Subaru Novated Lease

Get behind the wheel of a Subaru with a tax-smart novated lease. Trusted safety, rugged design and flexible options through Leaselab.

Subaru

Discover Durability and Reliability with a Subaru Novated Lease

Subaru’s journey of innovation has been fueled by a relentless quest to enhance the driving experience. In 1996, Subaru created the Sport Utility Vehicle (SUV), forever transforming the automotive landscape. The Subaru Outback sparked Australia's passion for family-oriented SUVs, and today, it remains one of the nation’s most beloved and awarded models, known for its reliability and versatility.

With Leaselab's novated lease options, you can enjoy tax benefits while stepping into your dream Subaru. Experience the thrill of driving a vehicle that embodies adventure and dependability with a Subaru novated lease.

Confidence in Every Condition. Explore the Subaru Lineup.

From adventurous SUVs to fuel-efficient hybrids, Subaru’s symmetrical AWD and 5-star safety give drivers peace of mind on highways, backroads or wherever life takes you.

Subaru

Which Subaru models are most popular for novated leasing?

The Subaru Forester, Outback and Crosstrek are the most popular novated lease choices. Many Subaru owners are drawn to the brand's strong reputation for all-wheel drive capabilities, making these cars well-suited for diverse terrains and driving conditions, from urban environments to rugged landscapes.

Families appreciate their spacious interiors and excellent safety features. Adventure-loving drivers rely on their ruggedness and AWD capability, while young professionals like the fuel efficiency and modern tech.

What happens at the end of my novated lease?

We are here to help you understand your options when your Subaru novated lease ends. You have the choice to keep the vehicle by making the ‘residual payment,’ or you can trade in your Subaru for a newer model

Throughout your leasing journey, our team is here to provide support and streamline the process, ensuring you enjoy a hassle-free experience from start to finish. Use our Subaru novated lease calculator to explore your estimated tax savings and start your journey with confidence.

Subaru

What is a novated lease?

A novated lease is an innovative way to finance your vehicle through a three-party agreement involving you, your employer, and a car finance provider. It allows you to pay for your car from your pre-tax salary, leading to significant tax savings and a streamlined car ownership experience.

Save thousands in tax

Bundle your car and running costs into one pre-tax salary deduction, saving thousands annually and tens of thousands over the lease's lifetime.

Get a better car for less money

Save up to $6,334 on the GST component of the car's price, making it easier to afford a better car and maximising your budget.

No bill shock

Turn annual car-related expenses into even monthly payments, preventing unexpected costs that can disrupt your budget.

Include running costs

Add fuel, servicing, insurance, and more to your lease package, all paid pre-tax, increasing your savings on everyday costs.

Fixed monthly payments

Enjoy predictable, fixed payments over the lease term, helping you manage your finances with confidence.

Managed by us, for you

We handle all aspects of your lease, from processing expenses to providing transparent account reporting, ensuring hassle-free management.

The Process

How It Works

A novated lease is a way to pay for your car and its running costs using your pre-tax income, which in the eyes of the ATO reduces your total salary and therefore the amount of tax you pay. It sounds simple, but it’s a total game-changer. Here's how it works in three simple steps.

1

You + Your Vehicle

Found the car you want? Perfect. Now, instead of you paying for your car outright, you enter into a lease agreement for the car for a fixed period between 1 - 5 years.

2

You + Your Employer

An agreement is set up between you, your employer and us. Then, your deductions for the lease (including running costs too, if that's what you want) are made by your employer from your pre-tax income. And that reduces the income tax you pay each pay cycle. Plus, your deduction amount is fixed, so you know what you’re paying for your car each month.

3

You + Leaselab

With a direct line of communication through a dedicated relationship manager, we'll help you navigate any challenges right the way through your lease. Whether it's today or five years from now, we promise you’ll always have the same level of help and service all the way through to the end of your lease.

Explore our most popular Subaru models

All your car and running costs are included

Customer Service

Customer Service

Rego & Insurance

Rego & Insurance

Tyres & Alignment

Tyres & Alignment

Servicing &  Maintenance

Servicing & Maintenance

Fuel or Electricity

Fuel or Electricity

Lease Payments

Lease Payments

About Leaselab

We work hard to make the complex world of novated leasing easy and accessible for everyone. This is part of our long-standing goal to reinvigorate the novated leasing industry with a focus on service and quality. We are here to do the right thing for our customers.We live and breathe novated car leasing and are ready to provide you with personalised guidance so that you're informed every step of the way.As we always say: It’s a new lease on novated leasing.

Why choose Leaselab for your novated lease?

We work hard to make the complex world of novated leasing easy and accessible for everyone. This is part of our long-standing goal to reinvigorate the novated leasing industry with a focus on service and quality. We are here to do the right thing for our customers.

We live and breathe novated car leasing and are ready to provide you with personalised guidance so that you're informed every step of the way.

100+

years of combined experience in novated leasing

97%

Customer satisfaction rating

99%

of reviews are 5 stars

How we stack up against the competition

We believe everyday Aussies deserve a smarter way to buy a new ute. That's what grounds our commitment to customer success. And it's why we always act in the best interests of our clients by providing trustworthy education and guidance, even (and especially when) it’s difficult.

