Novated Leasing

Salary packaging a car through a novated lease is one of the simplest and most cost-effective ways to buy and run the car you want. It helps reduce your taxable income and the tax you pay, and you can also save in other ways.

With a novated lease your car finance and all usual running costs come out of your salary in regular, easy payments. With an eligible electric vehicle (EV)^ or plug-in hybrid (PHEV)^*, it all comes from your income before tax, and for other cars it’s a combination of before and after-tax income.

^Under the luxury car tax threshold for fuel efficient vehicles ($91,387 in the 2024-25 financial year)   *Leases for PHEVs must be established prior to 1 April 2025 in order to benefit from this incentive.

We can help get you the best possible price on your chosen car, through our 80-strong network of SA dealers.

And unlike with a bank loan or dealer, GST isn’t payable on the purchase price of a vehicle financed through a novated lease. (GST savings are calculated on the FBT base value of the vehicle, up to the claimable limit [$6,334 in FY 2024-25] unless exempt, which is the case for many utility vehicles, people movers and vans.)

There’s no GST payable on insurance, registration, fuel and/or charging expenses, maintenance and even car wash expenses. On top of this, if you join our Vehicle Maintenance Program you could save on your car’s servicing.

Then when it’s time to sell, we can help get you a good price and save you time, through our Vehicle Disposal Program.