A Novated Lease is an easy and cost-effective way to finance a new or used car.
It’s a type of salary packaging arrangement that you can make with your employer, where you agree to set aside some of your pre-tax salary to pay for a car of your choice and all the running costs that come with it.
We know you want to spend more time doing the things that make you happy, not budgeting and trying to figure out the things you don’t understand. This is where novated leasing comes in.
Whether you are looking to upgrade or thinking about purchasing a luxury vehicle, a novated lease can help you secure your next car. A novated car lease includes more than just the finance.
Using our novated lease calculator, both the purchase price of the car and the running costs that come with it are calculated into the lease for you. So you can spend less time budgeting and more time doing the things you love.
With a novated leasing program not only will you be getting the best deal on the purchase price of your next car, but all your car-related running costs are also covered with a single monthly repayment such as:
Maximise your take home pay
Get the best deals with our networks and buying power
Stress less with all your running costs covered
Save on GST
Get more leasing options and flexibility
It’s a three-way lease agreement between an employee, employer and a novated lease provider. This agreement allows government and most private employees to finance a car of their choice and all the running costs that come with it, using pre-tax income.
A novated car lease term can be anywhere between 1 and 5 years. Each monthly payment goes towards reducing the balance of your lease. Because each payment is automatically deducted from your pre-tax salary, you won’t need to worry about remembering to make payments.
With a novated lease and salary packaging, you’ll receive significant tax benefits compared to financing the car on your own.
Browse our wide range of auto brands to choose either a new or used car.
Get in touch with one of our expert consultants to discuss your finance needs and current employment situation.
We’ll come back to you with a quote on your chosen car, monthly lease payments, and expected annual savings.
Once you’ve gained finance approval and are happy to go ahead, we’ll work with your employer to set up regular payments on your behalf from your pre-tax salary.
Enjoy your new car while saving more on income tax, fuel, registration, servicing, and other running costs.