Potential tax savings
$44,669^
Get cashback + extras on your eligible Hyundai EV
Get into an eligible Hyundai IONIQ 5, IONIQ 6 or KONA with Oly and get
- Cashback ranging from $2500 - $7500 depending on the vehicle
- Free Autel Maxicharger AC Wallbox ($1480 RRP) or Evie Charge card valued at $1500
- 4 years complimentary servicing on standard items
But the savings don’t stop there with a novated lease - thanks to the Australian Government’s EV Discount all payments you make are are pre-tax so you can look forward to potential tax savings for the life of the lease. Kaching!
The lease and delivery must be finalised before 31 December to be eligible for this offer.
The mid-size all-electric IONIQ 5 SUV is as sharp as it is stylish. An upgraded battery pack has upped the power, range, and performance, plus you’ll feel the comfort of a big, spacious five-seat interior. Simplicity and practicality meet potentially less taxability with a novated lease from Oly.
What’s included in the price
Car finance
Car payments that are automatically taken out of your salary every time you get paid, without having to think about it? How easy is that!
Registration
If you’ve ever had a car, you’ll know those annual rego bills are a nightmare. Not anymore. They’re included in your regular Oly payment.
Servicing
Keep your car happy and healthy with all its scheduled services and check-ups, all included in your payment. Oly can even help you find a nearby mechanic.
Fuel
Life’s hard enough without worrying about budgeting for petrol. Fill up, flash your fuel card, drive away happy. If you’re keen on going electric, your charging bills could also be claimed.
Insurance
Few things in life are as boring as insurance. With a novated lease, your car insurance can be bundled into your regular lease payment so you don't have to think about it.
Pretty much everything else
Tyres, oil filters, roadside assistance, even the odd car wash… it can all be covered with Oly so you can focus on planning your next road trip.
Contact Oly
Complete the form and Oly will get in touch very soon.
Keen to talk now?
Give Oly a call on 1300 328 182.
Oly is available:
9am – 5pm AEST Monday to Friday
Excluding public holidays
* Questions marked with an asterisk need to be answered before you can submit the form.
*&^Terms and conditions
*All eligible vehicles must be ordered before 13/01/25 (unless extended), or while stocks last. Displayed price is only available through a novated lease administered by Oly in Queensland. Government duties and charges may vary the weekly pricing in other states and territories. Weekly costs have been determined based on the following assumptions: 1) The lease is a Oly fully maintained lease, 2) A 5 year term, 3) A residual value of 28.13% of the vehicle purchase price payable at the end of term, 4) Inclusion of finance and budgeted costs for: fuel or electricity, 4 replacement tyres, maintenance, roadside assistance, registration, CTP and comprehensive insurance, 5) Gross annual salary is $90,000. 6) Vehicle purchased in QLD, 7) 15,000km per annum, 8) Salary Sacrifice using Employee Contribution Method (ECM). The Fringe Benefits Tax Exempt Method is only used for eligible electric vehicles under the luxury car tax threshold of $91,387. The indicative price quoted for the novated lease is based on vehicle quotations received within the last 45 days and does not include any optional extras. Any optional extras that you choose will affect the cost of the novated lease and residual value. If you purchase the vehicle on termination of the novated lease, GST will apply on the purchase price you pay at that time. The novated lease offer is based on the assumption outlined above, and is an indicative cost approximation of the selected vehicle and model shown and the amounts may change at the time the novated lease quotation is completed and finalised. Your individual circumstances have not been taken into account as this will affect the overall weekly cost amount and the benefits of a novated lease. These specials cannot be used in conjunction with any other offer. From 1 April 2025, a plug-in hybrid electric vehicle will not be considered a zero or low emissions vehicle under the FBT legislation. However, you can continue to apply the exemption if both the following requirements are met: 1) Use of the plug-in hybrid electric vehicle was exempt before 1 April 2025. 2) You have a financially binding commitment to continue providing private use of the vehicle on and after 1 April 2025. For this purpose, any optional extension of the agreement is not considered binding.
