Novated lease should be considered whenever you are purchasing a new vehicle. Novated leasing is a tax effective way for drivers to purchase a new car. Lease may be from 1 to 5 years. A novated lease is a salary sacrifice method to purchase and run a vehicle, new or used, using pretax dollars. A novation can suit drivers at all mileage and salary levels.

A novated lease utilises the statutory formula. Novated leasing must be offered by your employer. We can offer information sessions covering the novated lease and how it works.

Novated leasing can assist a driver who has no business usage. A novated lease can also work for a driver with a mix of business and private usage.

You may run a novated lease under the log book method.

If a novated lease is not suitable for you we have other products available for drivers who receive a car allowance.