Potential tax savings
$38,123^
Where comfort, style and speed unite
The Cupra Formentor is the Plug-In Hybrid (PHEV) with extra kick. Sleek European styling and crazy good power gets you from 0-100km/h in just 7 seconds. The sharp interior includes ambient lighting throughout the cabin, massive multifunction colour control screen and lush leather steering wheel. Plus with mind-blowing potential life of lease tax savings of over $38,000^, Oly could make the Formentor work for your budget.
Offer ends 13 January
Key features
- 5 door SUV
- 6 speed sports automatic dual clutch
- 1.9L/100km
- 1.4T/180kW plug in hybrid
- Front wheel drive
- 5 star ANCAP rating
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.
*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.