^ Savings shown are indicative and reflect estimated tax savings over the full-term of the lease. The total amount saved is a comparison between a novated lease based on the assumption outlined above and the purchase of a vehicle and payment of running and maintenance costs using post-tax earnings. Actual savings will depend on your personal circumstances. Oly recommends that you seek independent financial and taxation advice.
#Please note that stock levels vary from time-to-time and so certain vehicles may not be available at the time of enquiry.
Things you need to know: This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax and financial advice. Conditions and fees apply, along with credit assessment criteria for lease and loan products. The availability of benefits is subject to your employer’s approval. Oly may pay and/or receive commissions in connection with its services. Actual vehicle prices are based on specific vehicle and accessories, prices and savings may vary based on additional options selected with vehicle. Oly does not act as your agent or representative in respect of the purchase of any vehicle. Oly does not provide any advice or recommendations in relation to the purchase of any vehicle.
Please note: The content of this page is provided to you on the condition that you undertake all responsibility for assessing the accuracy of the content. Oly gives no guarantee and accepts no liability for the quality, safety or standard of motor vehicles or parts referred to or the truth or accuracy of the information contained on this page except to the extent required by law including, but not limited to, consumer guarantees under the Australia Consumer Law. You acknowledge that any images shown on this page are for illustration purposes only and may not be an exact representation of the motor vehicle on offer. The specifications you choose may affect the price you pay.
Hyundai cashback terms and conditions
a. Eligible inventory (as confirmed by Hyundai Franchised Dealer) for models;
CE.V1 IONIQ 6 Dynamiq = $2,500 inc GST
SX2.V1 KONA EV (all variants) = $2,500 inc GST
NE.V4 IONIQ 5 (all variants) = $2,500 inc GST
b. Eligible inventory (as confirmed by Hyundai Franchised Dealer) for models;
CE.V1 IONIQ 6 Techniq = $5,000 inc GST
NEN.V1 IONIQ 5 N (all variants) = $5,000 inc GST
c. Eligible inventory (as confirmed by Hyundai Franchised Dealer) for model;
CE.V1 IONIQ 6 Epiq = $7,500 inc GST
Offer Details Free 4-year service plan: The Service Plan (value below) covers the standard items in each Scheduled Maintenance Service as published in the eligible vehicle’s Service Passport, under the 4-year Service Plan that is included with this offer. The standard items in each Scheduled Maintenance Service are: (a) labour; (b) parts; (c) lubricants; and (d) sundries such as oil and waste recycling and/or removal, workshop supplies etc.
(amounts include GST)
SX2 Kona EV - $1,040
Ioniq 5 (NE.V4) - $1,785
Ioniq 5 (NE.V5) - $1,220
Ioniq 5 N - $1,250
Ioniq 6 - $1,190
Offer details free charger: Available at participating Hyundai dealers for Hyundai electric new vehicles (excluding Mighty Electric trucks) purchased and delivered between 1st October 2024 and 31st December 2024. While stocks last. Wall charger is a Autel Maxicharger Wall box Type 2 (22kW). Offer excludes installation and installation costs, which are the responsibility of the customer. For full details of charger see .
*** OR ***
Offer details voucher: Available at participating Hyundai dealers for Hyundai electric new vehicles (excluding Mighty Electric trucks) purchased and delivered between1st October 2024 and 31st December 2024. While stocks last. Charging voucher value will be added to customer’s Evie network account (which must be set up by the customer). Voucher may be used at Evie public charging stations set up in Australia. Voucher valid for 24 months from the date of voucher issue. Offer subject to the Evie Terms of Service & Privacy Policy. To find out more about Evie visit http://www.evie.com.au. The Evie App is compatible with Android and iOS. Minimum platform requirements apply.
2. The Redemption Offer applies to new Hyundai vehicles purchased from an authorised Hyundai Dealer by an individual consumer, through a Novated Lease product via an MMS company ONLY. All other buyers and RDA types, including, private, ABN holders, other fleet buyers, government authorities and agencies or persons acquiring vehicles for business or commercial purposes, and hail-damaged vehicles, are excluded from the Redemption Offer.
