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Get a novated lease on a Mahindra XUV700

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Brand
Mahindra
Model

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With a Mahindra XUV700, we estimate you could save $27,050.62
  in tax with a 5-year novated lease from Smart.^

2026 Mahindra XUV700

2026 Mahindra XUV700

MY25 AX7 Wagon 7st 5dr Auto 6sp 2.0T

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$302Estimated
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
AX7
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
2026
Price when new
$39,990

Car features

Airbags
  • Driver
  • Head for 1st Row Seats (Front)
  • Head for 2nd Row Seats
  • Head for 3rd Row Seats
  • Passenger
  • Side for 1st Row Occupants (Front)
Braking aids
  • ABS (Antilock Brakes)
  • Brake Assist
  • EBD (Electronic Brake Force Distribution)
  • Hill Holder
Locking
  • Central Locking
  • Starter Button
Seatbelts
  • Lap/Sash for 7 seats
Stability & traction
  • Control - Electronic Stability
  • Control - Traction
  • Stability
Tyre pressure
  • Monitoring - with logging/display

Cameras
  • Rear Vision
Collision assist
  • Forward
  • Forward (Low speed)
  • Post Collision Steer/Brake
Cruise control
  • Distance Control
Lane assist
  • Active Assist
  • Warning
Speed assistance
  • Reminder - Road Sign Recognition

Air conditioning
  • Air Conditioning
Climate
  • 2 Zone
Demister
  • Rear Windscreen with Timer
Driver info
  • Full
Power mirrors
  • Folding
Power steering
  • Power Steering
Power windows
  • Front & Rear
Sunroof
  • Glass Roof
Wipers & sensors
  • Rain Sensor (Auto wipers)
  • Rear Wiper/Washer

Connectivity
  • Bluetooth System
Infotainment
  • Colour
Smart device
  • Integration - Android Auto
  • Integration - Apple CarPlay
  • Smart Device App Display/Control
Speakers
  • 6 Speaker Stereo

Armrests
  • Front Centre (Shared)
  • Rear Centre (Shared)
Electric seats
  • Drivers
  • Drivers with Memory
Interior lighting
  • For 1st Row
  • For 2nd Row
Leather look
  • Seats
Leather trim
  • Knob
Metallic finish
  • Interior Inserts
Seats
  • 3rd Row Split Fold
Steering wheel
  • Leather Steering Wheel
Storage
  • 1st Row
  • 2nd Row

Fog lamps
  • Front
Headlamps
  • Automatic (light sensitive)
  • Corner (Fixed)
  • High Beam Auto Dipping
  • LED
Lighting
  • LED
Tail lamps
  • LED
Wheels
  • 18" Alloy Wheels

Park brake
  • Fold Down

Other features
  • Metallic Paint
  • 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 XUV700 AX7, 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 XUV700 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.