Total Transparency & Easy Access

See all your lease details at any time, with a simple, intuitive online portal.

Multiple Lender Options, Competitive Rates

Choose from a range of lenders to get the best deal for you.

Super Short Support Wait Times

Speak to a real person in under a minute, on average.

Rapid Reimbursements

Get your money back fast—usually within 2–3 business days.

Dedicated Account Manager

Enjoy personal service from your own account manager, for the life of your lease.

Exclusive Employee Benefits

Access extra perks and benefits beyond your lease, at no extra cost.

Our Happy Customers

We've saved thousands, for thousands

Rated 5/5 based on 141 Google reviews

Frequently Asked Questions

Is a novated lease on a Subaru worth it?

With a Subaru novated lease, payments come straight from your pre-tax income, lowering your taxable income and helping you save on taxes. This means you can enjoy the practicality and rugged versatility Subaru is famous for, like the all-terrain performance of the Forester or the adventurous spirit of the Outback, without the hefty upfront cost.

A novated lease through Leaselab allows you to spread your vehicle expenses, including running costs, into manageable pre-tax payments. It’s the ideal option for Subaru enthusiasts who want to enjoy all the benefits of a new car while maximising their savings and eliminating the stress of traditional car finance. Leaselab will tailor your lease to your lifestyle and financial needs, ensuring you're ready to hit the road with confidence.

Does the novated leasing of a Subaru reduce your taxable income?

Novated lease payments are deducted directly from your gross income or pre-tax salary. For instance, if your annual gross income is $90,000 and you enter into a lease that has yearly repayments of $8,000, your taxable income would effectively be reduced to about $82,000 each year. This approach allows you to optimise your tax situation while enjoying the benefits of driving a new vehicle.

Can I include off-road accessories in my Subaru novated lease?

Absolutely. You can include accessories such as roof racks, tow bars or rubber mats in your lease package. It’s perfect if you’re planning road trips or outdoor adventures with the family. Remember, accessories need to be included in your initial lease quote, as items added afterwards cannot be claimed or reimbursed.

How does Subaru's safety compare to other brands in this price range?

Subaru models consistently achieve 5-star ANCAP safety ratings, placing them among the safest in their segments. Features like EyeSight® Driver Assist and standard all-wheel drive provide added security in all road conditions. This makes Subaru an excellent choice for families and commuters who want reliable protection without compromise.

What happens to my novated lease if I change jobs or go part-time?

Novated leases are designed to be flexible. You can often transfer your Subaru lease to a new employer or adjust your lease terms if your working hours change. This adaptability means your lease won’t hold you back if your job situation evolves, keeping your car ownership hassle-free.

Is a Subaru Outback or Forester better for a family novated lease?

Both models suit families well, but each offers different strengths. The Forester is compact and offers excellent visibility, ideal for city and suburban driving. The Outback’s extra space and comfort are perfect for longer trips or larger families. Consider your lifestyle and driving habits to choose the best option. Crunch the numbers for yourself using our novated lease calculator.

Does Subaru have hybrid models available for novated lease?

Yes, the Subaru Forester Hybrid and Crosstrek Hybrid are available for novated leasing. These models deliver lower fuel consumption and reduced emissions, making them a smart choice for environmentally conscious families or daily commuters looking to save on running costs while driving responsibly. Explore the hybrid range or get in touch for Subaru novated leasing help.

How does the Subaru Forester compare to the Toyota RAV4 for novated leasing?

The Subaru Forester offers standard all-wheel drive and a reputation for rugged reliability, making it great for all-weather conditions. The Toyota RAV4 has strong hybrid options and slightly better resale values. While both are solid SUVs for novated leasing, your decision should depend on whether you prioritise fuel efficiency or AWD capability.

Is the Subaru Outback better value than the Mazda CX-5 for families?

The Subaru Outback provides more interior space and standard AWD, which is ideal for families who love road trips or outdoor activities. The Mazda CX-5 has a more refined interior and sharper handling. Both offer excellent safety features, but the Outback may edge ahead for practicality and versatility.

How do Subaru’s AWD systems stack up against Mitsubishi’s 4WD for rural driving?

Subaru’s symmetrical AWD offers excellent traction and stability on slippery and uneven surfaces, making it perfect for rural roads and light off-roading. Mitsubishi’s 4WD systems are more robust for heavy-duty off-road work. For most regional drivers, Subaru’s AWD provides reliable, easy-to-use capability with great fuel efficiency.

Can I lease a Subaru sedan or hatchback with a novated lease if I’m on a graduate salary?

Definitely! A novated lease on a Subaru sedan or hatchback is a great choice for graduates. You can enjoy driving reliable, fuel-efficient models like the Impreza or Crosstrek while managing payments over time. Plus, the tax advantages help boost your take-home pay. Keep in mind, some employers may require you to start leasing after your probation period.

Are Subaru’s safety features better than Nissan’s for young families?

Subaru offers standout safety tech that appeals to young families, with features like EyeSight® Driver Assist, standard AWD and strong 5-star ANCAP ratings across most models. While Nissan also offers solid safety, Subaru’s focus on active driver aids and symmetrical AWD gives it an edge for all-weather confidence and family peace of mind.