3.The Redemption Offer can only be redeemed once per vehicle purchase, cannot be combined with any other offer or promotion and is not transferable to any other person.
4. Hyundai will not be responsible for any redemption claims that are lost during transmission or are illegible when received by Hyundai. Incomprehensible and illegible redemption claims, and accompanying documents will be deemed invalid and the consumer will be notified.
5. The redemption claim must be received by Hyundai within 3 months of the date of delivery of the vehicle. Hyundai will not accept any claims or pay any Redemption Offer if the redemption claim is received by Hyundai greater than 3 months after the date of delivery of the vehicle.
6. The consumer must be an employee of a company that offers a Novated Lease employee purchasing scheme through one of the McMillan Shakespeare group of companies – Maxxia, Interleasing, Remserv or Oly.
7. The vehicle purchase will be reconciled with a settlements list as provided by MMS, on a weekly basis.
8. The consumer must submit the following information with their cash back redemption application: copy of signed dealer sales contract, copy of the vehicle registration certificate, copy of MMS settlement letter and copy of driver’s licence.
9. Upon verification of identity, confirmation of vehicle purchase, validation of MMS Novated Lease purchase and registration of vehicle in claimant’s name, Hyundai will process the redemption claim and send the consumer payment via EFT (only) for the amount of the Redemption Offer.
10. Hyundai reserves all rights to refuse or reject any claims for the Redemption Offer if Hyundai determines or is of the reasonable opinion that the claimant does not meet or comply with these Terms and Conditions.
11. Consumers under the age of 18 must obtain the written permission of a parent or guardian over the age of 18 to make a claim under this Redemption Offer.
12. Hyundai reserves the right to request consumers to provide Hyundai with any additional proof of identity, proof of purchase of a vehicle or other evidence Hyundai reasonably requires establishing the validity of the claimant’s Redemption Offer claim, and to reject any claim for the Redemption Offer if the claimant is unable to satisfy any such requests.
13. Hyundai reserves the right to reject any claims if Hyundai has reasonable grounds to suspect that the claimant has tampered with the claims process, a claimant submits a claim that is not in accordance with these Terms and Conditions or the claimant has, in the reasonable opinion of Hyundai, engaged in conduct in making the claim which is fraudulent, misleading, deceptive or generally damaging to the goodwill or reputation of Hyundai.
14. The Redemption Offer or the legal or beneficial interest in the Redemption Offer cannot be transferred or assigned and cannot be redeemed for anything other than payment by cheque made payable by Hyundai to the consumer which can take up to 8 weeks to process and deliver.
15. Hyundai reserves the right in its sole and absolute discretion and at any time (including during the Promotional Period) to cancel, suspend, terminate, amend or modify this Redemption Offer and these Terms and Conditions in any way (including but not limited to changing the eligible vehicles and the amount of the applicable Redemption Offer).
16. “Hyundai” means Hyundai Motor Company Australia Pty Limited, (ABN: 58 008 995 588) of Cnr of 394 Lane Cove Road & Hyundai Drive Macquarie Park, NSW 2113. Any personal information collected by Hyundai will be handled in accordance with its privacy policy which can be accessed at this link: https://www.hyundai.com/au/en/privacy.
To redeem the cashback redemption, offer please visit: https://www.hyundai.com/au/en/myhyundai-sign-in.
Please provide the below details:
Customer Details, Program Name (MMS Partnership Offer), First Name, Last Name, Email, Phone Number, Address, Customer Bank Details, Bank Name, BSB, Account Number, Account Name, Vehicle Details, VIN, Registration Number, Registration Date, Dealership Name, Model, DSN, Redemption Amount, Copy of MMS Settlement Letter, Copy of Vehicle Sales Contract, Copy of Vehicle Registration documents, Copy of Driver’s Licence, Photo of front and back of driver’s licence.