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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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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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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.

Latest deals
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Polestar 2

MY26 Standard Range Single Motor

$477 per fortnight

Price includes running costs

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Jaecoo J7

MY25 Summit FWD PHEV

$549 per fortnight

Price includes running costs

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BMW iX1

MY25 XDrive30 M Sport AWD

$641 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.

* 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 January 2026 and may be subject to change.