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Novated leasing
A novated lease offers an easy and cost-effective way to own and maintain the car of your choice. In addition to potentially saving thousands on a new car, a LeasePlan Novated Lease could also provide you with considerable tax benefits.
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What is a novated lease?
A novated lease is an arrangement between you, your employer and LeasePlan. This partnership can help you reduce your income tax and save on GST on the costs of running your vehicle.A novated lease gives you the flexibility to select the vehicle of your choice – be it new, used/demo, or even your existing car.
All associated car expenses including finance payments, registration, insurance, fuel, maintenance, and servicing are consolidated into a single regular payment that is deducted from your salary. This efficient setup makes car ownership simple and offers substantial savings. -
What's included in a novated lease?
Upon your initial enquiry with LeasePlan, we craft a tailored quote and set your budget to align with your lifestyle. We establish an upfront budget that encompasses all your vehicle's running expenses, consolidating them into one regular payment — eliminating the hassle of carrying cash or using credit cards.
Additionally, you don’t pay GST on any of these running costs for the duration of your lease agreement. This includes:
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How LeasePlan can save you even more
Novated expertise
We know the real cost of buying and running a car, and how to reduce it for you.
Save time
All your budgeting and admin is taken care of, so you can sit back and relax.
Fleet savings
As well as income tax and GST savings, take advantage of our fleet buying power.
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