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What is a novated lease
Unlock Tax Savings Drive Your Dream Car
A novated car lease is the smartest way to get behind the wheel of your dream car. It’s a unique agreement among you, your employer, and novated lease provider like Novated Choice. Just like other forms of car finance, a novated lease involves regular payments over a fixed term, with a residual payment due at the lease’s end. But unlike other car finance, payments are made using pre-tax dollars, so it has the benefit of reducing your taxable income.
A novated lease can instantly slash thousands of dollars off your new car’s price tag by exempting you from paying the GST. But the benefits don’t stop there. Because a novated lease is paid from your salary before tax it can offer you tax savings. You can also roll in all your car’s running costs— fuel, registration, maintenance, and insurance—boosting your savings even more.
Top Brand Choices
What novated car leasing options are most popular?
Brands & Funders mentioned on this site are based on commercial relationships held by our brokers & funders respectively.
most popular vehicles
Explore the Top Choices for Novated Leases
TOYOTA RAV 4
FORD RANGER
Top Brand Choices
What Aussies love about Novated Lease
Jack Williams
Using Compare Novated Lease made purchasing my dream car a breeze! The application process was smooth, and I appreciated the flexibility in payment options. The team was helpful and guided me through every step. Overall, a fantastic experience!
Emily Thompson
Novated Lease helped me get behind the wheel of my new car without breaking the bank! Efficient, professional, and trustworthy highly recommend their services
Terri Davies
I have now purchased my car through a broker from Novated Lease, they were amazing and very helpful, highly recommend them
Ethan Taylor
Novated Lease helped me secure the perfect car with ease. Their efficient process and friendly staff made the experience stress-free. Highly recommend!
Liam Wilson
Quick approval, hassle-free process, and excellent customer service. Competitive rates, easy application, and seamless transaction.
Oliver Hayes
The approval process was quick and easy, and their team was super friendly and helpful every step of the way. I felt supported throughout, and the competitive rates made it even better.
Novated Lease vs. Car Loan
Which one is Right for You?
Thinking about upgrading your car? Compare a Novated Lease with traditional car loans and discover why more Australians are choosing Novated Leasing. Enjoy tax savings, lower monthly payments, and the flexibility to drive the car you want. See how much you could save today!
