A novated lease is one of the smartest, most tax-effective ways to buy and run a car.
Pay less tax | Bundle your car costs | Unlock eligible EV tax perks
Are you eligible for a novated lease?
To take advantage of the potential tax savings and convenience of a novated lease, you generally need to meet a few key requirements.
A novated lease is available to most employees who receive a regular salary from their employer.
You are likely eligible if:
- You’re a permanent full-time or part-time employee
- You work for an employer that offers salary packaging as a benefit
- You receive a regular taxable income (from which pre-tax payments can be deducted)
Complete the quick form and one of our novated leasing experts will be in touch to discuss your eligibility.
Why choose a novated lease?
If you’re eligible, a novated lease offers more than just convenience. It could deliver real financial benefits. Here’s why it’s worth checking your eligibility:
- Save on income tax: Lease repayments and running costs come from a portion of your pre-tax salary, which could reduce your taxable income
- Simplify your budget: Car expenses such as rego, fuel and insurance are rolled into one regular payment, making it easier to manage your money
- Drive when you want: a novated lease can be for 100% personal use
How to lease a car you’ll love
1. Check your eligibility
Get a free novated lease eligibility check with Smart. We can also offer a no-obligation quote.
2. Choose your car
Smart’s complimentary car buying service can source and purchase a new car on your behalf. Or you can source one yourself.
3. Set up the novated lease with Smart
From setting up the lease to coordinating with your employer – Smart will do all the legwork to make it simple for you.
4. Take delivery and enjoy
Smart will take care of your salary deductions and payments, whilst you enjoy your new car and the potential tax savings.
Ready to drive smarter?
If you’re eligible, a novated lease could be your ticket to a new car and tax savings. It’s worth checking – you may be closer than you think to driving your dream car.
Frequently asked questions
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 Smart™ company.
^To package a used or current car, certain financier requirements must be met. Exact age requirements and minimum value depend on which financier you choose