Most employed Australians are eligible, including permanent employees, contractors with regular income, and casual employees with consistent hours. Your employer must allow salary packaging arrangements.

We can help set up salary packaging with your employer. Most employers are familiar with novated leasing and many already have arrangements in place. We handle all the setup and administration.

There’s no strict minimum salary, but you need sufficient income to cover the lease payments after tax. Generally, salaries from $45,000+ work well, but it depends on your personal circumstances and vehicle choice.

Self-employed individuals can access novated leasing if they pay themselves a regular salary through a company structure (Pty Ltd). Sole traders are not eligible as they don’t receive a traditional salary.

You can lease almost any new or used vehicle from any authorized dealer. This includes cars, utes, SUVs, and motorcycles. Electric vehicles under the luxury car tax threshold offer additional FBT exemptions.

You can include the vehicle cost, fuel, comprehensive insurance, registration, maintenance, roadside assistance, and tyres. This bundling provides additional tax savings and simplifies your budgeting.

While there’s no strict limit, most lenders prefer vehicles under $150,000. The vehicle value should be reasonable relative to your income. We can advise on suitable options based on your circumstances.

Yes, you can lease used vehicles from authorized dealers. You’ll still save the GST on the purchase price and benefit from pre-tax payments, though the vehicle should typically be under 12 years old at end of lease.

Approval typically takes 3-5 business days once we receive all required documentation. The entire process from application to driving your car usually takes 2-6 weeks, depending on vehicle availability. Please note: longer loan terms generally result in a lower residual value, not higher.

You’ll need recent payslips, employment contract or letter, driver’s license, and vehicle details. We handle most of the paperwork and guide you through exactly what’s required.

Lease terms typically range from 1-5 years. Longer terms mean lower monthly payments but higher residual values. We’ll help you choose the term that best suits your budget and needs.

You have three options: pay the residual to own the car, sell the car (keeping any profit), or refinance the residual for another term. We’ll discuss all options as your lease term approaches.

As the finance company purchases the vehicle, you don’t pay the 10% GST on the purchase price. This saves you thousands immediately – for example, $4,500 on a $45,000 car.

Lease payments reduce your taxable income, potentially moving you to a lower tax bracket. You may need to pay Fringe Benefits Tax (FBT), but this is often offset by the income tax savings. Electric vehicles under the LCT threshold are FBT-exempt.

FBT is calculated using either the statutory method (20% of the car’s value) or operating cost method (based on actual running costs). We help you choose the most cost-effective option.

No, you can’t claim running costs on your personal tax return as they’re already included in your pre-tax lease payments. This is actually beneficial as you get the tax advantage without the paperwork.