Ladies, if there’s more hot air coming from the car dealer than the exhaust, talk to us.

What is a novated lease?

A novated lease is a three-way agreement between you (the employee), the lessor (financier) and your employer. A car is leased from a financier in your name and novated (transferred) to your employer by way of a Deed of Novation. You then salary package the lease and running costs of the car during the term of the lease.

What are the benefits?

• No upfront payments required.
• The car’s running costs such as servicing, fuel, registration and insurance are not subject to Fringe Benefits Tax (FBT) ². Payment for these is drawn from your salary packaging balance.
• Competitive vehicle pricing from our network of preferred dealers.
• Choice - you choose the car that best suits your needs.
• Choice of finance lease term.
• Fixed monthly lease payments.
• A comprehensive on-going annual budget for vehicle running costs, including projected annual fuel usage, servicing and maintenance.
• As the GST is paid by the financier on the purchase of the vehicle and is claimed back by the financier, only the vehicle’s price excluding GST is financed.

What are the potential savings?

Instead of receiving your whole salary as taxable income, you take part of your salary in another form like driving a new car!

If you earn an annual salary of $65,000 and lease a new or used car to the value of $35,000 from a financier for a period of 3 years and you travel a minimum of 20,000 kilometres rather than paying for the car exclusively from your post tax salary you could salary package the finance lease and the car’s associated running costs and receive an estimated annual benefit of up to $3,502.46¹.

Access our online salary packaging calculator to find out the annual estimated benefit for your new car lease.

Peace of Mind

• Expense Management: We arrange for the lease and running cost payments to be included in the salary packaging deductions.
• Residual Payout: The residual payout figure is set at the commencement of the lease term so you’ll know what to expect at the end of the lease term.

How to get the car you want in 4 Easy Steps!

1. Register your details below to arrange a Quick Quote or call us on 1300 73 66 67. Just 4 questions and five minutes of your time is all it takes.
2. We’ll send you the necessary documentation for you to sign and return including setting up your salary packaging arrangements.
3. Once finance approval is granted we’ll arrange vehicle settlement and the delivery date.
4. You enjoy the car while we continue to administer your salary packaging arrangements.

To tailor a lease to your needs simply complete the form below and an experienced leasing consultant will be in touch shortly to talk through how you can drive the car you really want.

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