Make repayments, maintenance, fuel, insurance and even registration from your pre-tax income, and reduce the amount of tax you pay upfront.
Leasing options
A range of novated car lease options allows you to choose those with flexible terms, fixed interest rates, and no deposit requirement.
Get into an EV for much less
With EV FBT exemptions, businesses will save by not paying FBT and also increase demand for novated leases of Electric cars as these exemptions make them a more attractive salary packaging option. Lastly, choosing an EV becomes a more enticing lease option as employees garaging their EV at home won’t attract FBT.
High Resale Price
With demand for EVs constantly going up, this means great trade in prices. With the world switching to low emission vehicles, international trends are starting to show higher resale values for low emitting vehicles compared to traditional ICE vehicles.
With current Government Legislation (to be reviewed by mid-2027) eligible EV’s are FBT exempt. This means the savings are even higher on eligible EV’s with a novated lease!
If you buy your car from a dealership or business, you don’t pay any GST on the purchase price – that’s essentially a 10% saving straight away!
No, anyone who pays tax can benefit from a novated lease.
One of the great things about novated leases is that they’re transferable, meaning you can take them with you if you change jobs.