker Stereo

Ambient lighting
  • Interior
Gloss finish
  • Inserts
Headrests
  • Adjustable 1st Row (Front)
  • Adjustable 2nd Row x3
  • Adjustable 3rd Row x2
Interior lighting
  • Illuminated (puddle lamps) Door Mirrors
Metallic finish
  • Interior Inserts
Scuff plates
  • Scuff Plates (on door sills)
Seats
  • 2nd Row (Rear) Flat Folding
  • 2nd Row Split Fold
  • 3rd Row (Rear) Flat Folding
  • 3rd Row Split Fold
  • Drivers Lumbar Adjustment Manual
  • Height Adjustable Driver
Steering wheel
  • Leather Steering Wheel
  • Multi-function Steering Wheel
Storage
  • 1st Row
  • 2nd Row
  • 3rd Row
  • Sunglass Holder
Trim
  • Trim - Cloth

Body colour
  • Bumpers
  • Door Handles
  • Exterior Mirrors Partial
Chrome highlights
  • Exterior Highlights
  • Grille Surround
  • Interior highlights
Fog lamps
  • Fog Lamp/s - Rear
  • Front
Headlamps
  • Automatic (light sensitive)
  • Corner (Fixed)
  • Electric Level Adjustment
  • See me home
Lighting
  • LED
Roof racks
  • Roof Rails
Side mouldings
  • Chrome
Spoiler
  • Rear Roof Mounted
Wheels
  • 17" Alloy Wheels

Brakes
  • Front Ventilated
  • Rear Solid
Exhaust
  • System - Dual
Suspension
  • Independent Rear Suspension

Other features
  • Adjustable Steering Col. - Tilt & Reach
  • 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 Mahindra XUV500 W6, 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 Mahindra XUV500 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.