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Novated Leasing

A rewarding benefit to offer as an employer - or an all-inclusive salary packaging option as an employee.

What is a novated lease?

A novated lease is a salary packaging option that lets you pay for a new or used car and its running costs from your pre-tax salary. It’s a three party agreement between an employee, their employer, and Fleetcare.
Novated leasing gives employees access to concessional rates of tax not available via traditional car financing models. By salary sacrificing the vehicle purchase price and running costs, employees can reduce their income tax and gain access to GST savings on the vehicle purchase price, fuel, servicing, tyres, and more.

Does your employer already have a salary packager? We can still help!

Need help navigating novated leasing?

Novated Lease benefits

Save on vehicle purchase price
Reduce income tax
Smooth your budget
24/7 driver support
Save on GST*
Cashless servicing and repairs

Novated Lease Lifecycle

Novated Leasing FAQs

How does a Novated Lease work?
A novated lease is a salary packaging option that lets you pay for a new or used car and its running costs from your pre-tax salary. It’s a three-party agreement between you, your employer, and Fleetcare.
How do I know if I’m eligible for a Novated Lease?
If you’re a salaried employee, completed your probation period at work and your employer is happy to enter into the agreement with us, you’re eligible.
How do I pick my vehicle for the Novated Lease?
Fleetcare will source the car of your choice at the best possible price, with fleet discounts on the purchase price and any accessories you’d like. Already sourced your new ride or prefer a used vehicle? No problems! We’ll make sure all the paperwork is done and the vehicle delivered on time and at a great price.
How do I know how much I’m going to pay for my Novated Lease?
If you’ve got a vehicle in mind, you can try our online calculator. Once you’re ready, one of sales consultants can provide you with a personalised quote and talk you through the numbers. Everyone’s situation is different, and we encourage all our customers to seek financial advice before committing to a lease.
Do I get fuel discounts with a Novated Lease?
Yes, as a Fleetcare Novated Lease customer, you’ll receive discounts to major fuel suppliers BP, Caltex, Shell, Coles and Woolworths nationwide. You’ll also enjoy 10c off every litre of fuel and half price car washes, available for all Fleetcare customers at BP stations.
Is insurance included in the Novated Lease?
Our comprehensive insurance product is specifically tailored to leased vehicles and is included as standard in a Fleetcare Novated Lease. Guaranteed Asset protection (GAP) is also included ensuring you’re never out of pocket in the event of a total loss. We also offer other protection options like extended warranty and Lease Protection Insurance (LPI) which will cover your lease payments if you are unable to work due to illness or redundancy.
Can I source my own insurance?
Yes, absolutely. You can source your own insurance and we’ll include the budgeting in your novated lease so that you can be reimbursed.
What is the difference between a Novated Lease and a Car Loan?
With a car loan, the vehicle payments and running expenses are paid for after you’ve been taxed. With a Fleetcare Novated Lease, the cost of the vehicle, finance and running costs are taken from your pre-tax salary leaving you with more money in your pocket.

Think a Novated Lease is right for you?

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Disclaimer: Income Tax savings are dependent on your taxable income and individual tax status. GST savings are dependent on your employer’s policy and accounting treatment of GST.