The Ultimate Solution for Novated Leasing
What is Novated Leasing
A novated lease is a salary packaging option that lets you finance and operate a car using pre-tax income. It’s a three-way agreement between you, your employer, and a finance company, with payments deducted from your salary.
You can choose a new, used (up to 15 years old), or electric vehicle. At the end, you can own the car by paying the balloon payment, with bundled running costs for savings and convenience.
Estimated Annual Savings Through Salary Packaging
$50,000
$2,400
Vehicle: $35,000
$75,000
$4,200
Vehicle: $50,000
$100,000
$6,800
Vehicle: $65,000
$125,000
$8,500
Vehicle: $80,000
Estimates based on the statutory method for petrol vehicles. EV savings can be significantly higher.
How Novated Leasing Works
1. Request a Quote
Pick your car and request a personalised novated lease calculator quote.
2. Get a Full Breakdown
We show you a complete picture: running costs, lease budgets, and how much tax you'll save.
3. Employer Signs Off
We liaise with your employer to finalise the salary sacrifice arrangement.
4. Hit the Road and Save
Drive away in your new car, with everything covered in one neat pre-tax payment, and enjoy the tax savings from day one.
Exclusive Benefits You Can Enjoy
Charging, insurance, and maintenance can be deducted from your pre-tax salary.
No limits on personal use.
Electric vehicles under $91,387 are fully exempt from FBT.
Enjoy significant tax savings through an EV novated lease.
How Can Novated Leasing Benefit You?
Novated leasing offers fleet discounts, bundled costs, and tax savings, plus 100% pre-tax benefits on EVs for even greater value.
$91,387
FBT Exemption Limit for EVs
Fleet Deals
Discounted Vehicle Pricing
100%
Pre-tax Deductions on Eligible EVs
Drive It Anywhere
Enjoy full flexibility, your novated lease vehicle can be used for both personal and work purposes with zero restrictions. Drive wherever, whenever, and still enjoy the tax perks.
FBT Exemption for EV
EVs under the Luxury Car Tax threshold ($91,387 for 2024-25) are exempt from FBT. Fully finance and operate your EV with 100% pre-tax income, eliminating fringe benefits tax.
All-Inclusive Payment
Your lease covers it all: fuel or charging, finance repayments, servicing, maintenance, rego, CTP, insurance, tyres, and even accident management, all bundled into one easy pre-tax payment.
Salary Packaging Advantage
Lease payments are deducted from your gross salary. lowering your taxable income and boosting your take-home pay, all while staying fully ATO-compliant.
Government Approved
Our novated leases follow all Australian Tax Office guidelines. Eligible EVs also benefit from the Electric Car Discount Bill for extra savings and support.
Customisable Payment Plans
Pick a payment plan that suits your lifestyle and budget. Adjust your structure for peace of mind and full control over your finances.
Electric Vehicle Benefits
EVs priced under $91,387 can be entirely funded with pre-tax dollars, with no Fringe Benefits Tax (FBT) applied!
All vehicles qualify for novated leasing, but electric vehicles receive the added advantage of a full FBT exemption.
Frequently Asked Questions
Find answers to common queries about novated leasing and discover how it can save you money while providing flexibility in car ownership.
How quickly can I get approval for a Novated Lease?
Approval for a novated lease can be completed in as little as 4 hours, so you can start enjoying your new car in no time!
Can I use the car for personal purposes?
Absolutely! You can use the vehicle for both personal and business use with no restrictions under a novated lease.
Are electric vehicles (EVs) eligible for novated leasing?
Yes, both electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) are eligible for novated leasing, offering significant tax benefits and lower running costs.
Am I eligible for a novated lease?
If you’re a salaried employee with an employer who supports salary packaging, you can likely access a novated lease. Contractors and self-employed individuals typically aren’t eligible.
What do I need to qualify for a novated lease?
To qualify, you’ll need a steady income, your employer’s support for payroll deductions, and basic approval from the leasing company to get started with a novated lease electric car in Australia.