As a Teacher in Western Australia you’re automatically eligible for novated leasing.
As an employee of the Department of Education, you have a choice of where you source your novated lease. Regardless of whether your employer already has an arrangement with a salary packer, you can still access all the great benefits of a Fleetcare Novated Lease.
No. You can novate a used car however, there maybe restrictions depending on the age of the vehicle (for example, if the vehicle will be older than 7 years at the end of the lease) but all used vehicles are assessed on a case-by-case basis.
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.
If you own your car, you can sell it to Fleetcare and then lease it back under a novated lease agreement. You get to keep your existing car and still receive all the great benefits and savings of a novated lease! Learn more about our Sale and Leaseback service.
With Fleetcare, you can trade-in a vehicle as part of the process for your Novated Lease, however in accordance with the Australian Tax Office (ATO), trade-in funds cannot be used to reduce the lease principle.
Rather, you’ll be given money for your trade-in separate to your lease. You won’t be tying up any cash in a depreciating asset and you can use those funds towards other things. Find out more about selling your car with Fleetcare.
Yes, of course! If your employer already has an arrangement with a salary packager, you can still access all the great benefits of a Fleetcare Novated Lease.
Yes, of course you can! This process is also known as a re-novation. It’s important to us that we make the transition for you as smooth and hassle-free as possible. Speak with our friendly team about the process on 134 333 or learn more about a lease transfer.
When you come to the end of your lease, you have four options:
- Trade in, trade up - Trade in your existing vehicle to Fleetcare (or sell it privately) and upgrade your car with a new lease.
- Double down - Double your savings by refinancing your existing vehicle and leasing a new vehicle at the same time.
- Refinance - Refinance your residual payout for another lease term.
- Payout - Payout the residual amount and the car is yours.
Learn more about what to expect at the end of your Fleetcare Novated Lease.
To find out more about a Novated Lease, check out our tools and resources that are listed below: