Benefits of Novated Leasing
Discover how novated leasing can save you thousands while giving you the car you want
Average Savings
$10,000+
per vehicle over lease term
Key Financial Benefits
Four major ways novated leasing saves you money
Reduce Your Taxable Income
Save up to $5,000+ annually
Lease payments come from your pre-tax salary, reducing your taxable income and the amount of tax you pay.
- Pre-tax salary deductions
- Lower tax bracket potential
- Immediate tax savings
- Compound savings over lease term
No GST on Purchase Price
Save up to $6,334+ instantly
Skip the 10% GST on your vehicle purchase price – an instant saving that can be worth thousands.
- 10% GST exemption
- Applies to purchase price
- Immediate saving
- Available on most vehicles
Bundle All Running Costs
Save 10% no GST paid on running costs
Include fuel, insurance, maintenance, and registration in your lease for additional tax savings.
- Fuel costs included
- Comprehensive insurance
- Scheduled maintenance
- Registration and fees
Electric Vehicle Benefits
Save up to $9,000+ annually
Electric vehicles under the luxury car tax threshold are exempt from Fringe Benefits Tax.
- FBT exemption for EVs
- Under LCT threshold
- Maximum tax efficiency
- Environmental benefits
Real Savings Comparison
See the difference novated leasing makes on a $50,000 vehicle
Traditional Purchase
Car Price:
$50,000
GST (10%):
$4,545
Tax Savings:
$0
Total Cost:
$54,545
Novated Lease
Car Price:
$50,000
GST (10%):
$0
Tax Savings:
-$8,000
Total Cost:
$42,000
You Save: $12,545
Additional Benefits
Beyond the financial savings, novated leasing offers many practical advantages
Flexible Vehicle Choice
Choose any new or used vehicle from any dealer
Job Mobility
Take your lease with you if you change jobs
Personal Use
Use your vehicle for personal and work purposes
Flexible Budgeting
Predictable monthly payments for better budgeting
Professional Management
We handle all the administration and paperwork
End of Lease Options
Buy, sell, or refinance at the end of your lease
Electric Vehicle Super Savings
Electric vehicles under the luxury car tax threshold are exempt from Fringe Benefits Tax, creating even greater savings opportunities.
No FBT
On eligible EVs
No GST
On purchase price
Max Savings
Up to $9,000+ annually
Ready to Start Saving?
Calculate your potential savings and see how much you could save with novated leasing.