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Let's help you pay less for the car you love

Novated leasing

Novated leasing

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Smart is Westpac's contracted novated leasing provider.

Novated leasing is a cost-effective and convenient way to get into a car you love. Get a personalised estimate by using our leasing calculator.

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Explore our latest offers for Westpac employees

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Learn from women driving the EV shift

Join our webinar on Friday, 20 March, at 1pm, to hear real-life stories, useful advice and answers to the questions you've always wanted to ask.

Promotion
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WIN Your Ultimate Getaway

Enter with a Smart™ novated lease by 31 March 2026 for your chance to win.

Major prize: 1 x $20,000 Webjet travel gift card+
Minor prizes: 4 x $5,000 Webjet travel gift cards+

T&Cs and eligibility criteria apply.

Promotion
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Drive away with 35,000 bonus Qantas Points**

A novated lease is one of the most tax-effective ways to buy and run a car. Drive away with 35,000 bonus Qantas Points** when you take out a novated lease through SmartTM. Offer ends 31 March 2026.

 

Terms and conditions apply.

 

Learn more about the benefits of novated leasing

Register for an upcoming webinar, or request a call back from a leasing specialist.

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Register for webinar

What is novated leasing?

Novated leasing is a simple salary packaging arrangement where your car finance and many of your running costs come out of your pre-tax pay in one easy, regular payment. If you lease an eligible electric car*, 100% of the costs come out of your pay before tax.

Explore latest deals

Unlike other car financing options, novated lease pricing includes finance, registration, fuel or charging and comprehensive insurance.

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Geely EX5

MY26 Complete 160KWh

$385 per fortnight*

Price includes running costs

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BMW iX1

MY26 eDrive20 X-Line

$521 per fortnight*

Price includes running costs

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Subaru Forester

MY26 2.5e Sport AWD Hybrid

$657 per fortnight*

Price includes running costs

Important information

This is general information only. Before entering into any salary packaging or novated leasing arrangement, you should consider your objectives, financial situation and needs, and seek appropriate legal, financial or other professional advice based upon your own particular circumstances. The availability of benefits is determined by your employer. Conditions and fees apply. Smartsalary Pty Ltd, ABN 24 096 796 100, a SmartTM company.

+ Terms & Conditions apply, for full details visit smart.com.au/p-tcs/win-your-ultimate-getaway. Promotion period begins on 29.01.2026 at 00:01am AEDT and ends on 31.03.2026 at 11:59pm AEDT. Joint promoters are: Smartsalary Pty Limited, a SmartTM company, AccessPay Pty Ltd, Smartsalary Pty Limited trading as Smartleasing, and Autopia Management Pty Ltd. The prize pool is shared among the four named joint promoters. This means, for example, that an eligible entrant who is a customer of Smartsalary will be competing for one (1) Major Prize and four (4) Minor Prizes with all other eligible entrants, who may be customers of any other of the joint promoters. Eligible entrants will receive an automatic entry into the draw when they order and take delivery of a new or used vehicle through Smart or Autopia, obtain vehicle finance for that vehicle through a Smart or Autopia preferred financier, and receive confirmation from Smart or Autopia (as applicable) that the novated lease has been settled during the Promotion Period. Winners will be selected during the Prize Draw which will take place on 13.04.2026 at 11:00am AEST. The shared Prize Pool consists of (i) one (1) Major Prize of four (4) x $5,000 AUD Webjet eGift Cards totalling a value of $20,000 AUD (issued by Webjet), and (ii) four (4) Minor Prizes of one (1) x $5,000 AUD Webjet eGift cards per winner (issued by Webjet). Winners will be notified by email within seven (7) business days of the Prize Draw. NSW Trade Authority TP/01464 and NSW Notification Number NTP/15673, ACT Permit Number TP 26/00070 and SA Permit Number T26/52.  

** This offer is only available to those whose employers allow them to finance a car through Smart. Smart may withdraw, change or remove this offer at any time. To be eligible for 35,000 bonus Qantas Points, individuals must do the following between 2 September 2025 and 31 March 2026: (1) submit the ‘Get a Quote’ form on https://www.smart.com.au/p/qantas-points/; (2) order a new vehicle through Smart; and (3) obtain finance for that vehicle through Smart. Individuals must be a Qantas Frequent Flyer member at the time of vehicle order and link their account as prompted by Smart. For the full terms and conditions of this offer please visit here.

* Prices based on the following assumptions: (1) living in NSW 2000, (2) salary: $90,000 gross p.a., (3) travelling 15,000 kms p.a., (4) lease term: 5-years, (5) salary sacrifice using employee contribution method (ECM) or FBT Exempt Method for Electric Car Discount eligible EVs. Images shown may not be the exact car that the calculations have been based on. All figures quoted include budgets for finance, charging, servicing, tyres, maintenance, Vero by Suncorp comprehensive motor insurance, Hydro Platinum Pack and re-registration over the period of the lease. Vehicle residual, as set by Australian Taxation Office, is payable at the end of lease term. The exact residual amount will be specified in your vehicle quote. Figures are accurate as of February 2026 and may be subject to change. 

^ Fringe Benefits Tax (FBT) exemption available for eligible electric or hydrogen cell vehicles purchased through a novated lease up to the Luxury Car Tax limit ($91,387 in FY 2025-26). See the Australian Taxation Office website for full eligibility criteria.