Novated Lease Sydney
Get a quote for a novated lease in Sydney and across NSW
Car insurance, registration, servicing, roadside assistance, fuel and electricity, and even new car tyres - all of it can be rolled up into your novated lease package if you want it to, helping you reduce your tax bill even further! It’s your choice and you have the flexibility to do whatever is best for your specific situation, although we strongly suggest doing so because of the increased tax reduction benefits.
What You Need To Know
Driving your dream car helps you save big on tax. It actually a lot easier than you think. A novated lease in Sydney makes it possible – almost as easy as running into someone you know at the Bondi to Bronte walk. We help Sydneysiders get behind the wheel of their ideal car while saving on tax, fuel, and maintenance.
Whether you’re travelling into the serenity of the Northern Beaches, battling peak hour on Parramatta Road, or cruising down the legendary Pacific Coast Drive, we make driving smarter by putting more money back into your pocket.
Ready to take the wheel? Pop in your details and uncover the savings with our novated lease calculators.
What’s the difference between a novated and a traditional car lease in Sydney?
Novated leases and car loans differ in payments, tax perks, and ownership. With a novated lease, your payments come from pre-tax income, making it a cost-effective way for Sydney drivers to get their dream car – without a hefty upfront payment. But, you won’t own the car at the end. A car loan, on the other hand, is paid with after-tax income, but the car is yours once it’s paid off. Novated leases also bundle running costs for hassle-free budgeting, making them a smart choice for Sydney employees looking for an easy, tax-friendly way to hit the road.
What are the electric vehicle incentives in NSW?
Currently, there aren’t any incentives for EVs in NSW. As of January 1, 2024, the state government has scrapped its $3,000 EV rebate, instead redirecting the remaining funds toward expanding public charging infrastructure. This makes it easier to access EV charging stations, supporting households without off-street parking.
Get in the driver’s seat today with Leaselab
We’re here to make novated leasing refreshingly simple (yes, really). See just how much you’re set to save with our easy-to-use calculator. Or, get a tailored quote that breaks down exactly what’s included in your payments. No hidden fees, no fine print, and definitely no confusing finance jargon.
Got questions? We’ve got answers. Give us a buzz at 1300 888 594, and we’ll talk you through how you’ll pay more tax and actually start driving a car you’re obsessed with.
FAQ for novated leases in Sydney
What is a novated lease, and how does it work?
A novated lease is a financial agreement between an employee, an employer and a leasing company. It allows your employer to make your repayments on your behalf from your pre-tax salary. You can also bundle in the car’s running costs and insurance for larger tax savings.
What are the benefits of a novated lease in Sydney and NSW?
Beyond the tax perks we keep raving about, there are two more big wins with a novated lease in Sydney. Choose an eligible EV, and you’ll skip fringe benefits tax (FBT), making it a budget-friendly way to drive electric – often (a lot!) cheaper than buying outright. You’ll also dodge GST on the car’s purchase price and any extras (like tow bars, roof racks, or window tinting), with potential savings capped at $6,334 for 2024/25.
How do I get started with a novated lease in Sydney?
We’re all about helping Sydney employees save and businesses reward their teams. In fact, we’re a little obsessed. Start by calculating your savings and getting a custom quote. Then, check if your employer offers novated leasing – if not, our simple guide makes it easy for them to get on board. Or, just send them our way, and we’ll handle the rest.
A novated lease sounds pretty good, right?
Novated leases with Leaselab help everyday Australians like you address the uncertainty and budgetary challenges associated with car ownership. With all payments bundled and budgeted for in advance using pre-tax income, we help you enjoy smaller and smoother payments with no surprises - plus big tax savings.
Say goodbye to confusion and hello to a seamless novated car leasing experience
Want a no-hassle novated lease? Think Leaselab for your next car. Smaller tax bill. Bigger savings. No surprises.
Save thousands in tax by driving your dream car
For Drivers
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