The first and most important thing you need to know is that a novated lease comes out of your pre-tax salary - something you can’t do with a standard car loan or when purchasing the car outright.

So essentially, you pay for your car and all of its running costs before you pay tax. This reduces your total annual income, and thereby allows you to save thousands in tax every single year. It’s a game changer when weighing novated leases against other ways to get your next car.

As if saving over $6,000 on the GST of your vehicle wasn’t enough, you can also save the GST component on all of your car’s running costs. That means you save 10% on charging, servicing, roadside assistance, insurance, rego and even replacing your car’s tyres. You can see how quickly that all adds up.

And the cherry on top is that it’s all paid from your pre-tax income, so it helps reduce your tax bill further. Impressed yet?

Novated leases offer a lot of flexibility – both in terms of your car choice as well as your options at the end of a lease. If you’d prefer a new car, you can access fleet pricing for the best possible deal.

Alternatively, you can purchase a used car and still qualify for a novated lease. Or you can even bring your existing car to the arrangement! Just about anything is possible - just give our team a call and we can talk you through the options.