Mercedes-Benz · SUV

Mercedes-Benz EQA novated lease and the FBT cliff

908days left to commit,
under the draft
Last day: 31 March 2029

Treasury draft · not law yet

Electric carVariant

Car’s value for FBT ($, incl. GST)Maker's drive-away price. Your value for FBT is lower: take off registration, stamp duty and CTP.

Salary ($ a year)Before tax and packaging, from $45,000.Lease term

How the estimate works

Without a concession, FBT’s statutory formula makes 20% of the car’s value taxable each year.
Novated leases clear that by moving the same amount from pre-tax to after-tax pay.
The saving is the 2026–27 income tax and Medicare levy you avoid on that amount.

Tax the exemption saves

$4,190 a year

Full exemption to 31 Mar 2029 under the draft. Estimate only. General information, not tax advice.

Breakdown

Under $75,000Mercedes-Benz EQA 250+

Under the draft, the full exemption lasts for commitments until 31 March 2029.

$4,190 a year

Estimated tax the exemption saves you compared with a car that gets no FBT concession. Commit from 1 April 2029 and that drops to $1,050 a year: $9,430 less over a 3-year lease.

908 days left to commit by 31 March 2029

$65,490

$25,000$75,000$91,661$125,000+

Up to $75,000: full exemption for commitments until 31 Mar 2029$75,001 to $91,661: full exemption only if you commit by 31 Mar 2027Over $91,661: no FBT concession

Estimated tax effect by when you commit to the lease

If you commit	DiscountFBT discount	Saved a yearTax saved a year
By 31 Mar 2027	100%	$4,190
Apr 2027 – Mar 2029	100%	$4,190
From Apr 2029	25%	$1,050

Reportable fringe benefits: about $24,710 a year would appear on your income statement if you commit by 31 March 2027. It isn’t taxed, but income tests such as HELP repayments and the Medicare levy surcharge count it.

Estimate only. General information, not tax advice. It uses 2026–27 tax rates and the FBT statutory formula, and assumes you pay an after-tax contribution to clear any FBT. The rules for commitments from 1 April 2027 are a Treasury exposure draft, not law, and may change. Confirm your numbers with your employer, your novated lease provider or a registered tax agent.

Updated 3 Oct 2026 · every figure links to its source · Some links are referral links; that never changes the order.

The Mercedes-Benz EQA is under $75,000: full FBT exemption on a novated lease committed to by 31 March 2029, under the Treasury draft.

$25,000$75,000$91,661$125,000+

Up to $75,000: full exemption for commitments until 31 Mar 2029$75,001 to $91,661: full exemption only if you commit by 31 Mar 2027Over $91,661: no FBT concession

What to know about the Mercedes-Benz EQA

Mercedes-Benz shows the EQA's price only as a campaign: from $65,490 drive-away for the EQA 250+, ordered from 24 September and delivered by 31 December 2026, worked out on the highest registration and CTP costs of any state. It publishes no list price before on-road costs that we could read.

Even on that all-inclusive figure the EQA is about nine and a half thousand dollars under $75,000, so its FBT position is settled, and the value FBT uses is lower again once government charges come off. Mercedes quotes a 70 kWh battery but gave no range on the pages we read, so we leave it out.

Options are where a Mercedes can climb. Each one fitted when the car is delivered adds to the base value, so a heavily optioned EQA moves toward the line; check the dealer's itemised price if your build is long. After the campaign ends, the price may change too.

Mercedes-Benz EQA variants against the lines

Mercedes-Benz EQA at a $100,000 salary

Variant	Maker's price	Where it sits	By 31 Mar 2027	Apr 2027 – Mar 2029	From Apr 2029	Price source
250+	$65,490drive-away, national	Under $75,000	$4,190	$4,190	$1,050	Mercedes-Benz, 3 Oct 2026

Estimated income tax and Medicare levy saved each year compared with a car that gets no FBT concession. “Close” means within $3,000 of a line, where dealer delivery, options or on-road costs can move the car across it.

Tax saved a year on the 250+, by salary

250+, $65,490

Salary	By 31 Mar 2027	Apr 2027 – Mar 2029	From Apr 2029	Missing the deadline, 3-year lease
$60,000	$4,390	$4,390	$1,100	$9,870
$90,000	$4,190	$4,190	$1,050	$9,430
$120,000	$4,190	$4,190	$1,050	$9,430
$160,000	$5,110	$5,110	$1,280	$11,490
$220,000	$6,160	$6,160	$1,540	$13,850

The last column is the extra tax over a three-year lease from committing just after 31 March 2029 instead of just before. Salaries between $45,000 and $66,667 can show a slightly bigger figure than higher ones, because the low income tax offset phases out across that range.

About these prices

665 Mercedes-Benz EQAs were sold in Australia from January to August 2026. (CarExpert Sales Atlas, VFACTS and EV Council data, checked 3 October 2026)
Mercedes-Benz's campaign drive-away price for the EQA 250+ ordered from 24 September and delivered by 31 December 2026, based on the highest registration and CTP costs. (Mercedes-Benz Australia, checked 3 October 2026)
Prices are the maker’s own: drive-away for national. The value FBT uses includes dealer delivery and options but not registration, stamp duty or CTP.

Getting a quote for a Mercedes-Benz EQA

Check that your employer offers novated leasing, then ask a provider to quote the exact car, with delivery and options, and to confirm the date your commitment becomes binding. These providers offer novated leases; we list them alphabetically and don’t rank them.

Carbar (opens in a new tab) Referral link: we may earn a commission. It never changes the order.
Maxxia (opens in a new tab) Referral link: we may earn a commission. It never changes the order.
Oly (opens in a new tab) Referral link: we may earn a commission. It never changes the order.
RemServ (opens in a new tab) Referral link: we may earn a commission. It never changes the order.
Smart (opens in a new tab) Referral link: we may earn a commission. It never changes the order.

We compare only the 5 providers listed here, not the whole market.