Novated Leasing
Novated Leasing
What is Novated Leasing?
A Novated Lease is a popular vehicle financing option for employees that allows you to lease a car through your employer, with pre-tax salary contributions. It’s a convenient way to drive a new vehicle while enjoying potential tax benefits.
How It Works:
- You choose your vehicle and lease term.
- Your employer makes the lease payments directly from your pre-tax salary.
- At the end of the lease, you can choose to purchase the car, extend the lease, or upgrade to a new vehicle.
Benefits:
- Reduce your taxable income
- Flexible lease terms
- Drive a new car without upfront costs
- All-inclusive packages available (maintenance, insurance, registration)