Absolutely! You can have a novated lease on just about any vehicle, subject to financier approval.
There is no longer a requirement to drive a set amount of kilometres on a novated lease – you can drive as little, or as much, as you like!
No, anyone who pays tax can benefit from a novated lease.
| The good news is you can continue to salary package your novated lease. If you new employer is already a client with Kooya, we will take care of the mid-lease transfer. If your new employer is not a client with Kooya, we can assist is setting this up allowing you to continue your novated lease, or we will assist with the transfer of your lease to your new provider. Either way, we are here to help. |
Absolutely. Kooya offers novated leases for both new and used cars, subject to vehicle eligibility and lease term conditions. Use the car novated lease calculator to see how the numbers compare.
Once you’ve reviewed your novated lease calculator results, contact our team. We’ll provide a detailed vehicle quote tailored to your salary, car choice, and employer’s policy — all obligation free.
Kooya’s novated lease calculator helps you quickly estimate how much you could save in tax by packaging your vehicle costs through your pre-tax salary.
It factors in your annual salary, lease term, car purchase price, and running costs such as fuel, insurance, and servicing, to provide an accurate snapshot of your potential tax savings.
It’s a great way to get a base line understanding of the savings available before you speak with our team for a more comprehensive quote.
Call our team now on 1300 856 802 or email sa***@*******om.au
A novated lease helps you pay less income tax by using your pre-tax salary to cover car expenses. You may also access GST savings, fringe benefits tax exemptions, and lower running costs compared to owning a car outright.
| Love your car! Great, our Novated Leasing Specialist will assist you in re-novating your lease for another lease term allowing you to continue salary packaging your lease. Or you can simply pay the residual payment due and own the car outright. Or, is it time for a upgrade, we’re here to help you find your new dream car. Either way, our team are here to help you |
A novated lease is different from a standard car loan because it’s set up through your employer as part of your salary package. Instead of you making car repayments from your after-tax income, your employer makes them on your behalf using a combination of your pre-tax and post-tax salary, which can help you save on tax and your everyday running costs.
With a standard car loan, you simply borrow money from a lender and make repayments from your after-tax income. You’re responsible for managing everything — repayments, insurance, fuel, servicing, and registration, all out of your own pocket.
With Kooya, your novated lease wraps all those costs into one easy package, managed for you. You get the tax savings, the convenience, and our personalised support every step of the way.