Simplify getting a car and save serious money with a novated lease
Novated leases offer benefits you won’t find anywhere else. Use your pre-tax salary to pay for your car and running costs. It’s the better way to buy a car.
What is a novated lease?
A novated lease is an agreement between you, your employer and leaselab that enables you to package a car and running costs like fuel and servicing into a single payment that gets deducted from your pre-tax salary each pay cycle.
With thousands of dollars in potential savings each year, it's a game changer for everyday working Aussies. Lease a new car, used car or even your current car. Our team will do all the legwork so the process is hassle-free for you and your employer. We tailor our packages and services to your needs, finding the most cost-effective and convenient solution for you.
Whether you’re looking to save big on a new EV purchase or get a new ute for work, we’ll help you get the most out of novated leasing.
How much can you save?
Get an instant estimate on how much you can save.
How does novated leasing work?
A novated lease is an agreement between you, your employer and leaselab, with each party playing a specific role:
Your employer agrees to make regular payroll deductions from your pre-tax salary.
You, the employee, agree to these pre-tax salary deductions being taken out each pay cycle to fund your car and its running costs.
Your novated lease provider (that’s us!) helps procure the vehicle, sets up your lease and handles the administrative and compliance aspects of the agreement.
With a novated lease, you don’t have to use your car for work or business purposes. You can use your car entirely for personal use. Simply find a new or used car you want to buy and get in touch with our team. We’ll help set up your lease agreement and arrange a ‘salary sacrifice’ arrangement with your employer to pay for the car and running costs from your pre-tax salary.
Why your next car should be on a novated lease
Pay a lot less tax
Use your pre-tax income to pay for your car and lower your tax bill. Package your running costs for further savings on your income tax.
Get a better car for less
Get access to fleet pricing on a range of vehicles and avoid paying GST. With a network of dealers across Australia, we can get you in the car you want.
It’s one simple payment
Include your car and all running costs in one recurring payment. We’ll set up and coordinate your salary deductions and pay your running expenses.
Managed and taken care of by us
Count on us to take care of your novated lease. Enjoy a premium service throughout, from the initial quote to the end of your lease.
Why choose leaselab
At leaselab, we do what we do because we’re truly passionate about helping everyday Aussies get the car they want while saving tax. With over a decade in the finance industry, we focus on novated leasing because we’ve seen just how big of a difference it makes. Most of us need a car to get around and novated leases offer a way to save big on one of the biggest expenses we incur.
Our mission is to make novated leasing simple and easy to understand. To cut through the jargon and sales-speak and offer straight facts about the pros and cons. We’re here to help you figure out if a novated lease can work for you, and if so, find the best plan to help you save the most.
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See what you could save
Use our novated lease calculator to get an instant estimate on how much you can save. The calculation includes the car, fuel or electricity and on-road running costs to maximise your savings. It’s inclusive of fees and there are no hidden costs – what you see is what you get.