Power your EV with ENGIE
We’ve partnered with ENGIE to offer you an exclusive energy plan to help power your EV! Learn about exclusive offers and discounts available to Leaselab customers who drive an EV.
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 $6,353 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.
Smarter EV Charging and Energy Solutions for Leaselab Drivers
Leaselab has partnered with ENGIE, one of Australia's leading clean energy providers, to help make electric vehicle ownership more affordable, convenient and sustainable.
Through this partnership, Leaselab customers can access exclusive energy and charging benefits designed specifically for EV drivers, helping you reduce running costs while making the most of your electric vehicle.
Energy Rewards for EV Drivers
Access ENGIE's EV-specific energy plan and enjoy:
- $350 in exclusive value, including:
- $200 credited to your Leaselab account
- $150 Exploren public charging voucher
- 10c/kWh credit back for overnight home charging between 12am and 6am
- 8c/kWh solar feed-in tariff on the first 8kWh exported per day for eligible solar customers
Home Charging Solutions
Charging at home is one of the easiest and most cost-effective ways to run an EV. Through our partnership with ENGIE and EVSE, Leaselab customers can access exclusive pricing on home charging solutions.
Essential Home Charger
A reliable and affordable charging option designed for convenient overnight charging.
- Cost-effective solution
- Fast and efficient home charging
- Ideal for everyday EV drivers
Solar Smart Charger
Maximise your renewable energy and reduce charging costs by using excess solar generation.
- Optimises solar charging
- Helps reduce grid energy consumption
- Ideal for homes with solar panels
Simple, Seamless Switching
Making the switch is easy. ENGIE manages the energy transfer process on your behalf, ensuring a smooth transition with no interruption to your electricity supply.
Supporting a More Sustainable Future
Together, Leaselab and ENGIE are helping Australians make the transition to electric vehicles with smarter energy solutions, lower running costs and a more sustainable driving experience.
Ready to learn more?
Speak with the Leaselab team today!
Cost comparison on a Tesla Model Y
Compare the difference between a Novated Lease and a Car Loan
The following comparison is based on a 5 year term. The interest rate used for the loan is 8%.
Novated Lease
Weekly Cost
$256.98
Total Cost
$66,814.80
Residual Inc. GST
$11,323.76
Total Cost
$78,138.56
Car Loan
Driveaway Price
$40,000
Running Costs
$38,250
Interest Payable (8.00%)
$8,663.35
Total Cost
$86,913.35
Cash Purchase
Driveaway Price
$40,000
Running Costs
$38,250
Potential Interest Lost (3.75%)
$8,235.11
Total Cost
$86,485.11
In this scenario, a novated lease with Leaselab could save you $8,774.79 compared to purchasing a car using a car loan and $8,346.55 compared to purchasing a car outright. Spend smarter and get in touch today.
*Please note, this comparison is for illustrative purposes only. Always seek independent financial advice when considering any financial product.
Cost comparison on a Kia Sportage
Compare the difference between a Novated Lease and a Car Loan
The following comparison is based on a 5 year term. The interest rate used for the loan is 8%.
Novated Lease
Weekly Cost
$256.98
Total Cost
$66,814.80
Residual Inc. GST
$11,323.76
Total Cost
$78,138.56
Car Loan
Driveaway Price
$40,000
Running Costs
$38,250
Interest Payable (8.00%)
$8,663.35
Total Cost
$86,913.35
Cash Purchase
Driveaway Price
$40,000
Running Costs
$38,250
Potential Interest Lost (3.75%)
$8,235.11
Total Cost
$86,485.11
In this scenario, a novated lease with Leaselab could save you $8,774.79 compared to purchasing a car using a car loan and $8,346.55 compared to purchasing a car outright. Spend smarter and get in touch today.
*Please note, this comparison is for illustrative purposes only. Always seek independent financial advice when considering any financial product.
Cost comparison on a Ford Ranger
Compare the difference between a Novated Lease and a Car Loan
The following comparison is based on a 5 year term. The interest rate used for the loan is 8%.
Novated Lease
Weekly Cost
$256.98
Total Cost
$66,814.80
Residual Inc. GST
$11,323.76
Total Cost
$78,138.56
Car Loan
Driveaway Price
$40,000
Running Costs
$38,250
Interest Payable (8.00%)
$8,663.35
Total Cost
$86,913.35
Cash Purchase
Driveaway Price
$40,000
Running Costs
$38,250
Potential Interest Lost (3.75%)
$8,235.11
Total Cost
$86,485.11
In this scenario, a novated lease with Leaselab could save you $8,774.79 compared to purchasing a car using a car loan and $8,346.55 compared to purchasing a car outright. Spend smarter and get in touch today.
*Please note, this comparison is for illustrative purposes only. Always seek independent financial advice when considering any financial product.
Your car, your choice of options
Customise your vehicle with accessories, protection and technology that enhance comfort, convenience and confidence on the road.
Tow bar or bullbar
Add practical dealer accessories to better suit the way you drive and where you go.
Ceramic Window Film
100% metal-free technology. Blocks 99% of UV rays, dramatically reduces cabin heat, and provides outstanding glare reduction and privacy.
SmartVu 4K Dash Cam
Capture every drive in Ultra-HD clarity. Provides crucial evidence in an accident, features smart park mode, and connects via Wi-Fi.
ECO+ Surface Care
Sustainable, once-off protection. Graphene-infused exterior coating eliminates waxing, while water-based interior treatment repels spills and stains.
MDR (Minor Damage Repair)
Enjoy the confidence of knowing that everyday scratches, dents, and scuffs can be repaired at your convenience.
End of Lease – Simple Options,Seamless Support
When your lease ends,you can choose to:
Upgrade your car and sell your current one. Any equity in the vehicle is yours to keep – tax-free.
Refinance the remaining amount and keep your current car
Pay out the residual and own your car outright
Make selling easy with the TradeLab App
After a few simple steps, your car is listed to our network of dealers who bid to get you the best price
About Leaselab
We’re here to make novated leasing mainstream, getting Aussies into their dream cars while putting money back into their pockets.
Our mission is to help Australians get more from the money they work hard to earn. By turning complex employee benefits into simple, powerful financial advantages for both employees and employers, we unlock value that would otherwise be left on the table.
The work we do is underpinned by a simple vision to make novated leasing accessible to more Australians, empowering drivers with the knowledge they need to make informed decisions that ultimately enhance their financial well-being.
Calculate Your Savings
Get into a novated lease in five simple steps
A clear, easy process that helps you choose your car, understand your savings, organise the paperwork and get on the road sooner.
