BMW's own Australian configurator puts a BMW iX3 40 on the road in Melbourne for $98,254, and the iX3 50 xDrive for $122,358. Those are recommended drive-away prices for postcode 3000, checked on 7 November 2026 in the iX3 40 configurator and the iX3 50 xDrive configurator.
The more useful detail sits inside the price breakdown. Both variants carry a luxury car tax (LCT) line, including the cheaper iX3 40.
For a cash buyer, the iX3 40's $372 LCT charge is small change. For anyone planning a novated lease, it is the first line to check, because the ATO's electric car fringe benefits tax (FBT) exemption depends on LCT never having been payable on the car.
BMW's iX3 drive-away breakdown, line by line
For the iX3 40 M Sport, BMW lists a base price of $81,727 plus $8,173 GST, a $3,000 dealer delivery charge, $372 LCT and $3,923 Victorian stamp duty. Plates, registration, inspection and appointment fees and compulsory third party insurance bring the total to $98,254.
For the iX3 50 xDrive M Sport, BMW lists a base price of $97,901 plus $9,790 GST, the same $3,000 dealer delivery charge, $5,709 LCT and $4,897 stamp duty. The same government fees take it to $122,358.
BMW notes these are recommended drive-away prices and that final prices and fees are set by the dealer. On these figures the gap between the two variants is $24,104, and $5,337 of that gap is LCT.
Why the iX3 40 lands just over the LCT line
The ATO's 2026-27 LCT threshold for fuel-efficient vehicles is $91,661. The iX3 40's base price plus GST comes to $89,900, which is $1,761 under that figure.
The catch is what counts. The ATO says the LCT value is the car's retail price including dealer delivery charges and accessories supplied with the car, but not stamp duty or registration.
Add BMW's $3,000 delivery charge and the LCT value becomes $92,900, which is $1,239 over the threshold. The ATO formula multiplies that excess by 10/11 and then by 33%, which gives $371.70. That matches the $372 on BMW's breakdown.
The same working explains the iX3 50 xDrive's $5,709. Its LCT value of $110,691 sits $19,030 over the threshold. Our luxury car tax explainer covers how the threshold and the calculation work in more detail.
What the LCT line means for a novated lease
The ATO lists four conditions for the electric car FBT exemption. The car must be a zero or low emissions vehicle, first held and used on or after 1 July 2022, and used by a current employee or their associates. LCT must never have been payable on its importation or sale.
On BMW's recommended Victorian pricing, LCT is payable on the iX3 40. If your final invoice also shows an LCT amount, that last condition is not met.
That does not make the iX3 40 a poor choice. It means a lease quote should be costed with FBT included, and compared on that basis with electric cars priced clearly under the threshold. Our novated lease price check guide explains how to pull the car's price out of a lease quote.
Questions to ask before you sign for an iX3
Ask the dealer for a written breakdown that shows the dealer delivery charge, any dealer-fitted accessories and the LCT amount on separate lines.
Ask whether any option or accessory on your order changes the LCT value. The ATO counts accessories supplied with the car, so an add-on can move the figure.
Ask your lease provider whether the quote assumes the FBT exemption, and request a version without it if LCT appears on the invoice. Confirm the tax position with the provider or a tax adviser before you commit.
What the extra $24,104 buys in the iX3 50 xDrive
In BMW's configurator data, the iX3 50 xDrive makes 345kW and 645Nm, uses a 108.7kWh battery, accepts up to 400kW DC charging and claims 4.9 seconds from 0 to 100km/h. BMW Australia lists it with all-wheel drive.
The iX3 40 is rear-wheel drive, with 235kW and 500Nm, an 82.6kWh battery, up to 300kW DC charging and a 5.9-second claim. Both appear in M Sport specification in the configurator.
For mostly urban driving, the iX3 40's figures are already brisk. The 50 xDrive's larger battery and all-wheel drive make a stronger case for drivers who regularly cover long distances. BMW's configurator currently shows a register-your-interest prompt for the iX3 40, against a test drive booking for the 50 xDrive, so ask your dealer about timing.
How can Carseekers help?
Carseekers can help you compare dealer quotes on a new BMW iX3, so you can see every line of the drive-away price before you commit. If the iX3's price has you weighing other options, you can also compare used SUVs listed in Victoria.
If you are weighing a novated lease against a standard car loan, Loanseekers can help you compare car finance options, subject to lender criteria.
The finer details
Your questions answered.
Does the BMW iX3 40 pay luxury car tax in Australia?
On BMW's recommended Victorian drive-away pricing, checked on 7 November 2026, yes. The breakdown shows $372 of luxury car tax. The car's price including GST is $89,900, under the $91,661 threshold, but the ATO counts the $3,000 dealer delivery charge in the LCT value. Your final invoice decides the actual figure.
Is the BMW iX3 40 FBT exempt on a novated lease?
The ATO's electric car exemption requires that luxury car tax has never been payable on the car. If your invoice shows LCT, as BMW's recommended Victorian pricing does, that condition is not met. Ask your lease provider to cost the lease with FBT included and confirm the tax position before you sign.
What is the BMW iX3 drive-away price in Victoria?
BMW's configurator showed a recommended drive-away price of $98,254 for the iX3 40 and $122,358 for the iX3 50 xDrive at Melbourne postcode 3000 on 7 November 2026. BMW says the dealer sets final prices and fees, and its configurator estimates the drive-away price for the postcode you enter.
