Novated leases
Without a doubt, novated leases are still one of the most popular salary packaging benefits available to people right across Australia, which is largely due to the fact that the concession this benefit receives is not linked to a specific employer group. 

So, no matter what industry you are employed in – whether you work in education, local government, a public hospital, a charity, or even a profit making organisation, everyone gets the same access to the fringe benefits concession this benefit gives.

In simple terms, a novated lease is a three-way agreement between yourself, a financier, and your employer. You enter into a lease agreement with the financier, then your employer agrees to allow you to salary sacrifice these costs through your salary package – with the end result being you pay less tax! The choice of vehicle is completely up to you and you get to save money from the moment you buy the car, through every time you buy fuel or service it.

Making the decision to buy a new car is very exciting, though can be a daunting prospect for many. Our vehicle procurement manager, Darren Lewis, will help you get the best deal on your next vehicle – whether you are looking for a novated lease or buying it outright. He has access to national fleet pricing for most vehicle brands and negotiates the best price through our national dealer network without you even needing to leave your house! He can also help steer you through the current vehicle availability challenges that are currently hampering many vehicle manufacturers.

Related Articles