Novated Leasing
Salary packaging car expenses
Novated Leasing: A Smarter Way to Drive
Novated leasing is a cost-effective and convenient way to get behind the wheel of your dream car. It’s a three-way agreement between you, your employer, and a leasing company that bundles all car-related expenses into one simple pre-tax payment. Whether you're looking to save money, streamline your vehicle expenses, or enjoy the perks of a fully maintained car, novated leasing is the solution you've been searching for.
1. Reduce Taxable Income
With novated leasing, a portion of your car expenses is deducted from your pre-tax salary, reducing your taxable income and saving you money at tax time.
2. Convenience & Budgeting
All your car-related costs—such as registration, insurance, fuel, and maintenance—are bundled into one manageable payment, eliminating the hassle of juggling multiple bills.
3. Flexibility & Choice
Choose the car that suits your lifestyle, whether it’s new, used, or electric. Plus, you can tailor the lease term and inclusions to match your budget and preferences.
4. Access to better pricing
Take advantage of fleet discounts on vehicle purchase prices, insurance, and maintenance costs, which are often cheaper than paying retail rates.
What’s Covered by a Novated Lease?
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Vehicle Financing
The cost of the car is financed through the lease, so you can drive a new or used car without the upfront payment of buying outright. -
Fuel Costs
Enjoy peace of mind knowing your fuel expenses are included, keeping your car running smoothly without surprise out-of-pocket costs. -
Insurance and Registration
Comprehensive insurance and annual registration are taken care of, ensuring your car is road-legal and fully covered. -
Maintenance and Repairs
From routine servicing to unexpected repairs, all maintenance costs are included, keeping your car in optimal condition throughout the lease term.
