How novated leasing works
From finding a car to managing your lease, Smart makes every step simple with expert support and easy-to-use tools.
1. Find a car you'll love
Start by exploring your options, comparing quotes and choosing a lease that works for your needs and budget. Once you're ready, you can complete your application online.
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2. Sign your lease and get driving.
Review your lease documents, complete your agreement and get everything in place before taking delivery of your new car.
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3. Enjoy the drive, we'll help with the rest
Manage your lease, running costs and claims through the Smart app, all in one convenient place.
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4. When your lease ends
You'll have several options at the end of your lease, whether you want to keep your car, upgrade to a new one or continue leasing.
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What if your circumstances change?
If you change jobs, take unpaid leave or face financial hardship, we'll help you understand your options.
Depending on your situation, you may be able to transfer your lease, continue payments yourself or explore other arrangements.
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Where are you in your car journey?
I know what I'm looking for
Search for a car and see your estimated lease costs.
I'd like some suggestions
Tell us a little about yourself and we'll suggest vehicles that could be a good fit.
I'm just researching
Learn how novated leasing works and compare your options.
Looking for more?
Browse articles, reviews and customer stories tailored to each stage of your lease.
Is a novated lease worth it?
Thinking about a novated lease? Discover how it could help you save on tax and simplify car ownership. Learn more about why a novated lease can be worth considering.
Who is eligible for a novated lease? A simple guide
Wondering who can get a novated lease? Learn about employer requirements, credit checks, and how salary packaging a car may reduce your taxable income.
Salary Packaging EVs in Australia: The Complete Guide
Learn how salary packaging an electric vehicle (EV) could save you thousands. Our guide covers tax benefits, eligibility, and how a novated lease for EVs works
Is a novated lease worth it?
Thinking about a novated lease? Discover how it could help you save on tax and simplify car ownership. Learn more about why a novated lease can be worth considering.
Who is eligible for a novated lease? A simple guide
Wondering who can get a novated lease? Learn about employer requirements, credit checks, and how salary packaging a car may reduce your taxable income.
Salary Packaging EVs in Australia: The Complete Guide
Learn how salary packaging an electric vehicle (EV) could save you thousands. Our guide covers tax benefits, eligibility, and how a novated lease for EVs works
What are the running costs of a novated lease?
From fuel and tyres to insurance and rego, discover which running costs you can bundle into a novated lease and how paying with pre-tax salary could save you money.
Maximising your novated lease
Already in a novated lease? Discover practical tips to optimise your current lease and make the most of your benefits before your lease ends.
Maximise EV driving range on road trips
To ensure a seamless and stress-free journey, optimising your driving range is paramount. Here are some practical tips to help make the most of your EV's range during your road trip.
What are the running costs of a novated lease?
From fuel and tyres to insurance and rego, discover which running costs you can bundle into a novated lease and how paying with pre-tax salary could save you money.
Maximising your novated lease
Already in a novated lease? Discover practical tips to optimise your current lease and make the most of your benefits before your lease ends.
Maximise EV driving range on road trips
To ensure a seamless and stress-free journey, optimising your driving range is paramount. Here are some practical tips to help make the most of your EV's range during your road trip.
A complete guide to what happens at the end of a novated lease
Explore what happens at the end of your novated lease - either (1) sell your car, pay the residual and upgrade to a new one (2) extend your lease (3) pay the residual on your lease and own the car outright..
What is a balloon payment or residual value on a novated lease?
Wondering what a novated lease balloon payment or residual value is? Learn how it works, why it is required and what your end of lease options are.
Upgrading to a new car when your novated lease ends
Is your novated lease finishing? Discover how easy it is to upgrade to a brand new car with a fresh lease. Learn about your end-of-lease options with Smart.
A complete guide to what happens at the end of a novated lease
Explore what happens at the end of your novated lease - either (1) sell your car, pay the residual and upgrade to a new one (2) extend your lease (3) pay the residual on your lease and own the car outright..
What is a balloon payment or residual value on a novated lease?
Wondering what a novated lease balloon payment or residual value is? Learn how it works, why it is required and what your end of lease options are.
Upgrading to a new car when your novated lease ends
Is your novated lease finishing? Discover how easy it is to upgrade to a brand new car with a fresh lease. Learn about your end-of-lease options with Smart.
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 obtain appropriate legal, tax, financial, or other professional advice based upon your own particular circumstances. The availability of benefits is determined by your employer. Conditions and fees apply.
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. Generally, vehicles should be less than 12 years old at the end of the lease term with a minimum value of $5,000.
1. GST is not payable on the purchase price of a vehicle financed through a novated lease (GST savings are calculated on the FBT base value of the vehicle, up to the claimable limit unless exempt).